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    OFF-MARKET
    Land

    107 Mesa Grande Rd, Elephant Butte, NM 87935

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    Property summary
    AI-generated overview

    This 8,712 square foot lot in Elephant Butte, New Mexico, presents a unique opportunity to build a custom home within a premier golf course community. Located at 107 Mesa Grande Road, 87935, this property offers unparalleled access to outdoor recreation. Just five minutes from Elephant Butte Lake, residents enjoy world-class hunting, fishing, boating, and hiking opportunities. The area boasts stunning year-round weather, ideal for outdoor enthusiasts. The community features a state-of-the-art country club with outstanding amenities. This homesite is ready for immediate construction, with various meticulously designed floor plans available for customization. Buyers can personalize their new home with preferred colors and finishes, with a projected move-in ready timeframe of under seven months. The asking price for this exceptional homesite is $79,000. This is an exceptional opportunity to own a piece of this desirable New Mexico community. The property is situated in Sierra County and offers a convenient location near Turtleback Mountain Resort.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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