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Property profile & analytics
OFF-MARKET
Land

107 Mesa Grande Rd Elephant Butte, NM 87935

Property ID
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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