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    Overlook Dr Placitas, NM 87043

    • Land
    • 1.96 lot acres
    For Sale
    View listing
    $168,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Overlook Dr

    Lot size
    1.96 lot acres
    Property type
    Land

    Description

    This exceptional 1.96-acre residential lot, identified by APN 1025073415130, presents a unique opportunity in the prestigious Overlook subdivision of Placitas, New Mexico. Priced at $168,000, this property boasts commanding views of the Sandia Mountains, Santa Fe, Jemez Mountains, Cabazon, and the Rio Grande Valley. Zoned R-1, the lot is ready for your dream home. Its convenient location offers easy access to amenities while maintaining a sense of seclusion. The Overlook provides a tranquil setting, yet is only 5.7 miles from Interstate 25, ensuring effortless commutes and connectivity. This parcel is situated on Overlook Drive in Placitas, Sandoval County, New Mexico, 87043. The expansive acreage provides ample space for a custom home and potential landscaping, maximizing the breathtaking panoramic vistas. This is an exceptional opportunity to build your dream home in a highly desirable location. Don't miss this chance to own a piece of Placitas' stunning landscape.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Placitas
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.447
    Latitude
    35.3087

    Comparable in this City

    • Value Estimation by Request

      Multi Lots Overlook Dr

      Land
      0 Multi Lots Overlook Dr, Placitas, NM 87043
      View Details
    • Value Estimation by Request
      1.68 Acres

      Tracts 5-B & 5-C

      Land • 1.68 Acres
      0 Tracts 5-B & 5-C, Placitas, NM 87043
      View Details
    • Value Estimation by Request

      18 Overlook Dr

      Land
      18 Overlook Dr, Placitas, NM 87043
      View Details
    • Value Estimation by Request
      796 SF

      Placitas, NM 87043

      PARKING GARAGE, PARKING STRUCTURE • 796 SF
      Placitas, NM 87043
      View Details
    • Value Estimation
      $410,000
      2,822 SF

      3 Homesteads Rd

      OFFICE BUILDING • 2,822 SF
      3 Homesteads Rd, Placitas, NM 87043-9229
      View Details
    • Value Estimation
      $375,000
      3,348 SF

      664 State Hwy 165

      RESTAURANT • 3,348 SF
      664 State Hwy 165, Placitas, NM 87043
      View Details

    Similar Nearby for Sale

    • $168,000
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      Placitas Land: Mountain Views

      1.96-acre residential lot with stunning views.
      0 Overlook Dr, Placitas, NM 87043
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    • $45,000

      Placitas Industrial Land - $45K

      5.35-Acre Industrial Lot, Panoramic Views
      18 Overlook Dr, Placitas, NM 87043
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    • Contact for pricing
      Pending

      Placitas Land Bordering Public Land

      Undeveloped 1.9-acre lot bordering BLM land with scenic views.
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    • $150,000
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      Placitas Land For Sale

      3.02 acres of land available in Placitas, New Mexico.
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      Multi Lots OVERLOOK Drive

      Land
      0 Multi Lots Overlook Dr, Placitas, NM 87043
      View Details
    • $168,000
      1.96 Acres

      Placitas, NM Land For Sale

      1.96 acre land for sale in Placitas, New Mexico.
      Overlook Dr, Placitas, NM 87043
      View Details
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    Overlook Dr
    Placitas, NM 87043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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