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Property profile & analytics
OFF-MARKET
Land

148 Champagne Hl Rd Truth or Consequences, NM 87901

11.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.52-acre property in Truth or Consequences, New Mexico, presents a unique opportunity to build your dream home in a serene and picturesque setting. Located at 148 Champagne Hills Road, this land comprises three adjacent lots, offering ample space for a custom residence and potential for future development. The area boasts stunning views, with picture-perfect sunrises and sunsets over New Mexico's largest lake. The property is subject to covenants and restrictions ensuring the construction of site-built homes only, maintaining the neighborhood's aesthetic appeal. Infrastructure is already in place, including underground electricity and a well-sharing agreement among neighbors, simplifying the building process. Road maintenance is handled collectively by the property owners, ensuring a well-maintained paved road access. This tranquil community offers a welcome escape from city life, while still providing convenient access to Spaceport America, various recreational activities, abundant wildlife, and the area's renowned natural hot springs. The asking price for this remarkable property is $69,900, making it an attractive investment for those seeking a peaceful and idyllic lifestyle in beautiful Sierra County, New Mexico, zip code 87901. The property's coordinates are 33.1535997 latitude and -107.156832 longitude.

Property profile
Verified
Property type Land
Lot 11.52 ac (501,811 SF)
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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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