0 Lower Colonias Rd El Prado, NM 87529

This exceptional 86-acre property in Taos County, New Mexico, presents a unique investment opportunity. Located near El Prado, on Lower Colonias Rd (zip code 87529), this land boasts stunning views and abundant water rights. Currently zoned for residential use, the property offers significant potential for development, subject to local regulations. The expansive pastureland is ideal for equestrian activities, complementing its agricultural suitability. The property's natural beauty is enhanced by the Arroyo Seco stream meandering through it. Development is restricted to a maximum of 12 residential lots, ensuring preservation of open space and the natural environment. Conveniently located just 10 minutes from the heart of Taos and 25 minutes from Taos Ski Valley, this property combines the tranquility of rural living with easy access to amenities and recreational opportunities. The asking price is $775,000. Ownership is held by Beach 230 LLC. This is a rare chance to acquire a substantial parcel of land with diverse development potential in a highly desirable location. The property's combination of agricultural and residential zoning, coupled with its scenic beauty and proximity to Taos, makes it an attractive proposition for both developers and those seeking a large, private estate.