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2 Acres Tbd Savoya Rd Ramah, NM 87020

  • Land
  • 2.10 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 2 Acres Tbd Savoya Rd

Lot size
2.10 lot acres
Property type
Land

Description

This exceptional 2.1-acre property in Ramah, New Mexico, presents a remarkable opportunity for those seeking a tranquil escape in the heart of nature. Located approximately one mile north of Route 53, beyond the end of Savoya Drive, this elevated parcel offers breathtaking panoramic views of the Ramah Valley, Ramah Lake, and the expansive New Mexico sky. The land is primarily wooded, featuring cedar and pine trees, and provides habitat for a variety of wildlife, including deer, elk, and occasional mountain lions. Utilities are readily available, with existing electric power and a well capable of producing 2 gallons per minute, supplemented by a water tank system. Access is provided via a road from the highway to the property's southern boundary, which is partially fenced with a 4-wire fence. While offering significant potential for residential development, prospective buyers should be aware that the property is subject to various easements, covenants, and restrictions detailed in McKinley County records. Water rights are appurtenant to the property, subject to adjudication under the Zuni River Basin Adjudication. Soil conditions vary, requiring a thorough evaluation for any construction planning due to the presence of expansive clay in certain areas. This unique property combines natural beauty with essential utilities and legal considerations, making it an attractive investment opportunity. Seller financing may be available with a substantial down payment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Ramah
County
McKinley
State
New Mexico
Longitude
-108.001
Latitude
34.9452
More about this property
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