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    34 Dream Catcher Rd Fence Lake, NM 87315

    • Land
    • 20.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 34 Dream Catcher Rd

    Lot size
    20.00 lot acres
    Property type
    Land

    Description

    This exceptional 20-acre property presents a unique opportunity in the tranquil Indian Knolls Subdivision of Fence Lake, New Mexico. Situated just south of Highway 36 in Cibola County, this land boasts a 12' x 30' cabin, perfect for a weekend getaway or a foundation for your dream home. While the property requires some cleanup and tender loving care, its inherent qualities are undeniable. Mature pinon trees provide natural beauty and shade, while expansive views add to the serene atmosphere. The quiet subdivision offers peace and privacy, free from the constraints of a homeowner's association. Utilities are conveniently located along the property line, with electricity and telephone readily accessible. The cabin is pre-wired for a solar system, showcasing a commitment to sustainable living. A water catchment system is already in place, providing a resourceful approach to water management. While a septic system is not currently installed, the groundwork is laid for future development. This 20-acre parcel in Fence Lake, NM, offers a blend of rustic charm and potential, making it an ideal investment for those seeking a peaceful retreat or a promising land opportunity in Cibola County. The property's zip code is 87315.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fence Lake
    County
    Cibola
    State
    New Mexico
    Longitude
    -108.534
    Latitude
    34.6481

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    34 Dream Catcher Rd
    Fence Lake, NM 87315
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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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