Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    103 Sierra Ln Elephant Butte, NM 87935

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 103 Sierra Ln

    Property type
    Land

    Description

    This exceptional 13,939.2 square foot lot is situated in the desirable Turtleback Mountain Resort community in Elephant Butte, New Mexico. Located at 103 Sierra Lane, zip code 87935, this property offers a unique opportunity to build a custom home within a vibrant golf course community boasting state-of-the-art country club amenities. Enjoy unparalleled access to outdoor recreation, including world-class hunting, fishing, hiking, and boating, all within minutes of Elephant Butte Lake. Southern New Mexico's stunning year-round weather makes this an ideal location for outdoor enthusiasts. The homesite is ready for immediate development, with the option to select from a variety of expertly designed floor plans, simplifying the building process. The streamlined process allows for home completion in under seven months, once design selections are finalized. This is a ground-floor opportunity to own a piece of this exceptional community. The asking price for this remarkable property is $86,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elephant Butte
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.229
    Latitude
    33.1765

    Comparable in this City

    • Value Estimation by Request
      2.06 Acres

      629 Mustang Pl

      Land • 2.06 Acres
      629 Mustang Pl, Elephant Butte, NM 87935
      View Details
    • Value Estimation by Request

      204 Superior

      Land
      204 Superior, Truth or Consequences, NM 87935
      View Details
    • Value Estimation by Request

      105 Los Largos

      Land
      105 Los Largos, Elephant Butte, NM 87935
      View Details
    • Value Estimation by Request
      1.07 Acres

      23 Mcrea Cir

      Land • 1.07 Acres
      23 Mcrea Cir, Truth or Consequences, NM 87935
      View Details
    • Value Estimation by Request
      11.37 Acres

      241 Champagne Hl Rd Rd

      Land • 11.37 Acres
      241 Champagne Hl Rd Rd, Truth or Consequences, NM 87935
      View Details
    • Value Estimation by Request
      14.23 Acres

      262 Champagne Hl Rd Rd

      Land • 14.23 Acres
      262 Champagne Hl Rd Rd, Truth or Consequences, NM 87935
      View Details

    Similar Nearby for Sale

    • $58,000
      5.66 Acres

      Prime 5.66-Acre Land Parcel

      Elephant Butte Lakefront Land - Stunning Views
      000 Mustang Rd, Truth or Consequences, NM 87935
      View Details
    • $59,000

      Elephant Butte Lakefront Land

      Build Your Dream Lake House! Prime .59-Acre Lot.
      70 Rio Grande Cir St, Truth or Consequences, NM 87935
      View Details
    • $2,043,800
      6.43 Acres

      Land in Elephant Butte, NM

      6.43 acres of land for sale in New Mexico.
      1 Cedar Cyn Blvd, Elephant Butte, NM 87935
      View Details
    • Contact for pricing
      1.92 Acres

      Prime Elephant Butte Land

      1.92 Acres, Build Your Dream Home
      630 Mustang P Pl, Elephant Butte, NM 87935
      View Details
    • $55,000
      14.67 Acres

      Land with Mountain Views

      Unimproved land with mountain views in Elephant Butte, New Mexico.
      276 Champagne Hl Rd Rd, Elephant Butte, NM 87935
      View Details
    • $58,000
      5.66 Acres

      Elephant Butte Lakefront Land

      5.66 Acres, Stunning Views
      0001 Mustang Rd, Truth or Consequences, NM 87935
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    103 Sierra Ln
    Elephant Butte, NM 87935
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.