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    OFF-MARKET
    Land

    103 Sierra Ln, Elephant Butte, NM 87935

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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    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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    Permitted uses
    Allowed · conditional · prohibited
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