du Soleil Rte El Prado, NM 87529
This exceptional 402-acre property in El Prado, New Mexico, presents a unique investment opportunity. Currently subdivided into 27 individual estate lots ranging from 10 to 15 acres each, the land is priced at $7,000,000 as a whole. Individual lots are available for purchase, priced between $295,000 and $325,000. The entire subdivision, encompassing all 27 lots, is also available for $10,000,000. This expansive land boasts stunning 360-degree views, including the breathtaking Sangre de Cristo mountain range. Its prime location borders Taos Pueblo lands and offers convenient access to Taos Ski Valley, the historic Taos Plaza, the Rio Grande Gorge, and Taos Airport. The property is situated away from major highways, ensuring peace and quiet. A significant advantage is the complete underground infrastructure, including natural gas, electricity, phone, and fiber optic lines. Architectural restrictions are minimal, allowing for diverse structures such as residences, casitas, stables, and barns. A 40-acre greenbelt commons adds to the property's natural beauty and exclusivity. The land offers a remarkable blend of privacy, convenience, and unparalleled natural beauty, making it ideal for residential development or a private estate. The price per acre is $24,876. The property is located at Rte du Soleil, El Prado, NM 87529, in Taos County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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