This exceptional 1.66-acre property in Rociada, New Mexico, presents a unique opportunity to build your dream home. Comprising three contiguous lots, this parcel offers several desirable building sites on relatively level terrain. Enjoy easy year-round access and the convenience of proximity to a clubhouse. The larger lot size allows for a more cost-effective conventional septic system, reducing overall construction expenses. The property is subject to restrictive covenants and annual HOA assessments. Note that camping, RVs, manufactured homes, and tiny homes are prohibited. Minimum home size is 1250 square feet; site-built homes are required, with certain modular homes permitted. Once a home is constructed, the HOA provides unmetered water, year-round road maintenance, and weekly trash service. The current unimproved lot fee is $683.86 annually. Residents enjoy access to a public mountain golf course, clubhouse, and grill within Pendaries Village. This peaceful Rociada Valley location offers a short drive to Angel Fire, Taos, and Santa Fe. The lots have recently been thinned, providing cleared building sites. This is an ideal location for those seeking a tranquil setting with convenient access to amenities and nearby attractions. The asking price for this remarkable property is $13,500. The property is located at 47, 48, 49 Camino Facil, Rociada, NM 87742. San Miguel County.
Cap rate
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