1-Acre Retreat Near the Sandia Mountains!

5 Drum Rd, Edgewood, NM 87015

$30,000 After Repair Value -
$26,999 Asking Price -
$0 Cost of Repairs =
$3,001 Potential Profit

Property Details

Asking Price $26,999

After Repair Value $30,000

Costs of Repairs $0

Potential Profit $3,001

Living Area N/A

Property Type Land

Bedrooms 0

Bathrooms 0

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Are you getting tired of the fast pace of city life? Whether you’re thinking of relocating, or just want a weekend retreat, this private and peaceful lot in Edgewood is the perfect place for you! Located 7 miles south of Highway 40, this 1-acre lot is only a 40-minute drive east of Albuquerque. Soak in the tranquil beauty of New Mexico’s East Mountain region while still having quick and convenient access to the ABQ metro area.

Financing price: $29,999.00
Minimum down payment of $5,000.00
3% interest
Financing for up to 7 years
Cash price: $26,999.00

The Sandia Mountains and Cibola National Forest are just a stone’s throw away from this lot.

Enjoy spectacular views from the Sandia Crest National Scenic Byway and the Sandia Peak Aerial Tramway.

The Tramway offers amazing panoramas of the area’s majestic mountain peaks, deep canyons and dazzling terrain. Copy and paste this link to watch a video that highlights the Sandia Peak Tramway: - your free time hiking, biking, snowshoeing and horseback riding along the 30+ trails that run through the Sandia Mountains. The Sandia Peak Ski Resort is open in the winter and provides everything you need to have fun on the slopes.

Visit my Facebook and Instagram pages for more great pictures of the property and to see our other properties for sale! - — @arcadialandholdings


1 acre in Bernalillo County, New Mexico.
5 Drum Road, Edgewood, NM 87015
GPS Coordinates (approximate) for the 4 corners:
SW: 34. - , -106. -
NW: 34. - , -106. -
NE: 34. - , -106. -
SE: 34. - , -106. -
Lot #6 of Holiday Hills subdivision
Property ID # -
Zoning — A-2 Agricultural
Manufactured & Mobile homes allowed.
No utilities currently on-site.
Water — well or water tank
Electric — Central NM Electric Co-op
Road access: county-maintained dirt/gravel road off of Hwy 217
Taxes — $68/year
Property has clean title.
For sale by owner. Cross-posted to other sites.

Photo credit goes to David Rosenfield Photography and OneAbove LLC


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