Amazing views! This secluded get away is an opportunity to build your dream home or just get out of town and enjoy some recreation. Deeded acreage is 198+/- though there is a discrepancy from a neighbors replat. Either way, this is a lot of land with a lot of possibilities. There is a large ravine to explore, plenty of land to hike, healthy juniper trees, and did I mention views! There are three parcels so you can enjoy all three or sell one or two off. Accessed by private road through several gates preventing unexpected travelers dropping in. No light pollution to hinder the expansive night sky and the sun sets right over the Manzano Mountains. Come out to the enchanted Southwest and make rural New Mexico your home.
Property Details
Property Features
Listing Office:
Office Name: Hawkeye Realty
Office Phone: (505) 705-0162
Listing Agent: Patrick Todd Sledge
Lot Features
Lot Information:
Lot: Views, Wooded, Gentle Sloping, Stream/Creek
Lot Size: 198.52 Acres
Other
Directions Information:
Directions: From the intersection of Hwy 55 and Hwy 60 in Mountainair, head West on Hwy 60 for 5.8 miles. Turn South on to private road - Cottage Loop. Go through 1st gate and close behind. Stay on Cottage Loop for .7 miles and go through 2nd gate and close behind. Continue on Cottage Loop for .5 miles and turn East at the Rock pile on to Ravine Lane. Go .8 miles to the entrance gate. Google maps works if you have cell service. No access without a real estate broker.
Price Information
Listing Price Info
Price Summary:
List Price: $119,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Mountainair, NM.
This property is $391K less than the Median Sold Price in Mountainair, NM.
Based on homes sold in October 2024
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1074282
Listing Office:
Office Name: Hawkeye Realty
Office Phone: (505) 705-0162
Listing Agent: Patrick Todd Sledge
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$661
Per Month
Principal & Interest
$594
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$423
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Mountainair Elementary School
405 Broadway
Distance between this listing and this school4.48 miles
Public District Grades PK-5
5
/10
Lower Elementary School
624 8th St
Distance between this listing and this school24.25 miles
Public District Grades 1-3
5
/10
La Promesa Elementary School
898 Hwy 304
Distance between this listing and this school28.10 miles
Public District Grades PK-6
Nearby Schools
6
/10
Mountainair Jr High School
901 West 3rd St
Distance between this listing and this school4.23 miles
Public District Grades 6-8
4
/10
Upper Elementary School
624 8th St
Distance between this listing and this school24.25 miles
Public District Grades 4-6
3
/10
Estancia Middle School
Joseph Ave and 9th St
Distance between this listing and this school24.30 miles
Public District Grades 7-8
Nearby Schools
7
/10
Mountainair High School
901 West 3rd St
Distance between this listing and this school4.23 miles
Public District Grades 9-12
8
/10
Estancia High School
9th and Joseph Ave
Distance between this listing and this school24.33 miles
Public District Grades 9-12
4
/10
Valencia High School
301 Bonita Vista Blvd
Distance between this listing and this school28.25 miles
The neighbors living near this home have an average income of $35,508. Typical income of Mountainair, NM residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Ravine Ln
What is the listing price of this property?
The listing price of Ravine Ln property is $119,000.
What type of property is this?
The property Ravine Ln is land located in Mountainair, New Mexico, 87036.
Is this property for sale now?
Active Listing: Ravine Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Ravine Ln in Mountainair, NM and zip code 87036. This home sits on a 198.52 acre lot. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $119,000.
While more than 0 listings in Mountainair, NM in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. The number of homes for sale in Mountainair, NM decreased by 37.5% between September 2024 and October 2024. In October 2024, listings were on the market for 6 days. During the same period, the median list price in this real estate market was $510,000.
From Rocket Homes Real Estate and based on county public records data.