Land is located in a 100 acre gated subdivision 18 miles NE of Abq. THis 5 acre ridge lot has 360 degree views, heavily wooded w/underground utilities (phone and electric) at property line. Fantastic views of east side of Sandia Mountains. Good wells in area. 5 houses are built in subdivision at this time, max of 13 houses allowed on the 100 acres. House values range from $300K to $500K. Restrictive covenants (not too much) exist along w/homeowners assoc. & road maintenance agreement. Annual dues for these are $205.00. The land owner is an Architect/Builder - build to suit option is available. Also selling adjacent lot: 8 Concetta Ct ) for $79,900. Buy one or both - reduced price available if you buy both lots.
Listing courtesy of Coldwell Banker Legacy.
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