LAND - Placitas, NM

CONVENIENT 1.22 ACRES! $69,000. Affordable lot in western Placitas! Private & peaceful setting located just 3 miles (6 minutes) from I-25. Rare lot with no covenants & no HOA. Zoning has 1008 sq ft minimum house size, 28 foot maximum height & requires (at least) a 2 car garage; pitched metal or tile roofs allowed, as well as pueblo style. Views of mesas & mountains. The beginning of a building site has already been cleared. There is a small park-like setting that has been created as a getaway near the arroyo by the NE corner of the lot. Very good area for water wells: nearby wells are 530'-590' deep, estimated at 20-30 gallons per minute. Electricity is about 150 feet away. Bank financing is available, but owner will also consider financing with 25% down.

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