US Highway 70, Ruidoso Downs, NM 88346 (MLS# 1035944)

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US Highway 70, Ruidoso Downs, NM 88346

$2,900,000
Property Type: Land Lot Size (sq. ft.): 5,662,800 Status: Active
Current Price: $2,900,000 List Date: 6/09/2023 Last Modified: 4/30/2024

Description

A prime location property ready for an upscale mountain home or a small development of secluded and exclusive executive retreats. The 130 acre Mira Loma Ranch is located directly across from Ruidoso Downs Race Track. A Mapright Map is attached showing the location, very approximate boundaries, and some features. It is about 10 minutes from downtown Ruidoso and yet embodies what New Mexico rural mountain life can be. Abounding in peace and quiet, but close to outdoor recreation, skiing, horse racing, and the culture of Southern New Mexico, Ruidoso, and the Sacramento Mountains. Plat consists of 7 sub-divided adjacent parcels. Prop. Tax estimate not available. Also listed under Farm/Ranch listing 1033586. Contact Broker for Water Rights information.

More Information MLS# 1035944

Contract Information

Listing Price: 2900000 Current Price: $2,900,000 List Price/Acre: 22307.69 List Price/Lot SqFt: 0.51 Status: Active Bank Owned: No

Location

Street Name: US Highway 70 County: Lincoln City/Town Code: Ruidoso Downs State/Province: NM Zip Code: 88346 Geo Lat: 33.325758 Geo Lon: -105.604973 Area: 500 - Lincoln Zone Atlas: NOZA

General Property Description

# of Lots: 7 Acres: 130 Lot SqFt: 5662800 Lot Size Source: Survey Apx Lot Dim Front: 1307 Apx Lot Dim Side: 2623 Addl Lot Dim: See survey Flood Zone: No Flood Map Package Deal: No

Tax & Legal Info

UPC Code: 4076065151315000000 PID: No SAD: No Current Taxes: 7755 GRT Code: 26-501 Tax Exemption: No

Legal Description Details

Short Legal Desc: Tracts 2A, 5,, A, B, C, D, and Lot26 on replat of Tract 2 and Tract 6 in Cabinet I, Lide No. 103 Tract: N/A Unit: N/A Block: N/A Lot: Fee Simple Subdivision: N/A Section: 29 Township: 11S Range: 14E

Remarks & Misc

Directions: Contact broker for directions. Property is located directly across US Highway 70 from Ruidoso Downs Race Track.

Utility Impact Fee

Utility Impact Fee: Unknown

Sales Info

Seller Assist Ofrd: No Trade/Xch Considered: No

Association Details

Association: No

Property Features

Distance to Water: On Property Dist to Electrical: On Property Distance to Sewer: None Distance to Phone: 0 - 1/4 Mile Distance to Gas: None Distance to Cable: None Existing Survey: Staked Boundary Srvy Possession: Day of Funding Type: Acreage; Recreational Acc. To Prop Line: Gravel Road; Paved Road; Private Road Topography: Other - See Remarks Property Access: Gravel Road; N Property Line Features: Heavily Wooded; Meadow; Partial Fencing; Views Utilities: Electricity Available; Phone Available; Phone Available; See Remarks; Water Available Restrictive Covenant: None Docs/Data Available: Aerial Map; Development Plans; Plat Map; Survey Timber/Mineral Right: All Owned Tmbr Incl; No Mineral Rights Wastewater: None Water Source: Private Well Irrigation Source: Ditch; Other - See Remarks Finance Considered: Cash; Conventional Zoning: R-1
Listing Office: Republic Ranches, LLC
Last Updated: April - 30 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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