Hillside Lot with Power

Land Description

Cash Price: $15,000

Terms Offered: 20% Down Payment of $3,000, 9.9% Interest Rate, $350 Monthly Payment, 40 Month Term

Location & Size

The subject property is a.15 acre lot (15% of 1 acre) located in Skyridge Drive Estates, a rustic and secluded community found just south of Cloudcroft and tucked away outside the town of Weed.

Nestled between the canyons and hillsides of the surrounding Sacramento Mountains, this subdivision backs up to the over one million acres that make up the Lincoln National Forest.

County, State: Otero County, New Mexico

Lot Size: 0.15 Acres

Nearest Town: Sacramento

Street Address: Not Designated

Zip Code: 88347

Latitude & Longitude:

Center: 32.77670,-105.62510

Nw: 32.77690,-105.62520

Ne: 32.77680,-105.62490

Sw: 32.77670,-105.62530

Se: 32.77660,-105.62490

Legal Information

Legal Description: Skyridge Drive Estates, Lot 27

Parcel Number: 11O009

Account Number: R048954

Annual Taxes: $14.00

Access & Utilities

Roads & Access: The subject property is located along Balsam Drive. Like the rest of this small subdivision, Balsam is a dirt road in decent enough condition for most vehicles. That said, given the hillside location of the property as well as the weather common to this region, anyone scouting the land is advised to take a larger truck or off-road capable vehicle.

Power & Utilities: Residential power and underground telecom lines can be found running along Balsam Drive including at the lot line of the subject property as well as servicing a number of nearby developed home sites. Because of this, it should be both easy and affordable to get power connected on this parcel. Anyone looking to investigate the costs associated with getting service to the subject property is encouraged to contact the Otero County Electric Cooperative, the local utility servicing this region.

Wells & Water Table Depth: While there are some makeshift signs throughout Skyridge Drive Estates indicating a shared or community well, there's little additional evidence to support this or indicate how one might gain access to it if such a thing even exists. Because of this, anyone looking to develop the property should plan to either drill their own well or use holding tanks to transport and store water.

Wells & Water Table Depth, Cont'd: It should be noted that given the size of the subject property, drilling a well may not be feasible as state environmental regulations will usually require more land. While some homeowners in the region appear to have a well on their property, it's reasonable to conclude such a thing was permitted because they own larger collections of adjacent lots. That said, there are also a number of homeowners here who appear to be using holding tanks to supply their property with water (see photos in the gallery at the bottom of this page). Anyone planning to develop the subject property should consider this the most likely method for bringing water to the land.

Legal Access: Yes

Access Road: Balsam Drive

Access Condition: Dirt Roads

Access Frontage: 66 Feet Western Boundary

Power: At The Lot Line

Phone: Underground Utilities

Water: By Holding Tanks or Well

Sewer: By Septic

Zoning & Restrictions

Zoning: Otero is one of a handful of New Mexico Counties which have no formal County-wide zoning ordinance and defer instead to towns and municipalities within their borders to make their own rules. As this property is located in "Unincorporated" Otero County that means it is outside the jurisdiction of even the most "small government" town. This means that aside from state-wide regulations such as building codes or environmental ordinances, there are no governmental restrictions about how the land may be used or developed.

No Hoa: The Skyridge Drive Estates subdivision is not part of an HOA and there are no annual dues associated with land ownership here.

Covenants, Conditions & Restrictions: Skyridge Drive Estates also features no recorded covenants on file with the County enumerating any subdivisions restrictions.

Editor's Note: Given the lack of formal zoning in this region combined with the absence of any sort of recorded covenants and restrictions document, it suggests that land here can be developed in a number of ways. Additionally, surveying the homesites within the subdivision reveals a variety of styles, structures and building materials - some even of notably small square footage. This suggests that as long as structures are created per state building codes, they should be acceptable here. See photos in the gallery at the bottom of this page for further reference.

Zoning: No Formal Zoning Designation

HOA: Yes - Cloud Country West Poa

Covenants, Conditions & Restrictions: Yes

Annual Dues: None

Time Limit On Building: 12 Months From Ground-Breaking

Misc.

Topography: The subject property is a hillside lot featuring a roughly twenty-five-foot difference between its highest elevation along Balsam Drive and its lowest elevation along the eastern boundary.

Boundary Markers: It should be noted that boundary stakes mark the four corners of this property. The presence of such markers should eliminate the need for a new survey as well as the cost.

National Forest: Perfect for hunters and outdoor enthusiasts alike, the subject property is located in the heart of the Lincoln National Forest. This means that you'll have easy access to the many trails, campgrounds, picnic areas and natural springs that surround this region.

Title Info

Title: Free & Clear

Liens and Encumbrances: None

Mineral Rights: None

Recent Survey: None

Title Insurance: Yes - Insured Through New Mexico Land & Title

Conveyance Document: Warranty Deed

Suggested Type Of Closing: Title/Escrow

Doc Prep Fee: Waived

Nearby Towns

Cloudcroft: 30 miles (53 min)

Alamogordo: 49 miles (1 hr 20 min)

Ruidoso: 69 miles (1 hr 44 min)

Las Cruces: 117 miles (2 hr 25 min)

El Paso, TX: 138 miles (2 hr 48 min)

Deming: 182 miles (3 hr 16 min)

Albuquerque: 252 miles (4 hr 24 min)

Nearby Attractions:

Lincoln National Forest

Ski Cloudcroft

Ski Apache

Ruidoso Downs Racetrack & Casino

Ruidoso Winter Park

Explore Las Cruces

White Sands National Park

Spaceport America

NM Museum Of Space History

Organ Mountains & Desert Peak National Monument