Upscale Residential Lot, Mountain Views

Tierra Grande is an exciting subdivision-in-progress conveniently located along Highway 47 southeast of Belen, New Mexico. Properties in the subdivision are for single family residences only, with a minimum lot size of 5 acres.

This property is Lot 11, Block 17 in Unit 22 of the Tierra Grande Subdivision. It is a huge 11.71 acres, conveniently close to Highway 47 yet with gorgeous views of the Manzano Mountains.

What makes Tierra Grande so attractive isn't just its location in an area of possible expansion. It is the nature of the subdivision itself. There is a HOA with modest annual fees(only $45 per year), protecting property values and working toward the development of the subdivision. A big part of what they do is preserving the beauty of the area. Modular homes, premanufactured homes, mobile homes, and commercial operations are not allowed.

All land owners in Tierra Gr...

All land owners in Tierra Grande are dues paying members of the Tierra Grande Improvement Association. A unique benefit of membership is joint ownership of the Tierra Grande Open Space. This is an incredible land conservancy containing over 14,000 acres of pristine mountain land. Much of that acreage borders on the majestic Manzano Mountains part of the Cibola National Forest.

The Rio Grande River Valley holds the bulk of central New Mexico's population. Interstate 25 runs through this valley, and the mountains on the valley sides are not buildable. Earlier expansion went north of Albuquerque, but now that area is so congested that expansion south is the logical next step. Kirtland Air Force Base and the Isleta Indian Reservation mean that the land off of the Los Lunas and Belen I-25 exits are likely expansion targets.

Elevation of over 5,000 feet makes for near perfect weather year round. The summer highs are in the 80's & 90's with the winter highs in the 50's. There are about 350 sunny days per year making this area the sunniest in the country. All of these sunny days make this a fantastic area to use solar power instead of grid electricity. At least two of the newest homes currently being built in Tierra Grande are going completely off grid with solar.

This property is in Unit 22 on the east side of Highway 47, an area with scattered homes and electric available. Power is not to this lot yet. Cell phones are normal. At this time water would be by haulage or by well, if you want to contact a driller and explore that option. Sewage would be by septic - if and when you build.

Whether you are looking to buy this property as an investment, or whether you are looking for your own building site with beautiful mountain views, you should take a close look at Tierra Grande.

FINANCING AVAILABLE

PRICE: $19,975 + $195 Document Fee. Start payments now with a $294 down-payment. $195 covers the document fee and $99 will be subtracted from the full purchase price. The $19,876 balance can be paid at 0% interest if paid in 12 equal monthly scheduled payments of $1656.33 per month. You can also choose one of several other financing options at 9% interest and take up to 15 years with payments as low as $201.60 per month.

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