1.51 acres in Valencia County, NM

A little piece of country, just an itty-bitty way to the city! Owners are willing to accept $80k down payment and carry a 30-year fixed note, no prepayment penalty, 5% interest APR. Owners are in the horse business and are selling a small piece of their pristine ranch. This is 1.5 acres of developable land on El Cerro Loop, on the edge of the Middle Rio Grande Valley, a short distance to Los Lunas, fine dining, restaurants, shopping, and entertainment. Potential uses for this land include: 1-family unit, custom / modular home permitted with additional residences for 1st-time buyer, vacation home, or rental; Agricultural, such as alfalfa or chili; Ranching, including horse arena and boarding facility. Amazing price with owner carry! Featured video: