
Land for Sale in San Luis, Colorado
123 Valley Dr, San Luis, CO 81152
FOUR SURVEYED TRACTS, SOLD AS ONE 154.18-ACRE BLOCK — $109,000 CASH - SELLER FINANCING AVAILABLE!
This is not one raw parcel. It is four separately surveyed tracts of 38.5± acres each, sold together as a 154.18-acre block on the west side of State Highway 159. The survey is done, the corners are marked, and every tract stands on its own — hold all four, or sell one and keep three.
BUILD-READY: Electricity is on poles directly across the road. Wells in the area have hit water near 140 feet with yields around 25 GPM. Each tract clears Colorado's 35-acre threshold for a residential exempt well permit, subject to Division of Water Resources approval. Level ground, suitable for grazing, horses allowed. No HOA. No covenants. Taxes about $250/yr per tract.
LOCATION: Direct legal access off a county-maintained road, with Highway 159 at the western boundary — you are on the highway in under a minute. Minutes to San Luis, Colorado's oldest town. Sanchez Reservoir 20 minutes. Taos under an hour south for skiing and dining. Sangre de Cristo, San Juan and Spanish Peaks on the horizon. Wild Horse Mesa borders to the north, where mustangs still run.
TERMS — WE ARE MOTIVATED AND WOULD RATHER CLOSE THAN WAIT:
- $109,000 CASH — that is $707 an acre, below what we ask per acre on the single tracts.
- $125,000 WITH SELLER FINANCING — $20,000 minimum down. Pay it off inside 6 months and we charge ZERO interest.
- LONGER TERM — monthly payment with a balloon at 24, 36 or 48 months. No bank, no appraisal.
Bring us a number. We will structure around what you can actually do.
Seller is a licensed Colorado real estate broker and holds an ownership interest in Naturalia Construction (naturaliaconstruction.com), which can quote well, septic and utility work. Buyer to verify all information.
Call or text and we will send the survey and a written terms sheet the same day.
- Listed by Gamal Jadue Zalaquett, (732) 239-3758, LoKation Real Estate
Location
- Street address
- 123 Valley Dr
- County
- Costilla County
- Zip code
- 81152
- Community
- Beit Jala 5
- School district
- Centennial R-1
- Elevation
- 7,754 feet
Property details
- Acreage
- 160 acres
- Zoning
- Residential
- MLS #
- REcolorado 2827664
- Posted
Property taxes
- 2023
- $280
Parcels
- 30006790
Legal description
160 acres-LOCATED IN A PORTION OF THE SE1/4 OF SECTION 14, TOWNSHIP 2 NORTH, RANGE 73 WEST, 6TH P.M., COSTILLA ESTATES SO-CALLED, COSTILLA COUNTY, COLORADO
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Current Use
- Residential, Vacant
- Possible Use
- Agricultural, Commercial, Hunting, Livestock, Multi-Family
- Ownership
- Corporation/Trust
- Terms
- Cash, Private Financing Available, USDA Loan, VA Loan
- Exclusions
- N/A
- Possession
- Immediate
Location
- Incorporated
- Yes
Lot
- Road Surface
- Dirt, Paved
- Road Responsibility
- Public Maintained Road
- Survey
- Boundaries Surveyed
- Features
- Corner Lot
Exterior
- Fencing
- None
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 30, 2026 | New listing | $109,000 | — | REcolorado |
| May 20, 2026 | Listing removed | $98,000 | — | Listing agent |
| Apr 19, 2026 | New listing | $98,000 | — | REcolorado |


































