Improved Land for Sale in Los Lunas, New Mexico
94 High Mesa Rd Los Lunas, NM 87031
Property has potential for Commercial Cannabis with a 7% to 11% Cap Rate! This one-of-a-kind Ranch Style Home on nearly 10 AC (with a private well) provides elevated rustic charm, with a breathtaking atrium that brings lots of natural light and tranquility into the home. Unwind in the spacious primary bedroom with a floor to ceiling fireplace. The elegant ensuite bathroom has been updated to feature a large tub and a stand-alone shower. The carefully crafted kitchen with double sinks, marble tile countertops, and a serving hatch opening on either side makes it ideal for entertaining guests. Tucked away near the spacious living area are 2 beds / 1 bath. The 3rd bedroom can double as a mother-in-law suite. The large barn/workshop is great for storage or commercial use. Horses are welcome!
Directions
Take I-25 South and head toward Las Cruces. In 10.7 mi At Exit 215, head on the ramp right and follow signs for NM-47. In 0.2 mi Keep left, heading toward Isleta Pueblo. In 11.2 mi Turn left onto NM-47 / State Highway 47. Turn left onto NM-263 / El Cerro Loop. In 1.5 mi Continue on Meadow Lake Rd. In 4.1 mi Turn left onto Turner Dr (Unpaved Road). In 0.4 mi Turn right onto High Mesa Rd. In 0.2 mi property will be on the right, when driving down the paved driveway bear left at the fork.
Location
- Street Address
- 94 High Mesa Rd
- County
- Valencia County
- Elevation
- 5,184 feet
Property details
- Zoning
- R-1, 2, 3, 4, 5, 6
- MLS Number
- SFAR 202403792
- Date Posted
Property taxes
- 2023
- $741
Parcels
- 1 017 038 109 232 000000
Legal description
SUBD: MESA ESTATES LOT: E1/2 LOT 2 BLOCK: 8 9.96 ACRES
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Structure
- Style
- Ranch
- Materials
- Frame, Stucco
- Cooling
- Evaporative
- Heating
- Fireplace, Stove
Exterior
- Parking Spots
- 6
- Parking
- Garage
Interior
- Rooms
- Bathroom x 2, Bedroom x 3, Kitchen, Living Room
- Floors
- Brick, Tile, Wood
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Features
- No Interior Steps
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 9, 2024 | Price drop | $525,000 | $75,000 -12.5% | SFAR |
Sept 8, 2024 | New listing | $600,000 | — | SFAR |