1 Acre of Residential Land for Sale in Los Lunas, New Mexico

This 1-acre property consisting of four 0.25-acre lots in Rio Del Oro Subdivision, Valencia County, New Mexico provides development potential with flexible zoning and minimal holding costs at 5,012 feet elevation.

Owner financing available.

The property features Planned Development District zoning that permits tiny homes with minimum 800 square feet, mobile homes minimum 840 square feet from 1975 or newer, and modular homes. Access is via two-track road with off-road vehicle recommended for optimal navigation. Well and septic systems are required as no utilities currently service the area, though buyers should contact electric and gas providers to confirm availability and connection costs. The level desert terrain sits outside flood zones with no elevation challenges for development.

Annual taxes total approximately $18.24 per year for all four lots combined. The Valencia Improvement Association dissolved in 2023, though existing covenants remain in effect. No timeline exists for construction, allowing flexible development planning. The property falls within Belen Consolidated Schools district and permits short-term rentals with proper permitting.

Located 6 minutes from Las Maravillas and 20 minutes from Los Lunas shopping and services, the property provides rural privacy with reasonable access to amenities. Nearby attractions include Tome Hill Park at 7 minutes and Harvey House Museum in Belen at 14 minutes. The area offers proximity to Albuquerque while maintaining low-cost land ownership opportunities. This four-lot portfolio works for off-grid living, recreational use, homestead development, or long-term investment with its combination of flexible zoning, minimal taxes, and multiple development options.