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Recreational & Residential Land for Sale in Placitas, New Mexico

S 31 T: 13N R: 5E Dr, Placitas, NM 87043

$950,000
24.8 acres
Active sale
$50k drop
Est $6,454/mo

Discover a rare opportunity to own all eight beautiful homesites in the highly sought-after community of Placitas. These spacious lots provide the perfect setting to create a custom dream home or invest in a unique land offering surrounded by breathtaking mountain vistas, unforgettable sunsets, and sparkling city lights after dark. Enjoy the tranquility, privacy, and natural beauty that make Placitas one of New Mexico's most desirable places to live, with convenient access to hiking, outdoor recreation, Albuquerque, and Santa Fe. This exceptional package offers endless potential in an extraordinary setting. Don't miss this rare chance to own in Placitas.

Location

Street address
S 31 T: 13N R: 5E Dr
Zip code
87043
Community
The Overlook
Elevation
5,891 feet
Coordinates
35.3157, -106.4562

Directions

Take I-25 North toward Santa FeExit at Exit 242 (Placitas / NM-165)Turn right onto NM-165 (Placitas exit)Follow NM-165 into Placitas (you'll pass through the village area)Continue on NM-165 as it winds east toward the foothillsTurn right onto Overlook DrFollow Overlook Dr up into the hillsContinue until you reach 160 Overlook Dr (the pin location--likely on a hillside lot with surrounding homes spaced out)

Property details

Acreage
24.83 acres
Zoning
R-1
MLS #
SWMLS 1102209
Posted

Property taxes

Recent
$116

Parcels

  • 1025073124410

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Lot

Features
Views

Listing history

DateEventPriceChangeSource
June 30, 2026Price drop$950,000$50,000 -5%SWMLS
Apr 23, 2026New listing$1,000,000SWMLS
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This 24.83-acre property is located at S 31 T: 13N R: 5E Dr in Placitas, NM 87043. The land is available for sale, priced at $950,000 — $38,260 per acre.

Listed by Keller Williams Realty, (505) 271-8200

Checked 1 hour agoUpdated Source

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