166 Magnolia Rd, Las Vegas, NM 87701 - San Miguel County

For more information on this and our other $1 down properties, check out our listing page at gokcecapital. com/listings.

Questions? Come join my YouTube livestream every Sunday at 6pm EST (search for Gokce Capital on YouTube).

For a limited time, we are giving away a Complimentary Vacation Voucher as part of your purchase. Contact us for more details.

CASH DISCOUNT PRICE: $4,499 + $395 DOC FEE

We accept cash payment via ACH Transfer, Wire Transfer or Zelle.

SELLER FINANCING AVAILABLE

$1 down + $299 doc fee and $299/month for 23 months.

0% APR. No prepayment penalty. No credit check.

For a limited time, we are offering 20% off the total financing price if you pay off the loan in the first 6 months.

HOLD PRICE: $25

For $25 we can hold the property for you for 2 days while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price. You can also hold the property up to 8 days.

OUR GUARANTEE

30 Day Money Back Guarantee (excluding any fees, such as doc fees, taxes, etc) as long as the property is returned in its original condition

FREE BONUSES

Complimentary Vacation Voucher valid for a 3-night stay in one of over 50 global locations ($1000 value)

Free Post-Closing Checklist ($100 value)

Free 30 Minute Architectural Consultation (If you plan to build) ($225 value)

PROPERTY DESCRIPTION

This plot is part of the existing Rancho Lake Conchas subdivision, near Conchas Lake. The subdivision is accessible from County Route 129 and 104, and the property itself is accessible via a dirt road.

The lot is about 30 minutes to Conchas Lake, 2 hours and 10 minutes to Santa Fe and 2 hours and 40 minutes to Albuquerque.

The area is zoned A1 (agricultural residential), which allows for agricultural uses and single-family homes, including mobile homes. According to our research, the county does not have restrictions on RV use, but please give the county a call to confirm this.

LOCATION

According to the US Army Corps of Engineers, 'Conchas Lake provides excellent fishing. The lake is stocked with bluegill, channel catfish, crappie, large mouth bass, and walleye and is open all year to fishing.

The Conchas project office offers a free group shelter in the Day Use Area that includes the following: picnic tables, BBQ, two horseshoe pits, six-hole disc-golf course and a volleyball court.'

LOT DETAILS

Assessor's Parcel Number R0281145

Legal Description SUBD: RANCHO LAKE CONCHAS LOT: 16 BLOCK: 5 UNIT: 3 TRACT: 16

Elevation 4420

GPS Center Coordinates (Approx.) 35.3107, -104.3893

GPS Boundary Coordinates (Approx.) 35.3115,-104.3884; 35.3114,-104.3886; 35.3112,-104.3890; 35.3111,-104.3893; 35.3110,-104.3896; 35.3109,-104.3899; 35.3109,-104.3901; 35.3108,-104.3906; 35.3108,-104.3911; 35.3103,-104.3911; 35.3102,-104.3889; 35.3102,-104.3874; 35.3115,-104.3884;

Annual Taxes ~$5.74

Zoning A1 (agricultural residential)

Time Limit To Build None as far as we are aware

Access Dirt Road

Power Electricity would likely have to be solar or another alternative system.

Water A well would need to be installed.

Sewer A septic system would need to be installed. Please note that a perc test has not been done.

Official Contacts Please contact San Miguel County

RVs Allowed? We recommend that you contact San Miguel County to confirm, but, according to our research, RVs are not allowed.

Buildable? Because we do not know the specifics of what you may want to build on the property, we recommend that you contact the building and/or zoning department(s) for more information on the relevant zoning and building regulations and how to obtain a building permit.

Survey Available? No, we have not had a survey commissioned, but if you would like to pay for a survey we would be happy to work with your chosen surveyor.

In HOA? No HOA

Annual HOA Dues ~$0.00