Michael Aragon - Coldwell Banker Legacy
2 Tierra Bendita
Santa Fe, NM 87506

Description

Three free standing homes on a quiet, private, rural lot in the Jacona countryside. Live in one home and rent the others to pay your mortgage! This verdant lot has mature trees, fruit trees, water rights from the ditch, a well, and acreage that stretches all the way down to the Pojoaque River bank. Each unit is rented month to month and has a history of low vacancy. Each house has been well maintained over the years. The homes feature pitched roofs and several of the units have been updated and expanded recently. Includes a separate private workshop/studio with high ceilings. This location is convenient to Los Alamos, Espanola, and Santa Fe and is accessed entirely on paved roads. Great property for a compound, investment, farming, horses, and anyone who loves the peace and quiet of the mid Rio Grande Valley. Pojoaque Basin Regional Water System will be extended to this property by 2022. Current net operating income from the 3 units is $28,000/year.With the hiring spree at Los Alamos Labs, this will continue to be a good investment for years to come. The adjacent 1.62 AC lot is also available for sale separately by the same owner.

Details

MLS#201704267
StyleHouse
Sub-TypeResale
StatusActive
Days On Site384

Features

Bed(s)6
Bath(s) 4 Full
SQ Feet4,594
Garage3
Car PortYes
Story(s)1 Story
Water FrontYes

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Area Information

StateNM
CountySanta Fe
CitySanta Fe
Zip Code87506
Area16-Pojoaque Valley
Elementary SchoolPojoaque
Middle SchoolPojoaque Jr High
High SchoolPojoaque High School
Listing VS Median (in 87506)
Price:
$495,000
low | high
Med:
$350,000
79.292929292929% of Average
SqFt:
4,594
low | high
Med:
0
100% of Average
$ / SqFt:
$108
low | high
Med:
$0
100% of Average
On Site:
384
low | high
Med:
511
75.146771037182% of Average
Listing Updated: 09/19/2018
MLS Number: 201704267
Listing Provided By:
Tai Bixby Associates  of  Keller Williams