$22,500
$5K PRICE DROP

37 Grace Ln Cedar Grove, NM 87056

Estimated payment $142/month

Total Views 404
5 Acres
$4,500 Price per Acre
217,800 Sq Ft Lot

About This Lot

Located just outside Stanley, this 5-acre parcel offers privacy, expansive mountain views, and exceptional flexibility with no HOA. Whether you're planning a custom home, manufactured home, or investment property, this level parcel provides an outstanding opportunity. Existing improvements include a storage shed and greenhouse. Enjoy panoramic views of the Sandia Mountains, South Mountain, and the San Pedro Mountains while remaining just 15 minutes from Edgewood and approximately 45 minutes from Albuquerque. Buyer should verify availability of utilities, well and septic requirements, zoning, and all intended uses.

Listing Agent

Michael Jefferson

Realty One of New Mexico License #REC20240408 Listed on: 07/17/2026

Realty One of New Mexico

Co-Listing Agent

Mark Omlor

Realty One of New Mexico License #16023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $216

Lot Details

  • 5 Acre Lot
  • Level Lot
  • Zoning described as RR-1

Schools

  • South Mountain Elementary School
  • Edgewood Middle School
  • Moriarty High School

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available
  • Phone Not Available

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 2C3
  • Assessor Parcel Number 098700954

Community Details

Overview

  • Not In A Recorded Subdivision

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$216

Lot Details

5 Acres

Listing Details

  • Property Type: Land
  • Directions: From I-40 Exit 187,north on NM-344, east on NM-472, left on Grace Lane to property
  • Lot Size Acres: 5.0
  • Co List Office Mls Id: RONM05
  • Co List Office Phone: (505) 883-9400
  • Subdivision Name: Not In a Recorded Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Lot Features: Views, Acreage
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Other Structures: Outbuilding

Utilities

  • Utilities: Electricity Not Available, Natural Gas Not Available, Phone Not Available, Sewer Not Available, Water Not Available
  • Water Source: None
  • Sewer: None

Schools

  • Elementary School: South Mountain
  • High School: Moriarty
  • Middle Or Junior School: Edgewood

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential, Single Family, Unimproved
  • Lot Size Sq Ft: 217800.0
  • Parcel #: 098700954
  • Zoning Description: RR-1

Tax Info

  • Tax Annual Amount: 215.81
  • Tax Block: N/A
  • Tax Lot: 2C3
  • Tax Tract: N/A

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $216 $24,000 $24,000
2024 $152 $16,900 $16,900
2023 $195 $21,900 $21,900 $0
2022 $197 $21,900 $21,900 $0
2021 $180 $6,666 $6,666 $0
2020 $180 $6,666 $6,666 $0
2019 $180 $6,666 $6,666 $0
2018 $180 $6,666 $6,666 $0
2017 $180 $6,666 $6,666 $0
2016 $181 $6,667 $6,667 $0
2015 $183 $6,667 $6,667 $0
2014 $184 $6,660 $6,660 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/06/2026 08/06/26 Price Changed $22,500 -18.2% --
07/17/2026 07/17/26 For Sale $27,500 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- First American Title Ins Co
Source: Public Records

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1107379

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 098700954

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