638 Therma Eagle Nest, NM 87718
Eagle Nest AreaEstimated payment $3,474/month
Highlights
- 7 Acre Lot
- Level Lot
- 5-minute walk to Enchanted Eagle Park
About This Lot
VIDEO TOUR - SEARCH YOUTUBE FOR - "638 E THERMA" . . . . Four parcels at the corner of Therma and Teddy Bear in Eagle Nest NM, with direct Highway 64 frontage, this is one of the most visible pieces of land in the Enchanted Circle. PREPAID SEWER AND WATER TAPS INCLUDING 2.6 ACRE FT OF COMMERCIAL WATER RIGHTS. SW LOT HAS WATER AND SEWER TO LOT (see survey). Three of the parcels are right around half an acre each, well suited for smaller commercial builds, retail, or service businesses. The fourth parcel comes in just over 5.5 acres, giving you real room to work with if you have something bigger in mind. The general commercial zoning is flexible enough to allow residential construction too, so you could build a home on one lot while developing the others. That kind of flexibility is rare. Eagle Nest Lake is about a minute away. Red River and Angel Fire are both roughly a 20-minute drive, which puts you at the center of everything the Enchanted Circle has to offer. If you have been watching this market, you already know Eagle Nest is probably the last affordable resort town in northern New Mexico, and that window is not going to stay open forever.
Property Details
Property Type
- Land
Lot Details
- 7 Acre Lot
- Property fronts a highway
- Level Lot
Utilities
- Propane
- Not Connected to Water Source
- Community Sewer or Septic
- Phone Available
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/07/2026 04/07/26 | For Sale | $540,000 | -- | -- |
Source: Enchanted Circle Association of REALTORS®
MLS Number: 114844
- 307 Therma
- 126 Tangle Leg Dr
- 575 E Lake Ave
- 625 Lake Ave
- 91 E Therma St
- 27989 U S Highway 64
- Lot 46 Soaring Eagle Dr
- tbd Hwy 64
- 688 U S 64
- 720 Highway 64
- 10 Lavie Ave
- 17 Valley View Ln
- Lot 34 Soaring Eagle Dr
- 65 Road 12
- Lot 64 Highway 38
- 20 Road 13
- 14 Road 13
- 74 Road 9
- 28289 U S Highway 64
- 28289 Hwy 64
- 25 Jackson Hole Rd Unit 241
- 228 Plaza Garcia
- 330 Paseo Del Pueblo Sur
- 612 Fernandez Rd Unit SI ID1586970P
- 635 Paseo Del Pueblo Sur
- 750 Gusdorf Rd
- 623 Zuni St Unit D
- 1200 Camino de La Cruz
- 120 Herdner Rd
- 250 Paseo Del Canon E
- 49 A Spanish Peaks Rd
- 2 El Tros Rd Unit E
- 2 El Tros Rd Unit W
- 70 Camino de Los Arroyos
Ask me questions while you tour the home.