$540,000

Estimated payment $3,474/month

Total Views 6,224
7 Acres
$77,143 Price per Acre
304,920 Sq Ft Lot

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.

Listing Agent

Robert Swan

Swan Realty Listed on: 04/07/2026

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

Property Details

Property Type

Land

Lot Details

7 Acres

Listing Details

  • Property Sub Type: Improved Land
  • Prop. Type: Land
  • LotFeatures: 5-10 Acres, Flat
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Special Features: None

Exterior Features

  • Acres: 7.0

Utilities

  • Utilities: Electricity Available, Propane, Phone Available
  • Sewer: Community/Coop Sewer
  • Water Source: Not Connected (nearby)

Lot Info

  • Topography: Level,CanyonValley
  • ResoLotSizeUnits: Acres
  • Zoning Description: General Commerc

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
04/07/2026 04/07/26 For Sale $540,000 -- --
Source: Enchanted Circle Association of REALTORS®

Source: Enchanted Circle Association of REALTORS®

MLS Number: 114844

Enchanted Circle Association of REALTORS®
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