$480,000

Located in the gated community of the Los Cerros Subdivision on Double Arrow Road off of the Old Santa Fe Trail. 10.03 acres of breathtaking views of the Sangre de Cristo mountains. Atalaya peak is a nice 90 minute hike directly from the property. This lot is ready to go with electrical utilities with a PNM transformer located on the property. A private well will be required. During the past four years, 4 private wells have been installed by other lot owners. The property has a few flat building envelopes to choose from right at the paved road but, of course, it is possible to venture into the property and construct a home with added privacy. The land is populated with Pinon, Ponderosa Pine, Scrub Oak and a variety of cactus. One of the most beautiful locations just 6 miles to town. Double Arrow Road comprises a high-end community. The subdivision, where the property is located, is comprised of nine lots with five high-end homes currently built. Some of the homes have been here since the 1980s. The road is paved leading to the property and it is maintained by the Los Cerros HOA. There will be a road maintenance agreement to sign with the HOA although the property is not part of the HOA. Annual contribution to the HOA will be approximately $500. Check the location and neighborhood on Google Maps. The land high in the Sangre de Cristo foothills, located just off the Old Santa Fe Trail, yet it is only 12 minutes from the Plaza in the center of Santa Fe. By just stepping out your future front door, you can hike or mountain bike the Ponderosa Ridge to Hidden Valley Road down to Wilderness Gate Road and right into town via Canyon Road. Atalaya Mountain trails are also accessible from the property. If you are lucky, you may spot coyotes, mule deer, and a variety of songbirds and birds of prey while you are out exploring.