5 months on rocket

Overlook Dr, Placitas, NM, 87043

$275,000

29.37 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #1044560
Lot Size29.37 Acres
StatusActive

About Overlook Dr

AMAZING INVESTMENT OPPORTUNITY: 10 lot subdivision spanning over 29.3+ acres in The Overlook, a premier Placitas subdivision. Property has commanding views of the Sandia Mountains, Santa Fe, Jemez, Cabazon and the Rio Grande Valley. Property is on a mountain-top at the end of Overlook Drive with a jeep road cut to the lots. Lots include water membership with The Overlook Water Coop ($5,000 per lot hookup fee paid at time you hook up to water). Utilities are run to the last house before the jeep trail. Homes in The Overlook have sold from $500k up to $1.91M. Priced to sell at only $9,300 per acre!

Property Details

Property Features

Listing Office:

  • Office Name: Platinum Properties & Invst.
  • Office Phone: (505) 332-1133
  • Listing Agent: Mark J Puckett

Lot Features

Lot Information:

  • Lot: Views, Gentle Sloping, Sloped
  • Lot Size: 29.37 Acres

School Info

Assigned Schools Information:

  • Bernalillo High School, Public District Grades 9-12
  • Bernalillo Middle School, Public District Grades 6-8
  • Placitas Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: I-25 to Placitas exit. East on Hwy 165 (5 miles), left on Overlook Drive and follow to the end of the paved road. Overlook turns to gravel and turns in to a jeep trail to the properties.

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000

HOA Fees:

  • Amount: $150
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Placitas, NM.

Med. Sold Price

$678K

Med. Price/SqFt

$271

Avg. Days On Market

49

# of Sold Homes

12

Overlook Dr vs Placitas

169 DAYS ON ROCKET

+120 Days

$275,000

-$403K Less

KEY TAKEAWAY

This property is $403K less than the Median Sold Price in Placitas, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1044560

Listing Office:

  • Office Name: Platinum Properties & Invst.
  • Office Phone: (505) 332-1133
  • Listing Agent: Mark J Puckett

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 8:25:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,452

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1101585
8
/10
  • Placitas Elementary School

  • 5 Calle Del Carbon

  • 1.24 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1101586
3
/10
  • Bernalillo Middle School

  • 485 Camino Don Tomas

  • 5.85 miles

  • Public District Grades 6-8

High School

school-card-donut-1101587
2
/10
  • Bernalillo High School

  • 250 Isidora Sanchez

  • 5.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,956. Residents of Placitas, NM typically earn between $35k-100k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Overlook Dr

What is the listing price of this property?

The listing price of Overlook Dr property is $275,000.

What type of property is this?

The property Overlook Dr is land located in Placitas, New Mexico, 87043.

Is this property for sale now?

Active Listing: Overlook Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for Overlook Dr are:
Placitas Elementary School: GreatSchools Rating 8/10
Bernalillo Middle School: GreatSchools Rating 3/10
Bernalillo High School: GreatSchools Rating 2/10

How much acreage is this property?

The property Overlook Dr is 29.37 acres.
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Rocket HomesNew MexicoSandoval CountyPlacitas87043Overlook Dr

This home is located at Overlook Dr in Placitas, NM and zip code 87043. This home sits on a 29.37 acre lot. It has been listed on Rocket Homes since November 10, 2023 and is currently priced at $275,000.

Placitas, NM housing market in March 2024 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 9 sold below. The number of listings in Placitas, NM decreased by 12.8% between February 2024 and March 2024. In March 2024 median list price was $678,000 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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