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502 Excalibur Rd - 84 ACRES WITH INCREDIBLE VIEWS 84 Acres of Residential Land Offered at $2,405,000 in Ruidoso, NM 88345

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INVESTMENT HIGHLIGHTS

  • Views Views and more Views
  • Excellent Real Estate market in Ruidoso
  • Easy access

EXECUTIVE SUMMARY

84 acres of approved, platted and developed residential property with paved roads and in-place municipal utilities – water, sewer, electric, telephone, cable TV and fire hydrants. Roads, water, sewer and fire control systems are dedicated to, and maintained by, the Village of Ruidoso, New Mexico.
With SPECTACULAR VIEWS of the Sacramento Mountains, Lincoln National Forest and several pristine alpine lakes, the property is ideally perched atop a coniferous mountain within minutes of downtown Ruidoso. The town below literally wraps around the property. Ruidoso is the crown jewel of Lincoln County, New Mexico & is home to Ski Apache, called “best ski area in New Mexico”, Ruidoso Downs racetrack and casino, the ($200MM+) Inn of the Mountain Gods, Billy the Kidd Casino, the $22 million Spenser Theater of the Performing Arts and Hubbard Museum of the American West. Hideout of Billy the Kidd and birthplace of Smokey the Bear, Lincoln County is steeped in the rich history of the American West. With its mild, 4-season climate, wealth of outdoor and other recreational activities, the resort area will continue to experience explosive growth and demand.
SEWER, WATER, ELECTRIC, GAS, PAVED ROADS – ALL MAINTAINED BY THE VILLAGE OF RUIDOSO.
With over 600 linear feet on Excalibur this property is primed for development now because of Ruidoso's rising popularity with tourists and retirees.

PROPERTY FACTS

Price $2,405,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 84.00 AC
Zoning R-1 - Residential

1 LOT AVAILABLE

Lot

Price $2,405,000
Price Per AC $28,630.95
Lot Size 84.00 AC

The lot is on the ridge above Inn of the Mountain Gods with views of the lake at the Inn, Grindstone Lake and Sierra Blanca. Owners have several of design concepts including building a road from Carrizo Canyon to connect to Excalibur.

DESCRIPTION

Mountain development at it's best. Flat is boring (no views). This is not a boring parcel of land! This is an incredible opportuinity to own a very unique property.

  • Listing ID: 28667359

  • Date on Market: 6/5/2023

  • Last Updated:

  • Address: 502 Excalibur Rd, Ruidoso, NM 88345

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