Map
Listed price in listed location currency (USD).
$3,400,000

330

MLS® 2601731

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 6035 sqft
Garage 
Taxes 
Days Active 120
Lot Size 2.02 Acres
Approx. Age 1970
Avg. Price Per Sqft $563
MLS® Number 2601731

Property Address: 771 Camino Real, Santa Teresa, NM, 88008-9165

Average square foot calculated using Size range provided by listing agent.

Description

This exclusive desert oasis offers an unique opportunity to create a curated private compound within one of the region's most prestigious communities. Nestled just a short stroll from the elite El Paso Country Club, this property sits among multi-million-dollar estates and is a comfortable walk to a billionaire's private compound, providing unmatched potential for a lifestyle of distinction. Prospective developers will benefit from the site's favorable T3 zoning and possible inclusion in an Opportunity Zone, while New Mexico's permissive environment towards the marijuana industry provides significant flexibility for future land use. As an occupied residence, the property requires strict respect for the owner's privacy, meaning no home showings are available. This rare parcel, which conveys select water rights, represents an exceptional canvas for luxury development.
MLS® Number2601731
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
BasementNone
Driveway
Garage Spaces
HeatPropane
A/C

Extras

Map

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