One a kind lush valley property, the type you rarely find anymore, right in downtown Espanola! 5.268 acres. Heavily treed. Plated and approved subdivision of 19 lots up to 0.294 acre. Put in infrastructure and sell lots or build. Or turn it into a horse and/or organic farm, vineyard, mobile home park, family compound or just a stellar estate sequestered in a grove of mature trees. This property offers a multitude of possibilities with no covenants. 12.46 acre feet of water rights convey. Keep or sell. S/D must be on city water. Structure in uninhabitable and will have to be either restored or razed. Perfect investment property &/or an excellent 1031 Exchange. Seller is motivated!
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