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321 Iron Gate Rd, Terrero, NM 87573

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For Sale

$140,000

2 beds • 1 baths • 880 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $159.09
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

LOCATION, LOCATION, LOCATION, Very rare cabin offering on beautiful, pastoral Aspen treed lot less than a mile below the Iron Gate Campground entry to the Pecos Wilderness. The fee simple lot has much to offer folks who wish to OWN land a mountain retreat in the Grass Mountain area. A family retreat for many years, the cabin has been vacant for quite a while and will need renovation to be habitable. Therefore the property does not qualify for traditional funding. Sold to settle an estate and the heirs are not interested in an owner carry situation. The cabin has much charm with a living room with brick fireplace, kitchen with wood burning cookstove, 2 bedrooms and a small 3/4 bath. For years the family used an adjoining spring as their water source but unfortunately it is no longer active. The cabin has Mora San Miguel Electric Coop electric. Located approximately 1 hour east of Santa Fe.
MLS# 202402009

Courtesy Of Santa Fe Properties, Inc.

(505) 982-4466

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Cooling System
    None
  • Exterior Type
    Block, Stucco, Wood Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Vinyl, Wood
  • Heating System
    Fireplace, Stove
  • Lot Size
    1.26 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 321 Iron Gate Rd, Terrero, NM 87573

Home seller CENTURY 21 Hacienda Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Hacienda Realty

(575) 388-1921
Learn More About Us

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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