Deming, NM 88030(Luna County)

LEGAL DESCRIPTION: Sunshine Valley Ranchettes Unit 10, Block 15, Lots 15, 16, 17, 18, 27, 28, 29, and 30.

This area offers a warm sunny climate, affordable land, low taxes, many natural, cultural and historical attractions and easy access to several transportation routes. The surrounding mountains, state parks and national forests offer hiking, camping, biking, hunting and many other outdoor recreational opportunities. It should be easy to see why this area draws new residents and tourists alike.

These are undeveloped lots you can buy for investment, building, or to have a place to RV or camp while you visit the area. There are utilities in the area, but not to every unit nor to each property yet. For now water would be by well or hauling. Sewer would be by septic - if and when you build. Cell phones worked almost everywhere when we were there. These lots are zoned Residential for Single Family Residences. If you have water and septic system hooked up you can stay in an RV up to 240 days each year. If no utilities you can stay up to 30 days each year. There are no association fees or dues, no time restrictions on when to build and there are no unreasonable restrictions on what to build. Taxes are around $20 per year per lot and are current. There are no liens, no back taxes, and no encumbrances due on the property.

NOTE: New Mexico does generally require at least 3/4 of an acre (which is at least 2 lots) to issue a building permit for a permanent home when the lot is not serviced by a city water and a city sewer system. When the city utilities are installed, every single lot would then be buildable, and they will each become much more valuable. You can build now if you acquire 2 or more adjacent lots. Or you can wait and build a house on each individual lot once the utilities are run. Or you can sell them to maximize profits at that time.

The photos in the slideshow are of the Sunshine Valley Ranchettes area. The two Google Earth screen captures show these 8 lots.

The cost Of shis great group of lots is $7,875 + $195 Document Fee. Start payments now with a $294 down-payment. $195 covers the document fee and $99 will be subtracted from the full purchase price. The $7,776 balance can be paid at 0% interest if paid in 12 equal monthly scheduled payments $648 per month. You can also choose one of these longer payment terms at 9% interest:

2 Years at $355.24 Per Month

3 Years at $247.27 Per Month

4 Years at $193.51 Per Month

5 Years at $161.42 Per Month

6 Years at $140.17 Per Month