Santa Fe Real Estate: Bank Owned Residential Lot MLS 201104986

Real Estate Broker/Owner with Hello Realty NM Broker License 16161


The price is right for 1705 Painted Sky in Santa Fe, New Mexico MLS # 201104986. This bank owned city residential building lot is located in the Las Lomas subdivision. This established subdivision is located in-town off of West Alameda. The lot is on a paved cul-de-sac street. The covenants allow a single family dwelling with an attached garage and guest house, solar heating devices and attached recreational facilities. The minimum size exclusive of the garage is 1600 square feet of interior space. The building site is a sloped wooded terrain with unobstructed views from this hilltop lot. This bank owned residential lot is an opportunity for the smart buyer looking for value in Santa Fe land. Bank financing on the lot purchase is available to qualified buyers!

What is different about this bank owned property? Aside from its $95,000 asking price, a local community bank will provide financing for the purchase of the land. This is rare in this new landscape of mortgage financing. Now, consider the $.41 cents price per square foot of the dirt! All this is an opportunity for the smart buyer tired of searching for their dream home in our Santa Fe real estate market.

For more information about the Las Lomas subdivision and this building lot or a referral to local builders and financing, contact Emily Medvec at 505-660-4541 today. When the price is right for Santa Fe bank owned residential lots with financing, why delay?


Posted by

Our Santa Fe real estate market is a local one. Search All Santa Fe Listings Here and get results in both an easy list or map search. If you want to see a SOLD sign on your property or you want to make a lifestyle change by moving here, call me at 505-660-4541 to schedule a real estate consultation. No one has time or money to waste in this new landscape of real estate online. I am available to help you and make a positive difference in your real estate experience. Remember dreams are made a reality only when you act on them. Emily Medvec

Today, I represent Sellers and Buyers in all price ranges in Santa Fe and throughout northern New Mexico. My focus is to use my experience, vision and strategies to find you opportunities and solutions. My goal is always to save you time and money whether you are selling or buying any type of Santa Fe real estate, including homes, land, town homes, condominiums, ranches and commercial property. Here are recent reviews from my past clients about my know-how and service. Until you are ready to Buy or Sell, let's connect and learn more about each other on Facebook or Twitter

Emily Medvec Copyright 2019 All Rights Reserved 2007-2019


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Home Buying
Listings By Address
Listing Showcase
Active Rain/Localism MLS Postings - For Sale
Investment Property (USA)
santa fe real estate
santa fe bank owned real estate
santa fe bank owned land and lots

Spam prevention
Show All Comments
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

You're right . . . it is rare for the bank to loan on dirt.  It seems like a great price.  Looks all nice, warm and inviting!!

Feb 18, 2012 06:33 AM #1
Emily Medvec Qualifying Broker
Hello Realty - Santa Fe, NM
Realtor | Serving Santa Fe & Northern NM

Carla, I think this bank is one of the ones that gets it! The price per square foot of 41 cents is staggering given land like this in Santa Fe is not made anymore. Thank you for stopping by.

Feb 18, 2012 07:00 AM #2
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Emily ...looks like a great deal ....hope you sell it soon!

Feb 18, 2012 07:07 AM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Emily Medvec Qualifying Broker

Realtor | Serving Santa Fe & Northern NM
Emily Medvec Sells Santa Fe Real Estate! Call/Text 505-660-4541
Spam prevention

Additional Information