8, 12, 14 Rico Dr

1 of 16

$599,000

1 beds
1 baths
748 sqft

Nestled in the serene beauty of Tesuque, this remarkable property offers a unique opportunity for discerning developers. Comprising three separately deeded buildable lots, the expansive…

Key Features

MLS: 202405165

List Date: 12-23-2024

Status: Active

Area: Northeast & Tesuque

Type: Single Family Residence

Bedrooms: 1

3/4 Baths: 1

Acres: 8.36

Total Sqft: 748

Presented By

Cindy Sheff

505.470.6114

Cindy Sheff

505.470.6114

Nestled in the serene beauty of Tesuque, this remarkable property offers a unique opportunity for discerning developers. Comprising three separately deeded buildable lots, the expansive property spans a total of roughly 8.3 acres. A standout feature is the adjudicated well, which boasts 1-acre feet of pre-moratorium water rights, ensuring a valuable resource for future development. The property includes a 748-square-foot home, featuring 1 bedroom and 1 bathroom, ideal for a cozy retreat or future guest house. Positioned in the eastern hills of Tesuqe the property borders Tesuque Pueblo land, providing breathtaking views and a sense of tranquility. Whether you’re looking to build your dream home or invest in a prime piece of land, this Tesuque property promises endless potential and a coveted location.

Additional Features

Days on Market:117

Fireplace Features:Wood Burning Stove

Fireplaces:1

Heating:Baseboard, Fireplace(s), Hot Water

Horses Allowed:Yes

Interior Features:Interior Steps

Stories:One

Parking Features:Direct Access

Parking Spaces:10

Property Type:Residential

Property Sub Type:Detached, Single Family Residence

Roof:Bitumen, Flat, Metal

Sewage:Septic Tank

Style:Northern New Mexico

Utilities:Electricity Available

About the Neighborhood

Homes & Land for Sale in Tesuque

The picturesque, incorporated village of Tesuque enjoys a rural feel (there are still horse properties here) and is only five minutes north of Santa Fe, just beyond Bishop’s Lodge. Known for its valley of lush vegetation and the Tesuque River, as well as hilltop sites with views and traditional Northern New Mexico pinon and juniper, Tesuque attracts artists, professionals, retirees, second home owners, and celebrities looking to hide out. There is a small commercial community consisting of the landmark Tesuque Market, the restaurant El Nido and Shidoni Foundry.

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