This property is presented by The Hemingway Land Company

For Questions & To Purchase This Property, please visit Hemingway Land (LINK)

You may also contact Hemingway Land Customer Support anytime by Call or Text at: 702-919-7170

You may also reach Hemingway Land by email at: Support@HemingwayLand.com

Reference LANDIO Property ID: NM_Otero_00001

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Property Description‍

The subject property is a .25 (1/4 acre) lot situated along Deer Spring Road in Waterfall, a forested residential community located along State Road 130 just south of Cloudcroft.

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‍Legal Information‍

Legal Description: Waterfall #2, Block 1, Lot 12

Parcel Number: 11O4071093355438

Account Number: R040174

Annual Taxes: $46.00

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‍Access & Utilities‍

Roads & Access: The subject property is located along Deer Spring Road. While most of the roads in this subdivision consist of well-maintained dirt and gravel, Deer Spring does not appear to be regularly trafficked and thus, is comprised of a more challenging, rocky terrain. Because of this, a larger truck or off-road capable vehicle is advised for anyone scouting the property.

Power & Utilities: Residential power lines and underground utilities can be found throughout the Waterfall subdivision, servicing a number of developed home sites. While those utilities are not present on the subject parcel itself, they can be found servicing homes as close as one or two lots away. Because of this, it should be both easy and affordable to get them extended to this parcel. Anyone looking to investigate the costs associated with getting service connected on the subject property is encouraged to contact the Otero County Electric Cooperative, the local utility servicing this region.

Water Service: Because of its location, this subdivision is the beneficiary of a local waterfall whose water has been engineered into a system servicing the community and bringing potable water to each of its members. The organization that maintains this system is The Waterfall Community Water Users Association (WCWUA) and property owners looking to develop land here will need to become members to take advantage of all the benefits this association affords. To learn more about this organization or to contact them with questions, please visit their website linked here.

Water Service, Cont'd: Because of the presence of this community water utility, anyone developing the property will not have to take on the added expense of drilling and installing a well.

Septic Installation: Like most all the parcels in this subdivision, the subject property is under the ¾ acreage requirement set forth by the New Mexico Environmental Department for traditional septic installation. While this standard may not apply to a property or a subdivision which has its own water system, anyone developing the land will need to consult the NM EPA about proper septic systems or appropriate work-arounds. It should be noted, however, that many of the developed properties in this region are under the ¾ acre threshold, suggesting that whatever is required will not be difficult or prohibitively expensive.

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‍Zoning & Restrictions

Zoning: Otero is one of a handful of New Mexico Counties which have no formal County-wide zoning ordinance and defer instead to towns and municipalities within their borders to make their own rules. As this property is located in "Unincorporated" Otero County that means it is outside the jurisdiction of even the most "small government" town. This means that aside from state-wide regulations such as building codes or environmental ordinances, there are no governmental restrictions about how the land may be used or developed.

No HOA: The Waterfall subdivision has no HOA and there are no annual dues associated with land ownership here.

Covenants, Conditions & Restrictions: When the Waterfall subdivision was created, the developer drew up a set of covenants and restrictions to run with the land. While most of these are what we like to refer to as "reasonable, good neighbor restrictions" dealing primarily with the disposal of trash and prohibitions on excess noise, there are a few covenants that deal with acceptable structures for the region as well as minimum square footage requirements of those structures. Because of this, anyone considering purchasing the land is encouraged to review the Waterfall Covenants and Restrictions document found here.

Covenants, Conditions & Restrictions, Cont'd: Notable conditions enumerated in the above-linked CCR document include the following: Homes must have a minimum size of 1,500 square feet; All construction will need to be completed within twelve months from the time of ground-breaking.

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‍Title Info‍

Title: Free & Clear

Liens And Encumbrances: None

Mineral Rights: None

Recent Survey: None

Title Insurance: Yes - Insured Through Pioneer Abstract & Title

Conveyance Document: Warranty Deed

Suggested Type Of Closing: Title/Escrow

Doc Prep Fee: Waived

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‍MISC.‍

Fencing: It should be noted that anyone reviewing the photo gallery at the bottom of this page will see pictures of fencing installed along the neighbor's property. This fencing shares only a small border on the northwest end of the subject property and will neither help to determine parcel boundaries nor be an adequate substitute for a formal survey. It is being shown simply to demonstrate the property and its immediate surroundings.

Topography: Like most of the properties in and around this forested, mountainous area, the subject parcel has a slope to it with its highest point being along Deer Spring Road and gradually declining to the back, or western end of the lot. It should be noted, however, that the slope of the property is typical of this area. Many home sites in the local region have been developed on land like this, and any local contractor will have experience with this type of terrain.

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‍Nearby Towns‍

Alamogordo: 26 miles (39 min)

Ruidoso: 54 miles (1 hr 14 min)

Las Cruces: 94 miles (1 hr 49 min)

El Paso: 115 miles (2 hr 3 min)

Deming: 153 miles (2 hr 44 min)

Albuquerque: 229 miles (3 hr 43 min)

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‍Nearby Attractions‍

Lincoln National Forest (Click Here)

Ski Cloudcroft (Click Here)

Ski Apache (Click Here)

Ruidoso Downs Racetrack & Casino (Click Here)

Ruidoso Winter Park (Click Here)

Explore Las Cruces (Click Here)

White Sands National Park (Click Here)

Spaceport America (Click Here)

NM Museum Of Space History (Click Here)

Organ Mountains & Desert Peak National Monument (Click Here)

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‍Visiting The Property‍

Anyone who would like to visit the subject property is welcome to do so any time of any day they please. As Hemingway Land does not have offices local to all the properties that we buy and sell, however, a representative from our Company will not be able to join you on your scout.

The maps provided below have been included to help you in locating the property. Interested parties are encouraged to review them prior to visiting the land.

Landio Generated Interactive Map (View Map)

Landio Generated Download Map (KML File)

Landio Generated Download Google Earth

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‍GPS Coordinates‍

Northwest Corner: 32.90720,-105.68390 (Google Map)

Northeast Corner: 32.90720,-105.68350 (Google Map)

Southeast Corner: 32.90700,-105.68350 (Google Map)

Southwest Corner: 32.90700,-105.68390 (Google Map)

Center Point: 32.90710,-105.68370 (Google Map)

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‍Purchase Process‍

This property is presented by The Hemingway Land Company.

To initiate purchase of the land you’ll be asked to place a non-refundable earnest money deposit of $500 through our website.

You may elect to fund and close this transaction either by paying our company directly or by employing a title company. At checkout you’ll be asked to select your preference.

Within 24 hours of your deposit, we will email you the documentation that corresponds to your selection.

If you elect to close outside of escrow, that email will include a new deed plus payment instructions. Buyers may pay the remaining balance via credit card, wire transfer or cashier’s check.

If you elect to close through a title company, that email will include a copy of a Sale/Purchase Agreement. You must review and sign this document within 96 Hours to open escrow. A copy of the Sale/Purchase Agreement you’ll be asked to sign can be viewed here.

Please be advised, this is not an installment sale. This is a cash purchase. You should not initiate this transaction unless you are prepared to pay the entire cost of the land.

This deposit is non-refundable.