$485,000

Rare opportunity to obtain a gently sloped 5.3 acre parcel with magnificent views to the Angel Fire Ski area and Wheeler Peak. Zoned C-2 Commercial (general), this zone district allows all residential zoning within it, so you have the ability to do everything from pure commercial, a mixed use development, a single family home, or up to 20 units of residential per acre (up to 107 units). (Buyer to verify zoning and other relevant information with the Village of Angel Fire). Water, Sewer, Electric, and Fiber Optic Cable are all available at Highway 434. In the Village but not in the Country Club, so no Country Club dues! Seller has developed civil engineering and a site layout for an 84 unit Townhome development, attached and included, but a more dense apartment style development will fit on the property if desired. At as little as $4600 per unit land cost, this is one of the best multifamily parcels available.