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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.

Highlights

  • Land
  • Multi Family
  • 5.36 Acre Lot
  • 220 days on Market


  • Acres
    5.36
  • Lot Features
    Sloped
  • Utilities
    Electricity Available, Other, Phone Available

  • Area
    ANGEL FIRE (04A)
  • County
    Colfax
  • City
    Angel Fire
  • Neighborhood
    Moreno Valley 3rd
  • Zip Code
    87710
  • High School
    Moreno High
  • Middle School
    Moreno High
  • Elementary School
    Eagle Nest Elem

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Frequently Asked Questions

How do I schedule a tour of ?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to .

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about ?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $485,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Angel Fire, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for ?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for at around $2,837. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy ?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Colfax County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for ?

In most cases, yes. Whether is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Angel Fire's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on ?

We can handle that for you. Our preferred local agent specializes in lands in Angel Fire and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

was listed on April 06, 2026, which means it's been on the market for 220 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

sits on a 5.36-acre lot, which is 233,482 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Eagle Nest Elem
  • Middle: Moreno High
  • High: Moreno High

Want to see how these schools compare? Check out our Colfax County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for ?

The most recent public record shows annual property taxes for were approximately $921. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Taos County Association of REALTORS. All rights reserved.

Last Updated: November 12, 2026 at 11:10PM | Source: Taos County Association of REALTORS | MLS#: 114790