$540,000
638 Therma , Eagle Nest, NM 87558
- Status:
- Active
- MLS #:
- 114844
- Neighborhood:
- None
- County:
- Taos
- Listed By:
- Robert Swan - Swan Realty
- Agent Phone:
- (575) 613-4243
- Agent Email:
- swanrealtyredriver@gmail.com
Sponsoring Broker: Edward Donovan, Continental Real Estate Group, Inc
VIDEO TOUR - SEARCH YOUTUBE FOR - "638 E THERMA" . . . . Four parcels at the corner of Therma and Teddy Bear in Eagle Nest NM, with direct Highway 64 frontage, this is one of the most visible pieces of land in the Enchanted Circle. PREPAID SEWER AND WATER TAPS INCLUDING 2.6 ACRE FT OF COMMERCIAL WATER RIGHTS. SW LOT HAS WATER AND SEWER TO LOT (see survey). Three of the parcels are right around half an acre each, well suited for smaller commercial builds, retail, or service businesses. The fourth parcel comes in just over 5.5 acres, giving you real room to work with if you have something bigger in mind. The general commercial zoning is flexible enough to allow residential construction too, so you could build a home on one lot while developing the others. That kind of flexibility is rare. Eagle Nest Lake is about a minute away. Red River and Angel Fire are both roughly a 20-minute drive, which puts you at the center of everything the Enchanted Circle has to offer. If you have been watching this market, you already know Eagle Nest is probably the last affordable resort town in northern New Mexico, and that window is not going to stay open forever.
Highlights
- Land
- 7.0 Acre Lot
- 205 days on Market
-
- Acres
- 7.0
-
- Lot Features
- Level
-
- Utilities
- Electricity Available, Phone Available, Propane
-
- Area
- EAGLE NEST (18A)
-
- County
- Taos
-
- City
- Eagle Nest
-
- Neighborhood
- None
-
- Zip Code
- 87558
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Frequently Asked Questions
How do I schedule a tour of 638 Therma?
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 638 Therma.
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 638 Therma?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $540,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Eagle Nest, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 638 Therma?
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 638 Therma at around $3,073. 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 638 Therma?
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 Taos 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 638 Therma?
In most cases, yes. Whether 638 Therma is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Eagle Nest'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 638 Therma?
We can handle that for you. Our preferred local agent specializes in lands in Eagle Nest 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?
638 Therma was listed on April 18, 2026, which means it's been on the market for 205 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?
638 Therma sits on a 7.0-acre lot, which is 304,920 square feet.
Is 638 Therma 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 09, 2026 at 07:40AM | Source: Taos County Association of REALTORS | MLS#: 114844