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229 Dean Circle
NEARLY 20 ACRES NEAR CAPITAN, NM
MLS # 500244

SIZE:
Approximately 18.5 acres deeded

LOCATION:
This property is located just NW of the town of Capitan

DIRECTIONS:
Turn north off of US route 380 on Dean Circle. (Then landmark for Dead Road is just west of Capitan, at the "boats for sale" business and shop). Go north and east on Dean Circle, it will then turn north and will go over the ridge, then continue to the bottom of the valley , the road will turn westerly, it will go across the creek (concrete slab over large culvert), continue approximately 200 yards, the property is on the right. Centerfire Real Estate sign is on subject property.

TOPOGRAPHY:
The subject property is located on a south slope. It has an arroyo running along the west property line. The general description of the property is sloping and hilly. The best homesite is uphill from the county road, approximately 300 yards up the hill tremendous amount of moss rock on it.

VIEWS:
a great view of the Sierra Blanca Ski runs is visible from the previously mentioned building site.

TREE COVER / SHRUBS / GRASSES:
There is a variety of juniper, cedar, pinon, and deciduous shrubs on the property attracting deer, elk, and other wild critters. A lush cover of native grasses provides a nice ground cover (blue gamma), hairy gamma, and side oats gamma). There are a few mountain variety of yuccas present too. The area has very good pinon nut crops in cycling years.

MINERALS / WATER RIGHTS:
All of record transfer with ownership. No mining operations appear in the area.

AREA INTERESTS:
The Capitan area is know worldwide as home of Smokey the Bear. It also had the largest rodeo in the world last 4th of July (1700 contestants) and boasts to have the best ranch rodeo in New Mexico. Lincoln County is also know as home of Billy the Kid, Pat Garrett, and the legendary jail escape and shoot outs, including the capture and killing of "the Kid". Capitan is also known as one of the most beautiful and peaceful places to live in New Mexico. It is only a few minutes away from Ruidoso, NM which is famous for snow skiing, tourism, specialty shopping, log homes, motor cycle trips, fishing, Inn of the Mountain Gods resort hotel and Casino, Ruidoso Downs (home of the richest quarter horse race in the country, million dollar :cabins:, progressive lifestyles, summer resorts, huge pine trees, protruding bluffs, running creeks, deer in the front yards (real ones, live ones!), trophy elk hunting, state of the art horse breeding facilities, new and modern apartments and summer homes, a destination to Mexico's middle and upper class travelers and investors, thriving and famous artists and musicians, and is adjacent to Lincoln National Forest ( million of acres of a absolute mountainous beauty ).

PRICE:
$111,600

TERMS:
Owner prefers cash, but would consider carrying balance at 7.5% for a five to ten period with sizable down payment. A partial release of property available to purchaser so homesite can be developed., negotiable.

LISTING AGENT REMARKS:
These two parcels are situated in such a way that a beautiful homesite is set into a brushy hillside, tucked up against an outcropping of moss rock. This type of rock sells for up to $600 a ton to building contractors and landscape contractors/suppliers. Access to the property could be achieved in two manners. 1. By gaining permission and recorded / legal access thru the neighbors land thus eliminating the necessity to install another culvert, 2. or by developing your own road into the site by installing another four foot diameter culvert, creating a privately controlled access. The access could be locked or a solar operated gate could provide security and privacy. The county road that provides access to thee subject property is a good, gravel surface, well maintained one. The sellers are good neighbors, and the adjacent properties seem to be well kept, clean, and appear to be good future neighbors. This is the type of property that could be a weekend getaway, a good investment property, or permanent residence with room for horses, hiking, a ski bungalow, or partnership property for ski or hunting enthusiasts. The abundance of moss rock could be utilized or the construction of a beautiful home with natural design and construction.

Click on photo to enlarge
 


FOR MORE INFORMATION CONTACT:
Russell Burris, Associate Broker
Centerfire Real Estate
Office 505-865-7800 / Fax 505-865-7822
Cell 505-991-3617
nonidad@aol.com
 
If you'd like more information please click here

The website for the NM State Engineer is:
http://www.ose.state.nm.us/

 This property is subject to prior sale, price change, correction or withdrawal. This information was obtained from sources deemed to be reliable but is not guaranteed by Centerfire Real Estate. Perspective Buyers should check all data to their own satisfaction.
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