Active

321 Iron Gate Rd

Terrero NM, 87573

$140,000


$159.09 per sqft

Active

2 Beds

1 Bath

880 sqft

Residential

Built in 1968

LOCATION, LOCATION, LOCATION, Very rare cabin offering on beautiful, pastoral Aspen treed lot less than a mile below the Iron Gate Campground entry to the Pecos Wilderness. The fee simple lot has much to offer folks who wish to OWN land a mountain retreat in the Grass Mountain area. A family retreat for many years, the cabin has been vacant for quite a while and will need renovation to be habitable. Therefore the property does not qualify for traditional funding. Sold to settle an estate and the heirs are not interested in an owner carry situation. The cabin has much charm with a living room with brick fireplace, kitchen with wood burning cookstove, 2 bedrooms and a small 3/4 bath. For years the family used an adjoining spring as their water source but unfortunately it is no longer active. The cabin has Mora San Miguel Electric Coop electric. Located approximately 1 hour east of Santa Fe.

202402009

MLS ID

May 28, 2024

Listed

October 14, 2024

Updated

Map

321 Iron Gate Rd
Terrero NM, 87573

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

1


Three-Quarter Bathrooms

1


Interior Features

No Interior Steps


Appliances

Electric Water Heater, Refrigerator, Water Heater


Floor Description

Carpet, Vinyl, Wood


Fireplace

Yes


Fireplace Description

Wood Burning, Wood Burning Stove


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Fireplace(s), Wood Stove

Exterior/Building Features

Lot Size

1.26 Acres


Architectual Style

Cabin, One Story


Roof

Metal, Pitched


Sewer

Other, See Remarks

School Information

High School

Pecos


Elementary School

Pecos

Other Property Details

Taxes

$426


Tax Frequency

Annually


Days on Market

120


Garage

No


Parking

None


Parking Total

20


View

No


County

San Miguel


Water Source

None


Pool

No

Listing History

Date

Event

Price

9/23/2024

Price change

$140,000

-13%

7/10/2024

Price change

$159,900

-9%

Listed by James Congdon with Santa Fe Properties
Listing Contact: (505) 490-2800 

The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 10/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Santa Fe Association of REALTORS® all rights reserved.

Data last updated on 10/14/2024 at 11:37 PM UTC

 

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