SUPPORT@HEMINGWAYLAND.COM

RESIDENTIAL LOT W/ CITY UTILITIES

OVERLOOKING UTE LAKE

LOT SIZE: 3.5 Acres
$48,000
REFERENCE #: QUNM-1008A&B
QUAY COUNTY, NEW MEXICO
LOT SIZE: 3.5 Acres
$48,000
REFERENCE #: QUNM-1008A&B
SUPPORT TEAM
CALL OR TEXT: 702.996.6419
PURCHASING

FULL PRICE

AT CHECKOUT YOU’LL BE ASKED TO PLACE A NON-REFUNDABLE EARNEST MONEY DEPOSIT OF $500.

  • You may elect to fund and close this transaction either by paying our company directly or by employing a title company. At checkout you’ll be asked to select your preference.
  • Within 24 hours of your deposit, we will email you the documentation that corresponds to your selection.
  • If you elect to close outside of escrow, that email will include a new deed plus payment instructions. Buyers may pay the remaining balance via credit card, wire transfer or cashier’s check.
  • If you elect to close through a title company, that email will include a copy of a Sale/Purchase Agreement. You must review and sign this document within 96 Hours to open escrow. A copy of the sale/purchase agreement you’ll be asked to sign can be viewed here.
  • Please be advised, this is not an installment sale. This is a cash purchase. You should not initiate this transaction unless you are prepared to pay the entire cost of the land.
  • This deposit is non-refundable.
  • Have Questions? Contact Us here.

FULL PRICE

$48,000

DUE TODAY: $500

FINANCING

TERMS OFFERED: 20% DOWN PAYMENT OF $9,600, 9.9% INTEREST RATE, $500 MONTHLY PAYMENT, 72 MONTH TERM

  • At checkout, you’ll be asked to place a non-refundable earnest money deposit of $500. All additional money – both the remaining balance of the down payment as well as future monthly payments – will be handled by a title/escrow company and loan servicing provider.
  • Within 24 hours of your deposit, we will email you a copy of the Sale/Purchase Agreement. You must review and sign this document within 96 hours to open escrow. A copy of the sale/purchase agreement you’ll be asked to sign can be viewed here.
  • At close of escrow Buyer will receive a mortgage for the property with Hemingway Land or one of its affiliates acting as lien holder in first position. The lien will be released once all payment obligations have been fulfilled by Buyer.
  • Buyers capable of placing a larger down payment may request different terms by contacting our Company via email here.
  • This deposit is non-refundable.
  • Have Questions? Contact Us here.

FINANCING

$48,000

DUE TODAY: $500

WHY WE LIKE THIS PROPERTY
  • Part Of Upscale Residential Community Overlooking Ute Lake
  • Features Power and Underground Utilities At The Lot Line
  • Community Serviced By Local Water Utility – No Need To Drill A Well
  • No HOA and No Annual Dues
  • Perfect Location For Retirement or Summer Home
  • Relaxing Summers Spent Boating and Fishing At Ute Lake
MAPS
PROPERTY DETAILS

LOCATION & SIZE

COUNTY, STATE Quay County, New Mexico
LOT SIZE 3.5 Acres
NEAREST TOWN Logan
STREET ADDRESS Not Designated
ZIP CODE 88426

ACCESS & UTILITIES

LEGAL ACCESS Yes
ACCESS ROAD Megan Drive
ACCESS CONDITION Well-Maintained Gravel Road
ACCESS FRONTAGE Undefined
POWER At The Lot Line
PHONE Underground Telecom At The Lot Line
WATER City Utilities
SEWER City Utilities

LEGAL INFORMATION

LEGAL DESCRIPTION Canadian River Bluffs, Lots 11 & 12
PARCEL NUMBER 119407516308300 and 119407518408300
ACCOUNT NUMBER R019464 and R019465
ANNUAL TAXES $1,340.00

ZONING & RESTRICTIONS

ZONING Single-Family Residential
HOA None
COVENANTS, CONDITIONS & RESTRICTIONS Yes (Click Here)
ANNUAL DUES None
TIME LIMIT ON BUILDING None

TITLE INFO

TITLE Free & Clear
LIENS & ENCUMBRANCES None
MINERAL RIGHTS None
RECENT SURVEY None
TITLE INSURANCE Yes – Insured By First Title Services, LLC
CONVEYANCE DOCUMENT Warranty Deed
SUGGESTED TYPE OF CLOSING Title/Escrow
DOC PREP FEE Waived
PROPERTY DESCRIPTION

LOCATION & SIZE

The subject property is a 3.5 acre lot located along Megan Drive in the Canadian River Bluffs subdivision of South Shore Village, an upscale residential community located just west of Logan and bordering the southern end of the Ute Lake State Park. This parcel is located in close proximity to Ute Lake and boats easy access and unobstructed views of its waters.

 

LEGAL INFORMATION

When we speak of property we typically use an address — 123 Main Street for instance.

As most vacant land does not have a physical address, however, county governments will identify it in other ways, such as a “legal description”, a parcel number or a tax code. The information provided in the table above are the ways in which the various state and county agencies will identify this specific parcel of land. These signifiers are important to have when speaking with these agencies – whether they be the assessor, the zoning office, or even the local utilities – and may prove invaluable when initiating conversations about whatever research a buyer intends to do.

Whenever one exists or has been assigned to the land, the physical address will be included in this table.

 

ACCESS & UTILITIES

Roads & Access: The subject property is located along South Shore Drive, a paved road and one of the main arterials throughout the subdivision. Additionally, it is within only a short three minute drive of Highway 54, which will provide easy access into nearby Logan. All of these roads are well-maintained and can be navigated by any vehicle type.

Power & Utilities: Power can be found throughout the South Shore Village community servicing a number of attractive single family residences in the area. In addition, power can also be found running along the southern or back end of the subject property. Because of this, it should be easier and more affordable to get power connected to whatever you decide to build on the land. Anyone looking to investigate the cost of getting connected to the grid is encouraged to contact Farmer’s Electric Cooperative, the utility company servicing this region.

Utilities, Cont’d: In addition to the presence of power lines, the subject property also boasts underground telecom at the parcel boundary. Furthermore, this property sits in a region which is serviced by city water, which means anyone developing the land will not have to incur the cost of drilling a well in order to bring water to their new home. It should also be noted that a fire hydrant is conveniently located at the lot line (see photos in the gallery at the bottom of this page).

 

ZONING & RESTRICTIONS

Zoning: Quay County is one of a number of counties in New Mexico that has no formal county wide zoning, but rather defers to towns and municipalities within its borders. The South Shore community and the Canadian River Bluffs subdivision seems to fall under the jurisdiction of the town of Logan which has designated this region as Single-Family Residential. While it’s difficult to find documentation that enumerates the specifics of that designation, it should be noted that the South Shore community is developed exclusively with custom built and manufactured homes, most of which are likely on the high end of value for this region. Because of this, it is safe to assume that trailers, mobile homes, RV living and camping on the lots would not be allowed here except when the land owner is developing the permanent dwelling with the proper building permits. Furthermore, it should be noted that however many recreational activities there are in this region, this lot is not one that should be purchased for recreational purposes. This is likely an excellent parcel to build a second home, a vacation home or an Airbnb, but not to camp or park an RV.

Associations: While South Shore Village is a more exclusive community with upscale homes, it seems to be a community only with protective covenants and no formal home or property owner’s association. If one does exists, it is informal at best as there are no annual dues or fees associated with land ownership here. It should also be noted, there is no community website and it seems the code enforcement falls solely under the authority of the town of Logan.

Covenants & Restrictions: As noted, the South Shore Village and Canadian River Bluffs subdivision was created with a small list of protective covenants. It should be noted, however, that these are what we like to refer to as “reasonable, good neighbor restrictions” dealing with the disposal of trash and prohibitions on excessive noise. In other words, nothing too strict. To learn more about the Canadian River Bluffs covenants and restrictions you can read the attached PDF here.

Covenants & Restrictions, Cont’d: While the PDF attached above makes mention of an “association” it’s evident that that organization no longer exists and whatever protective covenants run with the land are likely adhered to by an honor system among like-minded neighbors concerned with their property values. It’s also safe to assume the town of Logan exercises some authority when it comes to enforcing the above-linked covenants.

 

HELPFUL LINKS

The Hemingway Land Company does our best to represent the properties we list as accurately as possible. Our research, however, will always be limited.

Because of this, included in the table to the right is a list of the relevant state and county governments, agencies and authorities as well as local utilities (and all their respective websites and contact information) which should help to answer any questions a buyer may have about developing this specific property.

Whenever possible it is best to speak with these agencies first as they will always be a far greater source of information about the local region and the regulations which govern it.

Quay County Assessor’s Office (575) 461-1760 (Click Here)

Farmers Electric Cooperative (575) 762-4466 (Click Here)

New Mexico Environmental Department (505) 827-2855 (Click Here)

Quay County Comprehensive Plan (Click Here)

New Mexico State Engineer (505) 827-6091 (Click Here)

Well Drilling Info (Click Here)

Well Drilling Permit Application (Click Here)

 

MISCELLANEOUS

Topography: While the subject property is flat, it should be noted that the northern most part of the lot becomes a rocky cliff and drops off sharply to the terrain below. This means the northern section of the lot is positioned high above the other neighboring lots to the north, and may be an excellent spot to build to take full advantage of the unobstructed views of Ute Lake.

 

NEARBY TOWNS

San Jon: 22 miles (26 min)

Tucumcari: 24 miles (31 min)

Santa Rosa: 84 miles (1 hr 17 min)

Las Vegas: 130 miles (2 h 16 min)

Santa Fe: 193 miles (2 h 59 min)

Albuquerque: 202 miles (3 h 1 min)

 

NEARBY ATTRACTIONS

Ute Lake State Park (Click Here)

Tucumcari Historical Museum (Click Here)

Mesalands Dinosaur Museum (Click Here)

Conchas Lake State Park (Click Here)

Things To Do In Las Vegas, NM (Click Here)

Things To Do In Tucumcari (Click Here)

COntact About This Property

QUAY COUNTY, NEW MEXICO
Acreage: 3.5
Price: $48,000
Reference #: QUNM-1008A&B

FULL PRICE

FULL PRICE

AT CHECKOUT YOU’LL BE ASKED TO PLACE A NON-REFUNDABLE EARNEST MONEY DEPOSIT OF $500.

  • You may elect to fund and close this transaction either by paying our company directly or by employing a title company. At checkout you’ll be asked to select your preference.
  • Within 24 hours of your deposit, we will email you the documentation that corresponds to your selection.
  • If you elect to close outside of escrow, that email will include a new deed plus payment instructions. Buyers may pay the remaining balance via credit card, wire transfer or cashier’s check.
  • If you elect to close through a title company, that email will include a copy of a Sale/Purchase Agreement. You must review and sign this document within 96 Hours to open escrow. A copy of the sale/purchase agreement you’ll be asked to sign can be viewed here.
  • Please be advised, this is not an installment sale. This is a cash purchase. You should not initiate this transaction unless you are prepared to pay the entire cost of the land.
  • This deposit is non-refundable.
  • Have Questions? Contact Us here.

FULL PRICE

$48,000
DUE TODAY: 500