Mountain home on a .312-acre corner lot. This 2 Bedroom 2 bath Mountain retreat has approximately 1100 square feet of floor space including loft. This home is unfinished and needing to be completed allowing for an open canvas for your personal taste on finishing touches. Community water association, Otero County Electric and has a standard septic system. This home can be lived in while finishing construction to its completion. If you are looking for a mountain project home this is close to becoming what was intended both inside and out. This property is located in the prestigious community of Ponderosa Pines Subdivision. The past owner-contractor bought and built this home from a modular kit designed from foam panel construction and is site built. This type of construction is popular for offering a great insulation R factor for saving on utility expenses. Interior has metal studs and framing for hanging drywall or wood for walls possibly ceilings if desired. Value of this home once it has been completed can be determined with a CMA then deducting estimated labor and material costs. This seller is open to reasonable offers through negotiations. Asking price is a starting point with the expectation of needing another $50,000 plus or minus for a finished home. All potential buyers can base a value from personal observation when bringing an offer for consideration. Go show!!! Bring all offers!!!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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