New Mexico Land for Sale near Los Lunas
Owner Financing Available! (see details below)
If you’re looking for 10 road-accessible acres in the Los Lunas area, you’ve found the best deal on the market.
- No Deed Restrictions – Mobile Home-Friendly
- Public Road Access
- Very Buildable: Flat, No Floodplain
- Just 11 minutes from Los Lunas & shopping
- Lowest-Priced 10+ acre Land in the Area (with road access)!
This 10-acre property near Los Lunas offers unbeatable value and freedom with no deed restrictions and very flexible zoning that allows for almost any type of home, including mobile homes. The land is flat, buildable, and entirely outside the floodplain, featuring light brush and easy public road access via Olivas Road, with an additional section line road along the eastern boundary. Perfect for a residential homesite, small ranch, or recreational retreat, this peaceful setting boasts cheap taxes ($152/year) inside a safe rural neighborhood just 11 minutes from shopping and services in Los Lunas. Power is approximately 1,000 feet away, while a well and septic system would need to be installed. Wildlife is abundant across the open desert landscape, and outdoor lovers will enjoy proximity to El Cerro de Los Lunas Preserve, the Rio Grande, and Cibola National Forest—all within a short drive. With no HOA, no flood concerns, and owner financing available, this affordable New Mexico gem is ready for your home, hobby farm, or weekend getaway. If you’re looking for 10+ road accessible acres in the Los Lunas area, then you just found the lowest price on the market. Grab it today at this truly unbeatable Acretown price!
Call or text Scott directly at 314.639.9777 or email info@acretown.com if you have any questions or would like to make an offer.
Si habla español, por favor pida por Andy en nuestro equipo y él estará encantado de ayudarle.
We’ve posted a lot of info below – including critical instructions for visiting the property – so please keep reading!
Best Deal in the Market – Check Zillow or Redfin and You’ll Agree!
After opening this map, you may see even more information about the area by clicking on Map Legend, then Overlays.
- ADDRESS (street # estimated – use GPS for navigation): 100 Olivas Rd, Los Lunas NM 87031
- SIZE: 10 acres
- GPS COORDINATES: 34.791654, -106.842723
- PARCEL #: 1-003-037-231-297-000000
- ABRIDGED LEGAL DESCRIPTION: S: 33 T: 7 N R: 1 E Lot 28 10.00 Acres +/
- FULL LEGAL DESCRIPTION: view here
- PLAT MAP/SURVEY: none (get County’s boundary/KML file here – opens in Google Earth)
- TITLE: General Warranty deed (clean – no back taxes, no liens)
- MINERAL RIGHTS: any mineral rights we own will convey to buyer (we have no knowledge of severance of mineral rights by a previous owner)
- DIMENSIONS (approximate): 660′ x 660′
- FLOODPLAIN: none
- WETLANDS: none
- ELEVATION: 5318 feet
- TERRAIN: generally flat
- CONDITION: undeveloped, light brush
- ACCESS: at NE corner to Olivas Rd, a public dirt road + section line road along east boundary that connects to Olivas Road
- POWER: nearest power pole approximately 1000 feet to the north of the property’s NE corner, on Espejo Rd (P&M Electric, 505-246-5700)
- WATER: well would need to be installed
- WASTEWATER: septic system would need to be installed
- The built-in savings you receive on all Acretown properties frees up extra money to install a variety of conventional and more modern, non-conventional septic systems, like mound systems, pressurized dosing, plastic chamber leach fields, aerobic treatment, etc. (which have become popular solutions in rare cases of non-satisfactory perc tests).
- TAXES: $152.38 in 2024
- HOA: none
- DEED RESTRICTIONS: none
- RESTRICTIONS/ZONING: OD – Outland District
- one single family home per lot
- mobile homes OK
- farming & ranching/livestock OK
- maximum one home per one acre (if subdivided)
- view full code here
- SCHOOL DISTRICTS: Sundance (Elementary) – R. Sarracino (Middle School) – Valencia (High School)
- NEAREST CITIES: Los Lunas < Albuquerque
- NEAREST AIRPORTS: Albuquerque International (31 mins)
- COUNTY GOVERNMENT:
- Assessor (505) 866-2065
- Treasurer (505) 866-2090
- Clerk/Recorder (505) 866-2073
- County GIS
coming soon . . .
You can go view the property at your convenience – owner does not need to accompany. Please call/text us to let us know you’re heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. We’d appreciate a couple hours notice if possible. In case you lose cell phone service, it may be helpful to print off as many helpful documents as you can before you head out there.
DRIVING DIRECTIONS: Click HERE to open the destination in Google Maps, and simply enter your starting point to get step-by-step directions.
- From this link, you can press “Directions” (on the left), enter your starting point, and Google Maps will provide you with step-by-step directions.
- You can also click “Send to Phone” if you’re viewing this on your computer
- And “Save” to download the directions so they’ll still work if you lose cell service.
If for some reason you’re having trouble with that link, you can navigate to GPS coordinates: 34.791654, -106.842723
WALKING THE PROPERTY LINES w/YOUR PHONE: We highly recommend downloading Google Earth to your phone if you don’t already have it. Then . . .
- Download the property boundary file (called a KML or KMZ file) here. You may be prompted to click “download” one more time, so do that . . . OR you may be prompted to immediately open the file with Google Earth and, in that case, do that and ignore the remaining steps. Otherwise . . .
- Open Google Earth
- Go to the main menu (the three horizontal lines at the top left of the screen), then Projects > Open > Import KML file > select the KML file you just downloaded (it should show up on that screen).
Now you should be able to see the property lines on the map, and the green dot represents where you’re currently standing. This is a very important tool to learn BEFORE you head out there. Please call us if you have any questions about it.
El Cerro de Los Lunas Preserve offers rugged desert trails that climb to sweeping vistas of the Rio Grande Valley, making it a go-to destination for hikers and nature photographers. The Los Lunas Museum of Heritage & Arts provides a rich look into the area’s cultural and historical roots through exhibits and local art displays. Riverside Park is a peaceful green space along the river, perfect for picnics, fishing, and leisurely walks. For everyday shopping and groceries, Los Lunas is the nearest town with Walmart, Smith’s, Albertsons Market, and an array of dining options. For broader retail, cultural attractions, and entertainment, Albuquerque is the nearest major city and the largest in New Mexico, offering a vibrant mix of urban amenities and Southwest charm just about a half hour north.
NEARBY – El Cerro de Los Lunas Preserve (7 mins), Los Lunas Museum of Heritage & Arts (17 mins), Riverside Park (20 mins), Heritage Park (23 mins), Tomé Hill Park (30 mins), Meadow Lake Parks Area Association (38 mins), Rio Grande Nature Center State Park (40 mins), Petroglyph National Monument (44 mins), and more!
LOS LUNAS (16 mins, nearest Walmart & grocery store)
- RETAIL – Walmart, Dollar Tree, Dollar General, Family Dollar, Super Dollar, Smith’s, Albertsons Market, and more!
- RESTAURANTS – McDonalds, Wendy’s, Carl’s Jr, Arby’s, Burger King, Sonic Drive-in, Taco Bell, and more!
- MEDICAL SERVICES? Yes, New Mexico Premier Health, Duke City Primary Care, First Choice Community Healthcare, Bella Vida Health Care Clinic and Medi-Spa, and more.
- RECREATIONAL – Heritage Park, Riverside Park, San Antonio Park, Meadow Lake Parks Area Association, Whitfield Wildlife Conservation Area, El Cerro de Los Lunas Trailhead, Duck Pond, Petroglyph National Monument, Cibola National Forest, and more!
ALBUQUERQUE (35 mins, largest city in New Mexico)
OWNER FINANCING: We do offer owner financing under the following terms:
- Owner Financed Price = $44,400
- Down Payment = $9,000
- Monthly Payment = $948.21
- Term = 4 years (48 months)
- Interest Rate = 10.9%
- No Pre-Payoff Penalty!
We have a two-week waiting period after the posting of our original MLS listing before we open up the owner-financing option. Also, if you would like to make a larger down payment in exchange for a slightly lower interest rate and/or fewer payments, we can certainly accomodate that, so just let us know! If you’d like to buy this property via owner financing, call or text Scott directly at 314.639.9777 or email him at info@acretown.com and we’ll get you set up!
OUTSIDE FINANCING: Your best deal for third-party financing will come from AgTrust Farm Credit, Rural 1st, or E-Construction Loans, and their details are below:
AgTrust Farm Credit is one of the best local land lenders in the area for rural properties and they require as little as 15% down up to a 30-year term, with interest rates as low as 9%, with no pre-payoff penalties. Feel free to contact them by phone at (505) 600-2543 for more information, or feel free to visit their nearest office at: 6400 Jefferson St. NE, Albuquerque, NM 87109.
Rural 1st is America’s leading land lender for rural properties and they require as little as 15% down on a 10 or 15-year fixed land loan, with no PMI, and they prefer a credit score of 720 or better. Please contact Michael Wirth by phone or email at (502) 553-8152 or michael.wirth@rural1st.com. They do serve New Mexico.
E-Construction Loans, Tim Jarvis, timjarvis@sbcglobal.net, (408) 238-4606: Tim is a land lender and offers loans at 10% down, 25-year amortization and a balloon payment in 10 years. Please contact him for all the details. They do serve New Mexico.
Call or text Scott directly at 314.639.9777 or email at info@acretown.com if you’d like to discuss an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you.
FOR SALE BY OWNER: We are investors, and are selling this lot For Sale By Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a realtor, then you’re welcome to have them contact us on your behalf. We do offer 2.5% commission to buyer agents.
WHY ARE YOU SELLING IT SO CHEAP? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and that’s our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly . . . and more of it! In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).
DISCLAIMER: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyer’s responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable useage for the property. We are happy to help however we can.