This 1.27 Acre parcel sits in Wild Horse Mesa, located south of San Luis, in Costilla County, in the San Luis Valley of southern Colorado. The sunny, fertile, alpine valley is about 150 miles long and 75 miles wide, surrounded by the San Juan, La Garita and Sangre de Cristo mountain ranges.
This lot is covered in trees! Although it doesn’t have electric on it yet, this property has been improved with a culvert/driveway area to allow for easy ingress/egress and parking.
Wild Horse Mesa is a beautiful location about 45 minutes north of Taos, New Mexico. (checkout the map below for exact location, GPS coordinates, and directions).
There are roaming bands of wild horses there, descendants of horses released by Spanish explorers about 500 years ago. Other wildlife includes mule deer, elk, birds, coyotes and small game. Occasionally, there may be a black bear or mountain lion (cougar) or rattlesnake. Be cautious when walking or hiking. Always supervise children and pets.
The mesa rises up from the surrounding agricultural valley, which has been farmed for centuries. To the west, across the valley, are the San Juan Mountains. To the north and the east are the snow-capped Sangre de Cristo Mountains. Mount Blanca, over 14,000 feet, is to the north. The Rio Grande River flows south through the valley to New Mexico.
You are also just a short drive from the Sanchez Reservoir – Fish, Boat, and Take in The Views!
PURCHASE PRICE: $5,997.00
Down Payment: $499
Monthly Payment: $199/mo for 48 months
Interest Rate: 0%
Monthly Servicing Fee of $9
One-Time Document Processing Fee: $150
*Buyer responsible for property taxes
TOTAL DUE TODAY: $649
|Parcel Number: 712-35-200|
|Street Address: Running Horse Road|
|City: San Luis|
|Subdivision: Wild Horse Mesa|
|Short Legal: W.H.M. SECTION K BLK 110 LOT 71|
|Plat: Available upon request|
|GPS Coordinates: 37.091276, -105.484859|
|Property Taxes (annual): $30|
|Water: Please check with the county|
|Sewer: Please check with the county|
|Gas: Please check with the county|
|Electric: Please check with the county|
|Phone (Cell signal?): Yes|
|Access: Dirt Road, Culvert Installed|
|HOA Dues (monthly): N/A|
|Terrain: Forested: Grass, sagebrush, rabbitbrush, pinon pine, juniper|
|Elevation: Approx. 8,545 feet above sea level|
|Water Table: Please check with the county|
How it Works:
Buy this property in 3 Simple Steps:
STEP 1 – Click “Send Purchase Information” to make your down payment and doc fee payment.
STEP 2 – The loan documents will be sent to you thereafter to review and e-sign.
STEP 3 – Enjoy your new land investment!
What costs are included in my initial investment?
– Your initial investment consists of your down payment which applies to the loan balance of the property and a processing fee which is used to cover the fees we incur to originate your loan and process the sale contract and loan document paperwork.
What is included in my monthly payment?
– Your monthly payment includes the principal payment, interest, annual taxes, and the loan servicing fee. All of the amounts are listed in your sale contract and loan paperwork and spelled out in a highly identifiable way. We focus on transparency, and there are no hidden fees.
When is my first monthly payment due?
– Your first monthly payment is due approximately 30 days from the time you sign the sale contract and loan documents and submit your initial investment (aka your closing date).
Can I pay the loan off early?
– Yes, you can pay off the loan at anytime. There is no penalty for paying the loan off early.
Have more questions? Call us at 480-269-1237.