0 Water AveLovington, NM 88260

For Sale
$445,000

Prime Agricultural & Residential Land

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 50-acre property, located in northeast Lovington, New Mexico, presents a unique investment opportunity. Currently used as pastureland in Lea County, this expansive tract offers significant potential for diverse development. Ideal for creating a custom-built home on acreage, or even a highly desirable subdivision featuring multiple homes on larger lots – a sought-after commodity in this area. The property is situated at TBD E Water, Lovington, NM 88260 (32.982899, -103.328654). While listed as approximately 50 acres, the exact acreage is subject to survey and potential redivision, allowing for negotiation of slightly smaller or larger parcels. The property has not yet been surveyed and separated. Covenants and restrictions will be established, subject to negotiation between buyer and seller, but generally, only site-built homes will be permitted

Highlights

  • Highly desirable acreage suitable for residential subdivision development.
  • Prime location for in-demand homesites.
  • Ready for experienced developer and investment.

Property Details for 0 Water Ave

Property type
Other land, Other farms
Lot Size (sq. ft)
2,178,000 SF

Location Insight

City
Lovington
County
Lea
State
New Mexico
Latitude
32.982899
Longitude
-103.328654
Water Ave, Lovington, New Mexico

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0 Water Ave
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