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638 Therma

Eagle Nest, NM 87558
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$540,000 $2,276/Mo
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Acres7

Acres(Lot)

VIDEO TOUR - SEARCH YOUTUBE FOR - "638 E THERMA" . . . . Four parcels at the corner of Therma and Teddy Bear in Eagle Nest NM, with direct Highway 64 frontage, this is one of the most visible pieces of land in the Enchanted Circle. PREPAID SEWER AND WATER TAPS INCLUDING 2.6 ACRE FT OF COMMERCIAL WATER RIGHTS. SW LOT HAS WATER AND SEWER TO LOT (see survey). Three of the parcels are right around half an acre each, well suited for smaller commercial builds, retail, or service businesses. The fourth parcel comes in just over 5.5 acres, giving you real room to work with if you have something bigger in mind. The general commercial zoning is flexible enough to allow residential construction too, so you could build a home on one lot while developing the others. That kind of flexibility is rare. Ea gle Nest Lake is about a minute away. Red River and Angel Fire are both roughly a 20-minute drive, which puts you at the center of everything the Enchanted Circle has to offer. If you have been watching this market, you already know Eagle Nest is probably the last affordable resort town in northern New Mexico, and that window is not going to stay open forever.

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Detail Ic Property Details

Property Type : Land

Price : $540,000

AD Id : 74514853

MLS Id : 114844

Lot Size : 7 Acres(Lot)

County : Taos

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Feature Features

  • Lot Information

    Main Square Feet: 7 Acres Lot Size Acres: 7 Lot Description: Level

    Property Information

    Subdivision: None Source Property Type: Land Zoning Description: General Commerc

  • Listing Price Information

    Listing Price: $540000

  • Tax Information

    Tax Legal Desc: See survey attached

  • Utility Information

    Electricity Available, Propane, Phone Available

  • Location Information

    Direction: East end of Eagle Nest at the corner of Therma and Teddy Bear next to the visitors center.
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The data relating to real estate for sale in this website comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than ByOwner are marked with the IDX Logo. All data in this website is deemed reliable but is not guaranteed. Neither the REALTORS® Association of New Mexico nor the New Mexico Multi-Board MLS guarantees is in any way responsible for its accuracy. Data maintained by New Mexico Multi-Board MLS may not reflect all real estate activity in the market. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright ©2026 REALTORS® Association of New Mexico and New Mexico Multi-Board MLS. All Rights Reserved.

ByOwner last updated this listing 06/10/2026 @ 17:51

MLS: 114844 LISTED BY: Robert Swan, Swan Realty 575-613-4243 SOURCE: Taos County Association of REALTORS

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