$125,000

Rare multifamily development opportunity in The Hills of Santa Fe! This .45-acre vacant parcel offers PD (Planned Development) zoning and the flexibility to develop a duplex, triplex, quadraplex, or condominium project, making it an excellent option for investors, developers, or builders. With an open-builder opportunity, you can bring your own plans and create an income-producing property designed for rental income, individual unit sales, or long-term portfolio growth. Vacant multifamily parcels offering this level of flexibility can be difficult to find. Take advantage of the opportunity to develop within an established subdivision and turn your investment vision into reality. Buyer to verify zoning, permitted uses, density, condominium approval requirements, utilities, building plans, and all development requirements with the appropriate governmental authorities and homeowners’ association.