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3 Beds
2 Baths
1,190 sqft

$384,900

78 Drake Road, Edgewood NM, 87015

Price per sqft$323.45
Built in2016
Property size1,190 sqft
Property typeManufactured
Courtesy of Hardy & Company

Overview

Active

Listed Apr 3, 2026

Updated Sep 3

Seller financing available with below-market rates for qualified buyers. Ask about financing that may make ownership more affordable than many rental options. Rare opportunity to own 40 usable acres in Edgewood with the water, infrastructure, and improvements already in place to start enjoying country living from day one. A private 600' well producing approximately 25 GPM feeds a 3,000-gallon cistern, complemented by a conventional septic system and an established garden area with drip irrigation and timers. The clean, well-maintained 2016 Clayton home is situated on a permanent foundation and offers 3 BR / 2 BA with refrigerated A/C, electric forced-air heat, and a woodstove for backup heat and ambiance. Recent improvements include a metal roof, water heater, refrigerator, and carpet. Whether your vision includes homesteading, horses, livestock, hobby farming, RVs and equipment, or simply a private retreat with room to breathe, the property is ready for it. Additional improvements include a 3-car carport, 40' storage container, two greenhouses, and chicken coop with secure run. Enjoy wide-open New Mexico skies, mountain views, memorable sunrises and sunsets, and very little traffic. The acreage may also offer future development or split potential. Santa Fe County Residential Estate zoning has a 2.5-acre minimum lot size; any subdivision or development is subject to county approval and independent buyer due diligence. Matterport 3D tour available--explore the home online before your visit. Seller financing terms are negotiable and subject to seller approval.

$2,561/mo

Est. mortgage payment based on a $384,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1101051

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
40 Acres

Other Property Details

Taxes
$824
Tax Frequency
Annually
View
Yes
MLS provider logo

The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor D'Nette Wood shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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