771 Camino Real, Santa Teresa, NM 88008

Property Description

This exclusive desert oasis offers an unique opportunity to create a curated private compound within one of the region's most prestigious communities. Nestled just a short stroll from the elite El Paso Country Club, this property sits among multi-million-dollar estates and is a comfortable walk to a billionaire's private compound, providing unmatched potential for a lifestyle of distinction. Prospective developers will benefit from the site's favorable T3 zoning and possible inclusion in an Opportunity Zone, while New Mexico's permissive environment towards the marijuana industry provides significant flexibility for future land use. As an occupied residence, the property requires strict respect for the owner's privacy, meaning no home showings are available. This rare parcel, which conveys select water rights, represents an exceptional canvas for luxury development.