78 Drake Rd
Edgewood, NM 87015
3
Bedrooms
2
Bathrooms
1,190
Sq Ft
2016
Year Built
About This Property
New Price! Seller financing may be available with acceptable terms. Rare opportunity to own 40 usable acres in Edgewood with a move-in ready 3BR/2BA home, private well, septic, and infrastructure already in place. Ideal for homesteading, hobby farming, horses, livestock, RVs, equipment, or simply enjoying a private country lifestyle with wide-open skies and mountain views. The home features refrigerated A/C, electric forced-air heat, and a woodstove for backup. Property includes a 3,000-gallon cistern, garden area with drip irrigation, 3-car carport, 40' storage container, two greenhouses, and chicken coop/run (chickens may convey). Matterport 3D tour available. Acreage may offer future development or split potential, subject to county approval and buyer due diligence.
Property Details
Property Type
Manufactured Home
Year Built
2016
Lot Size
40 sq ft
HOA
None
Listed Price
$399,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Edgewood
What is owner financing for 78 Drake Rd?
Owner financing means the seller of 78 Drake Rd acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Edgewood, NM is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Edgewood home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Edgewood property.