$375,000

Rosedale Mine

Magdalena NM, 87825

Description

Investment Opportunity - Price reduced!The Rosedale Mine is comprised of 44.51 acres in 4 parcels completely surrounded by US Forest Service's Cibola National Forest. This unique property offers a mix of opportunities including mining, hunting, recreational, ranching, camping, and exploring. With stunning views of the Magdelena Mountains and Milligan Gultch and a newly drilled water well (2018-2019), this could be a future home site or a favorite retreat. Rosedale Mine's history dates back to 1896 when it was first patented as the Great London Lode & Rothchild Mines & Millsites. Recent assays indicate there is still gold, silver, and other minerals that could be reclaimed. Public land access to US Forest Service.

Details

MLS#955444
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site188

Features

ZoningA-1
Acreage44.51

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Area Information

StateNM
CountySocorro
CityMagdalena
Zip Code87825
Area621 - South Socorro
Listing VS Median (in 87825)
Price:
$375,000
low | high
Med:
$49,900
100% of Average
On Site:
188
low | high
Med:
35
100% of Average
Listing Updated: 04/09/2020
MLS Number: 955444
Listing Provided By:
Cassandra Spradley  of  Mossy Oak Prop. Centerfire RE