Welcome to Lot 1 in Bonita Estates, your gateway to the serenity and abundant natural beauty of Northern New Mexico. This 10-acre lot with community water offers a spacious, flat hilltop building site, ready for your dream home; and a second building site with a transformer already in place, should you wish to build there instead and enjoy the hilltop in its undeveloped state. The panoramic views from the hilltop are truly spectacular, including views of nearby Storrie Lake and several neighboring mountain ranges that comprise the foothills of the Sangre de Cristo Mountains (the southernmost portion of the Rocky Mountains). Zoned Residential/Agricultural, the subdivision additionally allows the drilling of a well (with state permit). The property would be excellent for horses and is already partially fenced. The historic town of Las Vegas, NM and Highlands University are just minutes away; and the fine-dining and shopping of Santa Fe, NM are but an hour's drive. Bonita Estates is located along scenic NM518, which leads up to the Taos area (about 60 miles away), and it features well-maintained gravel roads and reasonable covenants, in addition to community water. This property will provide you easy access to the outstanding hiking, skiing and hunting that Northern New Mexico offers. This property is priced to sell! Photo of snow-capped mountains uses telephoto.