10.61 acres of relatively flat undeveloped land in the 'Traditional Community' base zoning of the Village of Agua Fria Community District (VAFCD), See Chapter 9.12 of the Santa Fe Land Development Code. "The purpose of the district is to designate areas suitable for residential, small-scale commercial, and traditional agricultural uses consistent with the existing development patterns of traditional communities". "Potential for increased density within the district is available with community water and sewer connections". With either community water or community sewer service to the property allowable density is one dwelling unit per 3/4 acre, with both community water and community sewer to the property allowable density is one dwelling unit per 1/3 acre, all subject to the requirements of the SLDC. No representations are being made as to the availability or cost of obtaining utility services including community water and community sewer services. Owner may consider carrying a note with $300K down; owner may also consider a 1031 exchange for a cash flowing property.