Shopoff Realty Investments Sells 74 Acres Of Raw Land In Taos Ski Valley

Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has successfully sold 74 acres of land in Taos Ski Valley, New Mexico to the Taos Land and Cattle Company I, LLC, owned by Robert F. Corroon Jr.

The property is located in the Kachina Basin area of Taos Ski Valley, which offers views of Kachina Peak at an elevation of 10,200 feet as well as close proximity to skiing and hiking activities.  Shopoff acquired the property in 2017 and was planning a luxury resort with two boutique hotels and associated vacation villas. 

"Located in New Mexico's premier skiing destination, this unique property has a lot of potential for the buyer who is already a large land owner in the area," explained Shopoff Realty Investments president and chief executive officer, William Shopoff.  "We look forward to seeing what comes of this property in the future."