State Highway 55 - Land, Estancia, NM 87016
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State Highway 55 - Land, Estancia, NM 87016
State Highway 55 - Land, Estancia, NM 87016
State Highway 55 - Land, Estancia, NM 87016
State Highway 55 - Land, Estancia, NM 87016
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Listed by The Sanchez Group Realty
$ 595,000
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Price Dropped by $50K

State Highway 55 - Land Estancia, NM 87016

640 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1097498

HOA Y/N No

Annual Tax Amount $54

Lot Size 640.000 Acres

Acres 640.0

Lot Dimensions Public Records

Property Description

Offered at approximately $930 per acre -- a full section of about 640 acres (one square mile) nestled in New Mexico's Estancia Valley.Own your view, your quiet, and the distance to the next house. This is a peaceful rural setting with real room to roam: you can ride or walk for hours and still be on your own land. Use it as a tranquil retreat to build a dream home, a working cattle or horse ranch, a long-term investment, or all three.The landA rare contiguous square mile with NM Highway 55 frontage on one side and gravel county roads on the other three, so you have easy year-round access and multiple entry points. Perimeter fencing is already in place on all four sides -- a solid foundation for livestock. Wide-open valley space, privacy, and the kind of silence that is hard to find this close to town amenities.ImprovementsTwo double-car concrete-block garage/shops give you usable covered space from day one for equipment, tools, or a ranch headquarters.Three wells are on the property (buyer to verify condition, production, and any permits): One well has a pump, pressure tank, well house, and cattle trough. Running water has been observed; the well itself has not been professionally inspected. A second well has power, a pump, and a cattle trough. There is no pressure tank. Water status is unverified. A third well is equipped with a windmill pump, with no electric power or pressure tank. Water status is unverified and the system may need repair.Homesite noteThe original homestead has been abandoned for decades. It is uninhabitable and unsafe to enter: the roof leaks, the floors are unstable, and it is not salvageable. The septic system, if any, is unknown and is assumed to be unpermitted. Plan on a new homesite and new waste system if you intend to live on the land.Why it worksA full section with highway frontage, county-road access on three sides, existing shops, fencing, and multiple water sources is uncommon in the Estancia Valley. Build the house you have been picturing, run cattle, keep horses, hold the land as an investment, or simply control a square mile of New Mexico sky.Buyer to independently verify wells, water rights, fencing, access, utilities, septic, and all improvements. Do not enter the old homestead.

Location

State NM

County Torrance

Area 292 - Estancia Mcintosh

Rooms

Other Rooms Outbuilding

Interior

Fireplace No

Exterior

Fence Wire

Utilities Available Cable Not Available, Electricity Connected, Natural Gas Not Available, Water Available, Water Connected, Sewer Not Available

View Y/N Yes

Water Access Desc Private,Well

Present Use Agricultural,Unimproved

Building

Lot Description Meadow, Views, Acreage, Stream/ Creek

Sewer None

Water Private, Well

Additional Building Outbuilding

Others

Tax ID 1043035130133000000

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry


Southwest MLS (SWMLS IDX Plus)

Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Graham Mayfield

+1(505) 610-0133

graham.mayfield@exprealty.com

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State Highway 55 - Land