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Listed by The Sanchez Group Realty
$ 595,000
Est. payment /mo
Price Dropped by $50K
State Highway 55 - Ranch Estancia, NM 87016
640 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1098864
HOA Y/N No
Annual Tax Amount $55
Lot Size 640.000 Acres
Acres 640.0
Lot Dimensions Survey
Property Sub-Type Ranch
Property Description
Offered at approximately $930 per acre -- a full section of around 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 paved 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.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 building 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 building 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.This appears to be zoned AP-10, so may be able to be subdivided into smaller lots with proper application and approval from Torrance County. Buyer to verify.Buyer to independently verify wells, water rights, fencing, access, septic, utilities, and all improvements. Do not enter the old homestead building.
Location
State NM
County Torrance
Area 292 - Estancia Mcintosh
Interior
Fireplace No
Exterior
Utilities Available Cable Not Available, Electricity Connected, Natural Gas Not Available, Water Connected, Sewer Not Available
Water Access Desc Private,Well
Building
Sewer None
Water Private, Well
Others
Tax ID 1043035130133000000
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Nearby Locations
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