988 Hwy 84
Las Vegas, NM, 87701 $ 1,950,000
Bedrooms3 Baths2.0 Sq 1,475 Monthly Estimate*
$ 13,621
for $1,950,000 with 3 bedrooms and 2 full baths. This 1,475 square foot property was built on a lot size of 1316.
PRICE REDUCED AGAIN, LETS SELL THIS!!!! Less than an hour from Santa Fe, and only 12 miles away from Las Vegas, NM this 1,316 acres ranch features a mile of Highway 84 frontage. It is currently divided into 3 parcels, however, much of the groundwork is in place to subdivide the ranch into eight smaller ranches, ranging from 142 to 205 acres in size. Notably, approximately 2 miles of underground water and electric infrastructure extend to the boundaries of the individual parcels, ensuring efficient utility access throughout the ranch. The ranch showcases numerous stunning potential home sites, allowing each ranch owner ample choices to construct their dream residence. Offering seclusion, privacy, tranquility, and natural beauty, this property holds significant potential for the discerning owner with a visionary mindset and the necessary expertise to transform it into a remarkable development. Its proximity to the attractions of Northern New Mexico only furthering to enhance its appeal. Located within game unit 43, the area is teeming with diverse wildlife, including deer, elk, turkey, bear, coyote, and mountain lion. There is currently a 1,475 square feet modular home accompanied by a two-car carport servicing as headquarters. In addition, the ranch boasts two reliable water wells that serve all tracts, along with two earthen stock tanks and three expansive watering holes. For the convenience of livestock, three well-fed above-ground water troughs are available, complemented by cattle handling facilities consisting of pens and a chute. Furthermore, the property features an extra two-car open-sided metal shed and a substantial carport with an attached storage shed, measuring approximately 20’×50' in size.
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FeaturesGeneralInterior Features NoInteriorSteps
Sewer SepticTank
Utilities ElectricityAvailable
Possession ClosingFunding CloseOfEscrow Negotiable
Exterior Features Fence
Property SubType Farm
Elevation 6300
Accessibility NotADACompliant
County San Miguel
Property Type Farm
HOA / Comm Assn No
Garage Y/N No
Other Structures Barns
Status Active
Directions I 25 North towards Las Vegas NM. Turn Right on Hwy 84 towards Santa Rosa NM. Property is on the Right.
High School Las Vegas
City Las Vegas
Buyer Agent Compensation 2.5
Zoning Description AG Rural Development Farm & Ranch Improved Land
Lot Size Square Feet 57324960.0
Waterfront Y/N No
Street Name Hwy 84
Listing Terms Cash Conventional NewLoan
Elementary School Las Vegas
Land Lease Y/N No
Middle/Junior High School Las Vegas
MLS Area Minor 28-San Miguel Cnty
Lease Considered Y/N No
Days on Market 238
Standard Status Active
Property Sub Type Additional Farm Ranch
Buyer Agent Compensation Type Item1
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ExteriorFencing BarbedWire
Water Source Private Well
Lot Size Area 1316.0
Building Area Total 1475.0
Lot Size Acres 1316.0
Road Surface Type Dirt Gravel
Lot Size Units Acres
Lot Size Source Survey
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InteriorBasement (Y/N) No
Fireplace Y/N No
Full Baths 2
3/4 Baths 0
Total Bedrooms 3
Total Baths 2
Living Area Units SquareFeet
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* Excluded FeaturesList ByRebekah ClarkListing Agent
Hayden Outdoors Real EstateBroker
redclark@haydenoutdoors.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,621
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyFarm listings in Las Vegas, NM
Average List Price $1,432,350
Percent of Sale Price 27%
About Las Vegas, NM 13,554 Population
-8% Since 2002
$ 28,967 Median Income
37.74 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
831134 Elementary School
831022 Middle School
Las Vegas High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/3/2024 | $1,950,000 | -13.29% | Price Down |
11/12/2023 | $2,249,000 | -8.76% | Price Down |
9/8/2023 | $2,465,000 | -3.97% | Price Down |
7/7/2023 | $2,567,000 | | Listed Price |