Property Description – Lake Valley Farm
This beautiful southern New Mexico Property is available for immediate purchase or may be purchased at auction in April of 2019. The +/-383 AC property is located between Lake Valley, NM and Hillsboro, NM in a secluded area with few immediate neighbors. It is a wonderful combination of an irrigated farm, horse property, and a ranch setting. The property has two homes, a custom climate-controlled horse barn complete with a covered riding area, tack room and feed storage. There are multiple outbuildings including a greenhouse, a large commercial metal building, a shed row, shade structures for vehicles and trailers, and more. The farm comes with both surface and underground water rights.
The main home is a +/-4,900 SF custom Santa Fe Style home that was built in 2001. The home has a large master bedroom with a huge master bath with a separate shower and large soaking tub. There are two additional bedrooms for guests, a full spare bathroom and two ¾ bathrooms. The home has a large 3 car garage, a laboratory, a large utility room, an office, and additional space for a library or storage.
The home was built of a combination of adobe bricks made from onsite materials and traditional wood framing. The home has a metal roof, custom wood clad windows, two kiva fireplaces, and many other features of a traditional southwestern home. The home has quality features including passive heating/cooling with motorized high elevation windows. It has gorgeous views of the pastures and mountains as well as the horse facilities. The kitchen is a chef’s dream with a Sub-Zero refrigerator, Bosch dishwasher, and professional Viking stove with double oven, 4 burners, griddle, and grill. All of the appliances will be included in the sale.
The second home is a farm house with two porches. It was the original home on the property and has the charm of an old farm house. It is a 3-bedroom home with 1 bathroom. The home has hardwood floors, a stucco exterior and a metal roof. The home is completely fenced and has a shade structure for parking. The home is within close proximity to the main house, but far enough away for privacy of an employee or tenant to comfortably occupy the home.
The property has approximately an acre of mature pecan trees with approximately 40 trees. There are approximately 65 acres of terraced tillable cropland, some level pasture and surrounding ranch property. In addition to the irrigation water rights, there are also water rights for domestic use and livestock consumption.
The elevation of the farm ranges from 4,500 to 6,000 feet. This variance in elevation promotes enjoyable outdoor activities. There is a wide range of desert vegetation on the surrounding hills. The elevation also lends itself to a broad spectrum of potential crops to grow on the farm. Whether you are looking to farm, raise animals, have a home-based business or raise horses, this would be a fabulous location. The expense of the improvements alone on the property exceed the asking price of the property. Please contact our office to schedule a personal tour of this beautiful place in the world.
- Auction Scheduled for March 29, 2019
- Click to view Auction Details
- +Current List Price: $999,500
- Starting Bid: $375,000
- Property Description:
- Private Farm on +383± acres with BLM bordering much of the property
- 4,900± sq ft custom-built, Santa Fe-style adobe home
- 1,386± sq ft, 3 BR/1 BA guest farm house
- Custom climate-controlled horse barn
- Covered riding area w/ metal roof
- 4,100± sq ft commercial metal building
- Underground water rights
- Elk, deer, antelope, some bear, mountain lions & coyotes