$1,725,000
$1,725,000
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3,685.5 Acres Lot
SOLD DATE : 02/03/2025
Key Details
Sold Price $1,725,000
Property Type Single Family Home
Sub Type Farm/Ranch
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20242232
Sold Date 02/03/25
Annual Tax Amount $2,774
Tax Year 2023
Lot Size 3685.500 Acres
Acres 3685.5
Lot Dimensions 3621
Property Sub-Type Farm/Ranch
Property Description
THE PROPERTY: The Pajarito Creek Ranch is located in Guadalupe County New Mexico approximately 27 miles east of Santa Rosa at Newkirk with 1.5 miles of Interstate 40 frontage. 3,685.5+/- acres Total acres (3,445.5+/- Deeded, 240 State Lease) with the possibility of an additional 129 acres private lease. TERRAIN AND VEGETATION: The Terrain is very scenic from level to rolling to creek canyon offering picturesque views and complemented by a live water source. This ranch has a variety of grasses including gramma, galleta, and Sideoats grama along with Juniper and ceder trees. WATER: There are two strong, shallow wells strategically located throughout the property. One is a windmill in the northwest trap with a set of pens. And the second well is a commercial well with a production capacity of 100 GPM, expandable according to driller estimates. This well is located on the northeast side of the ranch and has been an income producing well. LIVESTOCK OPERATION: This ranch is great for a cow/calf operation, or you could easily run yearlings. IMPROVEMENTS: Two sets of pipe corrals and well maintained barbed wire fences with cedar posts sourced from the ranch itself. Not included in the purchase price is a beautiful custom built, 2-bedroom, 2.5 bathroom home in excellent condition, providing comfortable living accommodations. Along with a large apartment in the main metal building. The house along with 3 outbuildings and 1 well on 80 acres can be purchased with the ranch at an additional price of $950,000. Billboard Advertising opportunity along I-40 with strategically placed billboards, creating additional income. WILDLIFE: The ranch has many Antelope and some Mule Deer along with quail, coyotes and other wild animals. BROKER NOTES: This ranch presents a rare opportunity to own a scenic and profitable property without the burden of deferred maintenance. Whether you're seeking a commercial investment or a serene retreat, this property offers endless possibilities.
Location
State NM
County Guadalupe County
Area New Mexico Mls
Building
Water Well-Existing
Others
Acceptable Financing Conventional, Exchange
Listing Terms Conventional, Exchange
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