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    353 N Red Bridge Rd Roswell, NM 88201

    New
    For Sale
    $3,250,000

    Ranch - Roswell, NM

    Type:Ranch
    Lot size:
    80.48 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 353 N Red Bridge Rd

    General Information

    Property type
    Farm
    Property subtype
    Ranch
    Standard status
    Active
    APN
    4139059149220000000/ 4139059036187000000
    Parking features
    Carport
    Exterior features
    Irrigation
    Lot size
    80.48 Acres

    Building Details

    Architectural style
    Ranch

    eXp REALTY, LLC (505) 554-3873 [email protected]

    Listing agent Janett Pina (505) 554-3873

    Listing date Dec 3, 2025

    MLS# 20256814 Listing URL

    Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Resort-Style Pistachio Farm Estate

    Bitter Lakes Farms is an 80-acre resort-style estate located minutes from Roswell. The property includes a custom adobe-style residence built in 2004, offering 2,409 sq ft of space with three private bedroom suites, each with its own full bathroom. The architecture incorporates handcrafted details, natural light, and panoramic views. The property features a producing pistachio orchard with maturing trees, offering long-term income potential. Senior water rights and natural landscapes provide possibilities for homesteading, agricultural income, wellness retreat, or eco-resort. This property offers potential as a private sanctuary, a nature-focused lifestyle, or a foundation for a spiritual, healing, or luxury retreat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bitter Lakes Farm ... Farm

    Map

    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.46503
    Latitude
    33.432569

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    FAQs

    What type of property is this?
    Farm - 80+ acre pistachio farm with adobe home and casitas.
    Where is this farm located?
    The property is located at 353 N Red Bridge Rd Roswell, NM.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - 80+ acre resort-style pistachio farm with income-producing orchard; - Custom 2,409 sq ft adobe-style residence featuring 3 bedroom suites and full bathrooms; - Senior water rights ensuring reliable irrigation
    (505) 554-3873
    Request Owner's contact information
    353 N Red Bridge Rd Roswell, NM 88201
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    Roswell, NM 88201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    353 N Red Bridge Rd Roswell, NM 88201
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