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    39 And 41 Velarde, NM 87582

    For Sale
    $3,500,000

    LAND - Velarde, NM

    Lot size:
    117.00 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 8 at 6:06 pm

    Property Features for 39 And 41

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Grassed
    Fencing
    Fenced
    Lot size
    117.00 Acres

    Utilities

    Sewer type
    Unknown
    Water source
    Well Needed
    Water front features
    River Access
    Water front
    1

    Berkshire Hathaway Home Services Taos Real Estate (575) 758-5478

    Listing agent Cyndi Gonzalez (575) 758-5478 License #51130

    Listing date Oct 8, 2025

    Copyright © 2025 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    91 Acres Riverfront Farmland Investment

    The Cottonwood Ranch presents an investment opportunity, encompassing 91 acres of mixed irrigated farmland and a bosque of cottonwood trees. The property includes a historic fruit tree orchard and offers annual hay production. Included with this property are 157.44 acre-feet of pre-1907 senior Rio Grande water rights through the Acequia Madre, ensuring irrigation. The land offers vistas and opportunities for development. Additionally, the property features 25.97 acres of commercial land located adjacent to NM Highway 68, enhancing accessibility and visibility for potential business ventures. All tracts have access via Rio Arriba County Roads 39 and 41. This site presents the opportunity to build a hacienda-style ranch or to develop residential homes. Conveniently located for commuting to Los Alamos, Santa Fe, and Taos, The Cottonwood Ranch offers rural charm with accessibility. The property totals 117 acres.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Velarde
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.0235763
    Latitude
    36.12651533

    Nearby Similar for Sale

    • $999,000
      2,000 SF

      Hydroponic Farm with Riverfrontage

      7.5-acre hydroponic farm with 2,000 sq ft home.
      64 Private Dr, Velarde, NM 87582
      View Details

    FAQs

    What type of property is this?
    Farm - 91 acres of farmland with senior water rights.
    Where is this farm located?
    The property is located at 39 And 41 Velarde, NM.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - 91 acres of prime riverfront property with STUNNING VISTAS and diverse development opportunities.; - Includes 157.44 acre-feet of pre-1907 senior Rio Grande water rights through the Acequia Madre.; - Features 25.97 acres of commercial land ADJACENT TO NM HIGHWAY 68, offering high visibility and accessibility.
    (575) 758-5478
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    39 And 41 Velarde, NM 87582
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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.

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    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
    39 And 41 Velarde, NM 87582
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