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91 Acres Riverfront Farmland Investment
For Sale
$3,500,000

CR 39 and 41, Velarde, NM 87582

LAND - Velarde, NM

Property SizeContact for details
Lot Size117.00 Acres
Days on Market620

Property Features for CR 39 and 41

General Information

Property type Land
Property subtype Other
Zoning description County
Vegetation Grassed
Fencing Fenced
Lot features Horse Property, Ranch, Views, Waterfront, Flat, Level
Directions DIRECTIONS FROM TAOS Follow NM-68 towards Espanola south of Velarde to CR 39. Turn right onto CR39, follow to CR 41 and turn left. Look for white gate immediately on your right - entrance to property. DIRECTIONS FROM SANTA FE / ABQ Follow NM-68 north of Espanola through Alcalde and before Velarde, turn left onto CR 39, follow to CR 41 and turn left. Look for white gate immediately on your right - entrance to property.
Subdivision RIO ARRIBA
Standard status Active
Lot size 117.00 Acres

Taxes and HOA fees

Tax Description TBD Survey & Title
Legal Description TBD Survey & Title

Utilities

Sewer type Unknown
Water source Well Needed
Water front features River Access
Water front 1
Listing Agency: Berkshire Hathaway Home Services Taos Real Estate 2
Listed By: Cyndi Gonzalez · License #51130
Added: Dec 5, 2024 Changed: May 29 Last Checked: Aug 17 at 5:06PM
MLS# 112637

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Farms

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 87582, NM

1,432
Population
598
Households
2.4
Avg Household Size
45
Median Age
51%
College-Educated
98%
High-School Grad
23.0 sq mi
ZIP Area
62
Density / Sq Mi
$154,618
Median Household Income
$71,045
Median Earnings
$328,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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 CR 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.
More about this property
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