Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    475 Stevens St Raton, NM 87740

    For Sale
    $659,000

    Ranch - Raton, NM

    Type:Ranch
    Lot size:
    2.50 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 475 Stevens St

    General Information

    Property type
    Farm
    Property subtype
    Ranch
    Standard status
    Active
    APN
    1136186055517
    Lot size
    2.50 Acres

    Building Details

    Architectural style
    Ranch

    Home Associates, Inc. (575) 686-8486 [email protected]

    Listing agent Wesley Seneff (575) 686-8486

    Listing date Sep 29, 2025

    MLS# 20235145 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

    Authentic Adobe Home with Horse History

    This historically significant adobe home offers southwest architectural splendor. The property, formerly the La Loma Stud farm for thoroughbred racehorses, has been lovingly maintained by the same family for nearly a century. Situated on 2.5 acres, the setting is private and quiet. The spacious open concept great room features a beautifully ornate two-sided fireplace, hand-hewn wood vigas, and picture window views of the well-manicured front yard. The home offers over 3000 sqft of authentic adobe construction. Inside, warm colors and textures create an inviting atmosphere. Large windows provide copious amounts of natural lighting, especially in the south-facing sunroom, which is perfect for enjoying morning coffee. The home includes three bedrooms, a family room, three nicely remodeled bathrooms, and a tastefully updated kitchen. Additional accommodations are available as well.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Raton
    County
    Colfax
    State
    New Mexico
    Longitude
    -104.42911
    Latitude
    36.913712

    Nearby Similar for Sale

    • $250,000
      2,200 SF

      Commercial Building in Raton, NM

      Commercial building featuring seven offices, suitable for medical or general use.
      130 S 3Rd St, Raton, NM 87740
      View Details
    • $350,000
      99,500 SF

      Raton, NM Mobile Home Park

      21-pad mobile home park with city utilities and mature trees.
      1134 Emerson St, Raton, NM 87740
      View Details
    • $750,000
      33,850 SF

      Raton NM Retail/Office Spaces

      Retail/office/warehouse spaces with consistent income in Raton, NM.
      1283 S 2Nd St, Raton, NM 87740
      View Details
    • Contact for pricing

      Historic Adobe Equestrian Property

      Authentic adobe home on 42 acres, perfect equestrian setup.
      475 Stevens Ave, Raton, NM 87740
      View Details
    • $299,900
      5,056 SF

      Raton Bar & Manufactured Home

      High-traffic location, income potential!
      127 Clayton Rd Rd, Raton, NM 87740
      View Details
    • $299,900

      Raton Commercial Property: Office & Bar

      Prime Raton location, office & bar, large lot.
      127 Clayton Rd Rd, Raton, NM 87740
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Historically significant adobe home on 2.5 acres, former thoroughbred farm.
    Where is this horse & equestrian property located?
    The property is located at 475 Stevens St Raton, NM.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: - Authentic adobe construction with historical significance as the former La Loma Stud farm.; - Spacious open concept great room with ornate two-sided fireplace and hand-hewn wood vigas.; - Private and quiet 2.5-acre property.
    (575) 686-8486
    Request Owner's contact information
    475 Stevens St Raton, NM 87740
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    475 Stevens St
    Raton, NM 87740
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    475 Stevens St Raton, NM 87740
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.