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    Nm-215 El Rito, NM 87530

    For Sale
    $220,000

    LAND - El Rito, NM

    Lot size:
    4.44 Acres
    Days on Market:
    225
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for Nm-215

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Grassed
    Lot size
    4.44 Acres

    Utilities

    Sewer type
    Septic Needed

    Mountain Sky Realty (505) 920-4352

    Listing agent Matthew G. Kreitzer (505) 920-4352 License #REC20240713

    Listing date Apr 29, 2025

    MLS# 202500321 Listing URL

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

    Overview

    El Rito Valley Homestead Land

    Located in the El Rito Valley, just outside of the town of El Rito, this 4.44-acre agricultural/residential property is suitable for a homestead. Situated approximately equidistant from Taos and Santa Fe, it offers access to cosmopolitan activities and shopping. Overlooking the El Rito River, the grassland acreage features ditch irrigation rights and has been carefully mown. Public elk and deer hunting land is readily accessible. Community water is available, and electricity is at the property line. The property is fenced on three sides, with the fourth side situated on the steep riverbank.
    Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Map

    City
    El Rito
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.15794
    Latitude
    36.32127

    FAQs

    What type of property is this?
    Agricultural property - Agricultural/residential land in El Rito Valley with irrigation rights.
    Where is this agricultural property located?
    The property is located at Nm-215 El Rito, NM.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - 4.44 acres of grassland with ditch irrigation rights, ideal for agricultural use.; - Scenic views overlooking the El Rito River.; - Conveniently located approximately one hour from both Taos and Santa Fe.
    (505) 920-4352
    Request Owner's contact information
    Nm-215 El Rito, NM 87530
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    El Rito, NM 87530
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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
    Nm-215 El Rito, NM 87530
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