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Riverfront Farm with Water Rights
For Sale
$399,000

29224 Us Highway 70, Picacho, NM 88343

Agricultural acreage with river frontage, mature apple trees, and established water rights.

Property SizeContact for details
Days on Market114

Property Features for 29224 Us Highway 70

General Information

Standard status Active
Property subtype Residential

Taxes and HOA fees

Annual Taxes $2,081
Listing Agency: Coldwell Banker Legacy
Listed By: Voula Chronis · License #54891
Source: Exprealty
Added: May 10 Changed: Aug 31 Last Checked: Aug 30 at 11:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Legacy

Investment Insights

Based on property information with market context.

This 11.54-acre farm includes 19.5 acres of water rights, a mature orchard planted with 75-year-old apple trees, and direct relationship to the Hondo River along the western bank and eastern portion of the property. The land has historically remained free of hunting, with deer and elk using the orchard area.

The property is located along U.S. Highway 70 near Picacho, with Ruidoso Downs, Ski Apache, and the Picacho Mansion R.O. Anderson Estate among the nearby attractions. Roswell is approximately 30 miles east along U.S. 70, where daily American Airlines service is available. The acreage is also identified as a setting for a private gateway home in a rural environment.

Key Highlights

  • 11.54‑acre farm with 19.5 acres of water rights
  • Hondo River borders the western bank and reaches the eastern portion of the property
  • 75‑year‑old apple trees throughout the orchard

Property Analytics

Current Use

Waterfront Land

Location Intelligence

Demographics for 88343, NM

58
Population
47
Households
1.2
Avg Household Size
19
Median Age
63%
High-School Grad
284.6 sq mi
ZIP Area
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Farm - Agricultural acreage with river frontage, mature apple trees, and established water rights.
Where is this farm located?
The property is located at 29224 Us Highway 70 Picacho, NM.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 11.54‑acre farm with 19.5 acres of water rights; Hondo River borders the western bank and reaches the eastern portion of the property; 75‑year‑old apple trees throughout the orchard
More about this property
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