Ranch Land with Highway
For Sale
$320,000
3406 US 64, Waterflow, NM 87421
LAND - Waterflow, NM
Property SizeContact for details
Lot Size22.71 Acres
Days on Market57
Property Features for 3406 US 64
General Information
Property type
Land
Property subtype
Other
Zoning description
None/County
Interior features
Pantry
Elementary school
Kirtland Schools
Middle school
Kirtland Schools
High school
Kirtland Schools
Subdivision
Waterflow
Standard status
Active
Lot size
22.71 Acres
Taxes and HOA fees
Tax Description
TRACT 1 BEG A NW COR OF SEC 02 29 16, S 307.69 FT AND E 1312.96 FT, THENCE S86'27'W 91.86 FT, N88'50'W 194.93 FT, S81'56
Tax Annual Amount
2680
Legal Description
TRACT 1 BEG A NW COR OF SEC 02 29 16, S 307.69 FT AND E 1312.96 FT, THENCE S86'27'W 91.86 FT, N88'50'W 194.93 FT, S81'56
Listing Agency:
Kirtland Realty
(505) 598-5818
Listed By:
Kara Wood · License #14284
(505) 598-5818
Added: Jun 16
Changed: Jun 17
Last Checked: Aug 11 at 8:06PM
MLS# 26-696
Copyright © 2026 San Juan County Board 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.
This 22.71-acre ranch property is currently in agricultural use and is cross-fenced for livestock rotation and management. Approximately 17 acres are grass hay and pasture irrigated with Jewett Valley Ditch Water. The irrigation system includes a concrete-lined ditch with a documented 1878 irrigation priority, along with a headgate, several valves, and pipe that are described as negotiable. An additional roughly 4 acres north of the ditch are not irrigated and could be suited for a building site, subject to applicable approvals.
The property has approximately 895 feet of highway frontage on US 64 and access from Road 6900 along the northeast corner and northern boundary. Utility access includes electricity. Water service includes two Lower Valley Water lines with a meter.
For buyers looking for an operational ranch setup, the property includes corals, pens, feeders, and water equipment for year-round stock management, including a frost-free spigot and a Richie 4-hole waterer. For buyers exploring a change in use, the seller notes the land could be subdivided or developed for commercial or residential uses; the listing also states that no mineral rights convey and that buyers should verify taxes for their intended use.
The property has approximately 895 feet of highway frontage on US 64 and access from Road 6900 along the northeast corner and northern boundary. Utility access includes electricity. Water service includes two Lower Valley Water lines with a meter.
For buyers looking for an operational ranch setup, the property includes corals, pens, feeders, and water equipment for year-round stock management, including a frost-free spigot and a Richie 4-hole waterer. For buyers exploring a change in use, the seller notes the land could be subdivided or developed for commercial or residential uses; the listing also states that no mineral rights convey and that buyers should verify taxes for their intended use.
Key Highlights
- 22.7 acres in Waterflow, currently in agricultural use with potential for subdivision or development for commercial or residential uses
- Approximately 17 acres in grass hay and pasture irrigated with Jewett Valley Ditch Water via a concrete lined ditch with 1878 irrigation priority
- Irrigation infrastructure includes headgate, several valves, and pipe (negotiable); property is cross‑fenced for livestock rotation and management
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 87421, NM
1,717
Population
644
Households
2.7
Avg Household Size
38
Median Age
8%
College-Educated
78%
High-School Grad
32.7 sq mi
ZIP Area
53
Density / Sq Mi
$49,716
Median Household Income
$32,250
Median Earnings
$1,647
Median Rent
$125,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Ranch acreage with irrigated pasture, cross-fencing, and highway frontage on US 64 for flexible development considerations.
Where is this agricultural land / farmland located?
The property is located at 3406 US 64 Waterflow, NM.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 22.7 acres in Waterflow, currently in agricultural use with potential for subdivision or development for commercial or residential uses; Approximately 17 acres in grass hay and pasture irrigated with Jewett Valley Ditch Water via a concrete lined ditch with 1878 irrigation priority; Irrigation infrastructure includes headgate, several valves, and pipe (negotiable); property is cross‑fenced for livestock rotation and management
