Commercial Land with Horse
For Sale
$187,000
Pending
5 Chestnut Street, Mimbres, NM 88049
COMMERCIAL - Lake Roberts, NM
Lot Size6.26 Acres
Days on Market50
Property Features for 5 Chestnut Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Lake Roberts
Lot features
Cleared, Level, Rural Lot, Stream Creek, Trees Large Size, Wooded
Directions
Located west of the Lake Roberts General Store & Cabins on Highway 35. Watch for realtor sign at driveway on south side of road just a few hundred feet west of the cabins. Tract 1A also spans the south side of the creek, accessible by taking Chestnut to Mulberry and taking a right on Mulberry Dr.
Standard status
Pending
APN
R080779 & R000971
Lot size
6.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Subd: LAKE ROBERTS Tract: 1A PT TRACT I 4.60 AC and Subd: LAKE ROBERTS Tract: 1B PT TRACT I 1.66 AC
Tax Annual Amount
338
Legal Description
Subd: LAKE ROBERTS Tract: 1A PT TRACT I 4.60 AC and Subd: LAKE ROBERTS Tract: 1B PT TRACT I 1.66 AC
Utilities
Utilities
Propane
Sewer type
Septic Needed
Listing Agency:
eXp Realty, LLC
(505) 554-3873
Listed By:
Lauren Gueswel · License #REC-2024-0490
(575) 727-4399
Added: Jun 12
Changed: Jun 13
Last Checked: Jul 31 at 2:06AM
MLS# 41275
Copyright © 2026 Silver City Regional MLS. 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 6.26-acre parcel in Lake Roberts is offered as commercial land, combining two tracts within the Lake Roberts Subdivision covenants. The property is described as the only lot in the subdivision that allows horses and permits up to five horses. Sapillo Creek runs through the site, and the landscape includes mature cottonwoods, junipers, willows, and ponderosas, along with seasonal wildflowers.
Access is provided via a community well, and power service is already at the property line. The parcel is about one mile from Lake Roberts, which is noted in the remarks for fishing, and it borders Hunt Units 16B and 24.
For buyers seeking land that can support outdoor living and equestrian use alongside commercial eligibility under the subdivision covenants, this site offers a flexible build opportunity. With established water access and nearby recreational features, it can be considered for a range of business or personal uses consistent with the stated commercial covenants and the horse allowance.
Access is provided via a community well, and power service is already at the property line. The parcel is about one mile from Lake Roberts, which is noted in the remarks for fishing, and it borders Hunt Units 16B and 24.
For buyers seeking land that can support outdoor living and equestrian use alongside commercial eligibility under the subdivision covenants, this site offers a flexible build opportunity. With established water access and nearby recreational features, it can be considered for a range of business or personal uses consistent with the stated commercial covenants and the horse allowance.
Key Highlights
- 6.26‑acre property in the Lake Roberts Subdivision, combining two tracts
- Commercial use allowed per subdivision covenants, and horses are permitted (up to 5 horses)
- Sapillo Creek runs through the property, with mature cottonwoods, junipers, willows, and ponderosas
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Demographics for 88049, NM
973
Population
544
Households
1.8
Avg Household Size
62
Median Age
65%
College-Educated
100%
High-School Grad
474.3 sq mi
ZIP Area
2
Density / Sq Mi
$46,667
Median Household Income
$39,580
Median Earnings
$177,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 6.26-acre commercial lot in Lake Roberts with water access and power at the property line, allowing up to five horses.
Where is this commercial land located?
The property is located at 5 Chestnut Street Mimbres, NM.
What is the asking price?
The asking price for this property is $187,000.
What are key features of this property?
This property features: 6.26‑acre property in the Lake Roberts Subdivision, combining two tracts; Commercial use allowed per subdivision covenants, and horses are permitted (up to 5 horses); Sapillo Creek runs through the property, with mature cottonwoods, junipers, willows, and ponderosas
