Building Details

Year Renovated 2022

Listing Agency: Gerald Chavez Realty

Listed By: Clarissa Chavez-Rivera · License #11406 Show Phone

Source: Crexi

Added: Jul 5 Changed: Aug 14 Last Checked: Sep 7 at 2:57AM

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Investment Insights

Based on property information with market context.

This irrigated equestrian farm includes pre-1907 water rights and a Southwestern-style house with Saltillo tile, 12' tongue-and-groove ceilings, and Belen Quarry marble counter surfaces. A 2022 remodel added a rubber membrane roof, new windows, a furnace, refrigerated A/C, and a tankless water heater. The home offers a large living room, formal dining, and a sunroom, with a main suite that includes a roll-in shower and walk-in closet. The 2-car garage has been converted into an art studio, and there is a double-carport with additional storage, plus a shed and boxcar.

Located next to the Rio Grande, the property is set on 19 irrigated acres and is improved with a 4-stall barn with a tack room, a 10x20 Arrow shade, and a 180x220 arena. Outdoor plantings include several fruit trees, herbs, and flowers.

Equestrian and wildlife features include a double-carport storage area and listed wildlife such as mule deer, white-tail deer, javelina, turkey, and waterfowl. The remarks also note “In Unit 14” with a yearly depredation hunt.

Key Highlights

• 19 irrigated acres with pre‑1907 water rights next to the Rio Grande
• 2022 remodel: new rubber membrane roof, windows, furnace, refrigerated A/C, and tankless water heater
• Southwestern home features include Saltillo tile, 12' tongue & groove ceiling, and Belen Quarry marble counters

Property Analytics

Property Profile

Current Use

Farms

Lease Details

Yes

Water rights

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 87062, NM

1,709

Population

700

Households

2.4

Avg Household Size

41

Median Age

12%

College-Educated

79%

High-School Grad

85.5 sq mi

ZIP Area

20

Density / Sq Mi

$33,047

Median Household Income

$27,827

Median Earnings

$82,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

Farm - Irrigated farm with pre-1907 water rights, Southwestern residence, and equestrian facilities including an arena and 4-stall barn.

Where is this farm located?

The property is located at 87 Camino Ulibarri Veguita, NM.

What is the asking price?

The asking price for this property is $1,462,100.

What are key features of this property?

This property features: 19 irrigated acres with pre‑1907 water rights next to the Rio Grande; 2022 remodel: new rubber membrane roof, windows, furnace, refrigerated A/C, and tankless water heater; Southwestern home features include Saltillo tile, 12' tongue & groove ceiling, and Belen Quarry marble counters