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    #8 Lake Valley, NM 88042

    • Land
    • 40.00 lot acres
    For Sale
    View listing
    $125,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 #8

    Lot size
    40.00 lot acres
    Property type
    Land

    Description

    This exceptional 40-acre parcel presents a unique opportunity in the desirable Lake Valley, New Mexico area. Located within the expansive 23,000-acre Berrenda Creek Ranch, a working cattle ranch and wildlife habitat, this property offers a tranquil setting with stunning Southwestern views. The land boasts open range and is ideally suited for a variety of uses, from building a custom home to enjoying recreational activities. Existing infrastructure includes a well and an electric pedestal, simplifying the development process. The homesites within the ranch are naturally integrated into the existing topography, ensuring privacy and a seamless blend with the surrounding landscape. Situated near the historic ghost town of Lake Valley and outside Hillsboro, this property provides a secluded yet accessible location. The asking price for this remarkable 40-acre tract is $125,000. The property's address is #8 Child Of Water, Lake Valley, NM 88042. This is an exceptional opportunity to own a piece of New Mexico's rich history and natural beauty. Don't miss out on this chance to acquire this remarkable land parcel.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Valley
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.622
    Latitude
    32.7545

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      00 Berrenda Rd

      Land • 3.00 Acres
      00 Berrenda Rd, Hillsboro, NM 88042
      View Details
    • Value Estimation by Request
      40.00 Acres

      13 Cochise Trl

      Land • 40.00 Acres
      13 Cochise Trl, Hillsboro, NM 88042
      View Details
    • Value Estimation by Request
      50.05 Acres

      81 Berrenda Crk

      Land • 50.05 Acres
      81 Berrenda Crk, Lake Valley, NM 88042
      View Details

    Similar Nearby for Sale

    • $125,000
      50.05 Acres

      50-Acre Commercial Land, NM

      Prime NM Land: Nature Conservancy Setting
      81 Berrenda Crk, Lake Valley, NM 88042
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    • $125,000
      40.00 Acres

      40 Acres Lake Valley Land

      Prime 40-acre New Mexico Ranch Land
      0 #8, Lake Valley, NM 88042
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    • Contact for pricing
      Pending

      Vacant Land in Kingston, NM

      Vacant land available for purchase in Kingston, New Mexico.
      Kingston Main, Kingston, NM 88042
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    • $45,000
      3.00 Acres

      Land Near Hillsboro with Well

      Three acre lot with well, suitable for building a home.
      00 Berrenda Rd, Hillsboro, NM 88042
      View Details
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    #8
    Lake Valley, NM 88042
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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
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