37 Willow Lane - Home Place Ranch
Las Vegas, NM 87701

$1,230,000

Description

Looking for water? This oasis of a property has over 2,000 ft of frontage on the Gallinas River, two spring-fed ponds, a well and 46.2 acres of irrigated alfalfa pasture with water rights. This lush multi-use rural home site and farm on 130 acres is 2.3 miles north of Las Vegas, NM, right around the corner from Storrie Lake, 1 hour from Santa Fe, and 2 hours from the Albuquerque airport. Improvements on the property include a 2,934sf main house, a guest home measuring 1,328sf and a single wide trailer at 708sf, an old barn measuring 3,641sf, a hay barn measuring 1,800sf, two equipment sheds, two garages, several auxiliary structures and storage sheds. The river frontage is heavily treed with mature trees. This property is suitable for farming, horses, livestock, recreation, fishing, aquaculture, further development, and residential use. Many possibilities! Very few properties have this much water so close to Las Vegas and Storrie Lake. Water rights consist of 21.0 acres in subfile GR-20.11 and 25.2 acres in Subfile GR-21.4. Combined the total is 46.2 acres of irrigated pasture. These subfiles are referenced in the Fifth Judicial District Court Consent Order filed by the District Court Clerk on 10/26/1995. Four additional adjacent parcels are also available with views, more river frontage, ponds, and Storrie Lake frontage ranging from 56 acres to over 1,100 acres. Inquire with broker.

Details

MLS#201805167
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site237

Features

Bed(s)3
Bath(s) 2 Full
SQ Feet4,262
Story(s)NA
Water FrontYes

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Area Information

StateNM
CountySan Miguel
CityLas Vegas
Zip Code87701
Area28-San Miguel Cnty
Elementary SchoolLas Vegas
Middle SchoolLas Vegas
High SchoolLas Vegas
Listing VS Median (in 87701)
Price:
$1,230,000
low | high
Med:
$181,500
100% of Average
SqFt:
4,262
low | high
Med:
1,525
100% of Average
$ / SqFt:
$289
low | high
Med:
$130
100% of Average
On Site:
237
low | high
Med:
187.5
100% of Average
Listing Updated: 06/19/2019
MLS Number: 201805167
Listing Provided By:
Tai Bixby Associates  of  Keller Williams