Address
1309 State Highway 37 Capitan, NM
Price
$ 40,000,000
Property Attributes
  • MLS#826592
  • TypeLand
  • CountyLINCOLN
  • CityCapitan
  • NeighborhoodHaciendas Del Nogal
  • Zip88316
  • StyleAgricultural
  • Price$ 40,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size20000 Acres
Listing Provided Courtesy Of:
Team Juan Uribe
Property Description

Over the last two decades, the current owner of Vista del Valle Ranch has been purchasing adjacent ranches including Diamond Peak Ranch, Saddle Ridge Ranch, and several other properties adjacent to these ranches, including several mining claims. Today, the ranch offers at least three luxury homes, several cowboy quarters, and at least three hunting lodges for a total of 13 live in structures. The owners of the property generates income through the sale of his purebred horse champions, the sale of the hunting permits to an outfitter for $250,000.00 yearly (the permit called 'Secondary Management Zone' allows the owner to manage the elk, antelope, and wild turkey population. This property is also registered with the 'ELK Private lands Use System - EPLUS'. The property currently runs approximately 600 cow-calf pairs. It is also important to point out that this property comes with a large quantity of water rights. The property is 80 percent of the land between Carrizozo and Nogal, New Mexico.

Price History
4/29/2020 Listed $40,000,000

General Features

Features Horses Permitted, See Remarks
Property SubType Sale
Property Type C
Sewer Septic Tank
Subdivision Haciendas Del Nogal
Topography See Remarks
Type Agricultural
Water Well
Zoning NA

Interior Features

Utilities All Utilities, See Remarks

Exterior Features

General Access Deeded

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 88316

Price
AVG $1.21M
$40M
Visits
AVG 40
97

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