New Mexico homes for sale starting at Fifty Thousand Dollars

$4,999,000 - Farmington, NM

3606 English Road Farmington, NM - Allen Elmore, eXp Realty, LLC, C: 505-686-3831, Allen@AE.Properties, www.crenmls.com: ''English & Largo'' An unmatched opportunity to acquire one of the most strategically located and versatile parcels in Farmington, New Mexico — just under an hour from Durango, Colorado. This ±26.17-acre property sits directly across from the Animas Valley Mall, offering unparalleled visibility and access in one of the area's most active commercial corridors. Zoned General Commercial, but potentially commercial, residential, or mixed-use development, the site is ideally suited for a wide range of projects — from retail centers and multi-family housing to hospitality or integrated live-work communities. A comprehensive commercial development plan is included with the sale, providing a valuable head start for investors and developers. Please note: approximately existing VA building will be excluded from the transaction and removed prior to closing. Don't miss this rare opportunity to invest in Farmington's growth corridor. Contact your REALTOR® today for additional details or to schedule a site visit.

$4,995,000 - Cotton City, NM

Off Of Hwy 338 Cotton City, NM - Price Slashed $800,000. Motivated Seller!!! 360-acre Pecan Orchard FOR SALE! Cotton City, NM. 467 acres Total-room to plant more trees!!! Owner has done all the Hard Work! The Trees are Thriving! 360 acres of Pecans - 50% Pawnee, 50% Wichita. Planted 8 and 10 years ago. Bradley Root Stock. UP & Coming Producing Orchard! Very Low Production costs. 4 wells: 2 wells on Natural gas. Well 1 is at 200' & will be deepened to 800'. Well 2 at 600' 500 gpm. Well 3 not used but ran a pivot years ago. Well 4 350' at 250 gpm. Irrigation system will accommodate more trees in the future. Great Return on Investment! Higher Prices for Pecans are expected because of tight supplies. Higher industrial demand. I've never had a Pistachio Pie before and never will! This Orchard could be Certified Organic. There are only a few Pecan Orchards for sale. Don't miss out. Please contact John Conger for more details. 32,10501; -108.883

$4,950,000 - Taos Ski Valley, NM

116 Sutton Place Taos Ski Valley, NM - Be one of the few in New Mexico to enjoy a ski-in/ski-out penthouse. Located in the coveted Taos Ski Valley in a super-prime, slope-side location, this property offers the ultimate in quality and convenience. Built in 2018, this sumptuous Blake Hotel penthouse gives the owner rock-star access to world class skiing, hiking and the amenities of the Village core area. The residence includes two of the highest grade primary suites, a guest bedroom and a bunk room and is spacious enough to accommodate many guests or cater to a small group of friends or family. A private office plus the large family room/media room with a wet bar and wine refrigerator make the space comfortable enough for a long-term stay. With access to all the Blake amenities including the 192 Restaurant, swimming pool, spa, skating rink, retail stores and underground parking, the options for adventure and relaxation are endless. With Taos’ reputation for unpretentious world class skiing, its prime location and the ski area’s owner’s commitment to excellence and respect for the history of this unique ski area, the next owner will enjoy an experience that pays homage to Northern New Mexico and the special nature of the Taos Ski Valley. Video:https://drive.google.com/file/d/1nTQx9pbtCZp8ICs2fs5EH2_iTScBsFnO/view

$4,900,000 - Silver City, NM

Pitchfork Ranch Silver City, NM - The Pitchfork Ranch transports you to a simpler time, where solitude and unspoiled beauty define the landscape. Located 30 miles south of Silver City, New Mexico, rugged mountains give way to the dramatic Chihuahuan Desert, and nine miles of the Burro Ciénaga flow through the heart of the ranch, providing a rare and critical water source. Elevations range from 5150’ to 5650’. Spanning 11,393 acres, including 5,160 deeded acres, 3,597 BLM lease acres, and 2,626 NM State lease acres, the ranch is a hub for wildlife and habitat conservation, and is protected by a Conservation Easement. The Pitchfork Ranch’s reach of the Burro Ciénaga is the only ciénaga being restored on private property in New Mexico. Ciénagas are shallow, slow-moving marsh-like water unique to the American Southwest. With 95 % of ciénaga habitat lost, Burro Ciénaga is an important refuge for wildlife, including at-risk species such as the Chiricahua leopard frog and Gila Topminnow. Recent scientific evidence indicates ciénagas have substantial carbon sequestration, 5 times more than forests and 500 times more than oceans. The Cole Family has invested over a million dollars in the restoration of Burro Ciénaga and surrounds using a combination of private and public funding. After two decades of habitat restoration, this land is now returning to its pre-settlement condition. The ecotone created by the ciénaga and the Chihuahuan desert makes for an incredibly rich biodiversity. Mule deer, foxes, coyotes, mountain lions, javelina, and Gambel’s quail are common here. Elk have become frequent visitors in recent years. Bald and Golden eagles enjoy the solitude. A comical troop of Coatis sometimes gathers near the headquarters. Old West charm, beauty, wildlife, and conservation are central to this property.

$4,750,000 - Santa Fe, NM

4680 San Ignacio Road Santa Fe, NM - Two prime infill sites ripe for commercial development next to San Isidro Plaza. 4860 San Ignacio Rd Lot A-2: 6.811 acres± ($4,125,000). 4635 San Ignacio Rd Lot B: 1.036 acres± ($625,000). $4,750,000 ($13.90/sf) for both lots (7.847 ac±). Located across the street from regional shopping center Santa Fe Place. Nearby businesses include Lowe's, Sprouts, Best Buy, Albertsons, Target, Starbucks, Panera Bread, Ulta, Barnes & Noble, World Market, Dillards and more. 4680 San Ignacio Rd has C-2 commercial zoning which allows for retail, restaurants, multifamily, hospitality, office, religious, educational and more. 4635 San Ignacio Rd has Mixed Use zoning, which allows for residential, retail, restaurants, office, personal services, studios, wellness, educational, community facilities, and live/work units with the condition that MU zoned land can be developed for residential use with up to 50% commercial space. Access available via San Ignacio Road. Close to the busy intersection of Cerrillos Rd (52,000 VPD) and Airport Road (25,000 VPD). City water and sewer in place near the lot line. Public utilities available. Located in an Opportunity Zone. If developed for multifamily housing, this property might qualify for the next round of $30,000,000 of financing from the NMFA Opportunity Enterprise Housing Development Fund – applications are open on a revolving basis – more info at https://www.nmfinance.com/opportunity-enterprise-housing-development-revolving-fund/

$4,724,000 - Alamogordo, NM

2100 Stardust Court Alamogordo, NM - This 52-unit community is nestled in tall pines trees on a cul-de-sac just a short distance to the foothills of the Sacramento mountains and short drive to New Mexico's iconic White Sands national monument.The area economy is driven by the military (Holloman air force base, hope to the 54th Fighter group and the MQ-9 Reaper/Predator Drones.)Built in 1986-1987, this 52 unit community has solid 2''x6'' construction, higher end finishes and vaulted ceilings in the upstairs units. The property contains 24 studios, 24 x 1 bedroom/1 bathrooms and 4 two bedrooms, two of which have garages.Based on an ask price of $4,724,000 the current average rents of $821 per month, the property's measures of investment performance include a 9.22 GRM, 7.50% cap rate before reserves

$4,605,750 - Tierra Amarilla, NM

Tbd Highway 84/64 Tierra Amarilla, NM - This Northern New Mexico Ranch is a Elk Hunting Paradise receiving New Mexico Game and Fish 2022 Elk Permits consisting of 7 Bull Elk, 5 Cow Elk, and 4 Either sex Archery permits. The ranch has an abundance of cover and food to attract large herds of Elk throughout the year and is at an elevation that allows for all season hunts. Ranch is located near both Lake El Vado and Lake Heron as well as the Chama and Brazos Rivers for excellent Trout fishing. Don't miss out on this rare find in the beautiful Chama Valley. An additional +/- 134 acres, owned by a separate seller will be part of the purchase, (+/- 2052 acres total) and executed simultaneously. Cost of additional acreage included in the listed price.

$4,550,000 - Bloomfield, NM

1600 W Broadway Avenue Bloomfield, NM - Five parcel listing located in the heart of Bloomfield, NM. Rare business opportunity to own multiple established businesses in the Four Corners. The parcels include a Truck Wash, a De-Mudding Wash, Two Car Washes, a 108 unit mini storage, a manufactured home and a large shop. Each parcel is listed separately but are sold contingent upon the others.The addresses for all 5 are: 1600 W Broadway 1945 W Broadway 101 Ruth 1019 W Broadway 912 N 1stCap rates for each range from 5.7% to 10.88% and for all five the cap rate is 6.18%.Contact your REALTOR for a private showing and the property brochure for a full breakdown of each business.

$4,500,000 - Santa Fe, NM

84-86 N Shining Sun Santa Fe, NM - Nestled in the lush Nambe Valley approximately 15 miles to the Historic Santa Fe Plaza lies a rare opportunity to own three contiguous lots featuring a newly reimagined adobe estate, featured in the 2024 Haciendas Parade of Homes. This custom-built residence offers approximately 5,683 square feet of refined living with three spacious bedrooms, each with an ensuite bath, plus two additional half baths. A stately office, formal dining room, and informal dining area off the gourmet kitchen provide elegant and versatile spaces for living and entertaining. Interiors showcase hand-applied diamond plaster, brick floors, three fireplaces, and distinctive wood ceiling treatments throughout. Oversized closets with California Closet systems, a two-car garage, and mature cottonwoods add to the home’s comfort and appeal. Covered brick portals wrap the home, offering shaded outdoor spaces perfect for relaxing or entertaining. The property is fully walled and fenced for privacy, and includes two expansive, separately deeded fields offering endless potential—farming, equestrian use, gardens, or future development—supported by historic acequia water rights a private well and a professionally installed irrigation system. A $200,000 landscaping allowance is available with an accepted offer. Some exterior photos have been virtually staged to show possibilities with property. Fires in fireplaces have been photoshopped.

$4,500,000 - Ruidoso, NM

1601 Mechem Drive Ruidoso, NM - SNOWFLAKE RIDGE-APPROX. 230 ACRES!! Zoned PUD and Residential. Fabulous panoramic views. Great development location and potential. City water and sewer available to PUD portion. Some meet Forestry Compliance. North portion is just on the border of the Village limits and the Westerly portion is in the County. Once mentioned as the best hotel site in Ruidoso.

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