317 Highway 3, Ribera, NM 87560 (MLS# 1054922)

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317 Highway 3, Ribera, NM 87560

$859,000
Property Type: Farm & Ranch Square Footage: 3,522 Lot Size (sq. ft.): 274,428 Status: Active
Current Price: $859,000 List Date: 1/03/2024 Last Modified: 4/23/2024

Description

Amazing property with eight hundred and forty feet of river frontage! This enchanting estate offers a picturesque and tranquil setting, just 45 minutes away from the vibrant city of Santa Fe. Embrace a lifestyle of luxury and versatility with a main house of 1487 sq ft, featuring 3 bedrooms and 2 baths adorned with custom doors, granite countertops, and exquisite alder wood cabinets. As you explore this expansive property, discover two captivating casitas that adds an extra layer of charm. Casita one is a two-story with approximately 600 sq ft, with 1 bedroom and 1 bath, providing unparalleled views. Please read the supplemental description as this beautiful estate has so much upside potential. Transforming this space into your private retreat has limitless possibilities!

Supplements: The second casita, spanning 1435 sq ft, is strategically located within the garage/commercial space. Originally intended as caretaker or live-in security quarters, this space presents an opportunity for customization with some finishing touches. A second additional permitted (LV020104) separate 1,250 gallon septic system was plumbed in and installed 2002. Nature enthusiasts will love the surroundings, as the property is traversed by turkey, bear, mountain lion, deer, hawks, bobcats, and eagles. The 115' deep well ensures a bountiful naturally soft (not hard!) water supply, with the table near to the surface at 25', a water column of approximately 90', 5" well casing and a flow rate of 30 gallons per minute. Perfect for Artists, artisans, car enthusiasts and hobbyists is the 4250 sq ft garage, equipped with four roll up doors, a wood stove and two car lifts (can remain or be removed). There is an adjoining 575 sf wood shop with it's own roll up door. North of the main home there is a 240 sf stand alone shed. The total work & storage area on the property is 5,640 sf. Electrical infrastructure is robust, featuring two 200 amp electric meters and main panels, along with an additional 125 amp subpanel service dedicated to the caretaker casita. The property's versatility extends to the potential for a ranch, orchard, a high-end car garage. Explore the possibilities of a combination indoor / outdoor marijuana grow operation. Considering the included second lot, the property may be developed to include up to two primary houses with multiple casitas and RV spaces. The property was briefly featured in two movies: Red Dawn and Meet the Millers! With many strategically placed freeze-proof hose bibs, very high speed Fiber Optic internet, NMDOT approved entryway, west frontage and north/south sides fencing, a water acequia runs through the middle, this property is both practical and picturesque. The clear Pecos river graces 840' of the east side, adding to the allure of this remarkable estate. Don't miss the chance to make this oasis your own and turn your dreams into reality.

More Information MLS# 1054922

Contract Information

Listing Price: 859000 Current Price: $859,000 List Price/Acre: 243.9 Status: Active

Location

Street #: 317 Street Name: Highway 3 County: San Miguel City/Town Code: Ribera State/Province: NM Zip Code: 87560 Directions: From Sante Fe go east on I-25 to the Ribera exit. Go south approximately 2.8 miles and the gated entrance is on the east side of Highway 3. Geo Lat: 35.359638 Geo Lon: -105.4464 Area: 600 - San Miguel Zone Atlas: NOZA

General Property Description

Property Sub-Type: Farm House on Property: Yes Included: Yes Apx Structured SqFt: 3522 SqFt Source: Broker Acres: 6.3 Lot SqFt: 274428 Lot Size Source: Survey Apx Deeded Acres: 6.3 Subdivided: Yes Livestock Included: No Private Hunting: Yes State Hunting: Yes Title: Fee Simple Flood Zone: No Flood Map

Tax & Legal Info

UPC Code: 1082076204435 Short Legal Desc: S: 15 T: 13 R: 14 TRACT A-B W'IN NE4NW4 S15 T13 R14 GRT Code: 12-012 Current Taxes: 5 Tax Exemption: Yes

Sales Info

Trade/Xch Considered: No

Property Features

Possession: Day of Funding Type Lease: None Hunting: Bear; Birds; Deer; Elk; Lion; Turkey; Water Flow; Other - See Remarks Crops: Other - See Remarks Road Frontage Type: Highway Road Surface Type: Asphalt; Paved Ranch Water: Electric Well; River or Stream; Other - See Remarks Utilities: Cable Connected; Electricity Connected; Propane Leased; Water Connected Wastewater: Other - See Remarks; Septic Tank Water Source: Private Well; Other - See Remarks Improvements: Fenced; Head Qrtrs/Residence; Other Outbuildings Docs/Data Available: Aerial Map; Disclosure Statement; Survey; Other - See Remarks Timber/Mineral Right: Mineral Rts Unknown Irrigation Source: Irrigation Possible; Other - See Remarks Survey: Buyers Expense; Existing Report Topography: Bottom Land; Mostly Level; Terraced Finance Considered: Cash; Owner Financing; Other - See Remarks Zoning: A-1
Listing Office: Equity New Mexico
Last Updated: April - 23 - 2024

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