Us Highway 70, Ruidoso Downs, NM 88346 (MLS# 1033586)

Us Highway 70, Ruidoso Downs, NM 88346

$2,900,000
Property Type: Farm & Ranch Lot Size (sq. ft.): 5,662,800 Status: Active
Current Price: $2,900,000 List Date: 5/01/2023 Last Modified: 4/30/2024

Description

A prime location ranch ready for an upscale mountain home or a small development of secluded and exclusive executive retreats. The 130 acre Mira Loma Ranch is located directly across US Highway 70 from the Ruidoso Downs Race Track. A MapRight map is included showing the location, very approximate boundaries, and some features. It is about 10 minutes from downtown Ruidoso and yet embodies what New Mexico rural mountain life can be. Abounding in peace and quiet, but close to outdoor recreation, skiing, horse racing, and the culture of Southern New Mexico, Ruidoso, and the Sacramento Mountains. Plat consists of 7 sub-divided adjacent parcels. Prop. Tax estimate not available. See LO/SO remarks for much more information. Contact Broker for Water Rights information.

More Information MLS# 1033586

Contract Information

Listing Price: 2900000 Current Price: $2,900,000 Status: Active

Location

Street Name: Us Highway 70 County: Lincoln City/Town Code: Ruidoso Downs State/Province: NM Zip Code: 88346 Directions: Contact broker for directions. Property is located directly across US Highway 70 from Ruidoso Downs Race Track. Geo Lat: 33.321886 Geo Lon: -105.606176 Area: 500 - Lincoln Zone Atlas: NOZA

General Property Description

Property Sub-Type: Ranch House on Property: No Included: No Acres: 130 Lot SqFt: 5662800 Lot Size Source: Survey Apx Deeded Acres: 130 Subdivided: Yes Livestock Included: No Private Hunting: No State Hunting: No Title: Fee Simple Flood Zone: No Flood Map

Tax & Legal Info

UPC Code: 4076065151315000000 Short Legal Desc: Tracts 2A, 5, A, B, C, D, and Lot 26 on replat of Tract 2 and Tract 6 in Cabinet I, Slide No. 103 GRT Code: 26-501 Current Taxes: 7755 Tax Exemption: No

Acreage Info

Apx Water Rits Acres: 8.6 Permitted Rights: 27.52

Sales Info

Trade/Xch Considered: No

Property Features

Possession: Day of Funding Type Lease: None Road Frontage Type: Easement; Public Road Ranch Water: Springs; Other - See Remarks Utilities: Electricity Available; Phone Available; See Remarks Wastewater: None Water Source: Private Well; Other - See Remarks Docs/Data Available: Aerial Map; Development Plans; Plat Map Timber/Mineral Right: All Owned Tim. Inclu; No Mineral Rights Irrigation Source: Other - See Remarks Irrg System/Power: Other - See Remarks Survey: Existing Report Topography: Mountainous; Plateau Finance Considered: Cash; Conventional Zoning: R-1
Listing Office: Republic Ranches, LLC
Last Updated: April - 30 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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