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398 Pine Road

Capitan, NM 88316
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Bed 6

Bed

Bath 8

Bath

SqFt9,978

Sqft

Acres140

Acres(Lot)

Welcome to Crown T Estate—a truly extraordinary opportunity where expansive skies, rolling terrain, and the rugged beauty of New Mexico converge. Situated on 140± acres within Lincoln County’s prestigious Ranchos de Caballos Estates, this unfinished yet exceptional 9,978± sq ft custom home offers both scale and vision. Built to showcase the expansive views of Sierra Blanca and the Capitan Mountains, the three-story residence—begun in 2022—is approximately 85% complete. With key infrastructure complete, skip the long wait times and skyrocketing construction costs. New builds in this region can take 2–3+ years and incur hundreds of thousands in soft costs before construction even begins. Instead, customize the finishes, fast-track your timeline, and create your forever escape. With architec tural renderings available for review. Most of the essential materials have been carefully selected, purchased, and are currently stored on the property. From cozy fireplaces to view-filled windows and family-friendly living spaces, the home was thoughtfully planned for both warmth and connection. Over 6,500 sq ft on the main level provides ample space for multi-generational living, entertaining, or creating a full ranch-style compound. Crown T Estate offers the scale, setting, and flexibility to bring your vision to life. A thoughtfully designed barn offering both high-end functionality and exceptional multi-use space, this well-appointed facility overlooks a potential arena site and features spacious 14’ x 14’ stalls, providing ample room and comfort for horses and other livestock. Spanning approximately 5,716± sq ft (buyer to verify), the barn blends practical utility with modern comfort—making it ideal not only for ranch operations but also as a flexible venue for entertainment, guest accommodations, and workspace. Equipped with a dedicated veterinary suite, the barn supports great on-site animal care. Processing and breeding areas enhance operational efficiency for livestock management, while the potential arena location makes this an excellent setup for training, competition preparation, or recreational riding. In addition to its residential and recreational elements, the barn includes substantial space for equipment storage, feed, and tack. This facility delivers the infrastructure and versatility to support both a fully functioning ranch and a multi-purpose lifestyle hub. Whether you're managing livestock, hosting guests, or crafting a personalized living or working environment, this barn is built to exceed expectations. Located in Game Management Unit 37 (GMU 37), this property sits in prime big game country, offering exceptional hunting and wildlife opportunities. The diverse terrain provides excellent habitat for elk, mule deer, antelope, and Barbary sheep, drawing a wide range of game throughout the seasons. The area is especially well known for producing trophy bull elk and pronghorn, making it a highly sought-after destination for big game hunters. With the property bordering New Mexico State Land, it opens access to even broader areas for hunting, glassing, and recreation—expanding the opportunities well beyond the deeded acreage. Ranchos de Caballos Estates, is one of New Mexico’s premier large-acreage communities, known for its privacy, natural beauty, and expansive views. This exclusive setting offers seclusion without sacrificing convenience. Saddle up for a morning ride, host unforgettable gatherings with mountain backdrops, or unwind under New Mexico's star-filled skies. 398 Pine Lodge Rd offers scale, serenity, and limitless potential—all in one of New Mexico’s most scenic, storied regions. Whether you're a hunter, a horse lover, or just seeking a peaceful, private haven to reconnect with nature, this property offers unmatched opportunity.

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Detail Ic Property Details

Property Type : Residential

Price : $5,000,000

AD Id : 85104316

MLS Id : 20255411

Beds : 6

Lot Size : 140 Acres

Living Area Size : 9,978

Year Built : 2022

Garage : 3

County : Lincoln

Subdivision: Southern Heights

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 8 Full Baths: 5 Half Baths: 3
  • Heating & Cooling

    Heating: None

  • Building Information

    Year Built: 2022 Building Area Total: 9978 Private Pool: No

  • Lot Information

    Main Square Feet: 140 Acres Lot Size Acres: 140 Lot Size Square Feet: 6098400 Lot Description: Irregular Lot

  • Listing Price Information

    Listing Price: $5000000 Original Price: $9495000

  • Tax Information

    Parcel Number: 4078047504273000000 Tax Year: 2025 Annual Tax: $17808.96 Tax Legal Desc: Parcel: 4078047504273000000 Legal to be provided by Title

  • Parking Information

    Parking Total: 3 Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 3
    Homeowners Association Information
    Has Association: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
110 Gilbert Road, Capitan, NM, 88316 $389,500 2 2 768 768 SqFt
428 Fort Lone Tree Road, Capitan, NM, 88316 $695,000 3 2 1,629 1,629 SqFt
185 Fort Lone Tree Road, Capitan, NM, 88316 $949,000 3 3 2,605 2,605 SqFt
398 Pine Lodge Road, Capitan, NM, 88316 $5,000,000 6 8 9,978 9,978 SqFt
331 Pine Lodge Road, Capitan, NM, 88316 $4,100,000 3 4 2,500 2,500 SqFt
103 E 2nd Street, Capitan, NM, 88316 $130,000 4 1 1,341 1,341 SqFt
111 La Cumbre, Capitan, NM, 88316 $294,000 3 2 1,500 1,500 SqFt
101 Salado Drive, Capitan, NM, 88316 $194,500 3 2 1,314 1,314 SqFt
8429 Us Highway 380, Capitan, NM, 88316 $160,000 2 2 938 938 SqFt
8412 Us Highway 380, Capitan, NM, 88316 $685,000 4 3 3,614 3,614 SqFt

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.

ByOwner last updated this listing 07/16/2026 @ 15:48

MLS: 20255411 LISTED BY: Dan Murphy, M4 Ranch Group 970-209-1514 SOURCE: New Mexico MLS

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