Active

State Highway 55 - Land

Estancia, NM 87016
Mark as Favorite
SqFt640

Sqft(Lot)

Offered at approximately $930 per acre -- a full section of around 640 acres (one square mile) nestled in New Mexico's Estancia Valley.Own your view, your quiet, and the distance to the next house. This is a peaceful rural setting with real room to roam: you can ride or walk for hours and still be on your own land. Use it as a tranquil retreat to build a dream home, a working cattle or horse ranch, a long-term investment, or all three.The landA rare contiguous square mile with paved NM Highway 55 frontage on one side and gravel county roads on the other three, so you have easy year-round access and multiple entry points. Perimeter fencing is already in place on all four sides -- a solid foundation for livestock. Wide-open valley space, privacy, and the kind of silence that is hard to find. ImprovementsTwo double-car concrete-block garage/shops give you usable covered space from day one for equipment, tools, or a ranch headquarters.Three wells are on the property (buyer to verify condition, production, and any permits): One well has a pump, pressure tank, well house, and cattle trough. Running water has been observed; the well itself has not been professionally inspected. A second well has power, a pump, and a cattle trough. There is no pressure tank. Water status is unverified. A third well is equipped with a windmill pump, with no electric power or pressure tank. Water status is unverified and the system may need repair.Homesite noteThe original homestead building has been abandoned for decades. It is uninhabitable and unsafe to enter: the roof leaks, the floors are unstable, and it is not salvageable. The septic system, if any, is unknown and is assumed to be unpermitted. Plan on a new homesite building and new waste system if you intend to live on the land.Why it worksA full section with highway frontage, county-road access on three sides, existing shops, fencing, and multiple water sources is uncommon in the Estancia Valley. Build the house you have been picturing, run cattle, keep horses, hold the land as an investment, or simply control a square mile of New Mexico.This appears to be zoned AP-10, so may be able to be subdivided into smaller lots with proper application and approval from Torrance County. Buyer to verify.Buyer to independently verify wells, water rights, fencing, access, septic, utilities, and all improvements. Do not enter the old homestead building.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Land

Price : $595,000

AD Id : 74779547

MLS Id : 1097498

Lot Size : 640 Sq. Ft(Lot)

Tax Amount : $54.24

County : Torrance

  • Map Map

Map

Feature Features

  • Lot Information

    Lot Size Acres: 640 Lot Size Source: Public Records Lot Size Square Feet: 27878400 Lot Description: Level, Meadow, Views

    Property Information

    Subdivision: n/a Source Property Type: Land Zoning Description: AP

  • Listing Price Information

    Listing Price: $595000 Original Price: $895000 Cash, Conventional, Owner May Carry

  • Tax Information

    Parcel Number: 1043035130133000000 Tax Lot: n/a Tax Block: n/a Annual Tax: $54.24

  • Utility Information

    Cable Not Available, Electricity Connected, Natural Gas Not Available, Water Available, Water Connected, Sewer Not Available
  • Location Information

    Direction: From Albuquerque take I-40 E. Go for approximately 35 mi.Take exit 196 toward NM-41/Howard Cavasos Blvd. Turn right onto Howard Cavasos Blvd N (NM-41) toward Estancia. Go for 17.2 mi.Turn right on NM-55. Go approximately 5 miles. Section 7 is on the right. The first corner is at Bluegrass and Hwy 55. The other sides are Peacock Road and Alan Ayers Road West. WaterSource: Private, Well
Sell a home like this and save $35,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LANGLEY Langley Tract 2.., Estancia, NM, 87016 $50,000 -- -- -- 40 Acres(Lot)
Antelope Springs, Estancia, NM, 87016 $35,000 -- -- -- 20 Acres(Lot)
Cricket Lane Lot 19, Estancia, NM, 87016 $10,000 -- -- -- 4.81 Acres(Lot)
1200 5th Street, Estancia, NM, 87016 $75,000 -- -- -- 21.17 Acres(Lot)
W Howell Road, Estancia, NM, 87016 $64,000 -- -- -- 20 Acres(Lot)
West Side Of Firefly Lane, Estancia, NM, 87016 $335,000 -- -- -- 312.58 Acres(Lot)
Columbine (u2 Bc L33) ..., Estancia, NM, 87016 $5,000 -- -- -- 0.99 Acre(Lot)
Cricket Lane, Estancia, NM, 87016 $15,000 -- -- -- 4.83 Acres(Lot)
LOT 117 S, Estancia, NM, 87016 $14,000 -- -- -- 5 Acres(Lot)
Cricket Lane Lot 21, Estancia, NM, 87016 $10,000 -- -- -- 4.81 Acres(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.

ByOwner last updated this listing 09/18/2026 @ 09:47

MLS: 1097498 LISTED BY: Clint Hanley, The Sanchez Group Realty 505-384-3042 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

Homes around $595,000

Selling? Save $35,201 when you sell a home like this

Tour with a ByOwner Agent