Many Trcts Olive Lane Lane
Lemitar, NM 87823
57.45Acres(Lot)
57.45 SERENE ACRES IN LEMITAR - WAITING FOR YOUR VISION Once a green chile farm spanning these 57.45 acres (11 combined parcels) in the picturesque Lemitar Valley, you can almost see and smell lush crops growing anew under the warm New Mexico sun and crisp, clean valley air. This versatile land offers endless potential for diversified crops, specialty organics, orchards, vineyards, or a private ranch retreat. Annual Middle Rio Grande Conservancy District water banking has long supported reliable irrigation, laying a strong foundation for sustainable future cultivation. Whether you're an investor, dedicated farmer, or visionary dreamer, this rare property invites you to explore its possibilities. Come visit today and begin planning your next exciting chapter in beautiful New Mexico!
Property Details
Map
Map
Features
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Lot Information
Lot Size Acres: 57.45 Lot Size Source: Public Records Lot Size Square Feet: 2502522 Lot Description: Level, ViewsProperty Information
Subdivision: MRGCD MAP 153 Source Property Type: Land Zoning Description: RA-1
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Listing Price Information
Listing Price: $265000 Cash, Conventional
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Tax Information
Parcel Number: SeeDocuments Tax Lot: N/A Tax Block: N/A Annual Tax: $366
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Utility Information
None, Sewer Not Available -
Location Information
Direction: Turn left onto Calle De Lemitar/ Lemitar Frontage Rd, then turn left on Olive Ln. Go North on Olive to the dirt road that starts on the left just past Rynni Rd. WaterSource: Other
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Lemitar Farm, Lemitar, NM, 87823 | $299,000 | -- | -- | -- | 38.84 Acres(Lot) |
| Olive Lane, Lemitar, NM, 87823 | $57,500 | -- | -- | -- | 3.02 Acres(Lot) |
| Midway Rd./ditch, Lemitar, NM, 87823 | $49,900 | -- | -- | -- | 3.59 Acres(Lot) |
| 34 Lemitar Frontage Road, Lemitar, NM, 87823 | $1,100,000 | -- | -- | -- | 19.48 Acres(Lot) |
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ByOwner last updated this listing 06/18/2026 @ 16:46
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