78 Drake Road
Edgewood, NM 87015
3
Bed
2
Bath
1,190Sqft
40Acres(Lot)
New Price! Seller financing may be available with acceptable terms. Rare opportunity to own 40 usable acres in Edgewood with a move-in ready 3BR/2BA home, private well, septic, and infrastructure already in place. Ideal for homesteading, hobby farming, horses, livestock, RVs, equipment, or simply enjoying a private country lifestyle with wide-open skies and mountain views. The home features refrigerated A/C, electric forced-air heat, and a woodstove for backup. Property includes a 3,000-gallon cistern, garden area with drip irrigation, 3-car carport, 40' storage container, two greenhouses, and chicken coop/run (chickens may convey). Matterport 3D tour available. Acreage may offer future development or split potential, subject to county approval and buyer due diligence.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2 -
Flooring Information
Carpet, Vinyl -
Roofing Information
Metal -
Interior Features
Ceiling Fan(s), Kitchen Island, Master Downstairs Roof: Metal Appliances: Dishwasher, Free-Standing Electric Range, Refrigerator Laundry Features: Electric Dryer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Wood Stove, Electric, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s)
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Building Information
Year Built: 2016 Building Area Total: 1190 Stories: 1 Private Pool: No -
Exterior Features
Exterior Features: Private Yard
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Lot Information
Lot Size Acres: 40 Lot Size Source: Public Records Lot Size Square Feet: 1742400 Lot Description: Views
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Listing Price Information
Listing Price: $399000 Original Price: $439000 Cash, Conventional, FHA, Owner May Carry, VA Loan
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Tax Information
Parcel Number: 096008482 Annual Tax: $824.45
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Virtual Tour
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School Information
Elementary School: South MountainJunior High School: EdgewoodSenior High School: Moriarty -
Utility Information
Electricity Connected -
Location Information
Direction: Follow I-40 E to NM-344 N in Edgewood. Take exit 187. Follow NM-344 N to Drake Rd. Turn right onto Drake Rd. 78 Drake Rd. will be on the left. WaterSource: Private, Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1 Pony Express Drive, Edgewood, NM, 87015 | $245,000 | 3 | 2 | 1,093 | 1,093 SqFt |
| 4 Forest Court, Edgewood, NM, 87015 | $340,000 | 5 | 2 | 2,052 | 2,052 SqFt |
| 25 Quail Run East, Edgewood, NM, 87015 | $175,000 | 2 | 2 | 920 | 920 SqFt |
| 6 Thunderchief Lane, Edgewood, NM, 87015 | $300,000 | 3 | 2 | 1,571 | 1,571 SqFt |
| 132 V-hill Road, Edgewood, NM, 87015 | $176,000 | 3 | 3 | 1,625 | 1,625 SqFt |
| 51 Living Water Road, Edgewood, NM, 87015 | $269,000 | 3 | 2 | 1,440 | 1,440 SqFt |
| 34B Skyline Drive, Edgewood, NM, 87015 | $290,000 | 3 | 2 | 1,918 | 1,918 SqFt |
| 2 Windswept Road, Edgewood, NM, 87015 | $289,900 | 3 | 2 | 1,749 | 1,749 SqFt |
| 22 El Prado Drive, Edgewood, NM, 87015 | $365,000 | 5 | 3 | 2,001 | 2,001 SqFt |
| 3 Northland Court, Edgewood, NM, 87015 | $350,000 | 3 | 2 | 1,440 | 1,440 SqFt |
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ByOwner last updated this listing 06/08/2026 @ 01:47
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