Lake Pasture Ranch

$2,460,000

1 of 10

Lake Pasture Ranch

$2,460,000

Contact Presenting Broker

Bell Tower | KW

505.988.2428

Key Features

  • MLS: 201805168
  • Status: Active
  • Price: $2,460,000
  • Area: 28-San Miguel Cnty
  • Type: Ranch, Working
  • Acres: 1173

About this Property

Welcome to the Lake Pasture Ranch! This unique ranch has significant frontage along Storrie Lake & the State Park. It is 2 miles north of Las Vegas, 1 hr from Santa Fe or 2 hrs from the ABQ Airport. Recreational opportunities on this property include fishing, hunting, hiking and horseback riding. There is a cellular tower on the ridge earning rent of $36,000/yr. The telecommunications company is installing a graded, base coarse road to county standards that runs through the length of the property. Elevations range from 6,600 to 7,200 ft and terrain is open rolling along the lake shore, transitioning to steeper hillside and draws on its western boundary areas. Terrain includes meadows, ponderosa pine, pinion-juniper, and a variety of other trees including oak brush which shimmers red and yellow in the fall. Property has a well on the top of the west ridge producing 40 gal/min, a spring that has been running for 50 years & range stock tanks that fill with rains. There is a 10-inch water line in CRA11A. Property is accessed by 8th Street or County Road A11A, a paved road. The property can also be accessed from State Rd 108 and Lakeview Dr. on the north. Electricity, water, telephone, and a fiber optic lines cross the ranch. Owners indicate they own 100{a275c286b5d81e02444642f5e8054b181bb074590e645dfc4ff1f2cc17a08dfb} of mineral rights that will convey with sale. Multiple additional adjacent parcels are also available from the same portfolio allowing for a total of 1,560 acres, inquire with broker.

Additional Features

  • Type: Ranch, Working
  • Sewage: None
  • Electric: Public
  • Gas: None
  • Days On Market: 44
  • Age: 1000+ Acres

Schools

  • Elementary School: Las Vegas
  • Junior High School: Las Vegas
  • High School: Las Vegas

Listing Brokerage

IDX listing

Tai Bixby Associates

Keller Williams

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The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Bell Tower | Keller Williams are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.