1002 Highway 518 new

Sapello,NM 87745

$ 700000

- Bed

0 Bath

1523 SqFt


Key Details

Property Type Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Square Footage 1,523 sqft

Price per Sqft $459

MLS Listing ID 202504121

Lot Size 165.480 Acres

Property Sub-Type Farm

Property Description

Welcome to a delightful riverfront property spanning 165 acres with beautiful frontage along the Sapello River. This land features a three-bedroom, one-bath adobe home built in 1940 that offers a cozy and inviting living space.
The property is equipped with two wells and 39 acre-feet of water rights, ensuring a reliable water supply. Located just 15 minutes from Las Vegas on Highway 518, it provides both tranquility and easy access to nearby amenities.
A forested hillside creates a natural barrier along northern portions of the property, offering a sense of seclusion from the highway. Additionally, the property has an adobe ruin, adding historical charm and potential for restoration or creative projects.
Whether you're looking for a peaceful getaway, a place to enjoy outdoor activities, or a unique investment opportunity, this riverfront property offers a variety of wonderful possibilities.

Location

State NM

County San Miguel

Zoning Other

Exterior

Exterior Feature Fence

Fence Barbed Wire

Utilities Available Electricity Available

Waterfront Description River Access

Building

Sewer Septic Tank

Water Private,Well

Schools

Elementary Schools Unknown

Middle Schools Unknown

High Schools Robertson High

Others

Acceptable Financing Cash,Conventional,New Loan

Listing Terms Cash,Conventional,New Loan

Special Listing Condition Standard

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