Mike Cozby - Coldwell Banker Legacy
736 Upham (jornada Lakes Ranch) Rd
Elephant Butte, NM 11111

$1,150,000

Description

If you are searching for an exceptional value in a rural ranch, don't pass up this working cattle operation, Jornada Lakes Ranch. Located close to Space America, the ranch has over 984 deeded acres plus 4946 acres of leased BLM land. State of the art gathering pens, calving pens, branding pens, hay barn, scale house, and large workshop make the job easier. The property also has 8 miles of fencing, 3 wells, 2 pastures, several storage buildings, and other extras. Small apartment with kitchen area, bedroom, and bath added to one of the storage buildings, paved rood frontage, and 360 degree views make this one a winner. The location has close access to the spaceport making a great investment opportunity. Property can be divided to suit different needs. Easy to purchase with owner financing available.

Details

MLS#738566
Sub-TypeResale
StatusActive
Days On Site260

Features

ZoningRR
Acreage492.00

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Area Information

StateNM
CityElephant Butte
Zip Code11111
AreaSIERRA
Listing VS Median (in 11111)
Price:
$1,150,000
low | high
Med:
$159,950
100% of Average
On Site:
260
low | high
Med:
53.5
100% of Average
Listing Updated: 09/25/2018
MLS Number: 738566
Listing Provided By:
Dona Stout  of  RE MAX Classic Realty