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Listed price in listed location currency (USD).
$4,250,000

663

MLS® 202503538

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 4200 sqft
Garage Yes
Taxes 
Days Active 122
Lot Size 74.54 acres
Approx. Age 2007
Avg. Price Per Sqft $1,011
MLS® Number 202503538

Property Address: 997 Nm Highway 65, Montezuma, NM, 87731-2000

Average square foot calculated using Size range provided by listing agent.

Description

Rio de Vega is a remarkable 74.54-acre legacy estate offering unmatched natural beauty, abundant water, and exceptional infrastructure just minutes from Las Vegas, NM and the United World College. Known to the family as “The Playground, ” this property blends comfort, creativity, and Northern New Mexico wilderness in a way that is truly rare. The custom 4, 200 sq. Ft. Main residence—originally a barn kit—was transformed into a warm, refined home by designer Pedro Marquez, featuring pine siding, alder doors, and thoughtful architectural detail throughout. A 2, 000 sq. Ft. Guesthouse provides additional space and privacy with its own 500-gallon propane tank and independent septic system. A third septic and 220 electric are already installed, creating a ready site for a future home or structure. The 2, 610 sq. Ft. Drive-through barn is a standout feature, built atop teak-floored storage containers and framed with canyon-harvested red fir. Additional outbuildings include a rebuilt, powered chicken house and multiple storage structures. Water is one of the property’s greatest assets, with nearly half a mile of Gallinas River frontage, three ponds (including spring-fed and bentonite-sealed), and a water table only 6 feet deep. Jersey barriers along the riverbank help protect the property during high-water events. High-speed internet, a Cummins generator, and year-round access support easy, reliable living. The land is alive with incredible wildlife, including elk, deer, turkey, and other native species that frequent the property daily. Rio de Vega also comes with existing elk tags, and per the seller, landowners apply annually to the New Mexico Department of Game & Fish for E-Plus Landowner Permits—a process the current owner has never had difficulty obtaining. With its scenic landscape, strong infrastructure, abundant water, and exceptional recreational potential, Rio de Vega is a rare opportunity to own a truly special Northern New Mexico estate.
MLS® Number202503538
Laundry Level
Central VacNo
FireplaceNo
Acreage74.54
Exterior
GarageYes
Approx. Age2007
Basement
DrivewayAttached, Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 5, 2025List Date
$4,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
997 Nm Highway 65, Montezuma, NM

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