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Sitting on a quiet, private piece of land (+- 7.5 acres) at the end of Private Drive 1038A in Velarde, New Mexico, sits this approximate 2000 square foot manufactured home along with a hydroponic farm. Bordered by the Rio Grande River with approximately 250 feet of riverfront property, this hydroponic farm has consistently produced tomatoes, cucumbers, basil, and lettuce. It has provided employment and has been a huge success in the community. It currently grows in a soilless culture in Bato buckets and is easily adapted to soil, if desired. There are three greenhouses, totaling approximately 16,000 square feet of grow area. The environment and irrigation of the greenhouses is fully automated. The property contains a fully insulated, temperature-controlled warehouse/garage that houses water supply, filtration and distribution systems. Extras on this property include a Kohler 125Kw fully automated emergency backup generator. 5100-gallon water emergency storage tank. Over 1200 sq ft of dry storage. Wadsworth seed environmental controls with remote control and monitoring. Property has been used for vegetables, herbs, flowers and cannabis. Water rights in the amount of 3.97-acre feet annually. Come sit out along the Rio Grande and make this your perfect investment property, gentlemen's/gentlewomen's farm, horse property, and so much more.
Property Type(s):
Single Family
| Last Updated | 3/7/2025 | Tract | None |
|---|---|---|---|
| Year Built | 1993 | Community | VELARDE (51A) |
SCHOOLS
| Elementary School | Other |
|---|---|
| Jr. High School | Other |
| High School | Other |
Price History
| Prior to Oct 1, '24 | $1,600,000 |
|---|---|
| Oct 1, '24 - Nov 14, '24 | $1,499,000 |
| Nov 14, '24 - Mar 7, '25 | $1,399,000 |
| Mar 7, '25 - Today | $1,199,000 |
Additional Details
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Gas Range, Gas Water Heater, Refrigerator, Washer, Water Purifier |
| AREA | VELARDE (51A) |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Wood Siding |
| FIREPLACE | Yes |
| HEAT | Forced Air |
| INTERIOR | Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s) |
| LOT | 7.5 acre(s) |
| LOT DESCRIPTION | Level, Waterfront |
| PARKING | Gravel, Garage Door Opener |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | None |
| TAXES | 2700 |
| UTILITIES | Electricity Connected, Natural Gas Available, Phone Available |
| WATER | Well |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Waterfront |
| ZONING | Other |
Location
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Listed with Realty One of New Mexico LLC.
The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of TCAR MLS, Inc. Real estate listings held by brokers other than Lindsey Land And Home are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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