49 Square Deal Rd, Los Lunas, 87002

4Beds
2Baths
2,000Sqft
52Acres
Built
233DOM

$1,250,000

Mossy Oak Properties
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The Square Deal Farm and Home is located within the Rio Grande Valley just 30 minutes south of Albuquerque, NM and 5 minutes south of Los Lunas, NM. Irrigation is provided via the Middle Rio Grande Conservancy District with improved concrete ditches on site. Improvements include several outbuildings for hay and equipment storage and a 4 bedroom 2 bath modest home currently tenant occupied as a rental. The farm is divided into four separate lazer leveled fields planted in alfalfa (generally 4 cuts per year) with perimeter fencing in place. Annual irrigation fees paid to the MRGCD are approximately $2,000. Property taxes for year 2020 are $1,430.00. Pre 1907 Water Rights have not been approved by the state although sellers will be requesting a full review. Any potential water rights are not included in the offering price and will remain negotiable. This area of New Mexico is prime for residential growth. There is strong potential for subdivision of this property. County zoning provides for two acre minimum rural residential. Shown by appointment only as gates are locked.

Listing Details

Listing Agent: Anthony Trujillo
Listing Office: Mossy Oak Properties

Essential Information

MLS® #: 202004692
Price: $1,250,000
Bedrooms: 4
Bathrooms: 2.00
Full Baths: 2
Square Footage: 2,000
Acres: 52.00
Type: Farm And Ranch
Sub-Type: Farm
Status: Active

Community Information

Address: 49 Square Deal Rd
Area: 79-Valencia County
City: Los Lunas
County: Valencia
State: New Mexico
Zip Code: 87002

Amenities

Utilities: Yes

Exterior

Lot Description: Other - See Remarks

School Information

Elementary: Unknown
Middle: Unknown
High: Unknown

Additional Information

Date Listed: November 2nd, 2020
Days on Market: 233
Zoning: Ag, Residential

Financials

$/SqFt: $625

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