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64 Private Drive 1038A , Velarde, NM 87582
64 Private Drive 1038A , Velarde, NM 87582
  • $1,099,000
  • $1,199,000
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2000
  • 7.5
  • Lot Size Acres

Description

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.

Listing Agent

Irene Cordova - Realty One Enchanted Circle

Details

Updated on May 12, 2025 at 7:06 pm
  • Sq ft: 2000
  • Lot size: 7.5 Acres
  • Property Status: Active
  • Date listed: 2024-08-27
  • Days on Market: 306
  • MLS # 202403646
  • Bedrooms: 4
  • Bathrooms: 3
  • Full:2
  • Three Quarters:
  • Half:1

Financial Details

  • Price: $1,099,000
  • $/sq ft
  • Listing Terms: Cash, Conventional,1031 Exchange

Additional details

  • Sewer: Septic Tank
  • Elementary School: Velarde
  • Middle School: Unknown
  • High School: Unknown
  • Waterfront: River Access

Features

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  • Address 64 Private Drive 1038A
  • City Velarde
  • State/county NM
  • Zip/Postal Code 87582

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THE DATA RELATING TO REAL ESTATE FOR SALE IN THIS WEBSITE COMES IN PART FROM THE INTERNET DATA EXCHANGE ("IDX") PROGRAM OF SANTA FE ASSOCIATION OF REALTORSĀ®, INC. FROM A COPYRIGHTED COMPILATION OF LISTINGS. ALL DATA IN THIS WEBSITE IS DEEMED RELIABLE BUT IS NOT GUARANTEED ACCURATE, AND SHOULD BE INDEPENDENTLY VERIFIED. THE INFORMATION PROVIDED IS FOR CONSUMERS' PERSONAL, NON-COMMERCIAL USE AND MAY NOT BE USED FOR ANY PURPOSE OTHER THAN TO IDENTIFY PROSPECTIVE PROPERTIES CONSUMERS MAY BE INTERESTED IN PURCHASING. ALL PROPERTIES ARE SUBJECT TO PRIOR SALE OR WITHDRAWAL. ALL RIGHTS RESERVED.

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