Pending
1002 Highway 518 , Sapello, NM 87745
1002 Highway 518 , Sapello, NM 87745
  • $700,000
  • 1523
  • 165.48
  • Lot Size Acres

Description

Welcome to a delightful riverfront property spanning 165 acres with beautiful frontage along the Sapello River. This land features a three-bedroom, one-bath adobe home built in 1940 that offers a cozy and inviting living space.
The property is equipped with two wells and 39 acre-feet of water rights, ensuring a reliable water supply. Located just 15 minutes from Las Vegas on Highway 518, it provides both tranquility and easy access to nearby amenities.
A forested hillside creates a natural barrier along northern portions of the property, offering a sense of seclusion from the highway. Additionally, the property has an adobe ruin, adding historical charm and potential for restoration or creative projects.
Whether you’re looking for a peaceful getaway, a place to enjoy outdoor activities, or a unique investment opportunity, this riverfront property offers a variety of wonderful possibilities.

Listing Agent

Michael S. Sanford - Barker Realty, LLC

Details

Updated on September 21, 2025 at 3:15 pm
  • Sq ft: 1523
  • Lot size: 165.48 Acres
  • Property Status: Pending
  • Date listed: 2025-09-11
  • Days on Market: 10
  • MLS # 202504121

Financial Details

  • Price: $700,000
  • $/sq ft
  • Listing Terms: Cash, Conventional, New Loan

Additional details

  • Utilities: Electricity Available
  • Sewer: Septic Tank
  • Elementary School: Unknown
  • Middle School: Unknown
  • High School: Robertson High
  • Waterfront: River Access

Features

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  • Address 1002 Highway 518
  • City Sapello
  • State/county NM
  • Zip/Postal Code 87745

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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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