Skip To Content

997 New Mexico Highway 65

Montezuma, NM 87731
  • $4,250,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 202503538
UPDATED: 25 min ago
$4,250,000
  • 6
    BEDS
  • 74.54
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 6,200
    SQFT
  • $685
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2007
County:

School Information

Elementary School:
Middle School:
High School:

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 residenceoriginally a barn kitwas 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 Permitsa 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.

Monthly Payment Calculator



Santa Fe Association of Realtors logo © 2025 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Lisa Harris | Coldwell Banker Mountain Properties are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively 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. Data last updated 2025-12-06T18:51:31.93.
www.lisaharris-realestate.com/homes/166609348
Print Image

997 New Mexico Highway 65 Montezuma, NM 87731

  • Price: $4,250,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 25 min ago
  • MLS #: 202503538
6
Beds
5
Baths
1
½ Baths
74.54
Acres
6,200
SQFT
$685
$/SQFT
2007
Built
Neighborhood:
28-San Miguel Cnty
County:
San Miguel
Area:
28-San Miguel Cnty
Elementary School:
Las Vegas
Middle School:
Las Vegas
High School:
Las Vegas
Property 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 residenceoriginally a barn kitwas 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 Permitsa 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.
Exterior Features

Architectural Style Manufactured Home Multi- Level Mobile Home Ranch Attached Garage YN Yes Construction Materials Frame Modular / Prefab Exterior Features Horse Facilities Garage YN Yes Levels Two One Multi / Split Other Structures Barn(s) Guest House Detached Outbuilding Stable(s) Storage Parking Features Attached Garage Parking Total 3 Roof Built- Up Other See Remarks Waterfront YN Yes

Interior Features

Appliances Dryer Dishwasher Gas Cooktop Gas Water Heater Microwave Oven Range Refrigerator Water Heater Washer Basement YN No Cooling None Cooling YN No Electric Generator Fireplace Features Wood Burning Wood Burning Stove Fireplace YN Yes Fireplaces Total 4 Flooring Carpet Wood Foundation Details Permanent Heating Fireplace(s) Propane Radiant Floor Radiant Heating YN Yes Interior Features Beamed Ceilings Interior Steps Living Area 4200 Window Features Insulated Windows

Property Features

Accessibility Features Not ADA Compliant Horse YN Yes Land Lease YN No Lease Considered YN No Listing Terms Cash Conventional1031 Exchange New Loan Other Equipment Fuel Tank(s) Irrigation Equipment Satellite Dish Pool Features None Property Attached YN No Property Sub Type Single Family Residence Property Sub Type Additional Detached Single Family Residence Sale Or Lease Indicator For Sale Security Features Dead Bolt(s) Heat Detector Smoke Detector(s) Sewer Septic Tank Special Listing Conditions Standard Utilities High Speed Internet Available Electricity Available Water Source Private Well

Santa Fe Association of Realtors logo Listing provided courtesy of Ryan Ferguson of Sotheby's Int. RE/Washington: (505) 988-8088. © 2025 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2025 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Lisa Harris | Coldwell Banker Mountain Properties are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively 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. Data last updated 2025-12-06T18:51:31.93.
 
https://bt-photos.global.ssl.fastly.net/santafe/1280_boomver_2_202503538-2.jpg https://bt-photos.global.ssl.fastly.net/santafe/1280_boomver_2_202503538-2.jpg https://bt-photos.global.ssl.fastly.net/santafe/1280_boomver_2_202503538-2.jpg
Logo
Lisa Harris | Coldwell Banker Mountain Properties
524-H Paseo Del Pueblo Sur
Taos NM, 87571