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  • Price Unknown

    1002 State Highway 518, Sapello, NM 87745

    --beds
    --baths
    1,523sqft
    Farm
    Built in ----
    165.48 Acres Lot
    $623,700 Zestimate®
    $--/sqft
    $2,124 Estimated rent

    Home value

    $623,700

    Estimated sales range

    Not available

    $2,124/mo

    Zestimate® history
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    What's special

    Riverfront propertyNatural barrierForested hillside
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael S. Sanford 505-916-6644,

    Barker Realty, LLC

    Bought with:

    Barbara L. Sanchez, 40856

    Barker Realty, LLC

    Source: SFARMLS,MLS#: 202504121MLS LogoOriginating MLS: Santa Fe Association of REALTORS

    Facts & features

    Interior

    Features
    • No Interior Steps
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,523
    • Total interior livable area: 1,523 sqft

    Property

    Features
    • Exterior features: Fence
    • Fencing: Barbed Wire
    • Waterfront features: River Access
    Lot
    • Size: 165.48 Acres
    Details
    • Parcel number: 486300
    • Zoning: Other
    • Zoning description: San Miguel A1 Zoning
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, Well
    • Utilities for property: Electricity Available

    Community & neighborhood

    Location
    • Region: Sapello

    Other

    Other facts
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/19/2025Sold--
    Source: SFARMLS #202504121 Report a problem
    9/21/2025Pending sale$700,000$460/sqft
    Source: SFARMLS #202504121 Report a problem
    9/11/2025Listed for sale$700,000$460/sqft
    Source: SFARMLS #202504121 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,623 +4.2%$90,381 +6.1%
    2024$2,516 +3%$85,193 +3%
    2023$2,443 +0.3%$82,712
    2022$2,436 +3.3%$82,712 +3%
    2021$2,358 +1.4%$80,303 +2%
    2018$2,326 0%$78,728
    2017$2,327 +4969.8%$78,728 +6153.2%
    2013$46 $1,259

    Find assessor info on the county website

    Neighborhood: 87745

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Robertson High

    Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $623,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $623,700