12518 Hwy 60 offers a rare chance to own a true slice of Southwestern history, an iconic property once home to the Water Canyon Lodge, complete with its former dance hall, restaurant, and even a gas station that served travelers along this storied stretch of highway. Today, the dance hall, adobe building, hotel remnants, and old service station structure still stand as proud reminders of the past, each brimming with character and possibility. The historic dance hall has been thoughtfully adapted to include a guest room, bathroom, cold-storage room, and a generous open area perfect for gatherings, events, or creative reimagining. The cozy studio home formerly the service station building has been transformed into an inviting 450 sq-ft living space featuring a kitchen accented with the original sink from the dance hall, a bath, sleeping area, and a comfortable sitting nook. A 24-foot RV has also been used as an Airbnb, staying true to the property's legacy of welcoming weary travelers. Step outside and you're greeted by sweeping views of surrounding mountain ranges and some of the clearest, most unobstructed night skies in New Mexico. In the "Food Forest" , peach and apricot trees flourish, alongside a grape arbor, greenhouse, and raised garden bed an ideal environment for outdoor produce growing. For those who crave a deeper connection to the land, an outdoor clawfoot tub sits shaded beneath mature elm trees, offering a peaceful place to soak and unwind. The property is fenced and cross-fenced for livestock, and the old hotel, currently home to a charming herd of goats already has concrete floors and solid walls, making it ripe for restoration or reinvention. In addition to the above there is also a large gravel pit that may also become an income producing opportunity Whether you're drawn by the romance of the Southwest, the entrepreneurial potential, or the desire for a peaceful retreat after long days in the hustle and bustle, this property invites you to bring your vision to life. Opportunities like this don't come around often-don't miss your chance to own a piece of New Mexico history with endless potential. Motivated sellers, bring your offer! Call today for your private tour of this unique property!
For sale
Price cut: $25K (9/16)
$325,000
12518 Highway 60, Magdalena, NM 87825
1beds
450sqft
Single Family Residence
Built in 1940
49.5 Acres Lot
$-- Zestimate®
$722/sqft
$-- HOA
What's special
Guest roomHistoric dance hallCold-storage roomCozy studio homeComfortable sitting nookGrape arbor
- 149 days
- 205
- 18
Zillow last checked:
Listing updated:
Listed by:
Jennifer Lee 928-245-7454,
Catron County Realty 928-245-7454
Source: New Mexico MLS,MLS#: 20262564
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has fireplace: No
Interior area
- Total structure area: 450
- Total interior livable area: 450 sqft
Property
Lot
- Size: 49.5 Acres
Details
- Parcel number: 0120220014
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1940
Community & HOA
HOA
- Has HOA: No
Location
- Region: Magdalena
Financial & listing details
- Price per square foot: $722/sqft
- Annual tax amount: $922
- Date on market: 5/2/2026
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
$794/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Price change | $325,000-7.1%$722/sqft |
Source: | ||
| 7/22/2026 | Price change | $350,000-12.3%$778/sqft |
Source: | ||
| 6/23/2026 | Price change | $399,000-10.3%$887/sqft |
Source: | ||
| 5/3/2026 | Listed for sale | $444,900$989/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87825
Nearby schools
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.