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For sale
  • Price cut: $45.9K (6/23)
    $399,000

    12518 Highway 60, Magdalena, NM 87825

    1beds
    450sqft
    : 
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    Single Family Residence
    Built in 1940
    49.5 Acres Lot
    $-- Zestimate®
    $887/sqft
    $-- HOA

    What's special

    Guest roomHistoric dance hallCold-storage roomCozy studio homeComfortable sitting nookGrape arbor
    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 propertys legacy of welcoming weary travelers. Step outside and youre 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 electricity and water plumbed in, making it ripe for restoration or reinvention. Whether youre 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 dont come around oftendont miss your chance to own a piece of New Mexico history with endless potential.
    74 days
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    716
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    16
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Lee 928-245-7454,

    Catron County Realty 928-245-7454

    Source: New Mexico MLS,MLS#: 20262564MLS Logo

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      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: $887/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

        $851/mo

        Price history

        DateEventPrice
        6/23/2026Price change$399,000-10.3%$887/sqft
        Source: New Mexico MLS #20262564 Report a problem
        5/3/2026Listed for sale$444,900$989/sqft
        Source: New Mexico MLS #20262564 Report a problem

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87825

        Getting around

        0 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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