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For sale
  • $1,200,000

    144 State Highway 341, La Madera, NM 87539

    2beds
    2,920sqft
    : 
    $7,519/mo
    Get pre-qualified
    Townhouse, Single Family Residence
    Built in 1940
    23.83 Acres Lot
    $-- Zestimate®
    $411/sqft
    $-- HOA

    What's special

    Wood-burning fireplaceHorse facilitiesIrrigated acreageOpen acreageUnderground irrigation systemThick earthen wallsTraditional vigas and beams
    Serenity, tranquility, and awe-inspiring! Where the Tusas River winds through nearly 24 acres in La Madera, this Northern New Mexico ranch invites a life shaped by the seasons, the land, and the quiet beauty of the high desert. Irrigated acreage and an underground irrigation system offer room to grow gardens, cultivate crops, and explore a more self-sustaining way of life. Registered private well and surface water rights add to the possibilities for this working ranch or country retreat. At its heart stands an approximately 2,600-square-foot, two-story adobe home built in the early 1940s. Thick earthen walls and traditional vigas and beams give the home a sense of warmth and permanence. A wood-burning fireplace offers a place to gather after a day outdoors. Just a short walk away, an approximately 320-square-foot casita dating to circa 1830 tells another chapter of the valley’s story. Beyond the homes, a 24-by-28-foot two-car garage, 36-by-40-foot workshop, and 36-by-36-foot metal barn provide space for equipment, animals, and projects. Horse facilities and open acreage invite you to imagine gardens, a small farm, or simply the freedom to roam. The area’s tradition of growing alfalfa and vegetables speaks to the lasting connection between this land and those who tend it. Wake to the sound of the river, watch the light move across the surrounding mountains, and end the day beneath the wide New Mexico sky. La Madera offers a peaceful setting, while Ojo Caliente is close by for a soak, a meal, or an afternoon away. Rich in history and possibility, this is a place to put down roots and make the rhythms of the land your own.
    22 days
    77
    2

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    David Cordova 505-660-9744,

    Sotheby's Int. RE/Grant 505-988-2533,

    Shaun Fisher 505-469-3970,

    Sotheby's Int. RE/Grant

    Source: SFARMLS,MLS#: 202604115MLS LogoOriginating MLS: Santa Fe Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Hot Water, Propane
      Cooling
      • None
      Appliances
      • Included: Dryer, Electric Cooktop, Electric Water Heater, Gas Cooktop, Microwave, Oven, Range, Refrigerator
      Features
      • Beamed Ceilings, Interior Steps
      • Flooring: Laminate, Vinyl
      • Windows: Insulated Windows
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,920
      • Total interior livable area: 2,920 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Attached, Detached, Garage, Heated Garage, RV Garage, RV Access/Parking
      • Attached garage spaces: 4
      Features
      • Levels: Two
      • Stories: 1
      • Exterior features: Horse Facilities
      • Pool features: None
      • On waterfront: Yes
      Lot
      • Size: 23.83 Acres
      • Features: Drip Irrigation/Bubblers
      Details
      • Additional structures: Barn(s), Guest House Detached, Outbuilding, Stable(s)
      • Parcel number: 1051149240406
      • Zoning description: Rural
      • Special conditions: Standard
      • Other equipment: Irrigation Equipment
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Northern New Mexico,Ranch,Spanish
      • Property subtype: Townhouse, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Adobe, Frame, Metal Siding, Stucco
      • Foundation: Permanent, Slab
      • Roof: Metal,Pitched
      Condition
      • Year built: 1940

      Utilities & green energy

      • Electric: Generator, 220 Volts
      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: High Speed Internet Available, Electricity Available

      Community & HOA

      Community
      • Security: Security System, Security Lights
      HOA
      • Has HOA: No
      • Amenities included: RV Parking, Storage, Stream Year Round, Trail(s)
      Location
      • Region: La Madera

      Financial & listing details

      • Price per square foot: $411/sqft
      • Date on market: 9/24/2026
      • Listing terms: Cash,Conventional,1031 Exchange,New Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/11/2025Listed for sale$1,200,000$411/sqft
        Source: SFARMLS #202503294 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 87539

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: El Rito
        • Middle: Mesa Vista Jr High
        • High: Mesa Vista High

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