Unrestricted 7.5 acres located in the gorgeous Sacramento Mountains with the Rio Penasco running through it! This property boasts plenty of highway frontage perfect if you are looking for a spot for your business or you can build your dream home! The possibilities are endless. You have mountain views and the sound of running water and plenty of wildlife. Bring your RV up and escape the heat. The property is located close to the Lincoln National Forest. Also just minutes from Mayhill for dining or shopping! If you are looking for a property where the sky is the limit then this is it! Call today!
Sold
Price Unknown
1846 Rio Penasco Rd, Mayhill, NM 88339
--beds
--baths
7.49Acres
Unimproved Land
Built in ----
7.49 Acres Lot
$-- Zestimate®
$--/sqft
$1,035 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,035/mo
Zestimate® history
Owner options
List your home for rent
$1,035/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,035/mo
Rent Zestimate®
Refinance and save
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Gorgeous sacramento mountainsMountain viewsPlenty of wildlifeSound of running waterHighway frontage
Zillow last checked:
Listing updated:
Listed by:
Megan Corvin,
Future Real Estate 575-415-4039
Bought with:
Joseph Pacheco
Aspen Trails Realty
Source: OCMLS,MLS#: 171531
Facts & features
Property
Lot
- Size: 7.49 Acres
- Features: Irregular Lot, Horse Property, Unimproved Land, 5.1-10 Acres
Details
- Parcel number: R051008
- Zoning description: Single Fam Dwelling District
- Horses can be raised: Yes
Utilities & green energy
- Electric: Instld On Prop
- Sewer: None
- Utilities for property: Electricity Connected
Community & HOA
Location
- Region: Mayhill
Financial & listing details
- Tax assessed value: $74,920
- Annual tax amount: $527
- Date on market: 8/31/2025
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Sold | -- |
Source:  OCMLS #171531 Report a problem | ||
| 12/18/2025 | Contingent | $199,500 |
Source: OCMLS #171531 Report a problem | ||
| 8/31/2025 | Listed for sale | $199,500-27.3% |
Source: OCMLS #171531 Report a problem | ||
| 8/1/2025 | Listing removed | $274,500 |
Source: OCMLS #169641 Report a problem | ||
| 6/29/2025 | Price change | $274,500-8.5% |
Source: OCMLS #169641 Report a problem | ||
| 4/30/2025 | Price change | $299,900-4.8% |
Source: OCMLS #169641 Report a problem | ||
| 3/5/2025 | Price change | $315,000-3.1% |
Source: OCMLS #169641 Report a problem | ||
| 2/11/2025 | Listed for sale | $325,000 |
Source: OCMLS #169641 Report a problem | ||
| 1/29/2025 | Contingent | $325,000 |
Source: OCMLS #169641 Report a problem | ||
| 7/16/2024 | Listed for sale | $325,000-23.4% |
Source: OCMLS #169641 Report a problem | ||
| 7/13/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/11/2024 | Price change | $424,500-5.6% |
Source: Owner Report a problem | ||
| 4/2/2024 | Listed for sale | $449,900 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $527 +5.2% | $24,973 +4.1% |
| 2024 | $501 -1.3% | $24,000 |
| 2023 | $508 +0.2% | $24,000 |
| 2022 | $507 +71.1% | $24,000 +71.4% |
| 2021 | $296 +19.3% | $14,000 +19.7% |
| 2020 | $248 +2% | $11,697 +2% |
| 2019 | $244 +1% | $11,468 +1% |
| 2018 | $241 +2.4% | $11,354 +2% |
| 2017 | $236 +2% | $11,132 +2% |
| 2016 | $231 | $10,913 +2% |
| 2015 | -- | $10,699 |
Find assessor info on the county website
Neighborhood: 88339
Nearby homes
- $50,0008.8 Acres88339-9224 9224, Mayhill, NM 88339Off Market
- $113,8808.76 Acres88339-9224 9224, Mayhill, NM 88339Off Market
- $48,0008.53 Acres88339-9224 9224, Mayhill, NM 88339Off Market
- $92,1793 bd2 ba1.5k sqft1836 Rio Penasco Rd, Mayhill, NM 88339Off Market
- $72,992-- bd-- ba-- sqft1834 Rio Penasco Rd, Mayhill, NM 88339Off Market
- $7,287-- bd-- ba980 sqft1834 Rio Penasco Rd, Mayhill, NM 88339Off Market
- $228,100-- bd-- ba1.2k sqft1834 Rio Penasco Rd, Mayhill, NM 88339Off Market
- $953,000-- bd-- ba1.9k sqft1853 Rio Penasco Rd, Mayhill, NM 88339Off Market
Nearby schools
GreatSchools rating
- 7/10Cloudcroft Elementary SchoolGrades: PK-5Distance: 15.2 mi
- 5/10Cloudcroft Middle SchoolGrades: 6-8Distance: 15.2 mi
- 6/10Cloudcroft High SchoolGrades: 9-12Distance: 15.4 mi
- New Mexico
- Otero County
- Cloudcroft
- 88339
- 1846 Rio Penasco Rd
Nearby cities
Nearby zip codes
Other Cloudcroft Topics
