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Lot/land
  • $3,200,000

    3705 Us Highway 82, Mayhill, NM 88339

    3beds
    2baths
    93.5Acres
    VacantLand
    Built in 1995
    93.5 Acres Lot
    $-- Zestimate®
    $1,786/sqft
    $-- HOA

    What's special

    Live waterMajestic sacramento mountainsIrrigated meadowsYear-round live waterLush irrigated meadowsBreathtaking mountain scenery
    High Country Horse Ranch & Arena. Live Water • Irrigated Meadows • Premier Equestrian Facilities • Income Potential Welcome to High Country Horse Ranch & Arena, a remarkable New Mexico equestrian estate where exceptional horse facilities, live water, and breathtaking mountain scenery come together to create a truly one-of-a-kind property. Whether you're looking for a private horse ranch, an event facility, a boarding operation, or an investment with multiple income streams, this turnkey ranch offers endless possibilities. Teeming with life, the vibrant Rio Peñasco winds through the ranch, providing year-round live water that nourishes lush irrigated meadows while creating outstanding habitat for fish, waterfowl, elk, deer, turkey, and a variety of native wildlife. The ranch includes valuable water rights and is further supported by two productive water wells, ensuring dependable water for the ranch, livestock, equestrian facilities, and the established RV park. Bordering the majority of the ranch, the Lincoln National Forest offers direct access to miles of scenic mountain trails, making this an exceptional destination for trail riding, hiking, hunting, and year-round outdoor recreation in the majestic Sacramento Mountains. Located within the highly sought-after Game Management Unit 34, the property has historically received two elk tags, making it equally attractive to sportsmen and outdoor enthusiasts. At the heart of the ranch stands an outstanding 295' × 175' covered equestrian complex, encompassing approximately 51,625 square feet. Inside is a spacious 170' × 120' arena with premium sand footing designed for multi-event use, providing an ideal environment for training, competitions, clinics, and recreational riding regardless of the weather. The horse facilities have been thoughtfully designed for efficiency and comfort and include: •16 covered box stalls •Rubber mat flooring •Priefert feeding system •Wash rack •Horse stocks •Tack storage •Hay and feed storage •Five arena-adjacent livestock holding pens •Loafing sheds •Lighted 60-foot round pen This ranch property also features a well-maintained three-bedroom, two-bath manager's home with an attached two-car garage and workshop. Also included are painted pipe cattle working pens complete with squeeze chute trailer load-out. Multiple elevated homesites throughout the ranch provide outstanding opportunities to build a custom residence overlooking the river, meadows, and surrounding mountains.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Teague 575-910-8241,

    Teague Ranch Real Estate 575-910-8241

    Source: OCMLS,MLS#: 172965MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Appliances
      • Included: Dryer, Freezer, Washer
      • Laundry: Electric Dryer Hookup
      Interior area
      • Total structure area: 1,792
      • Total interior livable area: 1,792 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: No Carport, 2 Car Attached Garage
      • Attached garage spaces: 2
      Features
      • Patio & porch: Porch
      • Exterior features: Horses Allowed
      • Fencing: Pipe
      Lot
      • Size: 93.5 Acres
      • Dimensions: Apporo x . 93.5 acres +/-
      • Features: Wooded, Fruit Trees, 10.01+ Acres
      Details
      • Additional structures: Shed(s), Corrals/Stables, Workshop, Workshop With Power
      • Parcel number: R037199
      • Horses can be raised: Yes

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Location
      • Region: Mayhill

      Financial & listing details

      • Price per square foot: $1,786/sqft
      • Tax assessed value: $52,567
      • Annual tax amount: $345
      • Price range: $3.2M - $3.2M
      • Date on market: 7/17/2026
      • Listing terms: Conventional,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/17/2026Listed for sale$3,200,000$1,786/sqft
        Source: OCMLS #172965 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$345 +0.8%$17,522
        2024$343 -1.4%$17,522
        2023$347 +0%$17,522
        2022$347 +0.6%$17,522 +0.8%
        2021$345 -0.3%$17,382
        2020$346 +1.9%$17,382 +2%
        2019$340 +1.3%$17,041 +1%
        2018$335 +2.5%$16,873 +2%
        2017$327 +1.8%$16,542 +2%
        2016$321 $16,218 +2%
        2015-- $15,900
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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: 88339

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cloudcroft
        • High: Cloudcroft

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

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