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Lot/land
  • $3,500,000

    3944 Us Highway 82, Cloudcroft, NM 88339

    --beds
    0baths
    110.72Acres
    Unimproved Land
    Built in ----
    110.72 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fertile river valley soilsFlowing waterProductive orchardsTowering shade treesOrchard landscapesProductive peach orchard
    Rio Penasco River Farm 110.72A± Acres | Rio Penasco, New Mexico Nestled along the clear, year-round waters of the Rio Penasco and surrounded on three sides by National Forest, this exceptional 110.72A± acre riverfront property captures the rare beauty and tranquility of one of southern New Mexico's most picturesque valleys. With approximately 0.73A± miles of private river frontage, valuable water rights, productive orchards, and thoughtfully designed improvements, the property offers a unique blend of agricultural utility, recreation, and refined rural living. The Land & Water The farm encompasses 110.72A± deeded acres with 18.27A± acres of adjudicated water rights supporting irrigated pasture and established orchards. Approximately three-quarters of a mile of the Rio Penasco winds through the property, creating lush riparian habitat shaded by mature cottonwoods and willows. The live water provides excellent private trout fishing and enhances both wildlife presence and scenic appeal throughout the seasons. Orchards & Agricultural Features An established apple orchard featuring ten distinct apple varieties, along with a productive peach orchard, adds both agricultural value and seasonal charm. The fertile river valley soils and irrigation rights provide opportunity for continued orchard production, hobby farming, or expanded cultivation. Residences The main home is a comfortable and well-appointed 3-bedroom, 2-bath residence featuring a newly updated kitchen and bathrooms, offering modern finishes within a warm country setting. A backup generator supplies power when needed on demand. A separate 3-bedroom, 2-bath guest house is ideally positioned to enjoy river views, complete with a spacious deck overlooking the water and an detached two-car garage-perfect for guests, extended family, or caretaker accommodations. Improvements - 40' x 60' insulated newly built metal building with heating and cooling - 30' x 60' insulated metal building - Excellent storage, workshop, or agricultural support space Recreation & Lifestyle The Rio Penasco is known for its clear mountain water and trout habitat, providing exceptional private fishing directly on the property. Towering shade trees, flowing water, and orchard landscapes create a serene setting for outdoor living, recreation, and relaxation in a secluded yet accessible New Mexico location. Rio Penasco River Farm represents a rare opportunity to own a highly usable, beautifully improved river property with live water, orchards, and year-round enjoyment in southern New Mexico.
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    Zillow last checked:

    Listed by:

    John Diamond,

    Beaverhead Ranch Group 505-328-2530

    Source: REALSTACK,MLS#: 99694

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Features
      • Has basement: No
      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Lot
      • Size: 110.72 Acres
      Details
      • Parcel number: R041451

      Community & HOA

      Location
      • Region: Cloudcroft

      Financial & listing details

      • Tax assessed value: $347,123
      • Annual tax amount: $1,829
      • Date on market: 3/1/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,846/mo

        Price history

        DateEventPrice
        3/1/2026Listed for sale$3,500,000
        Source: REALSTACK #99694 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,829 +2.8%$115,708 +2.8%
        2024$1,780 +6.8%$112,512 +2.8%
        2023$1,667 +35.4%$109,410 +34.2%
        2022$1,231 -0.3%$81,544 +0.1%
        2021$1,235 -0.2%$81,490
        2020$1,238 +1.8%$81,490 +2%
        2019$1,215 -5.1%$79,893 +1%
        2018$1,280 +2.7%$79,102 +2%
        2017$1,247 +1.4%$77,551 +2%
        2016$1,230 $76,030 +2%
        2015-- $74,540
        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.
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        Climate risks

        Neighborhood: 88339

        Getting around

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