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For sale
    • $899,000

    64 Private Drive 1038A, Velarde, NM 87582-0000

    4beds
    2,000sqft
    : 
    $5,876/mo
    Get pre-qualified
    Manufactured Home, Single Family Residence
    Built in 1993
    7.5 Acres Lot
    $-- Zestimate®
    $450/sqft
    $-- HOA

    What's special

    Sitting on a quiet, private piece of land (+- 7.5 acres) at the end of Private Drive 1038A in Velarde, New Mexico, sits this approximate 2000 sq ft manufactured home along with a hydroponic farm. Bordered by the Rio Grande River with approximately 250 feet of riverfront property, this hydroponic farm has consistently produced tomatoes, cucumbers, basil, and lettuce. It has provided employment and has been a huge success in the community. It currently grows in a soilless culture in Bato buckets and is easily adapted to soil, if desired. There are three greenhouses, totaling approximately 16,000 square feet of grow area. The environment and irrigation of the greenhouses is fully automated. The property contains a fully insulated, temperature-controlled warehouse/garage that houses water supply, filtration and distribution systems. Extras on this property include a Kohler 125Kw fully automated emergency backup generator. 5100-gallon water emergency storage tank. Over 1200 sq ft of dry storage. Wadsworth seed environmental controls with remote control and monitoring. Property has been used for vegetables, herbs, flowers and cannabis. Water rights in the amount of 3.97-acre feet annually from the well. Come sit out along the Rio Grande and make this your perfect investment property, gentlemen's/gentlewoman's' farm, horse property, and so much more.
    104 days
    257
    17

    Zillow last checked:

    Listing updated:

    Listed by:

    Irene Cordova 575-613-0671,

    Realty One of New Mexico LLC. 505-883-9400

    Source: Enchanted Circle,MLS#: 115283MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
      Features
      • Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Laminate, Tile
      • Number of fireplaces: 1
      • Fireplace features: One
      Interior area
      • Total structure area: 2,000
      • Total interior livable area: 2,000 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • On waterfront: Yes
      • Waterfront features: None
      • Frontage type: Waterfront
      Lot
      • Size: 7.5 Acres
      • Features: Cleared, Horse Property, Lawn, Level, Ranch, Trees, Waterfront
      • Topography: CanyonValley
      Details
      • Parcel number: 1049130503065
      • Zoning description: Other
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Manufactured Home
      • Property subtype: Manufactured Home, Single Family Residence
      Materials
      • Manufactured
      • Roof: Pitched,Shingle
      Condition
      • Year built: 1993

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Natural Gas Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Membership fee: $0 annually
      • Subdivision: None
      HOA
      • Amenities included: None
      Location
      • Region: Velarde

      Financial & listing details

      • Price per square foot: $450/sqft
      • Tax assessed value: $167,943
      • Annual tax amount: $1,400
      • Date on market: 6/29/2026
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Listed for sale$899,000-10%$450/sqft
        Source: Enchanted Circle #115283 Report a problem
        11/27/2025Listing removed$999,000$500/sqft
        Source: Enchanted Circle #112274 Report a problem
        8/7/2025Price change$999,000-9.1%$500/sqft
        Source: Enchanted Circle #112274 Report a problem
        5/12/2025Price change$1,099,000-8.3%$550/sqft
        Source: Enchanted Circle #112274 Report a problem
        3/7/2025Price change$1,199,000-14.3%$600/sqft
        Source: Enchanted Circle #112274 Report a problem
        11/14/2024Price change$1,399,000-6.7%$700/sqft
        Source: Enchanted Circle #112274 Report a problem
        10/1/2024Price change$1,499,000-6.3%$750/sqft
        Source: Enchanted Circle #112274 Report a problem
        8/28/2024Listed for sale$1,600,000$800/sqft
        Source: Enchanted Circle #112274 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,579 +14.5%$55,981 +5.4%
        2024$1,379 +0.9%$53,116 +2.6%
        2023$1,366 -0.1%$51,765 -2.9%
        2022$1,367 +14.2%$53,313 +3%
        2021$1,198 -1.6%$51,765 -1.1%
        2020$1,217 $52,333 -1.8%
        2019$1,217 +14.3%$53,313 +3%
        2018$1,065 -3%$51,765
        2017$1,097 -6.2%$51,765
        2016$1,170 $51,765 +13.6%
        2015$1,170 +21.1%$45,573
        2014$966 $45,573
        Find assessor info on the county website

        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.
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        Climate risks

        Neighborhood: 87582

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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