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.
For sale
$899,000
64 Private Drive 1038A, Velarde, NM 87582-0000
4beds
2,000sqft
Manufactured Home, Single Family Residence
Built in 1993
7.5 Acres Lot
$-- Zestimate®
$450/sqft
$-- HOA
What's special
- 10 days |
- 222 |
- 17 |
Likely to sell faster than
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#: 115283
Loading...
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: $159,346
- 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
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $899,000-10%$450/sqft |
Source:  Enchanted Circle #115283 Report a problem | ||
| 11/27/2025 | Listing removed | $999,000$500/sqft |
Source: Enchanted Circle #112274 Report a problem | ||
| 8/7/2025 | Price change | $999,000-9.1%$500/sqft |
Source: Enchanted Circle #112274 Report a problem | ||
| 5/12/2025 | Price change | $1,099,000-8.3%$550/sqft |
Source: Enchanted Circle #112274 Report a problem | ||
| 3/7/2025 | Price change | $1,199,000-14.3%$600/sqft |
Source: Enchanted Circle #112274 Report a problem | ||
| 11/14/2024 | Price change | $1,399,000-6.7%$700/sqft |
Source: Enchanted Circle #112274 Report a problem | ||
| 10/1/2024 | Price change | $1,499,000-6.3%$750/sqft |
Source: Enchanted Circle #112274 Report a problem | ||
| 8/28/2024 | Listed for sale | $1,600,000$800/sqft |
Source: Enchanted Circle #112274 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | $45,573 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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: 87582
Nearby schools
GreatSchools rating
- 4/10Alcalde Elementary SchoolGrades: PK-6Distance: 2.7 mi
- 5/10Carlos F. Vigil Middle SchoolGrades: 7-8Distance: 9.8 mi
- 6/10Espanola Valley High SchoolGrades: 9-12Distance: 8.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Rio Arriba County
- Alcalde
- 87582
- 64 Private Drive 1038A
Nearby cities
Nearby zip codes
Other Alcalde Topics
