REDUCED $400,000 100 Acres of irrigated pasture, 3700 SF updated home, & MRGCD water rights in Polvadero, NM located 10 miles NE of Socorro & 59 miles from ABQ International. Pembroke Farm !This beautiful property & home is located in the heart of the fertile Rio Grand Valley near the Rio Grand River & just south of Sevilleta National Wildlife Refuge. Architect designed home crafted to bring the outdoors in w/stunning views in all directions. Built in 1991 with updates completed in 2009 & 2015. The farm was previously used to breed Swedish Warm Blood horses. Home has been exquisitely updated w/Ernest Thompson custom walnut cabinets in kitchen, w/stunning honed soapstone countertops. This property is divided into 2 parcels. The house & pasture are on 43.49 acres & 57.3662 acres are pasture only.
For sale
Price cut: $350K (8/6)
$2,850,000
742 Highway 408, Polvadera, NM 87828
4beds
3,700sqft
Single Family Residence
Built in 1992
100 Acres Lot
$2,858,600 Zestimate®
$770/sqft
$-- HOA
What's special
Architect designed homeStunning honed soapstone countertops
- 66 days
- 175
- 3
Zillow last checked:
Listing updated:
Listed by:
Lynn Johnson 505-350-5966,
Keller Williams Realty 505-897-1100
Source: SWMLS,MLS#: 1107149
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 360
- Dimensions: 24 x 15
Bedroom 2
- Level: Main
- Area: 172.5
- Dimensions: 15 x 11.5
Bedroom 3
- Level: Main
- Area: 172.5
- Dimensions: 15 x 11.5
Bedroom 4
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Dining room
- Level: Main
- Area: 216
- Dimensions: 18 x 12
Family room
- Level: Main
- Area: 368
- Dimensions: 23 x 16
Kitchen
- Level: Main
- Area: 228
- Dimensions: 19 x 12
Living room
- Level: Main
- Area: 324
- Dimensions: 24 x 13.5
Heating
- Propane, Radiant Floor, Radiant
Cooling
- Evaporative Cooling, Multi Units
Appliances
- Included: Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Wine Cooler, Washer
- Laundry: Electric Dryer Hookup
Features
- Breakfast Bar, Bookcases, Ceiling Fan(s), Cathedral Ceiling(s), Entrance Foyer, Garden Tub/Roman Tub, High Speed Internet, Kitchen Island, Loft, Multiple Living Areas, Main Level Primary, Pantry, Separate Shower, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows, Insulated Windows, Wood Frames
- Has basement: No
- Number of fireplaces: 3
Interior area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Open, Patio, Screened
- Exterior features: Fire Pit, Patio, Private Yard, Sprinkler/Irrigation, Propane Tank - Owned
- Has view: Yes
Lot
- Size: 100 Acres
- Features: Garden, Lawn, Meadow, Sprinklers Automatic, Sprinklers Partial, Views
Details
- Additional structures: Arena, Barn(s), Corral(s), Outbuilding, Stable(s), Storage, Workshop
- Parcel number: 003003002605
- Zoning: Out of MLS Area
- Zoning description: A-1
- Horses can be raised: Yes
- Horse amenities: Arena
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom,Northern New Mexico
- Property subtype: Single Family Residence
Materials
- Adobe, Frame, Stucco
- Foundation: Slab
- Roof: Metal,Pitched
Condition
- Resale
- New construction: No
- Year built: 1992
Details
- Builder name: Van Landingham
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Private, Well
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Propane, See Remarks, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Mrgcd Map 151; 2 tracts - house & pasture on 43.49 ac. and pasture only on 57.3662 AC
Location
- Region: Polvadera
Financial & listing details
- Price per square foot: $770/sqft
- Annual tax amount: $3,885
- Date on market: 7/13/2026
- Cumulative days on market: 67 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Estimated market value
$2,858,600
$2.69M - $3.03M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $2,850,000-10.9%$770/sqft |
Source:  SWMLS #1107149 Report a problem | ||
| 7/13/2026 | Listed for sale | $3,200,000+223.2%$865/sqft |
Source: SWMLS #1107149 Report a problem | ||
| 7/11/2026 | Listing removed | $990,000$268/sqft |
Source: SWMLS #1094443 Report a problem | ||
| 11/13/2025 | Price change | $990,000-57%$268/sqft |
Source: SWMLS #1094443 Report a problem | ||
| 11/13/2025 | Price change | $2,300,000-28.1%$622/sqft |
Source: SWMLS #1087240 Report a problem | ||
| 7/11/2025 | Listed for sale | $3,200,000$865/sqft |
Source: SWMLS #1087240 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
