57.3662 Acres of irrigated pasture, & MRGCD water rights in Lemitar, NM located 10 miles NE of Socorro & 59 miles from ABQ International. Pembroke Farm! This beautiful property is located in the heart of the fertile Rio Grand Valley near the Rio Grand River & just south of Sevilleta National Wildlife Refuge. This 57 acres is part of Pembroke Farm - a 100 acre farm plus a 3700 sf custom home previously used to breed Swedish Warm Blood horses. This is the first time this land has been offered separately. Please check MLS 1087240 & 1094449 for house & 43.49 ac. The Map Boundary document shows both tracts - however the lower tract is the 57 acres. The floorplan and house photos for information only.
For sale
$990,000
742 Highway 408, Polvadera, NM 87828
--beds
--baths
3,700sqft
Farm
Built in ----
57.37 Acres Lot
$-- Zestimate®
$268/sqft
$-- HOA
What's special
- 235 days |
- 99 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Lynn Johnson 505-350-5966,
Keller Williams Realty 505-897-1100
Source: SWMLS,MLS#: 1094444
Facts & features
Interior
Interior area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
Property
Features
- Fencing: Fenced
Lot
- Size: 57.37 Acres
- Topography: Level
Details
- Parcel number: 003003002604
- Zoning description: A-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Utilities & green energy
- Sewer: None
- Water: Other
- Utilities for property: See Remarks, Sewer Not Available
Community & HOA
Community
- Subdivision: NA
Location
- Region: Polvadera
Financial & listing details
- Price per square foot: $268/sqft
- Annual tax amount: $365
- Date on market: 11/13/2025
- Cumulative days on market: 235 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Other
Lynn Johnson
(505) 350-5966
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Estimated market value
Not available
Estimated sales range
Not available
$1,888/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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$865/sqft |
Source: SWMLS #1087240 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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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: 87828
Nearby schools
GreatSchools rating
- 9/10Midway Elementary SchoolGrades: K-5Distance: 1.7 mi
- 4/10R. Sarracino Middle SchoolGrades: 6-8Distance: 8 mi
- 4/10Socorro High SchoolGrades: 9-12Distance: 10.8 mi
- New Mexico
- Socorro County
- Polvadera
- 87828
- 742 Highway 408
Nearby cities
Nearby zip codes
Other Polvadera Topics
