Hubbard Irrigated Hay Farms is a meticulously cared for 775-acre alfalfa farm with extensive water rights. The farm is located three miles north of Tularosa, NM and 40 miles Southwest of Ruidoso, NM. Surrounded by the Sacramento and San Andres mountains, this magnificent setting offers fantastic year-round climate, favorable property taxes, excellent water resources, developed roads and fencing throughout the property. Enjoy breathtaking views of Sierra Blanca Peak (12,000 feet elevation) and White Sand National Park (4,000 feet elevation) throughout the property. Irrigation Network1,600 acre feet of water rights and extensive irrigation infrastructure convey with the property.
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Price Unknown
8196 Us Highway 54, Tularosa, NM 88352
2beds
1,204sqft
Farm
Built in 1965
775 Acres Lot
$4,178,500 Zestimate®
$--/sqft
$1,311 Estimated rent
Home value
$4,178,500
$3.38M - $5.18M
$1,311/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Brant Hamilton 575-937-4721,
Fathom Realty NM
Bought with:
Out Of Area
Out of Area
Source: RLCMLS,MLS#: 132403
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- Other
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,204 sqft
Property
Parking
- Parking features: Other, See Remarks
Features
- Levels: One
- Stories: 1
- Fencing: Fenced,Perimeter,See Remarks,Wood
- Has view: Yes
- View description: Mountain(s), Panoramic
Lot
- Size: 775 Acres
- Features: See Remarks, Views
Details
- Additional structures: Barn(s), Corral(s), See Remarks, Storage, Workshop
- Parcel number: R054439
- Zoning: Rural
- Other equipment: Call Listing Agent, Farm Equipment, Irrigation Equipment, List Available
- Horse amenities: Corral(s), Other
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Farm
Materials
- Other
Condition
- See Remarks
- Year built: 1965
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Security Gate
- Subdivision: Metes & Bounds
Location
- Region: Tularosa
Financial & listing details
- Tax assessed value: $53,808
- Annual tax amount: $6,106
- Date on market: 4/18/2025
- Cumulative days on market: 154 days
- Listing terms: Cash,Conventional,1031 Exchange,USDA Loan
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Sold | -- |
Source:  RLCMLS #132403 Report a problem | ||
| 11/26/2025 | Pending sale | $5,700,000$4,734/sqft |
Source: RLCMLS #132403 Report a problem | ||
| 9/20/2025 | Listing removed | $5,700,000$4,734/sqft |
Source: RLCMLS #132403 Report a problem | ||
| 7/5/2025 | Price change | $5,700,000-18%$4,734/sqft |
Source: RLCMLS #132403 Report a problem | ||
| 6/9/2025 | Price change | $6,950,000-10.3%$5,772/sqft |
Source: RLCMLS #132403 Report a problem | ||
| 4/18/2025 | Listed for sale | $7,750,000+8767.3%$6,437/sqft |
Source: RLCMLS #132403 Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 6/23/2021 | Listed for sale | $87,400$73/sqft |
Source:  OCMLS #164888 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $436 +0.9% | $17,936 |
| 2024 | $432 -1.1% | $17,936 |
| 2023 | $437 -85% | $17,936 -85% |
| 2022 | $2,906 +60.2% | $119,429 +60% |
| 2021 | $1,814 -36.4% | $74,643 -36.5% |
| 2020 | $2,853 -29.9% | $117,567 -29.1% |
| 2019 | $4,070 +414% | $165,868 +414.6% |
| 2018 | $792 +2.6% | $32,230 +1.7% |
| 2017 | $772 +1% | $31,706 +1.6% |
| 2016 | $764 | $31,192 +186.5% |
| 2015 | -- | $10,886 |
Find assessor info on the county website
Neighborhood: 88352
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Nearby schools
GreatSchools rating
- 9/10Tularosa Elementary SchoolGrades: PK-2Distance: 3.1 mi
- 7/10Tularosa Middle SchoolGrades: 7-8Distance: 3 mi
- 8/10Tularosa High SchoolGrades: 9-12Distance: 2.5 mi
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$4,178,500
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+$83,570
With Zillow Showcase(estimated)
$4,262,070
- New Mexico
- Otero County
- Tularosa
- 88352
- 8196 Us Highway 54
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