5.68 acres in Peralta with pre-1907 water rights, established pasture, equestrian facilities and more than 750 lavender plants create an exceptional opportunity for agricultural, equestrian and rural living. A new domestic well and new livestock well serve the property, while five varieties of established lavender are maintained with drip irrigation. Equestrian improvements include a five-stall barn with runs, mare and foal paddock, approximately 255' x 95' riding arena, and ample space for trailer parking and maneuvering. Multiple additional buildings provide extensive garage, workshop, storage, studio and gathering space, including a converted adobe barn with character all its own.At the heart of the property is an approximately 3,000 sq. ft. adobe residence, originally built in 1975 and extensively renovated and expanded in 2007. Authentic New Mexico craftsmanship is found throughout with vigas, latilla ceilings, brick floors, hand-scraped hickory flooring, wood windows and a large kiva fireplace. The kitchen features custom cabinetry, a six-burner Wolf range and porcelain farmhouse sink. A spacious primary suite, two additional bedrooms--one with an en-suite bath--and generous living and gathering spaces provide room to settle in and stay awhile.Expansive covered front and back porches overlook a setting shaped by mature trees, pasture and open space. A pond, treehouse deck and mature tree-lined drive add to the character of a property well suited for horses, agriculture, hobbies and gatherings. A new TPO roof (2025) adds to the extensive improvements.
For sale
$1,299,000
99 Molina Rd, Peralta, NM 87042
--beds
--baths
2,991sqft
Unimproved Land, Farm
Built in ----
5.68 Acres Lot
$-- Zestimate®
$434/sqft
$-- HOA
What's special
Authentic new mexico craftsmanshipLarge kiva fireplaceEquestrian facilitiesFive-stall barn with runsDrip irrigationEstablished pastureSix-burner wolf range
- 10 days
- 269
- 22
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Margaret L Henderson 505-250-2364,
Momentum Real Estate Group 505-515-6500
Source: SWMLS,MLS#: 1111093
Facts & features
Interior
Interior area
- Total structure area: 2,991
- Total interior livable area: 2,991 sqft
Property
Features
- Fencing: Fenced
Lot
- Size: 5.68 Acres
- Topography: Level
Details
- Additional structures: Barn(s), Corral(s), Outbuilding
- Parcel number: 1013040143150000000
- Zoning description: RR
- Horses can be raised: Yes
- Horse amenities: Horses Allowed
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Unimproved Land, Farm
Utilities & green energy
- Sewer: Public Sewer
- Water: Private, Well
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Location
- Region: Peralta
Financial & listing details
- Price per square foot: $434/sqft
- Tax assessed value: $632,497
- Annual tax amount: $7,417
- Date on market: 9/17/2026
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Crops included: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $1,299,000+52.8%$434/sqft |
Source: | ||
| 10/11/2022 | Sold | -- |
Source: | ||
| 8/28/2022 | Pending sale | $850,000$284/sqft |
Source: | ||
| 7/17/2022 | Price change | $850,000-5.5%$284/sqft |
Source: | ||
| 5/13/2022 | Listed for sale | $899,000$301/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,709 -17% | $210,832 +3% |
| 2024 | $6,875 +1.6% | $204,713 +3% |
| 2023 | $6,764 +67.5% | $198,772 +61.1% |
| 2022 | $4,039 +2.6% | $123,422 +3% |
| 2021 | $3,937 +1.7% | $119,849 +3% |
| 2020 | $3,870 +0.3% | $116,379 |
| 2019 | $3,858 +4% | $116,379 +3% |
| 2018 | $3,711 +4.7% | $113,011 +3% |
| 2017 | $3,544 | $109,741 +3% |
| 2016 | -- | $106,566 +3% |
| 2015 | -- | $103,483 -18.1% |
| 2013 | -- | $126,350 -65.7% |
| 2011 | $2 | $368,052 -20.2% |
| 2007 | -- | $461,046 |
Find assessor info on the county website
Monthly payment
Est. payment





