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For sale
  • Price increase: $335K (5/11)
    $1,200,000

    Highway 60, Melrose, NM 88124

    3beds
    3,600sqft
    : 
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    Single Family Residence
    Built in ----
    400 Acres Lot
    $-- Zestimate®
    $333/sqft
    $-- HOA

    What's special

    Indoor fireplaceBeautifully improved homeNew roofUpdated flooringFully renovated kitchenCentral air and heatNew cabinetry
    400A± Deeded Acres - 480A± Optional Lease Acres Welcome to Night Sky Ranch, a rare opportunity to own a beautifully improved home and highly functional ranch just 7 miles west of Melrose, New Mexico and 4 miles north of US Highway 60. Set atop the Llano Estacado-one of the largest tabletop mesas in the world-this property offers wide-open views, productive grassland, abundant wildlife, and exceptional infrastructure. An additional 480 acres that is currently being leased by the current owners could possibly be leased by the new owners. Ask the broker for details. The newly remodeled 3,600A± square foot home features 3 bedrooms and 2 full bathrooms and has been thoughtfully updated throughout. Improvements include a new roof, new cabinetry, updated flooring, wiring, plumbing, and fully renovated kitchen and new sunroom with large windows and an indoor fireplace and cooking area. Central air and heat along with 2 wood stoves heat the home. Enjoy cool New Mexico evenings and expansive views from the back deck, making this home ideal for both everyday living and entertaining. Families will appreciate that Melrose boasts one of the top school systems in New Mexico, known for its low student-to-teacher ratio and high academic achievement. Melrose is a Class A school. It is known as a sports powerhouse in all competing sports for both boys and girls. School bus service is available directly to the front door. The ranch encompasses 400 deeded acres of native grass pasture, primarily blue grama, sideoats grama, and multiple bluestem varieties. The turf is in good to excellent condition and is divided into 16 pastures designed for high-intensity rotational grazing. Perimeter fencing is new condition and consists of welded pipe corners, new steel posts and net wire, while interior division fences are 12.5-gauge, three-wire electric, supported by both electric and solar chargers. Water is a standout feature, with a redundant and reliable system including three wells (two electric, one solar) feeding into a 5,000-gallon storage tank that distributes water to pastures and drinkers, via a pressure system. There are 10 tire drinkers on a float system, strategically placed so livestock travel no more than 1/4 mile for water. A playa lake adds additional character and utility to the mostly flat terrain at an elevation of approximately 4,465 feet. Improvements include a 14' x 125' shed row with Ritchie automatic drinkers, a 40' x 40' metal shop, a 40' x 25' insulated shop, a 10' x 20' carport, additional shed row, and another carport. The existing corral system-primarily panels-will not convey, providing buyers the flexibility to design a corral layout that best fits their operation. An insulated, portable building with cement covered porch and a side entrance can be used as a tack room, medicine room or additional storage. The building has electricity and a water hydrant to it. Also has extra storage space in the attic. Additionally there are also large evergreen trees providing a wind break on all sides of the headquarters. Historically, the property was home to the Rocklake community, adding a unique sense of heritage. Wildlife is abundant, with pronghorn antelope, mule deer, quail, dove, and other small game, making this ranch equally appealing for recreation and hunting. Night Sky Ranch has been an efficient, well maintained sheep operation that has developed and established a profitable "Farm to Table" business selling whole or half boxes of frozen lambs by mail. Night Sky Ranch is a great investment opportunity offering modern living, productive grazing land, excellent water, and classic New Mexico beauty under unmatched star-filled skies.
    143 days
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    165
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    4
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    Zillow last checked:

    Listed by:

    Brandon Smith,

    Beaverhead Ranch Group 505-328-2530

    Source: REALSTACK,MLS#: 98934

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Features
      • Has basement: No
      Interior area
      • Total structure area: 3,600
      • Total interior livable area: 3,600 sqft
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      Property

      Lot
      • Size: 400 Acres

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence

      Community & HOA

      Location
      • Region: Melrose

      Financial & listing details

      • Price per square foot: $333/sqft
      • Date on market: 2/15/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,685/mo

        Price history

        DateEventPrice
        5/11/2026Price change$1,200,000+38.7%$333/sqft
        Source: REALSTACK #98934 Report a problem
        2/15/2026Listed for sale$865,000$240/sqft
        Source: REALSTACK #98934 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 88124

        Getting around

        10 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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