Offered at approximately $930 per acre -- a full section of around 640 acres (one square mile) nestled in New Mexico's Estancia Valley.Own your view, your quiet, and the distance to the next house. This is a peaceful rural setting with real room to roam: you can ride or walk for hours and still be on your own land. Use it as a tranquil retreat to build a dream home, a working cattle or horse ranch, a long-term investment, or all three.The landA rare contiguous square mile with paved NM Highway 55 frontage on one side and gravel county roads on the other three, so you have easy year-round access and multiple entry points. Perimeter fencing is already in place on all four sides -- a solid foundation for livestock. Wide-open valley space, privacy, and the kind of silence that is hard to find.ImprovementsTwo double-car concrete-block garage/shops give you usable covered space from day one for equipment, tools, or a ranch headquarters.Three wells are on the property (buyer to verify condition, production, and any permits): One well has a pump, pressure tank, well house, and cattle trough. Running water has been observed; the well itself has not been professionally inspected. A second well has power, a pump, and a cattle trough. There is no pressure tank. Water status is unverified. A third well is equipped with a windmill pump, with no electric power or pressure tank. Water status is unverified and the system may need repair.Homesite noteThe original homestead building has been abandoned for decades. It is uninhabitable and unsafe to enter: the roof leaks, the floors are unstable, and it is not salvageable. The septic system, if any, is unknown and is assumed to be unpermitted. Plan on a new homesite building and new waste system if you intend to live on the land.Why it worksA full section with highway frontage, county-road access on three sides, existing shops, fencing, and multiple water sources is uncommon in the Estancia Valley. Build the house you have been picturing, run cattle, keep horses, hold the land as an investment, or simply control a square mile of New Mexico.This appears to be zoned AP-10, so may be able to be subdivided into smaller lots with proper application and approval from Torrance County. Buyer to verify.Buyer to independently verify wells, water rights, fencing, access, septic, utilities, and all improvements. Do not enter the old homestead building.
Lot/land
Price cut: $50K (9/15)
$595,000
State Highway 55 Rnch, Estancia, NM 87016
--beds
--baths
640Acres
Farm
Built in ----
640 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rare contiguous square mileEasy year-round accessPeaceful rural settingReal room to roamMultiple entry pointsWide-open valley space
- 213 days
- 97
- 8
Zillow last checked:
Listing updated:
Listed by:
Clint Hanley 509-314-5002,
The Sanchez Group Realty 505-384-3042,
Brandon C Sanchez 505-720-4332,
The Sanchez Group Realty
Source: SWMLS,MLS#: 1098864
Facts & features
Property
Lot
- Size: 640 Acres
- Topography: Level
Details
- Parcel number: 1043035130133000000
- Zoning description: AP
Utilities & green energy
- Sewer: None
- Water: Private, Well
- Utilities for property: Cable Not Available, Electricity Connected, Natural Gas Not Available, Water Connected, Sewer Not Available
Community & HOA
Location
- Region: Estancia
Financial & listing details
- Annual tax amount: $55
- Date on market: 2/23/2026
- Cumulative days on market: 216 days
- Listing terms: Cash,Conventional,Owner May Carry
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $595,000-7.8% |
Source: | ||
| 8/12/2026 | Price change | $645,000-7.2% |
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| 7/3/2026 | Price change | $695,000-6.7% |
Source: | ||
| 6/1/2026 | Price change | $745,000-6.3% |
Source: | ||
| 4/26/2026 | Price change | $795,000-5.9% |
Source: | ||
| 3/18/2026 | Price change | $845,000-5.6% |
Source: | ||
| 1/30/2026 | Listed for sale | $895,000 |
Source: | ||
Public tax history
Tax history is unavailable.



