Rio Peñasco Paradise37.55A± Acres • Mayhill, New Mexico
Welcome to Rio Peñasco Paradise, an exceptional 37.55A± acre mountain property located just north of Mayhill along US Highway 82, offering a rare blend of live water, irrigated pasture, equestrian improvements, and a striking log home in the heart of the Sacramento Mountains.
The property is anchored by an impressive log home that captures the timeless character of mountain living. Warm wood interiors, generous living spaces, and large windows create a comfortable retreat ideal for full-time residence, weekend escapes, or a premier mountain getaway. The home is available fully furnished, allowing a new owner to step right into mountain living. From the home, owners often enjoy watching elk feeding along the scrub oak hillside, a memorable daily sight that highlights the area's rich wildlife and natural setting.
The scenic Rio Peñasco flows through the property, providing year-round beauty, peaceful ambiance, and a valuable water resource. The ranch includes 14.22 acres of water rights from the Rio Peñasco, which irrigate permanent pasture, an uncommon feature in this high-elevation environment. These lush meadows are perfectly suited for horses, small livestock, or simply enjoying vibrant green open space among the pines.
Designed for the equestrian lifestyle as well as the hobby farmer, homesteader, or small cattle operation, Rio Peñasco Paradise features horse stalls with integrated hay storage, offering convenient and functional facilities for care and feeding. The irrigated pasture and open acreage provide ample room to ride, graze livestock, raise animals, and enjoy the outdoors.
With direct frontage on US Highway 82, the property enjoys excellent year-round access and a central location between Cloudcroft and Ruidoso. The nearby community of Mayhill is just minutes away, while Cloudcroft's golf, dining, and cool summer climate and Ruidoso's broader amenities, shopping, and entertainment are all within easy driving distance.
Rio Peñasco Paradise combines live water, valuable water rights, productive pasture, and quality improvements into a highly versatile offering, ideal as a private equestrian ranch, mountain residence, recreational retreat, or legacy property in one of southern New Mexico's most scenic corridors.
Offered by Beaverhead Ranch Group, LLC this is a rare opportunity to own a furnished Rio Peñasco property with water rights and exceptional improvements in a premier Sacramento Mountains setting.
For sale
$1,700,000
Us Highway 82, Mayhill, NM 88339
2beds
2,815sqft
Single Family Residence
Built in 2018
37.55 Acres Lot
$1,582,500 Zestimate®
$604/sqft
$-- HOA
What's special
Impressive log homeFully furnishedWarm wood interiorsGenerous living spacesLarge windows
- 256 days
- 337
- 15
Zillow last checked:
Listed by:
Colin McVaugh, ARA,
Beaverhead Ranch Group 505-328-2530
Source: REALSTACK,MLS#: 96429
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- Other
Features
- Flooring: Hardwood
- Has basement: No
Interior area
- Total structure area: 2,815
- Total interior livable area: 2,815 sqft
Video & virtual tour
Property
Lot
- Size: 37.55 Acres
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Metal
Condition
- Year built: 2018
Community & HOA
Location
- Region: Mayhill
Financial & listing details
- Price per square foot: $604/sqft
- Date on market: 1/9/2026
- Lease term: Contact For Details
Estimated market value
$1,582,500
$1.50M - $1.66M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Price change | $1,700,000-19%$604/sqft |
Source: REALSTACK #96429 Report a problem | ||
| 1/9/2026 | Price change | $2,100,000+1580%$746/sqft |
Source: REALSTACK #96429 Report a problem | ||
| 2/19/2024 | Pending sale | $125,000$44/sqft |
Source: SNMMLS as distributed by MLS GRID #2400481 Report a problem | ||
| 2/16/2024 | Listed for sale | $125,000$44/sqft |
Source: SNMMLS as distributed by MLS GRID #2400481 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




