Skip main navigation
For sale
  • $1,700,000

    Us Highway 82, Mayhill, NM 88339

    2beds
    2,815sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2018
    37.55 Acres Lot
    $1,584,500 Zestimate®
    $604/sqft
    $-- HOA

    What's special

    Impressive log homeFully furnishedWarm wood interiorsGenerous living spacesLarge windows
    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.
    184 days
    |
    333
    |
    15
    |

    Zillow last checked:

    Listed by:

    Colin McVaugh, ARA,

    Beaverhead Ranch Group 505-328-2530

    Source: REALSTACK,MLS#: 96429

    Loading...

      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

        $1,584,500

        $1.51M - $1.66M

        Not available

        Price history

        DateEventPrice
        1/30/2026Price change$1,700,000-19%$604/sqft
        Source: REALSTACK #96429 Report a problem
        1/9/2026Price change$2,100,000+1580%$746/sqft
        Source: REALSTACK #96429 Report a problem
        2/19/2024Pending sale$125,000$44/sqft
        Source: SNMMLS as distributed by MLS GRID #2400481 Report a problem
        2/16/2024Listed 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88339

        Getting around

        4 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts