Highway 304, Veguita, NM 87062 (MLS# 1096459)

Highway 304, Veguita, NM 87062

$1,100,000

Property Type: Land Lot Size (sq. ft.): 670,388 Status: Active

Current Price: $1,100,000 List Date: 12/20/2025 Last Modified: 5/05/2026

Overview

Description

The Casa Colarada Farm sits at the southwest corner of State Highways 346 and 304 just a few minutes south of Belen, NM within the Rio Grande Valley. All ''Pre 1907 Water Rights'' will convey with the land. Files are available by request. There are two productive fields, one 5 ac. and one 10 ac. Both fields have been planted in Alfalfa for the past few years. Local farmers typically get 4 cuts per season. Irrigation water is provided by the Middle Rio Grande Conservancy District from April through October at the rate of $59 per acre watered. A concrete ditch services both fields. Currently the property is zoned Agricultural although having Hwy frontage brings opportunity for commercial development as well. Electricity is at the Highway. Domestic wells in the area range from 100'-225' deep

Supplements: These rights are transferrable with approval. The seller's will consider offers to purchase the 1907 Water Rights separately or with the land. Further information will be provided upon request. Electricity is at the Highway. Domestic wells in the area range from 100'-225' deep. Propane would be the easiest gas service and septic systems are typical ... (Read more)

Listing Details MLS# 1096459

Contract Information

List Price/Acre: 71474.98
List Price/Lot SqFt: 1.64

Location

Street Name: Highway 304
County: Valencia
City/Town Code: Veguita
State/Province: NM
Zip Code: 87062
MLS Area Major: 742 - Jarales Bosque
Zone Atlas: YYY8

General Property Description

# of Lots: 3
May Subdivide: No
Acres: 15.39
Lot SqFt: 670388
Lot Size Source: Survey
Flood Zone: A
Package Deal: Yes
Apx Lot Dim Front: No
Apx Lot Dim Side: No

Legal Description Details

Short Legal Desc: Tracts 8B1 A,B,C
Tract: A,B,C
Unit: N/A
Block: N/A
Lot: N/A
Subdivision Name: N/A
Section: N/A
Township: N/A
Range: N/A

Utility Impact Fee

Utility Impact Fee: Unknown

Sales Info

Seller Assist Ofrd: No
Trade/Xch Considered: No

More Information

Association Details

Association: No

Currently Not Used

Bank Owned: No

Tax & Legal Info

UPC Code: NotAvailable
PID: No
SAD: No
Current Taxes: 150
GRT Code: 14-014
Tax Exemption: Yes

Remarks & Misc

Directions: Southwest Corner of Hwy 346 and Hwy 304

Distance to Water

None: Yes

Dist to Electrical

In Street: Yes

Distance to Sewer

None: Yes

Distance to Phone

In Street: Yes

Distance to Gas

None: Yes

Utilities

See Remarks: Yes

Distance to Cable

None: Yes

Possession

Day of Funding: Yes

Existing Survey

Staked Boundary Srvy: Yes

Features

Horses Permitted: Yes
Views: Yes
Other - See Remarks: Yes

Property Access

E Property Line: Yes
N Property Line: Yes

Irrigation Source

Ditch: Yes

Wastewater

None: Yes
Other - See Remarks: Yes

Water Source

Other: Yes

Fencing

Wire: Yes

Type

Acreage: Yes
Agricultural: Yes
Residential: Yes

Docs/Data Available

Aerial Map: Yes
State Engineer Repor: Yes

Topography

Other - See Remarks: Yes

Timber/Mineral Right

Conservancy Rights: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Restrictive Covenant

Same As Zoning: Yes

Zoning

A-1: Yes

Property Features

Distance to Water: None Dist to Electrical: In Street Distance to Sewer: None Distance to Phone: In Street Distance to Gas: None Distance to Cable: None Existing Survey: Staked Boundary Srvy Possession: Day of Funding Type: Acreage; Agricultural; Residential Topography: Other - See Remarks Property Access: E Property Line; N Property Line Features: Horses Permitted; Views; Other - See Remarks Fencing: Wire Utilities: See Remarks Restrictive Covenant: Same As Zoning Wastewater: None; Other - See Remarks Water Source: Other Irrigation Source: Ditch Finance Considered: Cash; Conventional Zoning: A-1

Listing Office: Mossy Oak Prop. Centerfire RE

Last Updated: May - 05 - 2026

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.