Land with Home for Sale in Capitan, New Mexico

Welcome to Crown T Estate--a truly extraordinary opportunity where expansive skies, rolling terrain, and the rugged beauty of New Mexico converge. Situated on 140+- acres within Lincoln County's prestigious Ranchos de Caballos Estates, this unfinished yet exceptional 9,978+- sq ft custom home offers both scale and vision.

Built to showcase the expansive views of Sierra Blanca and the Capitan Mountains, the three-story residence--begun in 2022--is approximately 85% complete. With key infrastructure complete, skip the long wait times and skyrocketing construction costs. New builds in this region can take 2-3+ years and incur hundreds of thousands in soft costs before construction even begins. Instead, customize the finishes, fast-track your timeline, and create your forever escape. With architectural renderings available for review. Most of the essential materials have been carefully selected, purchased, and are currently stored on the property. From cozy fireplaces to view-filled windows and family-friendly living spaces, the home was thoughtfully planned for both warmth and connection. Over 6,500 sq ft on the main level provides ample space for multi-generational living, entertaining, or creating a full ranch-style compound. Crown T Estate offers the scale, setting, and flexibility to bring your vision to life.

A thoughtfully designed barn offering both high-end functionality and exceptional multi-use space, this well-appointed facility overlooks a potential arena site and features spacious 14' x 14' stalls, providing ample room and comfort for horses and other livestock. Spanning approximately 5,716+- sq ft (buyer to verify), the barn blends practical utility with modern comfort--making it ideal not only for ranch operations but also as a flexible venue for entertainment, guest accommodations, and workspace. Equipped with a dedicated veterinary suite, the barn supports great on-site animal care. Processing and breeding areas enhance operational efficiency for livestock management, while the potential arena location makes this an excellent setup for training, competition preparation, or recreational riding. In addition to its residential and recreational elements, the barn includes substantial space for equipment storage, feed, and tack. This facility delivers the infrastructure and versatility to support both a fully functioning ranch and a multi-purpose lifestyle hub. Whether you're managing livestock, hosting guests, or crafting a personalized living or working environment, this barn is built to exceed expectations.

Located in Game Management Unit 37 (GMU 37), this property sits in prime big game country, offering exceptional hunting and wildlife opportunities. The diverse terrain provides excellent habitat for elk, mule deer, antelope, and Barbary sheep, drawing a wide range of game throughout the seasons. The area is especially well known for producing trophy bull elk and pronghorn, making it a highly sought-after destination for big game hunters. With the property bordering New Mexico State Land, it opens access to even broader areas for hunting, glassing, and recreation--expanding the opportunities well beyond the deeded acreage.

Ranchos de Caballos Estates, is one of New Mexico's premier large-acreage communities, known for its privacy, natural beauty, and expansive views. This exclusive setting offers seclusion without sacrificing convenience. Saddle up for a morning ride, host unforgettable gatherings with mountain backdrops, or unwind under New Mexico's star-filled skies. 398 Pine Lodge Rd offers scale, serenity, and limitless potential--all in one of New Mexico's most scenic, storied regions. Whether you're a hunter, a horse lover, or just seeking a peaceful, private haven to reconnect with nature, this property offers unmatched opportunity.

Main Property Features o140+- acres of private, fully fenced land o9,978+- sq ft custom home across 3 stories o6,500+- sq ft main floor footprint oConstruction approx. 85% complete - finish to your specifications oPrivate well, electric and natural gas in place oPaved highway frontage oLocated in Capitan School District oSubdivision: Ranchos de Caballos Estates oPanoramic views, rural privacy, and strong recreational potential

Barn & Agricultural Features oBarn with 14' x 14' stalls overlooking potential arena site o5716+- sq ft of barn living/entertainment space (buyer to verify) oSmart greenhouse built to withstand Cat 1 hurricane winds and snow loads

Wildlife & Hunting oLocated in Game Management Unit 37 (GMU 37) oHabitat for elk, mule deer, antelope, Barbary sheep oKnown for trophy bull elk and pronghorn

Nearby Public Lands & Recreation oCapitan Mountains Wilderness (~35,067 acres): Rugged terrain, limited access, birthplace of Smokey Bear oWhite Mountain Wilderness (~46,963 acres): Hiking, horseback riding, camping, including 20-mile Crest Trail oLincoln National Forest: Year-round outdoor activities including skiing, fishing, biking, and equestrian trails oBonito Lake: High-elevation reservoir for trout fishing, hiking, and camping

Contact us today for more details, current status, and customization opportunities.

** Co-listed with Erika Perry of HiLo Realstate