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Land with Home for Sale in Placitas, New Mexico

772 State Highway 165, Placitas, NM 87043

$1,950,000
7 acres
Active sale
$250k drop
Est $10,956/mo

ELK RIDGE RANCH Welcome to Elk Ridge Ranch, a remarkable 2 parcels combined for a 7+/- acre luxury estate nestled in the foothills of Placitas with breathtaking Sandia Mountain views and expansive New Mexico skies. Thoughtfully designed by the Dansfelser family, this extraordinary property blends authentic Southwestern architecture with exceptional ranch infrastructure, creating a one-of-a-kind estate ideal as a private residence, equestrian property, executive retreat, boutique ranch, or potential bed-and-breakfast, wellness retreat, or hospitality destination (subject to zoning and permitting). The custom 4,730+/- square-foot residence showcases timeless craftsmanship with diamond-finish plaster walls, exposed vigas, brick and flagstone flooring, generous living areas, and abundant natural light. Designed for both everyday living and entertaining, the home features multiple gathering spaces, a spacious sunroom overlooking the grounds, a private primary suite, refrigerated air, instant hot water, surround sound, smart-home technology, motion sensors, and an expansive game room. A detached 944+/- square-foot guest home offers two bedrooms, a full kitchen, living area, laundry, and private separation from the main residence. Ideal for extended family, guests, a caretaker, private office, or creative studio, it adds exceptional flexibility to the estate. The outdoor setting is equally impressive. A private pond with a waterfall, diving platform, cooled pump house, built with a durable 60 mil liner, and an RV hook up, serves as the centerpiece of the property, creating a peaceful setting for entertaining, recreation, and enjoying the surrounding landscape. Mature trees, open pasture, sweeping mountain views, and thoughtfully designed improvements create a rare combination of beauty, privacy, and functionality. A passion for ranch-style luxury living is evident throughout the estate. Every element has been carefully planned, from the placement of the residence and guest home to the ranch improvements and expansive pastures, creating a seamless blend of elegance, functionality, and natural beauty. Purposefully improved for ranch operations, Elk Ridge Ranch features extensive large-game perimeter fencing, multiple fenced pastures and paddocks, a substantial steel equipment building, covered equipment and hay storage, detached garage/workshop, refrigerated workspace and storage, utility buildings, and excellent internal access throughout the property. These improvements represent years of thoughtful planning and significant investment while maintaining the elegance of the estate. Additional amenities include an owned solar system, private well servicing both residences, owned propane tanks, recently refreshed stucco, Pella windows installed within the past several years, a roof reported to be approximately ten years old, and a three-car garage, enhancing efficiency, comfort, and long-term value. Located in highly desirable Placitas, the property offers peaceful rural living just minutes from Albuquerque, Interstate 25, shopping, dining, golf, hiking, and approximately one hour from Santa Fe. More than simply a home on acreage, Elk Ridge Ranch is a legacy estate where luxury, craftsmanship, scenic beauty, and exceptional ranch infrastructure come together to create one of Placitas' most remarkable offerings. Whether your vision is a private family sanctuary, luxury ranch, equestrian property, or boutique hospitality retreat, this exceptional estate offers a rare opportunity to own one of New Mexico's finest properties.

5,674
Sq feet
4
Beds
3
Full baths
1
3/4 bath
1
1/2 bath
1962
Built

Location

Street address
772 State Highway 165
Zip code
87043
Community
Lands of Danfelser
Elevation
6,200 feet
Coordinates
35.3041, -106.4101

Directions

Placitas Exit From I-25-e For 7.6 Mi(Just Past 7 Mile Marker)on Right-enter Elk Ridge Ranch Drive At 772 Hwy 165

Property details

Acreage
6.93 acres
MLS #
SWMLS 1108480
Posted

Property taxes

Recent
$3,130

Parcels

  • 1027072486524

Legal description

Details and features

Listing

Type
Residential
Franchise
RE/MAX International

Exterior

Pool
Private

Structure

Stories
2

Interior

Room Count
10
Rooms
Bathroom x 5, Bedroom x 4, Dining Room, Family Room x 2
Fireplaces
Yes

Nearby schools

NameType
PlacitasElementary
BernalilloMiddle
BernalilloHigh

Listing history

DateEventPriceChangeSource
Nov 9, 2026Relisted$1,950,000—SWMLS
Oct 28, 2026Removed$1,950,000—Listing agent
Sept 25, 2026Price drop$1,950,000$250,000 -11.4%SWMLS
Aug 4, 2026New listing$2,200,000—SWMLS
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This 6.93-acre property is located at 772 State Highway 165 in Placitas, NM 87043. The property is available for sale, priced at $1,950,000. It has a 5,674 square foot 4-bedroom, 4.5-bath house built in 1962.

Listed by RE/MAX Elevate, (505) 702-8789

Checked 1 hour agoUpdated Source

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