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Land for Sale in Sapello, New Mexico

785 County Rd A3, Sapello, NM 87745

$5,850,000
2,039 acres
Active
$1.4m drop
Est $43,536/mo

Rancho San Ignacio is a historic jewel in the heart of northern New Mexico. The property consists of 2,039+- deeded acres at the base of the iconic Hermit's Peak. The adobe hacienda compound frames a spectacular backdrop. The Sapello River runs for 1.7+- miles through the property, providing habitat for brown trout. The Rito Colorado and other creeks and springs supply water for abundant wildlife, including elk, mule deer, and black bears. There is an adjoining 1,268+- acres available as well.

Initially purchased by Richard Pritzlaff in 1935, the ranch was the headquarters of Mr. Pritzlaff's world-renowned Arabian horse breeding program and his extensive art collection. The ranch was often a gathering place for area socialites and artists, including Georgia O'Keefe. The walls of the 1,300+- square-foot bunkhouse are adorned with spectacular murals painted in the 1940s by the famous native American artist Ma Pe Wi and meticulously restored in 2008.

Mr. Pritzlaff was one of the first landowners in the area to recognize the need to protect the beauty and value of the natural environment. He donated the ranch to The Nature Conservancy, which subsequently sold it to the non-profit Biophilia Foundation. Under Biophilia's stewardship, the ranch has been managed for conservation and demonstration of forest, meadow, and watershed management practices. Projects include forest thinning, prescribed fire, and riparian and stream enhancements to restore the land's natural ecosystem processes. The thinning and prescribed burning projects were highly effective in limiting the effects of the 2022 wildfires, and the small portions affected are recovering nicely.

The compound consists of the 4,400+- square-foot hacienda, 1,700+- square-foot guest house, and the mural-adorned bunkhouse, each over 100 years old. The improvements were extensively renovated in 2005. There's also a large shop/garage and carport. Three old wooden barns add charm to the setting under the dramatic backdrop of Hermit's Peak.

Location

Street address
785 County Rd A3
Elevation
7,254 feet
Coordinates
35.7685, -105.346

Property details

Acreage
2,039 acres
Posted

Listing history

DateEventPriceChangeSource
June 23, 2025Back on market$5,850,000Listing agent
May 13, 2025Under contract$5,850,000Listing agent
Mar 7, 2025New listing$5,850,000$1,400,000 -19.3%Listing agent
Jan 9, 2024Listing removed$7,250,000Listing agent
Sept 5, 2023Price drop$7,250,000$700,000 -8.8%Listing agent
May 4, 2023Price drop$7,950,000$500,000 -5.9%Listing agent
Nov 15, 2022New listing$8,450,000Listing agent
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This 2,039-acre property is located at 785 County Rd A3 in Sapello, NM 87745. The property is available for sale for $5,850,000 with a price per acre of $2,869.

Checked 35 mins ago — Updated

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