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Land for Sale in Las Vegas, New Mexico

San Miguel County, Las Vegas, NM 87701

$2,275,000
1,317 acres
Active
ago
Est $16,931/mo

Rancho El Patron encompasses 1,317+- acres of varied, high-desert terrain in northern New Mexico with elevation, privacy, and commanding views. From multiple vantage points, the ranch looks toward the Sangre de Cristo Mountains and across recognizable local landmarks, including Hermit's Peak and portions of the historic Old Santa Fe Trail corridor. Access is a major advantage: the property fronts U.S. Highway 84 and also offers paved access via NM-84, just 10 miles from Interstate 25. Historic Las Vegas, New Mexico is about 20 minutes away, while Santa Fe is roughly an hour for dining, arts, and services.

The ranch is defined by a dramatic series of rocky bluffs, including roughly a mile of rimrock rising more than 300 feet above the surrounding landscape. Rolling hills, mesas, pinon-juniper woodland, arroyos, and prominent rock outcroppings create a diverse setting across elevations ranging from approximately 5,800 to 6,300 feet. Higher ground provides broad vistas and a selection of potential building sites positioned for views and separation.

Held as a private family ranch for many years and historically tied to an early Spanish land grant, the property includes infrastructure that supports flexible ownership and use. Two miles of water pipeline and underground electric extend along interior roads to serve seven potential building sites. Rancho El Patron is divided into three legal parcels, offering meaningful options for future ownership and long-term planning, including conservation considerations.

Improvements include a furnished three-bedroom, two-bath manufactured home, plus a four-car carport/workshop and a single carport. Water resources include two wells, five dirt tanks, three drinkers, and an extensive underground distribution system. Cattle facilities include pens and a loading chute. Located in New Mexico Game Management Unit 43, the ranch supports elk, mule deer, black bear, turkey, and mountain lion, and qualifies for unlimited landowner elk tags and over-the-counter landowner deer hunting.

Location

Property details

Acreage
1,317 acres
Posted

Listing history

DateEventPriceChangeSource
Feb 19, 2026New listing$2,275,000Listing agent
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This 1,317-acre property is located in Las Vegas, NM 87701. The property is available for sale for $2,275,000 with a price per acre of $1,727.

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