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Land for Sale in Lemitar, New Mexico

Lemitar Farm, Lemitar, NM 87823

$380,000
38.8 acres
Active
$20k drop
Est $2,621/mo

Owner financing! Priced to sell! 38+ acre Farm. Includes MRGCD irrigation water rights. Fantastic mountain views. Homesite area with power located on paved county road 91. Just north of Escondida exit and close to Escondida Lake. Close to Socorro and local amenities. The property has been cleared of brush and trees and is ready to be leveled for planting. Offers a new owner the opportunity to design and develop to suit their needs. There are 31 +/- shares of conservancy water rights.

Location

Street address
Lemitar Farm
Community
North Socorro
Elevation
4,672 feet
Coordinates
34.1418, -106.9106

Directions

Lemitar exit. South on frontage road to sign

Property details

Acreage
38.84 acres
MLS #
SWMLS 1081410
Posted

Property taxes

Recent
$325

Details and features

Listing

Type
Land
Franchise
Coldwell Banker Real Estate

Lot

Features
Acreage

Structure

Water
Private, Well
Sewer
Septic Tank

Listing history

DateEventPriceChangeSource
July 9, 2025Price drop$380,000$19,999 -5%SWMLS
Apr 5, 2025New listing$399,999SWMLS
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This 38.84-acre property is located at Lemitar Farm in Lemitar, NM 87823. The property is available for sale for $380,000 with a price per acre of $9,784.

Checked 1 hour ago — Updated

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