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Agricultural & Residential Land for Sale in Estancia, New Mexico

State Highway 55 - Land, Estancia, NM 87016

$545,000
640 acres
Active sale
$50k drop
Est $3,840/mo

Offered at approximately $850 per acre -- a full section of around 640 acres (one square mile) nestled in New Mexico's Estancia Valley.Own your view, your quiet, and the distance to the next house. This is a peaceful rural setting with real room to roam: you can ride or walk for hours and still be on your own land. Use it as a tranquil retreat to build a dream home, a working cattle or horse ranch, a long-term investment, or all three.The landA rare contiguous square mile with paved NM Highway 55 frontage on one side and gravel county roads on the other three, so you have easy year-round access and multiple entry points. Perimeter fencing is already in place on all four sides -- a solid foundation for livestock. Wide-open valley space, privacy, and the kind of silence that is hard to find.ImprovementsTwo double-car concrete-block garage/shops give you usable covered space from day one for equipment, tools, or a ranch headquarters.Three wells are on the property (buyer to verify condition, production, and any permits): One well has a pump, pressure tank, well house, and cattle trough. Running water has been observed; the well itself has not been professionally inspected. A second well has power, a pump, and a cattle trough. There is no pressure tank. Water status is unverified. A third well is equipped with a windmill pump, with no electric power or pressure tank. Water status is unverified and the system may need repair.Homesite noteThe original homestead building has been abandoned for decades. It is uninhabitable and unsafe to enter: the roof leaks, the floors are unstable, and it is not salvageable. The septic system, if any, is unknown and is assumed to be unpermitted. Plan on a new homesite building and new waste system if you intend to live on the land.Why it worksA full section with highway frontage, county-road access on three sides, existing shops, fencing, and multiple water sources is uncommon in the Estancia Valley. Build the house you have been picturing, run cattle, keep horses, hold the land as an investment, or simply control a square mile of New Mexico.This appears to be zoned AP-10, so may be able to be subdivided into smaller lots with proper application and approval from Torrance County. Buyer to verify.Buyer to independently verify wells, water rights, fencing, access, septic, utilities, and all improvements. Do not enter the old homestead building.

Location

Street address
State Highway 55 - Land
Zip code
87016
Community
Estancia McIntosh
Elevation
6,279 feet
Coordinates
34.7577, -106.1444

Directions

From Albuquerque take I-40 E. Go for approximately 35 mi.Take exit 196 toward NM-41/Howard Cavasos Blvd. Turn right onto Howard Cavasos Blvd N (NM-41) toward Estancia. Go for 17.2 mi.Turn right on NM-55. Go approximately 5 miles. Section 7 is on the right. The first corner is at Bluegrass and Hwy 55. The other sides are Peacock Road and Alan Ayers Road West.

Property details

Acreage
640 acres
Zoning
AP
MLS #
SWMLS 1097498
Posted

Property taxes

Recent
$54

Parcels

  • 1043035130133000000

Details and features

Listing

Type
Land
Address
State Highway 55 - Land

Lot

Features
Acreage, Meadow, Stream Creek, Views

Exterior

Structures
Outbuilding

Structure

Water
Private, Well

Listing history

DateEventPriceChangeSource
Oct 21, 2026Price drop$545,000$50,000 -8.4%SWMLS
Sept 16, 2026Price drop$595,000$50,000 -7.8%SWMLS
Aug 12, 2026Price drop$645,000$50,000 -7.2%SWMLS
July 3, 2026Price drop$695,000$50,000 -6.7%SWMLS
June 1, 2026Price drop$745,000$50,000 -6.3%SWMLS
Apr 26, 2026Price drop$795,000$50,000 -5.9%SWMLS
Mar 18, 2026Price drop$845,000$50,000 -5.6%SWMLS
Jan 30, 2026New listing$895,000—SWMLS
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This 640-acre property is located at State Highway 55 - Land in Estancia, NM 87016. The land is available for sale, priced at $545,000 — $852 per acre.

Listed by The Sanchez Group Realty, (505) 384-3042

Checked 1 hour agoUpdated Source

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