Seller's Agent in 2025
Kara Cochran
Future Real Estate
(575) 921-5018
151 Total Sales
Last list price
173 Gravelpit Rd La Luz, NM 88337
3
Beds
3
Baths
3,436
Sq Ft
14.73
Acres
Highlights
- Horses Allowed On Property
- Game Room
- Fireplace
- RV Access or Parking
- Hobby Room
- Soaking Tub
About This Home
As of August 2025Stunning 15-Acre Desert Oasis with Luxurious Home, Expansive Workshop, and Equestrian Facilities - PRICED TO SELL! Welcome to your dream property—where luxury meets functionality on 15 private acres featuring a natural arroyo, mature landscaping, and sweeping desert views. This exceptional 3-bedroom, 2.5-bath home has been beautifully maintained and offers an unmatched blend of indoor-outdoor living. Main Residence Highlights: Spacious primary suite with oversized walk-in closet and a spa-style bathroom featuring a walk-in shower, dual showerheads, and a soaking tub. Duel-entry bathroom connecting the two additional bedrooms. Gourmet kitchen with stainless steel appliances, granite countertops, and a pass-through window to the sunroom BBQ area. Two adobe-style fireplaces (living room and sunroom.) Private courtyard with outdoor speakers that flows into the landscaped backyard. Attached two car garage. Sunroom & Backyard Retreat: Massive sunroom with three sets of French doors and four automatic glass garage doors. Indoor/outdoor living with built-in BBQ, gym space, and Sonos speaker system throughout. Fenced backyard includes a fire pit, garden areas, in-ground trampoline, swing set, concrete walkways, and lush landscaping. Additional Features:Drinkable well water with an in-home water system and a 4,000-gallon in-ground reserve tank. Underground, temperature-controlled bunker with mini-split A/C. Custom lookout tower with spiral spiral staircase. Outbuilding with power and screened-in patio for entertaining or outdoor cooking. Workshop & Barn: 4,000 sq. ft. shop with kitchenette, full bathroom, second-story storage, and four bay doors (3 south-facing, 1 east-facing.) 8,000 sq. ft. drive-through barn with 4 steel pens (15’x35’), additional trailer/tractor storage, hay storage, and concrete pad. RV hookup with 30/50 amp plug. 200’ x 250’ open riding arena, and wash rack. Bonus: Fruit trees including pomegranate, apricot, fig, peach, apple, and plum. Peaceful, private setting with all the modern comforts and space you need for animals, hobbies, or a thriving homestead! Truly, a one of a kind property!
Last Agent to Sell the Property
Future Real Estate License #51748 Listed on: 04/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,883
Year Built
- Built in 2012
Lot Details
- 14.73 Acre Lot
- Desert faces the front and back of the property
- Grass Covered Lot
Home Design
- Built-Up Roof
- Stucco Exterior
Interior Spaces
- 3,436 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fireplace
- Game Room
- Hobby Room
- Tile Flooring
- Washer Hookup
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Bathrooms
- Dual Sinks
- Soaking Tub
- Bathtub with Shower
- Shower Only
Parking
- Garage
- Garage Door Opener
- RV Access or Parking
Outdoor Features
- Shed
Horse Facilities and Amenities
- Horses Allowed On Property
- Corral
Utilities
- Refrigerated Cooling System
- Forced Air Heating System
- Vented Exhaust Fan
- Septic System
Listing and Financial Details
- Assessor Parcel Number R026282
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2025
Closed on
Aug 8, 2025
Sold by
Anderson Christopher W and Anderson Samantha J
Bought by
Graham Rebekah and Graham Kyle D
Seller's Agent
Kara Cochran
Future Real Estate
Buyer's Agent
Rebekah Graham
Future Real Estate
List Price
$970,000
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-76.31%
Original Mortgage
$560,000
Outstanding Balance
$559,520
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$46,586
Purchase Details
Listed on
Dec 6, 2021
Closed on
Jan 27, 2022
Sold by
Bruce Coble M and Bruce Barbara R
Bought by
Anderson Christopher W and Anderson Samantha J
Seller's Agent
Rebekah Graham
Future Real Estate
Buyer's Agent
Kara Cochran
Future Real Estate
List Price
$950,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.24%
Purchase Details
Closed on
Mar 7, 2014
Sold by
Coble M Bruce and Coble Barbara R
Bought by
Coble Melvin B and Coble Barbara R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2011
Sold by
Coble M Bruce and Coble Barbara R
Bought by
Nest Egg Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Casa Y Tierra Abstract & Title | |
| Warranty Deed | -- | Casa Y Tierra Abstract & Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $560,000 | New Conventional | |
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $155,000 | New Conventional | |
| Previous Owner | $148,029 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Sold | -- | -- | -- |
| 06/10/2025 06/10/25 | Price Changed | $825,000 | -5.7% | $240 / Sq Ft |
| 05/20/2025 05/20/25 | Price Changed | $875,000 | -5.9% | $255 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $930,000 | -2.1% | $271 / Sq Ft |
| 04/22/2025 04/22/25 | Price Changed | $950,000 | -2.1% | $276 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $970,000 | +2.1% | $282 / Sq Ft |
| 01/24/2022 01/24/22 | Sold | -- | -- | -- |
| 12/10/2021 12/10/21 | Pending | -- | -- | -- |
| 12/06/2021 12/06/21 | For Sale | $950,000 | -- | $399 / Sq Ft |
Source: Otero County Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,883 | $300,860 | $34,256 | $266,604 |
| 2024 | $5,883 | $299,407 | $34,256 | $265,151 |
| 2023 | $5,976 | $299,407 | $34,256 | $265,151 |
| 2022 | $2,081 | $103,529 | $9,804 | $93,725 |
| 2021 | $2,040 | $103,529 | $9,804 | $93,725 |
| 2020 | $2,078 | $103,529 | $9,804 | $93,725 |
| 2019 | $2,040 | $101,499 | $9,611 | $91,888 |
| 2018 | $1,990 | $100,494 | $9,515 | $90,969 |
| 2017 | $1,803 | $98,524 | $9,329 | $89,185 |
| 2016 | $1,650 | $92,060 | $0 | $0 |
| 2015 | $1,604 | $90,255 | $0 | $0 |
| 2014 | -- | $88,484 | $8,845 | $79,639 |
Source: Public Records
Agents Affiliated with this Home
-
Kara Cochran
-
Rebekah Graham
Buyer's Agent in 2025
Rebekah Graham
Future Real Estate
(575) 921-5517
175 Total Sales
Map
Source: Otero County Association of REALTORS®
MLS Number: 170796
APN: R026282
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