$6,900,000
UNDER CONTRACT $500K PRICE DROP

205 Katrina Rd Corona, NM 88318

Estimated payment $36,705/month

Total Views 7,094
30,990 Acres
$223 Price per Acre
1,349,924,000 Sq Ft Lot

Highlights

  • Guest House
  • Barn
  • Panoramic View
  • Corona High School Rated A-
  • Arena
  • 30,990 Acre Lot

About This Lot

The terrain on the Corona Ranch is mostly rolling hills, with some mountains and canyons on the property. There are currently seven working wells on the ranch that supply water via a pipeline system throughout the ranch. There is also one well on the northwest side of the ranch that has been drilled and waiting to be hooked up. Currently, the owner is running around 400 hd of pairs and bulls and will usually carry over 80 head of heifers to breed. Although there is a forest on the ranch, it is a very forgiving country, and the cattle can easily access the grass. The ranch boasts a resident heard of elk with many large bulls. Mule deer are abundant on the ranch as well as antelope and barbary sheep.

Listing Agent

Nick Cortese

Zia Real Estate License #19822 Listed on: 01/08/2025

Co-Listing Agent

Out Of Area

Out of Area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1920

Lot Details

  • 30,990 Acre Lot
  • Property fronts a highway
  • Dirt Road
  • Level Lot

Home Design

  • Ranch Style House
  • Stucco

Interior Spaces

  • 2,732 Sq Ft Home
  • Wood Burning Fireplace
  • Storage
  • Wood Flooring
  • Panoramic Views

Kitchen

  • Electric Range
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Unpaved Parking

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Arena

Utilities

  • Central Heating
  • Well
  • Septic Needed

Additional Features

  • Guest House
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 4072002260333

Community Details

Overview

  • Near a National Forest

Recreation

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$3,200

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Unit Levels: One
  • Property Sub Type: Ranch
  • Prop. Type: Residential
  • Year Built: 1920
  • Current Use: Pasture
  • Lot Size Acres: 30990.0
  • Road Frontage Type: Highway
  • Road Surface Type: Dirt
  • Co List Office Mls Id: o999
  • Co List Office Phone: 575-258-8656
  • MLS Status: Pending, Taking Back-up Offers
  • Subdivision Name: Metes & Bounds
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Levels:One: Yes
  • Appliances Refrigerators: Yes
  • Utilities Electricity Connected: Yes
  • Flooring:Wood2: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Storage3: Yes
  • Other Structures:Out Building: Yes
  • Other Structures:Barn(s): Yes
  • Water Source:Well: Yes
  • Other Structures:Guest House: Yes
  • Other Structures:Arena: Yes
  • Special Features: UnderContract

Interior Features

  • Appliances: Electric Range, Refrigerator, Stainless Steel Appliance(s)
  • Flooring: Wood
  • Interior Amenities: Pantry, Storage
  • Other Equipment: Call Listing Agent
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Appliances:Electric Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace:Wood Burning: Yes
  • Interior Features:Pantry: Yes

Exterior Features

  • Lot Features: Adjacent National Forest, Level, Views
  • Other Structures: Arena, Barn(s), Corral(s), Guest House, Outbuilding, Shed(s), Storage
  • Patio And Porch Features: Covered
  • Property Condition: See Remarks
  • View: Panoramic
  • Horse: Yes
  • Construction Type: Stucco
  • Patio And Porch Features:Covered: Yes
  • Lot Features:Level: Yes
  • Lot Features:Views: Yes
  • View:Panoramic: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Unpaved

Utilities

  • Cooling: None
  • Heating: Central
  • Utilities: Electricity Connected, Propane
  • Water Source: Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Sewer: Septic Needed
  • Heating:Central: Yes

Lot Info

  • Zoning: Rural
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 1349924400.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3200.0
  • Tax Block: -
  • Tax Lot: -
  • Tax Map Number: 4072002260333
  • Tax Tract: -

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $6,900,000 -6.8% $2,526 / Sq Ft
01/08/2025 01/08/25 For Sale $7,400,000 -- $2,709 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 131941

New Mexico Lincoln County Corona 88318

205 Katrina Rd, Corona, NM

This home is located at 205 Katrina Rd, Corona, NM 88318 and is currently priced at $6,900,000, approximately $2,525 per square foot. This property was built in 1920. 205 Katrina Rd is a home located in Lincoln County with nearby schools including Corona Elementary School and Corona High School.

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Listing Agent
Nick Cortese
Section Image
Zia Real Estate
(575) 329-0991