64 Private Drive 1038a Velarde, NM 87582
Estimated payment $6,324/month
Highlights
- Horse Property
- Waterfront
- Property Near a Canyon
- Greenhouse
- Deck
- Vaulted Ceiling
About This Home
Sitting on a quiet, private piece of land (+- 7.5 acres) at the end of Private Drive 1038A in Velarde, New Mexico, sits this approximate 2000 square foot manufactured home along with a hydroponic farm. Bordered by the Rio Grande River with approximately 250 feet of riverfront property, this hydroponic farm has consistently produced tomatoes, cucumbers, basil, and lettuce. It has provided employment and has been a huge success in the community. It currently grows in a soilless culture in Bato buckets and is easily adapted to soil, if desired. There are three greenhouses, totaling approximately 16,000 square feet of grow area. The environment and irrigation of the greenhouses is fully automated. The property contains a fully insulated, temperature-controlled warehouse/garage that houses water supply, filtration and distribution systems. Extras on this property include a Kohler 125Kw fully automated emergency backup generator. 5100-gallon water emergency storage tank. Over 1200 sq ft of dry storage. Wadsworth seed environmental controls with remote control and monitoring. Property has been used for vegetables, herbs, flowers and cannabis. Water rights in the amount of 3.97-acre feet annually. Come sit out along the Rio Grande and make this your perfect investment property, gentlemen's/gentlewomen's farm, horse property, and so much more.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,700
Year Built
- Built in 1993
Lot Details
- 7.5 Acre Lot
- Waterfront
- Property Near a Canyon
- Level Lot
- Landscaped with Trees
- Lawn
Home Design
- Pitched Roof
- Shingle Roof
- Wood Siding
- Clad Trim
- Modular or Manufactured Materials
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Insulated Windows
- Window Screens
- Living Room with Fireplace
- Crawl Space
Kitchen
- Electric Oven
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- Garage
- Garage Door Opener
- Gravel Driveway
Outdoor Features
- Horse Property
- Deck
- Greenhouse
Utilities
- Forced Air Heating and Cooling System
- Well
- Gas Water Heater
- Water Purifier
- Septic Tank
- Phone Available
- Satellite Dish
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $1,379 | $53,116 | $27,349 | $25,767 |
| 2023 | $1,379 | $51,765 | $12,536 | $39,229 |
| 2022 | $1,367 | $53,313 | $12,907 | $40,406 |
| 2021 | $1,198 | $51,765 | $12,536 | $39,229 |
| 2020 | $1,217 | $52,333 | $12,907 | $39,426 |
| 2019 | $1,214 | $53,313 | $12,907 | $40,406 |
| 2018 | $1,065 | $51,765 | $12,536 | $39,229 |
| 2017 | $1,097 | $51,765 | $12,536 | $39,229 |
| 2016 | $1,170 | $51,765 | $12,536 | $39,229 |
| 2015 | $966 | $45,573 | $12,907 | $32,666 |
| 2014 | -- | $45,573 | $12,907 | $32,666 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Price Changed | $1,099,000 | -8.3% | $550 / Sq Ft |
| 03/08/2025 03/08/25 | Price Changed | $1,199,000 | -20.0% | $600 / Sq Ft |
| 10/07/2024 10/07/24 | For Sale | $1,499,000 | -- | $750 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Rio Arriba Title & Escrow |
Source: Enchanted Circle Association of REALTORS®
MLS Number: 112274
APN: 1-049-130-503065
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