$1,890,000
$210K PRICE DROP

851 New Mexico 22 Peña Blanca, NM

Estimated payment $10,600/month

Total Views 14,293
2 Beds
1 Bath
2,000 Sq Ft
$945 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • No HOA
  • Brick Flooring
  • Pueblo Architecture
  • Security Gate
  • 1-Story Property

About This Home

2.8 ACRE FEET OF COMMERCIAL WATER RIGHTS. Professional agricultural growing facility in Pena Blanca. This property consists of 9.29 fully security fenced acres with a 2 bedroom home, a 2 bedroom older mobile home (conveys with no value), 12 professional grade greenhouses from California Greenhouse Company, farm outbuildings and all equipment, 2.8 acre feet of commercial water rights, and a community water hookup. All improvements concentrated on the eastern 3 acres leaving approximately 6 acres for further development and/or cultivation. Complete list of improvements provided to serious buyers.

Listing Agent

Chris Pearson Kramer

Sotheby's Int. RE/Grant License #50503 Listed on: 06/09/2025

Sotheby's Int. RE/Grant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1940

Lot Details

  • 9.29 Acre Lot
  • Property is zoned Rural Residential, Rural Residential

Parking

  • 20 Parking Spaces

Home Design

  • Pueblo Architecture
  • Flat Roof Shape
  • Frame Construction
  • Bitumen Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Brick Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Security Lights
  • Security Gate

Schools

  • Cochiti Elementary School
  • Bernalillo Middle School
  • Bernalillo High School

Utilities

  • No Cooling
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Three-Phase Power
  • Power Generator
  • Private Water Source
  • Well
  • Septic Tank

Additional Features

  • Drip Irrigation
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1033091499388

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,693

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Prop. Type: Residential
  • Horses: Yes
  • Directions: From Santa Fe - I25 South to Cochiti exit, west on HWY 16, south on HWY 22, property on left.
  • Architectural Style: Pueblo
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Brick
  • Interior Amenities: Interior Steps
  • Living Area: 2000.0

Exterior Features

  • Roof: Bitumen, Flat
  • Lot Features: Drip Irrigation/Bubblers
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Frame

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 20.0

Utilities

  • Cooling: None
  • Electric: 3 Phase, Generator
  • Utilities: Other, Electricity Available
  • Heating: Floor Furnace, Natural Gas
  • Security: Security Gate, Security Lights
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Other, Private, See Remarks, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cochiti
  • High School: Bernalillo High School
  • Middle Or Junior School: Bernalillo Middle School

Lot Info

  • Lot Size Acres: 9.29
  • Zoning: Rural Residential
  • Land Lease: No
  • Lot Size Sq Ft: 404672.4
  • Parcel #: 1033091499388
  • Zoning Description: Rural Residential

Tax Info

  • New Taxes Expense: 19259.0
  • Tax Annual Amount: 1693.0
  • Tax Year: 2024

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
07/01/2025 07/01/25 Price Changed $1,890,000 -10.0% --
12/13/2024 12/13/24 Price Changed $2,100,000 +10.5% --
12/04/2024 12/04/24 Price Changed $1,900,000 -9.5% --
08/22/2024 08/22/24 For Sale $2,100,000 -- --
Source: Santa Fe Association of REALTORS®

About the Listing Agent

Chris Pearson Kramer
Chris Pearson Kramer

Sotheby's Int. RE/Grant

(505) 570-1422

Section Image

Chris moved to Santa Fe in 1991 directly after graduating from Bates College in Lewiston, Maine. In search of the mythological champagne powder of the Rocky Mountains, he worked nights managing bars and restaurants and days were spent on the slopes. Not long after he met and married his wife, Lori Pearson Kramer. Together they are raising 3 wonderful kids, 2 dogs, a cat and chickens. Their garden each summer provides a large bounty of homegrown delights. Chris is the President and owner of

View Chris's Profile

Chris' Other Listings

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  • 2504 Camino Sarita, Santa Fe, NM 87501

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    The second smallest lot in High Summit, being offered together with the smallest lot in High Summit. Relatively flat and buildable with good access. Elevation of 7400 feet allows for an Ortiz/Sandia view corridor AND a Jemez view corridor. Lots 8 and 9 must be purchased together and they each have an 1100sf minimum build size. Owner is in process of combining these two lots at the County. HOA has

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  • 27 Camino Casa Grande, San Jose, NM 87565

    $850,000

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  • 2501 W Zia Rd Unit 3-207, Santa Fe, NM 87505

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    Great opportunity on this 2 bedroom one bath condo located on the 2nd floor facing the courtyard. Updated bathroom with walk in shower and a brand new dishwasher. This unit had it's AC condenser replaced in 2020. Other features of the community: There are eleven low-rise buildings offering 199 individually owned one and two-bedroom units, designed in a territorial style. Residents enjoy a

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  • 723 Old Santa fe Trail, Santa Fe, NM 87505

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  • 30 N Cloudstone Dr, Santa Fe, NM 87505

    $245,000 Sold Aug 21, 2024

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    Located at the top of Cloudstone Drive, this gorgeous 13+/- acre lot offers outstanding views to the south and west. The driveway and building pad have been roughed in giving clarity to a challenging building site. Southwest exposure great for solar capture. Quality shared well on neighboring property with long term use agreement in place. Electric at the lot line. The views are spectacular and

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Source: Santa Fe Association of REALTORS®

MLS Number: 202502556

Santa Fe Association of REALTORS®

New Mexico Sandoval County Pena Blanca 87041

851 New Mexico 22, Pena Blanca, NM

This home is located at 851 New Mexico 22, Peña Blanca, NM and is currently priced at $1,890,000, approximately $945 per square foot. This property was built in 1940. 851 New Mexico 22 is a home located in Sandoval County with nearby schools including Bernalillo High School.

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Santa Fe Association of REALTORS® The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

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Chris Pearson Kramer
Chris Pearson Kramer
Listing Agent Section Image
Sotheby's Int. RE/Grant
(505) 570-1422