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27989 Highway 64

594.38 Acres of Commercial Land Offered at $5,403,600 CAD in Eagle Nest, NM 87718

Investment Highlights

  • One mile of highway frontage
  • The ranch lays within the desirable Special Management Zone, Game management unit 55A

Executive Summary

Property Taxes: 2021 Base property tax $657.44 The land is taxed at the advantageous grazing rate.
Only need to work with the county regarding future development and no other entities.

Attachments

Survey

Property Facts

Price $5,403,600 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
  • Multifamily
  • Master Planned Community
  • Office Park
  • Single Family Development
Total Lot Size 594.38 AC

1 Lot Available

Lot

Price $5,403,600 CAD
Price Per AC $9,091 CAD
Lot Size 594.38 AC

From Taos, drive east on highway 64 to the Moreno Valley past the blinking light and past the DAV Veterans Memorial, crest Jackson Hill (where the gravel pits are) and you are on a long straightaway. Proceed to County Rd B-6 (Cerro Verde Rd)

Description

The Bar Lazy 7 Ranch is available for the first time in many years. 594.377 +/- deeded acres encompassing one mile of highway frontage with property stretching back into the trees a mile from the highway. Ranch has two main pastures and three ponds and is currently grazed seasonally showing good gains, typical to the Moreno Valley. The rear (west boundary) of the property borders County Rd B-7 (Windy Hill Road) which could be of use for someone to build back in the trees. The historic head quarters of the Bar Lazy 7 Ranch is still in place. Some historic log barns and sheds along with a bunk house and 1,795 sq ft (circa 1920) home lay beside highway 64. The main home is a log home with white siding exterior matching the bunk house. There is a septic for the old home and just south of the main house is another more modern septic and pad from when a manufactured home used to be. There are three wells on the property. This is an easily accessible larger piece of property in the heart of the Moreno Valley with opportunity for a new owner to resurrect a historic ranch. Property will be leased out in the growing season with ample time to enjoy hunting in the Fall. The ranch lays within the desirable Special Management Zone, Game management unit 55A – These areas are in quality elk habitat areas, but the majority of land is owned by private entities. Private-land authorizations on these ranches are allocated through a negotiation between the department and the ranch managers. For the 2021-2022 hunting season the ranch was issued 2 antlerless and 1 either sex elk authorization for deeded acres enrolled in EPLUS program within the Special Management Zone, which may be bartered, sold, or traded to hunters. Property is minutes away from fishing at Eagle Nest State Park or the Cimarron Canyon State Park and minutes from skiing/ golfing and mountain biking at Angel Fire Resort. Property is on the Enchanted Circle of Northern New Mexico. Property is being marketed in an “AS IS” condition. The property has a moderate slope rising westwards from the highway for approximately 1/2 mile giving an excellent view of the Moreno Valley, Eagle Nest and the ski runs of Angel Fire Resort to the south. Run some steers in the summer, fill the freezer with elk in the fall, ski in the winter and fish all year round.

zoning

Zoning Code No Zoning (Unrestricted. Rural ag per county.)
No Zoning (Unrestricted. Rural ag per county.)
  • Listing ID: 27859924

  • Date on Market: 2023-03-01

  • Last Updated:

  • Address: 27989 Highway 64, Eagle Nest, NM 87718

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