New Mexico Highway 65

Montezuma | New Mexico

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$4,250,000

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997

New Mexico Highway 65

Montezuma | New Mexico

997 New Mexico Highway 65 , Montezuma, NM 87731, Montezuma, New Mexico, United States. , Montezuma , New Mexico

997 New Mexico Highway 65 Rio De Vega Ranch

Rio de Vega is a remarkable 74.54-acre legacy estate offering unmatched natural beauty, abundant water, and exceptional infrastructure just minutes from Las Vegas, NM and the United World College. Known to the family as “The Playground,” this property blends comfort, creativity, and Northern New Mexico wilderness in a way that is truly rare. The custom 4,200 sq. ft. main residence—originally a barn kit—was transformed into a warm, refined home by designer Pedro Marquez, featuring pine siding, alder doors, and thoughtful architectural detail throughout. A 2,000 sq. ft. guesthouse provides additional space and privacy with its own 500-gallon propane tank and independent septic system. A third septic and 220 electric are already installed, creating a ready site for a future home or structure. The 2,610 sq. ft. drive-through barn is a standout feature, built atop teak-floored storage containers and framed with canyon-harvested red fir. Additional outbuildings include a rebuilt, powered chicken house and multiple storage structures. Water is one of the property’s greatest assets, with nearly half a mile of Gallinas River frontage, three ponds (including spring-fed and bentonite-sealed), and a water table only 6 feet deep. Jersey barriers along the riverbank help protect the property during high-water events. High-speed internet, a Cummins generator, and year-round access support easy, reliable living. The land is alive with incredible wildlife, including elk, deer, turkey, and other native species that frequent the property daily. Rio de Vega also comes with existing elk tags, and per the seller, landowners apply annually to the New Mexico Department of Game & Fish for E-Plus Landowner Permits—a process the current owner has never had difficulty obtaining. With its scenic landscape, strong infrastructure, abundant water, and exceptional recreational potential, Rio de Vega is a rare opportunity to own a truly special Northern New Mexico estate.

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Property Location

997 New Mexico Highway 65 , Montezuma, NM 87731, Montezuma, New Mexico, United States., Montezuma New Mexico

Local Weather & Climate

Montezuma, New Mexico

Current Conditions Updated recently

43 °F

Clear sky

Feels Like 42°F

Humidity 22%

Wind 3 mph

Visibility 6.2 mi

Sunrise 1:57 PM

Sunset 12:32 AM

5-Day Forecast

Fri 6 Feb

Clear

High 60°

Low 34°

Sat 7 Feb

Clouds

High 56°

Low 38°

Sun 8 Feb

Clouds

High 56°

Low 37°

Mon 9 Feb

Clear

High 61°

Low 34°

Tue 10 Feb

Clear

High 59°

Low 36°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Montezuma?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

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Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

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$0 Est. Annual Tax Savings

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Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 997 New Mexico Highway 65 , Montezuma, NM 87731, Montezuma, New Mexico, United States have?

This house at 997 New Mexico Highway 65 , Montezuma, NM 87731, Montezuma, New Mexico, United States features 6 bedrooms with 6,200 square feet of living space.

What is the size of 997 New Mexico Highway 65 , Montezuma, NM 87731, Montezuma, New Mexico, United States?

This property offers 6,200 square feet of living space.

What is the listing price for 997 New Mexico Highway 65 , Montezuma, NM 87731, Montezuma, New Mexico, United States?

This property is listed at $425,000,000, which equals $68548 per square foot.

What type of property is 997 New Mexico Highway 65 , Montezuma, NM 87731, Montezuma, New Mexico, United States?

This is a house located in Montezuma, New Mexico. The property is situated in an established neighborhood with convenient access to local amenities and services.

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