$4,250,000

997 New Mexico Highway 65 Rio De Vega Ranch

  • 6 Beds
  • 6 Baths
  • 6,200 Sqft
  • 74.55 Ac lot
  • 3
  • MLS#202503538

About the Property

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—origina
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.
  • Property type

    House

  • Year built

    2007

  • Price/sqft

    $685

Features

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997 New Mexico Highway 65, Montezuma, NM 87731, United States View on Google Maps
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Ryan Ferguson

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Ryan Ferguson
New Mexico, United States
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2023
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Sotheby's International Realty - Santa Fe - Main Downtown Brokerage
Sotheby's International Realty - Santa Fe - Main Downtown Brokerage
231 Washington Avenue, 87501, Santa Fe, New Mexico, United States
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Steeped in history and Santa Fe style, the main Santa Fe office is known as the
Padre Gallegos house. As a hist
Steeped in history and Santa Fe style, the main Santa Fe office is known as the
Padre Gallegos house. As a historically contributing structure, it was named for
Padre Jose Manuel Gallegos, a colorful and controversial priest and politician,
and was built around 1857. In addition to being a chapel and an art gallery, it
also housed soldiers and government officials during the Civil War. The
protected courtyard features sunny luncheons in summer produced by an award
winning local restaurant. As the third largest fine art market in the US, Santa
Fe is full of galleries and museums in historical compounds such as the main
office. With over 45 seasoned professionals with offices here, a visit all
Last updated
August 7
First listed
Aug 5, 2025
Listing reference
YGP3QB
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