Pine Canyon Ranch & Green Ranch, Galisteo, NM 87056

$3,000,000
List Price
$3,000,000
Status
ACTIVE
MLS#
201700101
Area
10-Hwy 285

Property Description

Located on the edge of the Galisteo Basin, this offering consists of two approved subdivisions and an award-winning gated luxury home on 978± acres overlooking and adjacent to the historic San Cristobal Ranch. The ranch with its custom adobe home and guest house commands 10,000 square feet under roof and 6,000 heated square feet containing 3 large suites, 4 baths and 2 half-baths, an expansive living area, formal dining room, and 6 fireplaces. The master suite connects to an office and exercise room with expansive views of the Galisteo Basin. Deep portals surround the entire house and allow for easy outdoor living Built in 2005 by Chapman, 91 Pine Canyon Ranch won the Parade of Homes prize for that year. This offering comes with substantial upside potential as an investment and includes 26 fully platted lots that are all served by developed roads, buried electric lines with transformers, telephone lines, and a tap for the community water system. The new owner can sell lots individually at any time. Santa Fe County currently taxes this property as agricultural land due to cattle grazing. In addition, this property is ideal for declaration of a conservation easement that may qualify for tax deductions of as much as 60% of the appraised value of the property. Inquire with broker and your tax professional for details on this extraordinary conservation easement investment opportunity. Four shared wells and two large holding tanks.

Additional Information

Acres
978
Sewer
Septic
Elementary School
Edgewood
Middle School
Edgewood Middle School
High School
Moriarty High School

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Calculator source: Real Geeks

Listing courtesy of Tai Bixby Associates from Keller Williams

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