10 Fabulously Expensive Homes in New Mexico!

There’s good reason the word enchanting is used to describe New Mexico—it’s truly captivating. The mix of desert landscape, forested mountains, and cavernous river canyons is irresistible. Although not at the top of the rankings for population, enough know about the state’s beauty to warrant some hefty price tags for homes. Here are some incredible costly homes on the market in New Mexico. 

1. Pine Lodge Road, Capitan, NM

This expansive ranch can be bought for a little over $14 million. It sits on about 11,000 acres and of course comes with a four-bedroom, two-bath ranch house, but perhaps more intriguing is the forest permit that provides access to another 12,000 acres. Water wells, springs, and water rights come with the purchase. Hunting and fishing is permissible. It has, on good authority, the oldest game park in the state that’s home to a herd of elk.

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2. Tesuque Ridge, Santa Fe, NM

This single-family home has everything a family could hope for, plus a guest house for visitors. Given the breathtaking views of the Sangre de Cristo Mountains from the main family room area, you might never want to leave. At 14,000 square-feet, there’s plenty of room for a family to spread out—six bedrooms, five baths, dining room, library, and basement all for $13.65 million. 

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3. Flying H Road, Springer, NM

Purchase this three-bedroom, two-bath house and you get more than just a home, you get a piece of history. It’s been family-owned for 130 years and both the Cimarron and Fort Union Cutoff on the Santa Fe Trail run right through it, located in some of the state’s best grasslands. Total acreage combines deeded and state leased land and rounds out 32,000 acres. Good water source from Chico Creek. An added plus is a hired-hand home and a shop, all for $10,115,000. 

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4. Acequia Madre, Santa Fe, NM

Purchase this estate and not only do you get an enormous property, you also get a beautifully-crafted home inspired by the architecture of the ancestral Puebloans. There are hand-hewn vegas, adobe walls, tiles floors and a stone courtyard. The interior is spacious and richly appointed. Included in the $9.95 million. purchase price are 10 bedrooms and 10 and one-half bathrooms, a guest home, sculpture garden in the midst of lush greenery, plus three additional guest houses made from repurposed materials from demolished New Mexican barns and cabins.

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5. Avenida De Rey, Santa Fe, NM

Luxury defines this home that sits on 200 fenced acres just right for grazing horses. The enormity of this house is staggering. In addition to the standard bedrooms, baths and kitchen, there’s a formal dining room, media/library, pool/rec room, office, walk-in vault and bowling alley. Reminiscent of a New Mexico village, surrounding the main house is a 12-stall stable with living quarters, workshop, bus garage, greenhouse, and heated three-car garage. Interior design features include hand-carved corbels, vegas, inlaid tile, leather ceilings, and hand-carved doors. An incredible buy at $9.9 million. 

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6. Old Santa Fe Trail, Santa Fe, NM

Southwest style is personified in this renovated adobe home from the early 1940s priced at $9.75 million. The first glimpse of this house, situated on 36 acres in the foothills of the Sangre de Cristo Mountains, captures the azure blue New Mexican sky in its double front doors. Walk the grounds and you’ll find a pool, stables, putting green, outdoor fireplace and lush gardens. Inside, hand-forged wrought iron, custom cabinetry, wooden beam vegas and hickory floors add artistic beauty. 

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7. Cerro Gordo and Palace Avenue, Santa Fe, NM

Not far from the historic Santa Fe Plaza is this extraordinary property. There’s a main house, as well as a second residence, plus a two-bedroom casita, a three room studio, a detached library and chapel. Parts of the main house date to the 1880s. Most of the property has been lovingly restored, showcasing locally made adobe, earthen walls, wide-plank wood floors, much of which are salvaged antiquities, and hand-painted artwork on the walls. The mature gardens are lovely and lush. To own this piece of New Mexican history takes $7 million. 

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8. Country Road, Ribera, NM

With a name like Blame Her Ranch, odds are this is a fun place to live and it only takes $6,999,000. On the edge of the Glorieta Mesa at 7,000 feet, the panoramic views stretch for 70 miles. This ranch sleeps 26 in the nine western style bedrooms and has an equal number of western-inspired bathrooms. Two rock fireplaces dominate the living areas and wide plank floors provide a rustic elegance. There are also two fully-outfitted guesthouses. This beautiful ranch abuts the Santa Fe National Forest on its western border, adding an enormous area for adventure. 

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9. Montecito Lane, Taos, NM

If privacy is at the top of the priority list for home purchase, this exquisite estate at $6.75 million is the place. Situated on 11 completely fenced acres, with a private wrought-iron gate and surrounded by adobe walls, this is a retreat just minutes away from downtown Taos. The mansion was constructed in the mid-1930s and captures much of the beauty of that area with Art Deco light fixtures, hand-carved filigree on much of the interior wood work and decorative wrought iron window grills. The landscaping is a mix of forest and annual and perennial flowering plants. Surface water rights and two wells help keep things green. Turquoise accents on beams and gates provide a true southwestern flair.

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10. Highway 66 Dripping Springs Ranch, Socorro, NM

Give me land, lots of land is the refrain from the popular 1930s song “Don’t Fence Me In.” Purchase this home at $5,995,000 and you’d be singing it every day. Total deeded and leased acreage is close to 7,000 but then there’s 14,000 acres of wilderness preserve and the Cibola National Forest that borders it. The main lodge and ranch home has enough room for a dozen people. There are three additional homes scattered around the property for guests, a caretaker or staff, plus a barn type dormitory that sleeps 25. Hunting is not prohibited for elk and deer, with licenses. Roaming is encouraged.

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