
<div style="display:none;" id="IDX-courtesyStatus">Status: Active</div><div style="clear:both;text-align:center;witdh:100%;">Listing information courtesy of Ryan D. Ferguson with Sotheby's Int. RE/Washington</div>
Rio de Vega – A Rare Legacy Estate on 74.54 Acres with River Frontage, Guesthouse & Barn
Welcome to Rio de Vega — a legacy estate that has been cherished for generations and affectionately known by the family as “The Playground.” This extraordinary 74.54-acre property is a sanctuary of beauty, creativity, and comfort just minutes from Las Vegas, NM, and the renowned United World College.
At the heart of the estate is a custom 4,200 sq. ft. main residence, originally a barn kit reimagined into a luxury home by renowned designer Pedro Marquez. Featuring pine siding, alder doors, and thoughtful architectural details, the home blends rustic character with refined finishes. Two refrigerators, a chest freezer, and a stand-up freezer are included, and a 1,000-gallon propane tank powers a Cummins generator for added peace of mind.
A separate 2,000 sq. ft. guesthouse offers additional comfort and privacy with its own 500-gallon propane tank and independent septic system. There’s even a third septic and 220 electric already in place, ready for an additional home to be built.
The 2,610 sq. ft. drive-through barn is a masterpiece in itself, constructed atop teak-floored storage containers and framed in canyon-harvested red fir. The property also includes a rebuilt, powered chicken house, multiple charming outbuildings, and three serene ponds—one spring-fed and another sealed with bentonite. Water is plentiful with the water table just 6 feet below ground and nearly half a mile of Gallinas River frontage enhanced by protective jersey barriers for added flood security.
Rio de Vega is fully equipped for modern living with high-speed internet (Starlink at the guesthouse and DesertGate at the main house), plumbed 4 feet deep throughout, and year-round access with roads plowed in the winter.
With abundant water rights, lush surroundings, and boundless potential for relaxation, recreation, or even expansion, this is more than just a property—it’s an opportunity to own a truly one-of-a-kind estate with deep roots and lasting possibilities.
The data relating to real estate for sale in this Website comes in part from the Internet Data Exchange ("IDX") program of Santa Fe Association of REALTORS®, Inc. from a copyrighted compilation of listings. Real estate listings held by brokers other than Sotheby's International Realty are marked with the IDX Logo. All data in this Website is deemed reliable but is not guaranteed accurate, and should be independently verified. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All Rights Reserved.
All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which provide that it is illegal to make or publish any advertisement which indicates any preference, limitation, or discrimination based upon race, color, religion, sex, handicap, familial status, or national origin.
Santa Fe Association of REALTORS®, Inc. will not knowingly accept any advertising for the sale of real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
Data services provided by IDX Broker
| Price: | $4,250,000 |
| Address: | 997 New Mexico Highway 65 |
| City: | Montezuma |
| County: | San Miguel |
| State: | New Mexico |
| Zip Code: | 87731 |
| MLS: | 202503538 |
| Year Built: | 2007 |
| Square Feet: | 4,200 |
| Acres: | 74.54 |
| Lot Square Feet: | 74.54 acres |
| Bedrooms: | 6 |
| Bathrooms: | 6 |
| Half Bathrooms: | 2 |
| clip: | 2139356652 |
| roof: | Built-Up, Other, See Remarks |
| sewer: | Septic Tank |
| levels: | Two, Multi/Split |
| cooling: | None |
| heating: | Fireplace(s), Propane, Radiant Floor, Radiant |
| horseYN: | yes |
| stories: | 1 |
| bodyType: | Double Wide |
| electric: | Generator |
| flooring: | Carpet, Wood |
| garageYN: | yes |
| coolingYN: | no |
| heatingYN: | yes |
| mlsStatus: | Active |
| utilities: | High Speed Internet Available, Electricity Available |
| appliances: | Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer |
| basementYN: | no |
| directions: | From Santa Fe take I-25 North, Take exit 343 to Las Vegas, Take a left at the exit, Take a left at the exit. Take a left on an NM-329 which is also called New Mexico Avenue. Turn left at the light onto Hot Springs Blvd., continue past the United World College in Montezuma, about a mile past the college, the road will start to climb, continue about another 4.8 miles and you will see the property entrance on your left. Rio de Vega Ranch. |
| highSchool: | Las Vegas |
| possession: | Closing & Funding |
| fireplaceYN: | yes |
| landLeaseYN: | no |
| lotSizeArea: | 74.54 |
| waterSource: | Private, Well |
| garageSpaces: | 2 |
| listingTerms: | Cash, Conventional, 1031 Exchange, New Loan |
| lotSizeUnits: | Acres |
| mlsAreaMinor: | 28-San Miguel Cnty |
| parkingTotal: | 3 |
| poolFeatures: | None |
| waterfrontYN: | yes |
| associationYN: | no |
| lotSizeSource: | Assessor |
| otherEquipment: | Fuel Tank(s), Irrigation Equipment, Satellite Dish |
| windowFeatures: | Insulated Windows |
| fireplacesTotal: | 4 |
| humanModifiedYN: | yes |
| livingAreaUnits: | Square Feet |
| otherStructures: | Barn(s), Guest House Detached, Outbuilding, Stable(s), Storage |
| parkingFeatures: | Attached, Garage |
| yearBuiltSource: | Assessor |
| attachedGarageYN: | yes |
| elementarySchool: | Las Vegas |
| exteriorFeatures: | Horse Facilities |
| interiorFeatures: | Beamed Ceilings, Interior Steps |
| livingAreaSource: | Assessor |
| buildingAreaTotal: | 6200 |
| fireplaceFeatures: | Wood Burning, Wood Burning Stove |
| foundationDetails: | Permanent |
| leaseConsideredYN: | no |
| lotSizeSquareFeet: | 3246962.4 |
| architecturalStyle: | Manufactured Home, Multi-Level, Mobile Home, Ranch |
| documentsAvailable: | Aerial, Plat, Seller's Property Disclosure, Survey, Tax Information, Well Log Available |
| middleOrJuniorSchool: | Las Vegas |
| accessibilityFeatures: | Not ADA Compliant |
| constructionMaterials: | Frame, Modular/Prefab |
| customPropertyHoaOrCoa: | No |
| customPropertyAuthority: | San Miguel County |
| specialListingConditions: | Standard |
| customPropertyWaterRights: | Yes |
| propertySubTypeAdditional: | Detached, Single Family Residence |
| customPropertyLivingAreaRange: | 4,001-5,000 |
| customPropertyGuestHouseAreaTotal: | 2000 |
| customPropertyGrossReceiptsTaxLocationCode: | 12-012 |