124 Orchard View Road
, NM 88338

Description

WATER, WATER, WATER - THIS IS A DROUGHT-PROOF PROPERTY. Laughing Sheep Ranch is an excellent, drought-proof 84.65 acre paradise in Lincoln, New Mexico. The ranch/farm has 42 acres under irrigation, almost unlimited water rights and Rio Bonito frontage on both sides of the river for approx. 1 mile. This property not only has papered water but millions of gallons of crystal clear sweet spring water from the Capitan Mountains and Bonito Watershed. The current owner has built 6 quaint cabins and a 4500 sq. ft. farm-to-table restaurant that can easily be converted into another residence. The main residence is a 3 bed, 2 bath ranch classic. Four ponds are stocked with trophy-size trout and one with very large bass. This is a magnificent property, located inside of the Lincoln Historical District. 84.65 acres 42 acres under irrigation Unlimited water rights from reserve well 1 mile of both sides of Rio Bonito 5 ponds, stocked with trophy fish. 4 trout ponds, 1 bass pond 42 acres of deeded water rights Main Home Caretaker home 5 cabins 2 apartments 4500 sq. ft. fully equipped restaurant 2 acre orchard Airstrip 2 greenhouses K-Line irrigation system Barn,tack room, shop, round pen and traps Current taxes $2,365.07/yr.

Details

MLS#748795
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Year1980
Days On Site197

Features

Bed(s)14
Bath(s) 4 Full, 4 Three Quarter, 4 Half
SQ Feet6,420
Garage3
Story(s)1 Story
Acreage84.65
Water FrontYes
Property ViewYes

Additional Information

Taxes2365.07
ParkingDetached
HeatingElectric Baseboard,Fireplace,Wood Stove
Available AmenitiesElectricity,Internet,Propane-Tank Leased

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Area Information

StateNM
CountyLincoln
Zip Code88338
AreaOther Area
Middle SchoolOpen Enrollment
High SchoolOpen Enrollment
Listing VS Median (in 88338)
Price:
$3,163,000
low | high
Med:
$3,163,000
50% of Average
SqFt:
6,420
low | high
Med:
6,420
50% of Average
$ / SqFt:
$493
low | high
Med:
$493
50% of Average
On Site:
197
low | high
Med:
197
100% of Average
Listing Updated: 02/15/2019
MLS Number: 748795
Listing Provided By:
Travis Driscoll  of  Galles Properties



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