Very unique property for the Professional Horseman. Located in Horseman's Park in Tularosa, NM this property offers two 24 stall training barns. One of the barns has two 2 bedroom apartments. Each barn has all of the amenities needed to run a fully operational racehorse training program. Each barn includes 2 groom rooms, full bath for grooms, office, feed room, tack room, vet room, etc. Each barn has outside stalls with cover, 2 walkers and shavings/manure bunks. One barn includes a round pen. Along with these 2 barns is 30 acres of irrigated pasture with New Mexico water rights. Two 5-acre hand line irrigated, two 10-acre wheel line irrigated pump driven. Buyer to verify all irrigation/water rights. Ritchie drinkers in all pastures. Too much to list here, give us a call.
For sale
Price cut: $100K (11/4)
$800,000
61 Racetrack Cir, Tularosa, NM 88352
4beds
3,000sqft
Est.:
Farm
Built in 2007
34.14 Acres Lot
$773,500 Zestimate®
$267/sqft
$-- HOA
What's special
Tack roomRound penOutside stalls with coverFeed roomVet roomGroom rooms
- 197 days |
- 138 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 04:05am
Listed by:
Keli L. Cox 575-937-4616,
Zia Real Estate 575-258-8656,
Curtis Hunt 806-946-7589,
Zia Real Estate
Source: RLCMLS,MLS#: 132637
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 6
Rooms
- Room types: Family Room, Office, Utility Room
Heating
- Central, Propane
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Water Softener Owned, Water Heater, Washer
Features
- Main Level Primary, Utility Room
- Flooring: Concrete, Tile
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: Gravel, No Garage, On Site, RV Access/Parking
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Fencing: Other,Partial
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: None
Lot
- Size: 34.14 Acres
- Features: Interior Lot, Level
Details
- Additional structures: Barn(s), Corral(s), Stable(s), Storage
- Parcel number: R056147
- Zoning: Other
- Horse amenities: Corral(s), Pasture
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Farm
Materials
- Frame, Metal Siding, Other, Stucco
- Roof: Metal,Pitched
Condition
- See Remarks
- Year built: 2007
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Propane, Water Connected
Community & HOA
Community
- Subdivision: Horseman's Park
Location
- Region: Tularosa
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $263,355
- Annual tax amount: $6,095
- Date on market: 5/22/2025
- Cumulative days on market: 204 days
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
$773,500
$735,000 - $812,000
$2,833/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Price change | $800,000-11.1%$267/sqft |
Source: | ||
| 5/27/2025 | Listed for sale | $900,000$300/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,116 -0.2% | $87,785 +0.9% |
| 2023 | $2,120 +3.2% | $86,975 +3% |
| 2022 | $2,055 -47.9% | $84,442 -48% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,599/mo
Principal & interest
$3926
Property taxes
$393
Home insurance
$280
Climate risks
Neighborhood: 88352
Nearby schools
GreatSchools rating
- 9/10Tularosa Elementary SchoolGrades: PK-2Distance: 2.2 mi
- 7/10Tularosa Middle SchoolGrades: 7-8Distance: 2.1 mi
- 8/10Tularosa High SchoolGrades: 9-12Distance: 1.8 mi
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