Sitting on a quiet, private piece of land (+- 7.5 acres) at the end of Private Drive 1038A in Velarde, New Mexico, sits this approximate 2000 square foot manufactured home along with a hydroponic farm. Bordered by the Rio Grande River with approximately 250 feet of riverfront property, this hydroponic farm has consistently produced tomatoes, cucumbers, basil, and lettuce. It has provided employment and has been a huge success in the community. It currently grows in a soilless culture in Bato buckets and is easily adapted to soil, if desired. There are three greenhouses, totaling approximately 16,000 square feet of grow area. The environment and irrigation of the greenhouses is fully automated. The property contains a fully insulated, temperature-controlled warehouse/garage that houses water supply, filtration and distribution systems. Extras on this property include a Kohler 125Kw fully automated emergency backup generator. 5100-gallon water emergency storage tank. Over 1200 sq ft of dry storage. Wadsworth seed environmental controls with remote control and monitoring. Property has been used for vegetables, herbs, flowers and cannabis. Water rights in the amount of 3.97-acre feet annually. Come sit out along the Rio Grande and make this your perfect investment property, gentlemen's/gentlewomen's farm, horse property, and so much more.
For sale
Price cut: $200K (3/7)
$1,199,000
64 Private Drive 1038a, Velarde, NM 87582
4beds
2,000sqft
Est.:
Single Family Residence
Built in 1993
7.5 Acres Lot
$-- Zestimate®
$600/sqft
$-- HOA
What's special
Three greenhousesPrivate piece of land
- 242 days
- on Zillow |
- 288 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2025 at 01:10pm
Listed by:
Irene Cordova 575-613-0671,
Realty One of New Mexico LLC. 505-883-9400
Source: Enchanted Circle,MLS#: 112274

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Gas Range, Gas Water Heater, Refrigerator, Water Purifier, Washer
Features
- Ceiling Fan(s), Phone System, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Windows: Clad, Insulated Windows, Screens
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: One, Living Room
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Parking features: One Space, Garage Door Opener
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Gravel Driveway
- Waterfront features: None
- Frontage type: Waterfront
Lot
- Size: 7.5 Acres
- Features: Horse Property, Lawn, Level, Ranch, Trees, Waterfront
- Topography: CanyonValley
Details
- Additional structures: Greenhouse
- Parcel number: 1049130503065
- Zoning description: Other
- Other equipment: Satellite Dish
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Manufactured, Wood Siding
- Foundation: Crawlspace
- Roof: Pitched,Shingle
Condition
- Year built: 1993
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Available, Phone Available
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: None
HOA
- Membership fee: $0 annually
Location
- Region: Velarde
Financial & listing details
- Price per square foot: $600/sqft
- Tax assessed value: $155,293
- Annual tax amount: $2,700
- Date on market: 8/28/2024
- Listing agreement: Exclusive Right To Sell
- Loading
- Loading