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3 Beds
2 Baths
1,475 sqft

$1,950,000

988 US 84, Las Vegas NM, 87701

Price per sqft$1,322.03
Property size1,475 sqft
Property typeOther

Overview

Active

Listed Jan 19, 2026

Updated Jun 20

Rancho El Patrón encompasses 1,316 acres of varied northern New Mexico terrain, combining elevation, expansive views, and a strong sense of scale. From elevated vantage points, the ranch enjoys spectacular views of the Sangre de Cristo Mountains, Tecolote Creek, Hermit’s Peak, Starvation Peak, and portions of the historic Old Santa Fe Trail. Despite its peaceful and quiet setting, the ranch benefits from paved access on NM-84 and is located only 10 miles from Interstate 25. The ranch is just 20 minutes from historic Las Vegas, New Mexico, and one hour from the culture and fine dining in Santa Fe. The ranch is anchored by a series of elevated rocky bluffs, including roughly one mile of rimrock rising more than 300 feet above the surrounding landscape. The broader topography includes rolling hills, mesas, piñon and juniper woodland, arroyos, and prominent rock outcroppings that create visual depth and natural separation across the property. Elevations range from approximately 5,800 to 6,300 feet, with higher ground providing amazingly broad vistas with a variety of potential building sites well positioned for views and privacy. Historically part of an early Spanish land grant, Rancho el Patrón has been held as a private family ranch for many years. The property includes approximately one mile of frontage along U.S. Highway 84 and benefits from existing infrastructure that supports long-term flexibility. Approximately two miles of water pipelines and underground electric extend along interior roads, serving seven potential building sites throughout the ranch. The ranch is divided into three legal parcels, providing meaningful options for future ownership. The configuration and infrastructure allow for development possibilities and would enhance the value of a conservation easement, depending on an owner’s long-term objectives. Improvements include a furnished 2016 Clayton manufactured home with three bedrooms and two bathrooms, offering approximately 1,475 square feet of living space. The residence has central heat and a wood-burning stove. There is also window-unit heating and cooling. Three covered porches and a two-car carport provide additional utility. The home is well suited as a comfortable base while developing the property and/or constructing a primary ranch residence. Water resources include two wells, five dirt tanks, three drinkers, and an extensive underground water distribution system. Cattle handling facilities include pens and a loading chute. The property also includes an additional 4-car carport/workshop and a single carport. Located within New Mexico Game Management Unit 43, the ranch supports wildlife including elk, mule deer, black bear, turkey, and mountain lion. The ranch qualifies for unlimited landowner elk tags and over-the counter landowner deer hunting. Rancho El Patrón offers a balanced combination of acreage, privacy, infrastructure, and accessibility—appropriate for continued ranch use, a private holding, or a long-term land strategy aligned with development or conservation goals.

$12,973/mo

Est. mortgage payment based on a $1,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202600230

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Exterior Features

Lot Size
1,316 Acres
MLS provider logo

Listed by Robert Martin with Fay Ranches, Inc.
Listing Contact: (505) 603-9140 

The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 6/20/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 6/20/2026 at 4:09 AM UTC

 

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