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48 Cerro Alto Rd, Lamy, NM 87540

2 beds, 2 baths
For Sale
$895,000
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My Notes
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his is Grandabon Farm! This incredible horse property is only 20 minutes from Santa Fe. This 40 acre offering is a fully functional and working equestrian facility. There is a current commercial license. The main barn features 15 stalls with attached runs, automatic watering systems, and rubber flooring. The barn also has a wash stall, tack room, half bath, and office. Attached to the barn is an incredible 60 x 120 indoor riding arena. Additionally, there is a 5-stall shed row barn, 12 x 36 loafing shed, and a one-stall quarantine barn with attached run. The property also boasts 100 x 200 outdoor arena and 2 outbuildings for hay and equipment storage. There is a single family 2 bedroom 2 bath home that can be utilized as the owners home or caretakers quarters. The property is surrounded by incredible topography with rolling hills peppered with pinon trees and sage bushes. Views to the west are of spectacular sandstone formations and unobstructed views to the south of the Ortiz Mountain  MoreLess
Facts
  • Lot: 40 acres
  • Single Family
  • 249 days on Zillow
Construction
  • Roof type: Other
  • Structure type: Other
Other
  • Zillow Home ID: 2111367919
Home Values
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$1,783/mo
-$24 Last 30 daysd
$927
$3.1K
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Neighborhood for 48 Cerro Alto Road

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Zillow predicts Santa Fe Metro home values will rise 2.8% next year.

Foreclosures will be a factor impacting home values in the next several years. In 87540, the number of foreclosures waiting to be sold is 7.5% greater than in Lamy, and 59.3% lower than the national average. This higher local number may prevent 87540 home values from rising as quickly as other regions in Lamy.

Learn more about forecast calculations.
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