Skip main navigation
Lot/land
  • $3,500,000

    151 Alley Rd, Edgewood, NM 87015

    --beds
    --baths
    314.7Acres
    Farm
    Built in ----
    314.7 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Single-pen cattle corralLoading alleyExpansive meadows and pastureStrategic fire breaks
    Welcome to a spectacular High Desert Mountain Ranch Opportunity!An exceptional ranch land opportunity to own 306+/- deeded acres in the ManzanoMountains, approximately 24 miles and 30 minutes from Albuquerque and just 31 miles from the ''Big I'' interchange. Located in Bernalillo County and extending east to the Torrance County line, this remarkable ranch combines substantial acreage, mountain scenery, established ranch infrastructure, abundant wildlife, and a significant recent investment in land stewardship.The ranch is A-1 zoned and completely perimeter fenced with four-strand barbed wire, with a 36-acre interior pasture, single-pen cattle corral, and loading alley.The property is currently being used to run a small herd of cattle and maintains aBernalillo County livestock exemption, providing a meaningful property-tax advantage to a qualified agricultural operation.Recent improvements include professional forest management and thinning valued atapproximately $500,000. Native pinion pine, ponderosa pine, and junipers were selectively thinned to create strategic fire breaks, improve access, and open up portions of the ranch into expansive meadows and pasture. The result is an exceptional blend of open grassland and mature healthy forest, enhancing both the property beauty and functionality while improving fire defensibility. Thinning resulted in exceptional high point views nearing 360 degrees in some places.Another recent improvement was the installation of underground electrical utilities.A 50 KVA transformer serves the property, with electrical power extending along the southern third and underground infrastructure with pull boxes allowing for potential future extensions to other locations on the south end.Water infrastructure is already in place. A 6-inch domestic well produces approximately 13 GPM from a depth of approximately 250 feet. 4 established dirt tanks provide additional water for livestock and wildlife.The property is mostly accessed via two paved routes with good year around access.While on property a classic dirt road extends within the property and as with most mountain properties, roads can become muddy following significant rain or snow. Wildlife is a notable feature of the ranch. Game cameras have documented deer, bear, turkey and bobcats, reflecting the property's diverse habitat of meadows, pasture, forest, and rolling mountain terrain. The setting offers exceptional opportunities for wildlife observation, outdoor recreation, and hunting, subject to applicable New Mexico regulations.The ranch also offers intriguing possibilities for the future. With A-1 zoning and a stated 2-acre minimum, the property may offer opportunities for additional development or subdivision, subject to verification and approval by Bernalillo County and all applicable agencies. Adding to the property's character is an approximately 24 x 30 Eagle carport structure and a 20-foot storage container, providing useful on-site storage and covered equipment space. This is an established and thoughtfully improved ranch, where a substantial investment has already been made in forest management, fire mitigation, access, pasture creation, fencing, water, electrical infrastructure, and livestock facilities. All of this, combined with the property's proximity to Edgewood and Albuquerque, creates an unusuallycompelling opportunity for a rancher, outdoor enthusiast, investor, or buyer seeking a private mountain retreat with room to grow with close proximity to the city.
    7 days
    68
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph La Mendola 505-379-1856,

    Realty One of New Mexico 505-883-9400,

    Roger P Martinez 505-585-4144,

    Realty One of New Mexico

    Source: SWMLS,MLS#: 1112764MLS Logo

      Facts & features

      Property

      Features
      • Fencing: Fenced
      Lot
      • Size: 314.7 Acres
      • Topography: Bottomland,Other,SeeRemarks
      Details
      • Additional structures: Corral(s), Outbuilding
      • Parcel number: 103605039626440144
      • Zoning description: A-2
      • Other equipment: None

      Utilities & green energy

      • Sewer: None
      • Water: Private, Well
      • Utilities for property: Electricity Connected, Sewer Not Available

      Community & HOA

      Location
      • Region: Edgewood

      Financial & listing details

      • Tax assessed value: $7,653
      • Annual tax amount: $80
      • Date on market: 10/20/2026
      • Cumulative days on market: 7 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/20/2026Listed for sale$3,500,000
        Source: SWMLS #1112764 Report a problem
        10/28/2020Sold--
        Source: SWMLS #955429 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$79 -2.2%$2,551
        2024$81 $2,551 -2.7%
        2023-- $2,621 -98.2%
        2022$4,765 +3.4%$145,736
        2021$4,610 +0%$145,736
        2020$4,610 $145,736
        2019-- $145,736
        2018$10,170 +120.2%$145,736
        2017$4,618 -54%$145,736 -53.7%
        2016$10,037 -96.8%$314,535
        2015$314,535 +2979.9%$314,535
        2014$10,213 $314,535
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87015

        Getting around

        0 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts