Ranch for sale located in central Torrance County, New Mexico. This approximately 1669 acre gem of a property is only an hours drive to Albuquerque and an hour and a half to Santa Fe NM. The ranch is fenced and crossed fenced into several pastures. It has two electric wells on the north end of the property and one solar well at the south end. Dirt tanks also provide additional water sources. The homesite consists of an approximately 2560 manufactured home with nice additions, 3 car garage, shop and barns. A short distance from the homesite is a set of pens and hay barn and water tank.
Sold on 12/05/25
Price Unknown
321 Riley Rd, Estancia, NM 87016
--beds
--baths
1,669Acres
Farm
Built in ----
1,669 Acres Lot
$457,300 Zestimate®
$--/sqft
$1,738 Estimated rent
Home value
$457,300
$297,000 - $649,000
$1,738/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 12:34pm
Listed by:
Michael L Gustin 505-264-3769,
United Country Farm & Home
Bought with:
Michael L Gustin, 13492
United Country Farm & Home
Source: SWMLS,MLS#: 1087907
Facts & features
Property
Features
- Exterior features: Propane Tank - Owned
- Fencing: Fenced
Lot
- Size: 1,669 Acres
- Topography: Level,Terraced
Details
- Additional structures: Barn(s), Corral(s), Outbuilding
- Parcel number: 1038031354138000000
- Zoning description: AP
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Electricity Connected, Propane
Community & neighborhood
Location
- Region: Estancia
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Sold | -- |
Source:  SWMLS #1087907 | ||
| 8/7/2025 | Pending sale | $1,250,000 |
Source: SWMLS #1087907 | ||
| 7/16/2025 | Listed for sale | $1,250,000-7.4% |
Source: SWMLS #1087907 | ||
| 11/14/2024 | Listing removed | $1,350,000 |
Source: SWMLS #1064234 | ||
| 5/31/2024 | Listed for sale | $1,350,000-12.9% |
Source: SWMLS #1064234 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $68 +1.2% | $3,089 +1.3% |
| 2023 | $67 +6.5% | $3,050 +9.3% |
| 2022 | $63 -0.2% | $2,791 -10.5% |
Find assessor info on the county website
Neighborhood: 87016
Nearby schools
GreatSchools rating
- NAVan Stone Elementary SchoolGrades: KDistance: 10.3 mi
- 7/10Estancia Middle SchoolGrades: 7-8Distance: 10.4 mi
- 2/10Estancia High SchoolGrades: 9-12Distance: 10.4 mi