The Sanchez Family Farm is a highly sought-after 13.24A± acre farm in Valencia County, NM. It offers an exceptionally rare opportunity to acquire pre-1907 water rights with a formal declaration from the New Mexico State Engineer's Office; a true asset in today's water-constrained market. Historically productive in alfalfa, this irrigated farm is ideally positioned just minutes from Belen and within close proximity to Albuquerque, making it both agriculturally valuable and strategically located. With secure senior water rights, proven production, and strong regional demand, this property represents a scarce offering that is expected to move quickly.
Property Attributes
13.24 A± acres
Pre-1907 declared senior water rights
Property Use: farming
Historic alfalfa production
Elevation: 4,800ft
Year round access
Hunting
Hunting opportunities are available nearby, with close proximity to the Rio Grande supporting waterfowl and upland birds such as dove and quail along the ditch banks. Buyers should review current regulations to determine allowable hunting opportunities on the property.
Access
Access to the property is off the Jarales Lateral ditch bank road via Maestas Rd, Jarales Rd, and State Highway 309 (East Reinken Rd).
Water Rights
Highly valuable pre-1907 water rights with a formal declaration from the New Mexico State Engineer's Office, confirming their senior status and validity. These water rights will convey with the land, offering long-term security and exceptional agricultural value.
Income Opportunities
Farming
Sale of Water Rights
Sub Division
Location
Belen, NM: 5 minutes (grocery stores, restaurants)
Albuquerque, NM: 45 minutes (hospitals, international airport)
Lot/land
$999,000
Maestas Rd, Belen, NM 87002
--beds
0baths
13.24Acres
Unimproved Land
Built in ----
13.24 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Year round access
- 48 days |
- 55 |
- 4 |
Zillow last checked:
Listed by:
Scott Mabray,
St. James Sporting Properties 855-711-7577
Source: REALSTACK,MLS#: 97800
Facts & features
Interior
Property
Lot
- Size: 13.24 Acres
Community & HOA
Location
- Region: Belen
Financial & listing details
- Date on market: 2/25/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$1,476/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Listed for sale | $999,000+568.2% |
Source: REALSTACK #97800 Report a problem | ||
| 7/13/2022 | Sold | -- |
Source: | ||
| 5/18/2022 | Pending sale | $149,500 |
Source: | ||
| 3/16/2022 | Listed for sale | $149,500-14.6% |
Source: | ||
| 1/19/2022 | Listing removed | -- |
Source: | ||
| 8/10/2021 | Price change | $175,000-23.9% |
Source: | ||
| 7/14/2021 | Listed for sale | $230,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 87002
Nearby schools
GreatSchools rating
- 4/10Rio Grande Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 7/10Belen Middle SchoolGrades: 7-8Distance: 1.4 mi
- 5/10Belen High SchoolGrades: 9-12Distance: 2.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Valencia County
- Belen
- 87002
- Maestas Rd



