Sotheby's Int. RE/Washington

997 New Mexico Highway 65, Montezuma, NM

$4,250,000

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6

Beds

6

Baths

4,200

Square feet

74.54

Acres

About 997 New Mexico Highway 65

Rio de Vega – A Rare Legacy Estate on 74.54 Acres with River Frontage, Guesthouse & Barn Welcome to Rio de Vega — a legacy estate that has been cherished for generations and affectionately known by the family as “The Playground.” This extraordinary 74.54-acre property is a sanctuary of beauty, creativity, and comfort just minutes from Las Vegas, NM, and the renowned United World College. At the heart of the estate is a custom 4,200 sq. ft. main residence, originally a barn kit reimagined into a luxury home by renowned designer Pedro Marquez. Featuring pine siding, alder doors, and thoughtful architectural details, the home blends rustic character with refined finishes. Two refrigerators, a chest freezer, and a stand-up freezer are included, and a 1,000-gallon propane tank powers a Cummins generator for added peace of mind. A separate 2,000 sq. ft. guesthouse offers additional comfort and privacy with its own 500-gallon propane tank and independent septic system. There’s even a third septic and 220 electric already in place, ready for an additional home to be built. The 2,610 sq. ft. drive-through barn is a masterpiece in itself, constructed atop teak-floored storage containers and framed in canyon-harvested red fir. The property also includes a rebuilt, powered chicken house, multiple charming outbuildings, and three serene ponds—one spring-fed and another sealed with bentonite. Water is plentiful with the water table just 6 feet below ground and nearly half a mile of Gallinas River frontage enhanced by protective jersey barriers for added flood security. Rio de Vega is fully equipped for modern living with high-speed internet (Starlink at the guesthouse and DesertGate at the main house), plumbed 4 feet deep throughout, and year-round access with roads plowed in the winter. With abundant water rights, lush surroundings, and boundless potential for relaxation, recreation, or even expansion, this is more than just a property—it’s an opportunity to own a truly one-of-a-kind estate with deep roots and lasting possibilities.

Residential home for sale in Montezuma, NM at 997 New Mexico Highway 65. This 6 bedroom Residential home is priced at $1,012/sqft

Features of 997 New Mexico Highway 65

MLS® # 202503538
Price $4,250,000
Bedrooms 6
Bathrooms 6.00
Full Baths 4
Half Baths 1
Square Footage 4,200
Square Footage 4200 SquareFeet
Acres 74.54
Year Built 2007
Type Residential
Sub-Type Single Family Residence
Style Manufactured Home, Mobile Home, Multi-Level, Ranch
Status Active

Community Information: Montezuma

Address 997 New Mexico Highway 65
Area 28-San Miguel Cnty
City Montezuma
County San Miguel
State NM
Zip Code 87731

Amenities of 997 New Mexico Highway 65

Utilities High Speed Internet Available, Electricity Available
Parking Spaces 3
Parking Attached, Garage
# of Garages 2
Is Waterfront Yes
Has Pool No
Pool None

Interior of 997 New Mexico Highway 65

Interior Carpet, Wood
Interior Features Beamed Ceilings, Interior Steps
Appliances Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Heating Radiant Floor, Radiant, Fireplace(s), Propane
Cooling None
Fireplace Yes
# of Fireplaces 4
Fireplaces Wood Burning, Wood Burning Stove
Stories One, Multi/Split, Two
Has Basement No

Exterior of 997 New Mexico Highway 65

Exterior Frame, Modular/Prefab
Exterior Features Horse Facilities
Windows Insulated Windows
Roof Built-Up, Other, See Remarks
Construction Frame, Modular/Prefab
Foundation Permanent

School Information

Elementary Las Vegas
Middle Las Vegas
High Las Vegas

Additional Information On 997 New Mexico Highway 65

Date Listed August 5th, 2025
Days on Market 67
Short Sale No
RE / Bank Owned No

Listing Details

AgentRyan D. Ferguson
OfficeSotheby's Int. RE/Washington

Listing Map

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