Property Description
Beautiful New Mexico Ranch - Two Properties
7 Handcrafted Log & Stone Cabins + 1 Large Home | 52 total acres
Selling in Online Auction
Bidding Starts: August 8 at 9am MT
Bidding Ends: August 13 at 1pm MT
Location: 363 Camino Del Norte and 169 La Para Road, Estancia, NM 87016
Two Properties to be Offered Individually | Bid on One or Both
Ideal Vacation Property, Family Compound, AirBnB or Retreat
* 2 beautiful properties consisting of 52 acres, seven stunning handcrafted log and stone cabins, a large home, and incredible views (7 cabins are on 40 acres. Large home is on 12 acres)
* New solar system
* Beautiful views
* Peaceful rural nature to unplug from the hustle and bustle of society
* Air BnB projections based off of the Air BnB rental history current owners experienced:
* 7 cabins: $15K-18K monthly avg…$180K-216K annually
* Large Home: $6K+ monthly avg…$72K+ annually
* Recent renovation highlights:
* $80K solar system installed
* New septic tanks
* New plumbing and electrical
* $40K top of the line new stucco job on entire exterior of large home
* Complete renovation of most units
* Exquisitely fully furnished and decorated majority of units, turnkey Air BnB ready
* Gorgeous fully furnished studio apartment added to the large home
* Properties are ideal for:
* Lifestyle ranch vacation for group of friends and/or family to own together (fractional ownership)
* Ranch dream lifestyle for an owner operator to live there and manage Air BnB rentals and/or group retreats
* Air BnB business investment property
* Family compound
* Hybrid - live or vacation there part time, and rent the rest of the time
4400 SF Home - 363 Camino Del Norte Rd Estancia, NM 87016
* 12 acres
* Home - 4,400 sq ft (3 living quarters…main house | studio | en suite)
* Main LIving Area: 3 bedroom, 3 bathroom with a private room/office off the Primary Bedroom. Primary bathroom complete with a soaker tub, walk-in shower, water closet and massive walk-in closet. Second bedroom has a private bathroom. Open concept Living Room/Dining Room/Kitchen on first floor.
* Brand new studio space with full kitchen and bathroom. Has its own separate entrance from outside, totally separate from the main house
* En Suite with an updated bathroom. Separate from the main house, with its own entrance from the outside
* TOTAL PROJECTED GROSS RENTAL INCOME IF USED AS AN AIR BNB: $72K+ ANNUALLY
* RENOVATIONS
* Brand new high-performance, fiber-reinforced dry blend adhesive and base coat Dryvit Synthetic Finish stucco on entire home.
* All new fascia and soffits across full exterior
* Complete transition of a bonus room into a private studio. The studio has a stunning brand new kitchen with quartz countertops, brand new fixtures and perfect finishes. Brand new bathroom added to the studio with walk in shower, brand new fixtures and perfect finishes. Private entrance added, new HVAC/Mini-Split system added along with a brand new water heater specifically dedicated to this studio.
* Turned a bedroom into a private En Suite. Complete with its own private entrance, brand new flooring, new paint, added in a kitchenette with a sink, refrigerator and cooktop. Attached bathroom has been fully updated with a brand new walk-in shower.
169 La Para Rd., Estancia, NM 87016
* 40 acres
* 7 beautifully crafted, structurally sound, fully furnished log cabin style homes
* Currently, 5 of the 7 homes have fully functioning water, septic, and electric
* Cabin 7 still needs septic and electric installed
* Cabin 6 has running water, full electric, and a porta potty
* 4 primitive camp sites (tent camping…yet to be installed) - Projected income of $25,200/year, $2,100/month on these 4 campsites
* Total gross rental income from all cabins to date is shown in the financial statements
* Renovations Completed
* SOLAR POWER: Robust state of the art solar system for Cabins 5, 6, & 7
* NEW PLUMBING: Brand new systems for Cabins 1, 2, 5 + 7 (where none was previously)
* LAUNDRY FACILITY: Added a fully equipped laundry facility to the property complete with washer/dryers, water heater, septic and plumbing
* COMPLETE ELECTRICAL SYSTEMS: Brand new A-Z electrical systems in Cabins1, 5, and 6
* There’s been a complete update to all electrical systems, plumbing systems and water systems in Cabins 3 + 4
* BRAND NEW KITCHEN: Cabins 1 + 4 have been equipped with brand new kitchens
* BATHROOM ADDITIONS:
* Large, stunning bathroom has been added to Cabin 5 complete with a soaker tub, shower and double vanity. This cabin is fully off-grid.
* Cabin 1 has a brand new bathroom complete with a walk in shower. Also had concrete floors poured for Cabin 1
* Interior Design
* Each cabin has been designed and furnished professionally for optimal performance on all Short Term Rental platforms (Airbnb, Hipcamp, etc).
For more information and showings, please contact:
Listing Broker: SVN Walt Arnold Commercial, Katrina Flores, Advisor 505-304-4265
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