About This Home

This 4-bedroom, 3-bathroom single family at 64 Private Drive 1038A in Velarde, NM is listed for $899,000 ($450 per sqft). Built in 1993, the home offers 2,000 sqft of living space on a 7.50 acres lot.

Key Features

  • Built in 1993
  • 7.50 acre lot
  • Fireplace

Property Details

1 story
2 full, 1 half
1-car garage
1993

Amenities

FireplaceA/C
Listing Description

Sitting on a quiet, private piece of land (+- 7.5 acres) at the end of Private Drive 1038A in Velarde, New Mexico, sits this approximate 2000 sq ft manufactured home along with a hydroponic farm. Bordered by the Rio Grande River with approximately 250 feet of riverfront property, this hydroponic farm has consistently produced tomatoes, cucumbers, basil, and lettuce.

It has provided employment and has been a huge success in the community. It currently grows in a soilless culture in Bato buckets and is easily adapted to soil, if desired. There are three greenhouses, totaling approximately 16,000 square feet of grow area.

The environment and irrigation of the greenhouses is fully automated. The property contains a fully insulated, temperature-controlled warehouse/garage that houses water supply, filtration and distribution systems. Extras on this property include a Kohler 125Kw fully automated emergency backup generator.

5100-gallon water emergency storage tank. Over 1200 sq ft of dry storage. Wadsworth seed environmental controls with remote control and monitoring. Property has been used for vegetables, herbs, flowers and cannabis. Water rights in the amount of 3.97-acre feet annually from the well. Come sit out along the Rio Grande and make this your perfect investment property, gentlemen's/gentlewoman's' farm, horse property, and so much more.

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

64 Private Drive 1038A

Velarde, NM 87582-0000

Features & Amenities

Interior Features

CeilingFansVaultedCeilingsWalkInClosets

Property Details

Flooring

LaminateCarpetTile

Construction

Manufactured

Parking

Garage

Heating

Forced Air

Cooling

Central Air

Appliances

DryerDishwasherElectricOvenGasRangeGasWaterHeaterRefrigeratorWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 64 Private Drive 1038A is listed at $899,000 ($450/sqft). The estimated monthly payment is $4,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1993, 7.50 acre lot, Fireplace. Interior Features: CeilingFans, VaultedCeilings, WalkInClosets.

This property is listed by Irene Cordova.

IC

Irene Cordova

License 50837

Agent at Realty One of New Mexico LLC.

Listed by Realty One of New Mexico LLC. · Broker phone: 5058839400 · View on Broker Site

MLS# 115283· Source: Enchanted Circle Association of REALTORS®· 121 days on PropertySimple

Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

64 Private Drive 1038A, Velarde, NM 87582-0000

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