$579,000 101 Calle El Ojito Hondo, NM

MLS: 122296   Type: Multi-Family   County: Lincoln   City: Hondo   Area: E-ruidoso Downs To Tinnie   Zip: 88336     Stories: 3   Taxes: $4,983

Mortgage $2,718 /mo



Half Baths

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Escape to New Mexico! and discover a tidy Hybrid Iris Farm on an historic acequia. There is a 2500 sq.ft. restored 1860 Adobe with modern addition including custom stencilled concrete floors and hand hewn vigas . A separate newly renovated Guest house/Casita has some AirBnb history....The ''farm'' is turn key with all equipment included and just under an acre of established water rights to make sure everything is Green! ......real net profit with room/ideas to grow.....there has been a ''Fairy Garden'' on the lower portion, which would make a terrific ''Glamping concession'' Maybe Weddings? Owner financing available with 200k down.5.5%, 30 year term, 5 year balloon and they will stay and train new owners. Another living space complete with bathroom , has been created!

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Price History

5/17/2021 Listed $579,000

Accessibility: Entry Level 1
Appliances Gas Range
Area E/Ruidoso Downs to Tinnie
Business Name Hondo Iris Farm
Business Only No
Business Type Other, See Remarks
Cooling Ceiling Fan(s)
Heating Radiant Floor, Wall Furnace
Levels Three Or More
Other Equipment Satellite Dish
Property SubType Commercial Improved
Property Type C
Road Frontage Private Road
Section 5
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision/project Other
Township 11S
View Trees/Woods, Valley, Water
Waste System Septic Tank
Zoning Rural

Interior Features

Approximate Heated SqFt 3100.00
Fireplace Wood Burning
Interior Features Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Range 17E

Exterior Features

Car Storage RV Access/Parking
Carports 0.00
Finish/construction Adobe, Stucco
Lot -
Lot Description Interior Lot, Other
Lot Size 265x306x219x303
Road Surface Gravel
Water Source Well

Property Schools

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Gallery (50 photos)

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Property vs Zip Code Avg (88336)

Price 579K Avg 579K

Sqr Feet 3,100 Avg 3,100

Cost / Sqr Ft $187 Avg $187

Taxes $4,983 Avg $4,983

Acres 1.69 Avg 1.69

Visits 3 Avg 4

Days on Site 1,154 Avg 1,154

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Listing Provided Courtesy Of: Century 21 Aspen Real Estate

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Location & Address

Pinnacle Real Estate & Development Inc.
931 State Highway 48
Alto, NM