Costilla Valley Agricultural Land with Water Rights. Located in the historic Costilla Valley of northern Taos County, New Mexico, these exceptional properties offer a rare combination of agricultural land, established water rights, highway frontage, and remarkable mountain views. Available as two separate parcels—a 35-acre tract and a 15-acre tract—or together as a combined holding of more than 50 acres, the properties provide flexibility for agricultural, livestock, residential, recreational, and investment uses. Acequias traverse the land, supporting irrigated fields, mature cottonwood and cedar trees, and a landscape long suited to farming and ranching. As part of a historic agricultural landscape, the properties offer productive fields, existing agricultural features, and multiple potential homesite locations, all surrounded by sweeping views of the Sangre de Cristo Mountains. To help spark your creativity, a virtual home has been placed on the property. Located less than one mile from the Colorado state line and within the broader San Luis Valley, the properties enjoy convenient access to both northern New Mexico and southern Colorado. Whether purchased individually or together, these parcels represent a unique opportunity to own irrigated land in one of the oldest agricultural regions of the American Southwest, where water, open space, and productive acreage remain increasingly difficult to find.