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997 New Mexico Highway 65, 
Montezuma, NM 87731

$4,250,000


6

Beds


6

Baths


6,200

Sq Ft


Single Family

Active

Listed by

Ryan D. Ferguson

Sotheby'S Int. Re/Washington

505-988-8088

Last updated:

August 15, 2025, 09:05 PM

MLS#

202503538

Source:

NM SFAR

About This Home

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.

Home Facts

Single Family

6 Baths

6 Bedrooms

Built in 2007

Price Summary

4,250,000

$685 per Sq. Ft.

MLS #:

202503538

Last Updated:

August 15, 2025, 09:05 PM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

4

Interior

Living Area:

6,200 Sq. Ft.


Structure

Structure

Architectural Style:

Manufactured Home, Mobile Home, Multi Level, Ranch

Building Area:

6,200 Sq. Ft.

Year Built:

2007


Lot

Lot Size (Sq. Ft):

3,246,962


Finances & Disclosures

Finances

Price:

$4,250,000

Price per Sq. Ft:

$685 per Sq. Ft.

Source:NM SFAR
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