855.375.4001
Listing Courtesy of: Ryan Ferguson - Sotheby's Int. RE/Washington 505-570-2028
$4,250,000 affordable loan icon Calculate Payment

997 New Mexico Highway 65 Montezuma, NM 87731

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Single Family Residence
6 Beds
6 Baths
... Bed/Bath
4,200 Sq. Ft.

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Last updated on 12/15/2025 9:16 AM
Rio de Vega is a remarkable 74.54-acre legacy estate offering unmatched natural beauty, abundant water, and exceptional infrastructure just minutes from Las Vegas, NM and the United World College. Known to the family as “The Playground,” this property blends comfort, creativity, and Northern New Mex...ico wilderness in a way that is truly rare. The custom 4,200 sq. ft. main residence—originally a barn kit—was transformed into a warm, refined home by designer Pedro Marquez, featuring pine siding, alder doors, and thoughtful architectural detail throughout. A 2,000 sq. ft. guesthouse provides additional space and privacy with its own 500-gallon propane tank and independent septic system. A third septic and 220 electric are already installed, creating a ready site for a future home or structure. The 2,610 sq. ft. drive-through barn is a standout feature, built atop teak-floored storage containers and framed with canyon-harvested red fir. Additional outbuildings include a rebuilt, powered chicken house and multiple storage structures. Water is one of the property’s greatest assets, with nearly half a mile of Gallinas River frontage, three ponds (including spring-fed and bentonite-sealed), and a water table only 6 feet deep. Jersey barriers along the riverbank help protect the property during high-water events. High-speed internet, a Cummins generator, and year-round access support easy, reliable living. The land is alive with incredible wildlife, including elk, deer, turkey, and other native species that frequent the property daily. Rio de Vega also comes with existing elk tags, and per the seller, landowners apply annually to the New Mexico Department of Game & Fish for E-Plus Landowner Permits—a process the current owner has never had difficulty obtaining. With its scenic landscape, strong infrastructure, abundant water, and exceptional recreational potential, Rio de Vega is a rare opportunity to own a truly special Northern New Mexico estate. Continue reading
MLS#
202503538
Property Type
Single Family
Bedrooms
6
Bathrooms
4 Full/1 Three-Qtr/1 Half
Year Built
2007
Square Feet
4,200 sq. ft
Lot Size
74.54

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Listing Courtesy of: Ryan Ferguson - Sotheby's Int. RE/Washington 505-570-2028
Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Santa Fe Association of Realtors® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The properties displayed may not be all of the properties available through the IDX Program. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing. © 2025 Santa Fe Association of Realtors® MLS. All rights reserved.
This content last refreshed on 12/15/2025 9:16 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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