Modern Southwest Sanctuary in the Heart of Hondo Valley! Skip the maintenance of an older homestead and step into this stunning custom residence. Situated on a private 1.02-acre lot, this Southwest Territorial-style home perfectly blends modern efficiency with regional charm. The main level features a bright, open floor plan with 3 spacious bedrooms and 2 full baths. High-end finishes abound, including a brand-new HVAC system (2024), a newer well pump (2025), and a septic system installed in 2023. Enjoy cozy evenings by the fireplaces or take in the panoramic mountain views from the expansive covered portals. Bonus Potential: The property includes a detached exterior building—ideal for a studio, workshop, or conversion into a mother-in-law suite. An additional basement area offers incredible potential for a 3rd bedroom or a hobby space. All appliances convey, making this a truly turn-key opportunity. Located at Mile Marker 292, you are perfectly positioned between the amenities of Ruidoso and Roswell. USDA Eligible!
LIVE WATER! This Picacho Farmland is situated on 11.54ac, w/ 19.5 acres of Water Rights. Feature 75-year-old apple trees, flanked by the Hondo River from its west bank & its L-curve to all the East part of the property. This farm has always been a sanctuary for deer & elk. Hunting has never been allowed on the farm & for that reason, the wildlife feels safe as they graze at the fallen apples throughout the orchard. It's been said that 22-inch trout is being caught in several parts of the river & directly behind the farm. The ideal location to build your gateway home to enjoy a world away from city life. Nearby attractions are Picacho Mansion R.O. Anderson Estate, Ruidoso Downs & Ski Apache. Roswell is 30 miles to the East, on the Highway U.S. 70, where American Airlines has daily flight.


Picacho is located in New Mexico. Picacho, New Mexico has a population of 27. The county average for households married with children is 21.71%.
The median household income for the surrounding county is $47,247 compared to the national median of $69,021. The median age of people living in Picacho is 0 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 15.4 inches per year, with 15.5 inches of snow per year.