27370 Us Highway 70, Glencoe, NM, 88324
About This Home
Enchantment Farm is truly enchanted. This 17 acre irrigated farm along the Rio Ruidoso River is the most peaceful setting in the valley. Custom 3BR/2-1/2BA home sits stately above the irrigated pastures of globe willows and poplars. The main home is one level, 3056 sq ft of living space with updated kitchen fireplace and radiant floor heat. You'll love the 16'x16' outdoor covered patio with fireplace. Guest house was built in 1905 and has 2BR/2BA. Brand new well installed 3/2023. 17.28 acre feet of 1864 senior water rights from the Antonio Sanchez Ditch via 12'' underground pipeline through 34 large Rainbird sprinklers. Barn is made of adobe and open for good ventilation. There is also a 50 yard & 100 yard shooting range. This property is special and there's too much to list...
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 2003
Materials
- Construction materials: Frame,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Double Oven,Dryer,Microwave,Propane Cooktop,Refrigerator,Range Hood,Stainless Steel Appliance(s),Washer
- Laundry features: Washer Hookup,Electric Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Breakfast Bar,Ceiling Fan(s),Open Floorplan,Pantry,Main Level Primary,Utility Room,Workshop
- Flooring: Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Outside,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace(s),Radiant
- Cooling features: Ceiling Fan(s)
Interior Area
- Total interior livable area: 3,111 sqft
Property
Details
- Zoning: Rural
- Other equipment: Call Listing Agent
- Horse amenities: Corral(s),Pasture
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Front Porch
- Exterior features: Lighting,Rain Gutters
- Fencing: Fenced,Perimeter
- Has view: Yes
- View description: Mountain(s),Pasture,Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Lot size: 17 Acres
- Features: Cleared,Gentle Sloping,Level,Views,Waterfront
Parking
- Total spaces: 3
- Parking features: Asphalt,Driveway,Paved,RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 3
- Has uncovered spaces: Yes
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Wildfire
- Winter Weather
- Hail
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Lincoln County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,826 | $81,912 |
| Home Insurance * | $219 | $2,628 |
| Property Taxes | $607 | $7,284 |
| Electricity | $221 | $2,654 |
| Total | $7,873 | $94,476 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-28 | Listed for sale | $1,750,000 |
| 2024-01-01 | Listing removed | -- |
| 2023-09-21 | Listed for sale | $1,750,000 |
| 2023-08-06 | Listing removed | -- |
| 2023-06-13 | Listed for sale | $1,750,000 |
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