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1524 State Highway 94, Mora, NM, 87732

--beds
--baths
--sqft
$895,500
--price/sqft
$6,383/moest. monthly cost
$255,320/yrincome needed

About This Home

Located in Ledoux, this modern two-story Santa Fe–style estate pairs refined living with a true, working agricultural setup. The main residence spans approximately 3,046 square feet and offers 3 bedrooms and 3 baths, a welcoming front courtyard, and a two-car garage. Thoughtful design elements and elevated views create a home that feels private, open, and built for everyday comfort as well as entertaining. Beyond the main house, the property is equipped for serious, year-round operations. A separate manufactured guest home provides 1 bedroom and 1 baths—ideal for extended family, staff housing, or flexible rental use. Two commercial-grade barns one with climate control and one with dedicated administrative areas support efficient production, storage, and management in every season. The land is flat, usable, and well-suited for equipment access, planting, and expansion. A permitted agricultural well anchors the property’s long-term utility and makes this more than a beautiful residence-it’s a rare opportunity to own a one-of-a-kind agricultural compound with infrastructure already in place. Enjoy wide-open skies, space to grow, and the convenience of being within reach of Northern New Mexico’s towns, recreation, and culture. Properties with this combination of home, guest quarters, and commercial AG facilities are exceptionally hard to find.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

--
Holman Elementary SchoolGrades PK-K2.8 mi
5/10
Lazaro Larry GarciaGrades 6-82.7 mi
10/10
Mora High SchoolGrades 9-122.8 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Ranch,Farm

Property

Details

  • Parcel number: 1 087 117 485 052

Features

  • Fencing: Fenced
  • Topography of land: Level,Cleared

Lot

  • Lot size: 10.01 Acres
  • Features: Irregular Lot

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

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
    Inland FloodingVery High
  • Wildfire
    WildfireVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Lightning
Winter Weather
Drought
Landslide

FEMA Declared Disasters in Mora County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

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

MonthlyAnnual
Mortgage $4,528$54,336
Home Insurance *$1,334$16,008
Property Taxes $373$4,476
Electricity $148$1,780
Total$6,383$76,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$218,845/yr
40% on housing$191,490/yr
45% on housing$170,213/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

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.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 33.7%
33.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 87732$324
Mora County$249

vs Homes Sold Last Month

Median $/sqft

ZIP 87732$93
Mora County$326

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

DateEventPrice
2026-04-20Price change$996,900
2026-04-09Price change$1,160,000
2026-01-06Price change$1,260,000
2025-10-07Listed for sale$1,200,000
2025-05-29Listing removed$895,000
2025-03-01Price change$895,000
2025-02-13Price change$945,000
2024-11-29Listed for sale$950,000
2024-04-01Listing removed$998,000
2024-02-12Listed for sale$998,000
2021-03-18Sold--
2021-01-19Listed for sale$364,999
2021-01-11Listing removed--
2020-11-12Price change$364,999
2020-10-07Listed for sale$374,999
2020-06-23Listing removed$399,000
2019-09-16Listed for sale$399,000

For Sale by Agent

AgentKurtis Quintana
BrokerageHome & Land Professionals

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