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66 Elk Trl, Mimbres, NM, 88049

4beds
4baths
10,500sqft
$2,500,000
$238price/sqft
$18,880/moest. monthly cost
$755,200/yrincome needed

About This Home

Discover an extraordinary 40-acre luxury ranch estate nestled in the scenic mountains of Mimbres, New Mexico. Close to Silver City. Comprised of two adjoining 20-acre parcels, this exceptional property offers unmatched privacy, breathtaking mountain vistas, and endless opportunities for luxury living, equestrian pursuits, recreation, or a private family retreat. The custom-built, single-level residence features approximately 4,500 square feet with four bedrooms, four bathrooms, spacious living and entertaining areas, exposed vigas, a wine cellar, wood-burning fireplace, gourmet kitchen, refrigerated air, and exceptional craftsmanship throughout. Expansive windows frame panoramic mountain views and abundant wildlife. Additional improvements include approximately 6,000 square feet of guest and support facilities, including a detached guest house, heated attached and detached garages, oversized RV garage, workshops, barns, storage buildings, and horse facilities. Three private wells, a full-house surge protector, private septic system, and extensive infrastructure complete this turnkey ranch. Minutes from the Gila National Forest and picturesque Lake Roberts, enjoy world-class fishing, boating, hiking, horseback riding, camping, and endless outdoor recreation. The nearby Gila Wilderness, America's first designated wilderness area, offers spectacular scenery and miles of trails. Trophy elk, mule deer, wild turkey, black bear, and other wildlife are frequently seen throughout the area. Hunters may apply through New Mexico's public draw system for coveted elk licenses in nearby Game Management Units. Whether envisioned as a luxury ranch, executive retreat, family compound, or legacy property, this remarkable offering combines exceptional craftsmanship, privacy, natural beauty, and year-round recreation in one of New Mexico's premier outdoor destinations.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

1/10
4/10
Snell Middle SchoolGrades 6-817.5 mi
5/10
Cobre High SchoolGrades 9-1217.3 mi

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Frame,Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Northern New Mexico,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Cooktop,Oven,Range,Refrigerator,Water Softener,Water Heater,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,No Interior Steps,Wine Cellar
  • Window features: Insulated Windows
  • Flooring: Carpet,Concrete,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Insert,Wood Burning,Wood BurningStove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Ductless,Evaporative Cooling,Refrigerated

Interior Area

  • Total structure area: 10,500
  • Total interior livable area: 10,500 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: R067688
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Horse Facilities
  • Horses can be raised: Yes
  • Living area range: 4,001-5,000

Lot

  • Lot size: 40 Acres

Parking

  • Total spaces: 20
  • Parking features: Attached,Detached,Garage,Heated Garage,RV Garage,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Lightning
Winter Weather
Heat Wave
Landslide

FEMA Declared Disasters in Grant 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 $12,641$151,692
Home Insurance *$1,334$16,008
Property Taxes $4,159$49,908
Electricity $746$8,958
Total$18,880$226,560
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$647,314/yr
40% on housing$566,400/yr
45% on housing$503,466/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: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 88049$230
Grant County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 88049$339
Grant County$198

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
2026-07-30Listed for sale$2,500,000
2026-06-28Listing removed$1,590,000
2025-10-01Listing removed$2,199,000
2025-04-22Listed for sale$2,199,000
2024-05-09Listing removed$1,995,000
2024-04-02Listed for sale$1,995,000
2021-08-25Listing removed--
2020-09-21Listed for sale$1,590,000
2019-04-03Listing removed$1,490,000
2018-05-21Price change$1,490,000
2018-04-03Listed for sale$1,600,000

For Sale by Agent

AgentDavid Cordova
BrokerageSotheby's Int. RE/Grant

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