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17 Pancho Rd, Mimbres, NM, 88049

3beds
2baths
1,756sqft
$480,000
$273price/sqft
$2,983/moest. monthly cost
$119,320/yrincome needed

About This Home

Beautiful 10-acre property in the Mimbres Valley (approx 30 minutes to Silver City) featuring a Southwestern-style home with 360° mountain and valley views. Bright, open living and dining areas include exposed beams, tile flooring, and large windows. The kitchen offers a practical layout with a breakfast bar, and the guest bedroom includes a Murphy bed for added flexibility. The partially glassed back patio provides a comfortable outdoor space, and the home is Starlink-ready for high-speed internet. A 220 outlet and sub-panel on the patio allow for easy hot tub installation. Additional improvements include a carport with attached workshop and a 10x20 barn shed. The acreage features mature trees, native desert plants, long-range views, fenced areas, horse-friendly space, and a dedicated dog run.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

1/10
4/10
Snell Middle SchoolGrades 6-811.6 mi
5/10
Cobre High SchoolGrades 9-1211.9 mi

Construction

Condition

  • Year built: 2018

Materials

  • Roof: Metal
  • Construction materials: Stucco,Unknown

Type & Style

  • Home type: SingleFamily
  • Architectural style: Southwestern
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Electric Appliances,Dryer,Dishwasher,Microwave,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,Laundry in Utility Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Fireplace(s),Other
  • Cooling features: Other,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,756
  • Total interior livable area: 1,756 sqft

Property

Details

  • Parcel number: R063545
  • Zoning description: Other - out of area
  • Special condition: None

Features

  • Patio & porch: Covered,Patio
  • Exterior features: Dog Run,Propane Tank - Leased
  • Fencing: Partial,Pipe,Stone,Wall
  • Has view: Yes
  • View description: Mountain(s),Valley
  • Living area range: 1601 - 1800

Lot

  • Lot size: 10 Acres
  • Features: Native Plants,Secluded

Parking

  • Total spaces: 2
  • Parking features: Attached Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

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 $2,427$29,124
Home Insurance *$256$3,072
Property Taxes $152$1,824
Electricity $148$1,780
Total$2,983$35,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,274/yr
40% on housing$89,490/yr
45% on housing$79,546/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

$273This listing

vs Other Active Listings

Avg $/sqft

ZIP 88049$232
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
2026-05-11Listed for sale$480,000
2023-07-19Sold--
2023-06-07Contingent$455,000
2023-06-06Pending sale$455,000
2023-05-27Price change$455,000
2023-04-07Listed for sale$465,000

For Sale by Agent

AgentJohanna R Gramer
BrokerageEnchantment Realty

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