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1459 N State Highway 173, Navajo Dam, NM, 87419

--beds
--baths
--sqft
$1,400,000
--price/sqft
$8,861/moest. monthly cost
$354,440/yrincome needed

About This Home

This amazing property is located approximately 6 miles downstream from Navajo Lake State Park and Dam. The San Juan River below the Dam is among the most prestigious trout fishing waters in North America and is ranked a USA Top 10 Fly Fishing Destination. Water released from the bottom of the dam is stable, clear, cold and rich in nutrients. The abundant flora within the river bottom creates an ideal environment for insect proliferation, which in turn supports one of America's most prolific river trout populations, both in terms of quantity and size. Downstream from the dam itself is a 3.75 mile "Special Trout Water Section" where only the use of flies and artificial lures with a single barbless hook can be used and all trout caught must be immediately returned to the water. The De Herrera Farm is 34+ acres overall with approximately 7 acres of irrigated grass pasture for grazing seasonal livestock. Irrigation water is provided via the Bloomfield Irrigation Ditch system. All water rights of record will convey with the property. The remaining acreage is typical of a plush New Mexico river bottom and consists of large cottonwood trees, natural grasses and several large river fed ponds. Perimeter and cross fencing with locked gates are in very good condition. Roads within the property are dirt surface and two track in general. If hunting Elk, Trophy Mule Deer, Turkey, Geese and Ducks are your passion as well, this property has it all! The large ponds with plenty of cover hold the waterfowl year-round. The irrigated pasture and natural grass within the cottonwoods provide plenty of grazing, cover and shade for the Elk, Mule Deer and Turkey. Located in Game Unit 2A which is known for Trophy sized Mule Deer of 170"-200"+ and a very respectable local elk population. The farm has historically received one Mule Deer Landowner Tag each year. Archery hunters may choose one of two hunts, September or January. The farm is enrolled in the E-Plus Elk program and is within the Secondary Management Zone which provides for "Unlimited" Ranch Only Landowner Tags which may be purchased online or over the counter. Hunters may choose Archery, Muzzle Loader or Rifle seasons for Bull or Cow. All Waterfowl and Turkey licenses may be obtained online or over the counter for their respective seasons as well. Here's your opportunity to purchase a true sportsman’s paradise. Imagine camping under the shade of the Cottonwoods in full fall colors, casting a line anywhere on the San Juan River, early mornings in the duck blind, letting an arrow fly toward that trophy mule deer or majestic bull elk. Perhaps trailer the boat or Jet Skis to Navajo Lake for a day on the water with family and friends. Year-round recreation all within a few miles! Some basic goods and services can be found just up the road at local stores and tackle shops. Medical, groceries, supplies, services and materials are a brief drive west to Aztec or Farmington, NM. Larger cities such as Durango, Colorado is a brief 1 hour drive to the north. Farmington, NM is one hour west and Albuquerque, NM is a 3+ hour drive south.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

5/10
Blanco Elementary SchoolGrades 1-67.9 mi
6/10
Mesa Alta Jr High SchoolGrades 7-816.4 mi
8/10
Bloomfield High SchoolGrades 9-1215.0 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Features

  • No Interior Steps

Property

Details

  • Special condition: Standard

Features

  • Fencing: Barbed Wire,Cross Fenced
  • On waterfront: Yes
  • Waterfront features: River Access

Lot

  • Lot size: 34 Acres
  • Features: Other,See Remarks,Wooded,Wetlands

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 FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Landslide
Wildfire

FEMA Declared Disasters in San Juan 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 $7,079$84,948
Home Insurance *$1,028$12,336
Property Taxes $606$7,272
Electricity $148$1,780
Total$8,861$106,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$303,805/yr
40% on housing$265,830/yr
45% on housing$236,293/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: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
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 87419$129
San Juan County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 87419$121
San Juan County$178

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
2025-11-23Listed for sale$1,400,000

For Sale by Agent

AgentAnthony M. Trujillo
BrokerageMossy Oak Properties

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