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24554 Us Highway 84, Cebolla, NM, 87518

0beds
0baths
0sqft
$2,795,000
--price/sqft
$16,158/moest. monthly cost
$646,320/yrincome needed

About This Home

Terrero Creek Ranch is a 1,154± acre property located 30 minutes south of Chama, NM, a premier big-game hunting area (Unit 51A). Known for high elk densities and quality mule deer bucks, the ranch also supports black bear, mountain lion, and turkey populations. Elevations range from 7,160 to 8,120 feet, with rolling terrain featuring sage, native grasses, juniper, pinion, and mature ponderosa pine-prime habitat for wildlife. The property includes 1.25 miles of Terrero Creek and five water tanks, all of which draws Big Game during fall archery and rifle seasons, including the migrating herds of elk and mule deer. Enrolled in New Mexico's EPLUS elk program, the ranch historically received up to 7 private-land elk vouchers annually, which are transferable or sellable. Mule deer, black bear, mountain lion, and turkey tags are available over-the-counter (OTC) for archery and rifle seasons. Elk rut near water sources in archery season and migrate to lower elevations for rifle season, joined by mule deer seeking food and bedding areas. Bear densities rank among the state's highest in Bear Management Zone 1. With direct access from paved US-84, private road system on the property, power on the property, and no covenants, this blank slate offers a variety of improvement options. Mineral and water rights transfer to the new owner. Recreation at Taos ski area, and the city of Santa Fe is under 2 hours away, and fishing at the Rio Chama for trophy brown trout is only 30 minutes to the North. Also explore the nearby 775,000-acre Carson National Forest. Located 75 miles from Pagosa Springs, CO, and 80 miles from Santa Fe, the ranch is 90 minutes from Santa Fe Regional Airport and 144 miles from Albuquerque International Airport.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

6/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Basement

  • Area: 0

Features

  • Finished area above ground: 0

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 0

Property

Details

  • Lease amount: 0

Features

  • Has view: Yes
  • View description: Pond
  • Has water view: Yes
  • Water view: Pond
  • On waterfront: Yes
  • Waterfront features: Creek,Pond

Lot

  • Lot size: 1,154 Acres

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
  • Lightning
    LightningVery High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Drought
Landslide

FEMA Declared Disasters in Rio Arriba 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 $14,133$169,596
Home Insurance *$1,365$16,380
Property Taxes $512$6,144
Electricity $148$1,780
Total$16,158$193,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$553,988/yr
40% on housing$484,740/yr
45% on housing$430,880/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: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
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 87518$132
Rio Arriba County$694

vs Homes Sold Last Month

Median $/sqft

ZIP 87518
Rio Arriba County$200

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)

No zestimate history available

Price History

DateEventPrice
2026-01-09Listed for sale$2,850,000

For Sale by Agent

AgentKeith Stephens
BrokerageSt James Sporting Properties

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