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Highway 24, Weed, NM, 88354

5beds
3baths
1,200sqft
$2,200,000
$1,833price/sqft
$12,538/moest. monthly cost
$501,520/yrincome needed

About This Home

Located near Weed, New Mexico, this 109A± acre mountain ranch offers an uncommon combination of horse facilities, comfortable improvements, and direct access to the Lincoln National Forest. The combination of rolling hills, scattered timber, open meadows, and the adjoining Lincoln National Forest gives the ranch a sense of scale that extends well beyond its 109 acres. The ranch is improved with two homes. The primary residence has been extensively updated, providing modern comfort while overlooking portions of the ranch headquarters and surrounding landscape. The original ranch home has also been well maintained, with replacement windows enhancing energy efficiency while preserving its character. Together, the residences offer flexibility for extended family, guests, ranch employees, or rental use. Supporting improvements include barns, loafing sheds, corrals, working pens, equipment storage, and other infrastructure suited for horses and livestock. The layout is functional and well established, making the property equally suited for a working horse operation, weekend retreat, or full-time mountain residence. Brokers Note: This listing has a private grazing lease in place and a rental lease on the secondary residence. A seasonal stream crosses portions of the ranch, adding diversity to the landscape and attracting wildlife throughout the year. The property also includes approximately 3.5 acres of adjudicated surface water rights. One of the ranch's defining features is its direct boundary with the Lincoln National Forest. The adjoining public land provides immediate access to thousands of acres for horseback riding, hiking, hunting, and other outdoor recreation while allowing wildlife to move freely between the forest and the ranch. Located in New Mexico Game Management Unit 34, the property supports excellent habitat for elk, mule deer, turkey, black bear, and numerous other native species. Whether your interests include hunting, horseback riding, or simply enjoying the quiet mountain setting, the ranch offers year-round recreational opportunities in the Sacramento Mountains. The combination of comfortable improvements, productive livestock facilities, National Forest frontage, and the cool mountain climate makes this a property well suited for a variety of uses. Whether as a permanent residence, horse ranch, or seasonal retreat, it offers a setting that is increasingly difficult to find in southern New Mexico.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
5/10
Cloudcroft Middle SchoolGrades 6-816.9 mi
6/10
Cloudcroft High SchoolGrades 9-1217.1 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Property

Lot

  • Lot size: 109 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

  • Lightning
    LightningVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Wildfire
Winter Weather
Drought
Inland Flooding
Cold Wave
Hail
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters in Otero 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 $11,124$133,488
Home Insurance *$240$2,880
Property Taxes $1,026$12,312
Electricity $148$1,780
Total$12,538$150,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$429,874/yr
40% on housing$376,140/yr
45% on housing$334,346/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: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,833This listing

vs Other Active Listings

Avg $/sqft

ZIP 88354$1,414
Otero County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 88354$586
Otero County$165

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
2026-07-07Listed for sale$2,200,000

For Sale by Agent

AgentColin McVaugh, ARA
BrokerageBeaverhead Ranch Group

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