997 New Mexico Highway 65, Montezuma, NM 87731
Local realty services provided by:ERA Summit
997 New Mexico Highway 65,Montezuma, NM 87731
$4,250,000
- 6 Beds
- 6 Baths
- 6,200 sq. ft.
- Single family
- Active
Listed by:ryan d. ferguson
Office:sotheby's int. re/washington
MLS#:202503538
Source:NM_SFAR
Price summary
- Price:$4,250,000
- Price per sq. ft.:$685.48
About this home
Rio de Vega – A Rare Legacy Estate on 74.54 Acres with River Frontage, Guesthouse & Barn
Welcome to Rio de Vega — a legacy estate that has been cherished for generations and affectionately known by the family as “The Playground.” This extraordinary 74.54-acre property is a sanctuary of beauty, creativity, and comfort just minutes from Las Vegas, NM, and the renowned United World College.
At the heart of the estate is a custom 4,200 sq. ft. main residence, originally a barn kit reimagined into a luxury home by renowned designer Pedro Marquez. Featuring pine siding, alder doors, and thoughtful architectural details, the home blends rustic character with refined finishes. Two refrigerators, a chest freezer, and a stand-up freezer are included, and a 1,000-gallon propane tank powers a Cummins generator for added peace of mind.
A separate 2,000 sq. ft. guesthouse offers additional comfort and privacy with its own 500-gallon propane tank and independent septic system. There’s even a third septic and 220 electric already in place, ready for an additional home to be built.
The 2,610 sq. ft. drive-through barn is a masterpiece in itself, constructed atop teak-floored storage containers and framed in canyon-harvested red fir. The property also includes a rebuilt, powered chicken house, multiple charming outbuildings, and three serene ponds—one spring-fed and another sealed with bentonite. Water is plentiful with the water table just 6 feet below ground and nearly half a mile of Gallinas River frontage enhanced by protective jersey barriers for added flood security.
Rio de Vega is fully equipped for modern living with high-speed internet (Starlink at the guesthouse and DesertGate at the main house), plumbed 4 feet deep throughout, and year-round access with roads plowed in the winter.
With abundant water rights, lush surroundings, and boundless potential for relaxation, recreation, or even expansion, this is more than just a property—it’s an opportunity to own a truly one-of-a-kind estate with deep roots and lasting possibilities.
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Home facts
- Year built:2007
- Listing Id #:202503538
- Added:13 day(s) ago
- Updated:August 15, 2025 at 09:05 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:4
- Half bathrooms:1
- Living area:6,200 sq. ft.
Heating and cooling
- Heating:Fireplaces, Propane, Radiant, Radiant Floor
Structure and exterior
- Roof:Built Up
- Year built:2007
- Building area:6,200 sq. ft.
- Lot area:74.54 Acres
Schools
- High school:Las Vegas
- Middle school:Las Vegas
- Elementary school:Las Vegas
Utilities
- Water:Private
- Sewer:Septic Tank
Finances and disclosures
- Price:$4,250,000
- Price per sq. ft.:$685.48
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