771 Camino Real, Santa Teresa, NM 88008

Santa Teresa
Local realty services provided by:ERA Sellers & Buyers Real Estate
771 Camino Real,Santa Teresa, NM 88008
$3,400,000
  • 3 Beds
  • 3 Baths
  • 6,035 sq. ft.
  • Single family
  • Active
Listed by: erin s. salsbury
Office: new mexico skye realty
MLS#:2601731
Source:NM_LCAR

Price summary

  • Price:$3,400,000
  • Price per sq. ft.:$563.38

About this home

This exclusive desert oasis offers an unique opportunity to create a curated private compound within one of the region's most prestigious communities. Nestled just a short stroll from the elite El Paso Country Club, this property sits among multi-million-dollar estates and is a comfortable walk to a billionaire's private compound, providing unmatched potential for a lifestyle of distinction. Prospective developers will benefit from the site's favorable T3 zoning and possible inclusion in an Opportunity Zone, while New Mexico's permissive environment towards the marijuana industry provides significant flexibility for future land use. As an occupied residence, the property requires strict respect for the owner's privacy, meaning no home showings are available. This rare parcel, which conveys select water rights, represents an exceptional canvas for luxury development.

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Home facts

  • Year built:1970
  • Subdivision & Development:Los Ranchos Del Rio
  • Listing ID #:2601731
  • Added:120 day(s) ago
  • Updated:September 30, 2026 at 04:10 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Basement:Yes
  • Living area:6,035 sq. ft.

Heating and cooling

  • Heating:Propane

Structure and exterior

  • Roof:Flat
  • Year built:1970
  • Building area:6,035 sq. ft.
  • Lot area:2.02 Acres
  • Architectural Style:See Public Info
  • Construction Materials:Wood Siding
  • Levels:1 Story

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,400,000
  • Price per sq. ft.:$563.38

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