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Listed price in listed location currency (USD).
$468,000

324

MLS® 202601837

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1200 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1952
Avg. Price Per Sqft $390
MLS® Number 202601837

Property Address: 34871 Us Hwy 285, Ojo Caliente, NM, 87549

Average square foot calculated using Size range provided by listing agent.

Description

Unique adobe compound in Ojo Caliente with an attached studio apartment and a second unfinished adobe home on .97 acre, just 4 miles south of Ojo Caliente Mineral Springs Resort & Spa. The main residence offers approximately 850 sq ft with living, dining, and kitchen, two bedrooms, and one bath. Originally built in 1952 and extensively renovated, the home features adobe walls, exposed beams, updated electrical, plumbing, and sewer, energy-efficient windows, laminate flooring, and a metal roof. The kitchen includes a Bosch refrigerator, electric range, vintage drainboard cast iron sink, and large island. Bathroom with walk-in shower, radiant heated floor, skylight, and front-loading washer/dryer. The attached studio apartment is approximately 350 sq ft with kitchenette, large bath, washer/dryer, mini-split, and a 200 sq ft deck. Currently operating as a successful Airbnb with strong income history and excellent reviews, offered fully furnished. Partial basement provides access to utilities. The unfinished adobe home is approximately 800 sq ft with three rooms, updated windows, doors, foundation, and electrical. Exposed vigas and high ceilings create a blank canvas for a guest house, studio, or additional rental. A separate finished and insulated studio space with power and passive solar adds further flexibility. The property fronts the historic Gavilan Ditch (established 1791) with approximately .75 acre/ft irrigation rights and includes two lateral ditches. Grounds feature mature trees, alfalfa field, fruit trees including cherry and apricot, perennial gardens, and farm beds. Additional features include a newly installed aerobic septic system sized for expansion, community water, Kit Carson Electric, propane, and fiber optic availability. Peaceful setting with distant hillside views.
MLS® Number202601837
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1952
BasementCrawl Space
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 4, 2026List Date
$468,000List Price

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