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3 Beds
4 Baths
1,991 sqft

$950,000

362 & 366 Howell Road, Estancia NM, 87016

Price per sqft$477.15
Built in2015
Property size1,991 sqft
Property typeResidential
Courtesy of LPT Realty

Overview

Active

Listed Sep 2, 2026

Updated 3 weeks ago

A rare New Mexico opportunity. two properties offered together totaling 20 acres, with valuable irrigation water rights, three wells, extensive ranch infrastructure, and a 2,334 sq. ft. purpose-built high tech agricultural growing facility at 362 & 366 Howell Road in Estancia. Zoned AP-5, this distinctive offering combines comfortable country living with exceptional agricultural versatility, ideal for those looking to ranch, farm, raise livestock, pursue specialty growing, or simply enjoy the freedom of wide-open space.A picturesque tree-lined drive leads to 362 Howell Road, situated on 5 acres and featuring a single-story 3-bedroom residence with a versatile flex room, 2 full baths and 1 half bath. Inside, you'll find a spacious floor plan with tile flooring, granite countertops, and easy access to outdoor living. Paid-off solar, natural gas, a dedicated backup generator, NuvoH2O water system, and a roof replaced in 2024 add efficiency, reliability, and peace of mind.The 5-acre residential property is already well equipped for country living with a hay barn, livestock stalls with water access, chicken coop, powered shed/shop, additional storage areas, and one of the property's three wells. A fully insulated detached garage/workshop with an additional half bath provides even more flexibility for equipment, projects, storage, or entertaining. Relax on the expansive granite-finished patio and take in the peaceful surroundings and wide-open New Mexico skies.366 Howell Road comprises the remaining acreage and expands the property's agricultural potential with two additional wells, irrigation and supplemental, and an approximately 2,334 sq. ft. purpose-built growing facility. Designed to support controlled agricultural production, the facility features LED grow lighting, state of the art wifi controlled mini split system, humidifiers, an electric water heater, dedicated water pump, electrical infrastructure designed to support single-phase to three-phase power conversion, and its own dedicated backup generator for added operational reliability. Combined with the property's water resources and supporting infrastructure, the facility offers a substantial foundation for a variety of agricultural growing applications.Perhaps the most significant asset of this combined offering is its water. The property includes approximately 17.7 acres of irrigation water rights with 44.25 acre-feet of diversion, supported by three wells across the two properties, providing valuable resources for residential, livestock, land, and agricultural uses.Two properties totaling 20 combined acres. 17.7 acres of irrigation water rights. 44.25 acre-feet of diversion. Three wells. A 2,334 sq. ft. growing facility. Dedicated backup power for both the residence and growing facility. Paid-off solar. Established ranch infrastructure. 362 & 366 Howell Road offer more than a home with acreage, they offer the land, water, infrastructure, and flexibility to bring your vision of New Mexico country living to life. A True turnkey residential, farm, and production facility. Come experience the possibilities.

$6,320/mo

Est. mortgage payment based on a $950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1110289

Interior Features

Bedrooms
3
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
20.03 Acres

Other Property Details

Taxes
$3,085
Tax Frequency
Annually
Garage
Yes
View
Yes
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The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor R1 Companies shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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