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Mark Rickert

mark@rickertpg.com +1(505) 600-3956

$ 468,000

Est. payment | -/mo

3 Beds

2 Baths

1,200 SqFt

Save

$ 468,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,200 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $390

MLS Listing ID 202601837

Style Bungalow

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1952

Lot Size 0.970 Acres

Acres 0.97

Property Sub-Type Single Family Residence

Property 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.

Location

State NM

County Rio Arriba

Rooms

Basement Crawl Space

Interior

Interior Features Beamed Ceilings, Interior Steps

Heating Ductless, Electric, Wood Stove

Cooling None

Flooring Brick, Flagstone, Tile, Wood

Fireplaces Number 1

Fireplaces Type Wood Burning Stove

Fireplace Yes

Appliance Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Oven, Range, Refrigerator, Washer

Exterior

Pool None

Utilities Available Electricity Available

Water Access Desc Community/Coop

Roof Type Metal

Accessibility Not ADA Compliant

Total Parking Spaces 4

Private Pool No

Building

Entry Level One

Foundation Slab

Sewer Septic Tank

Water Community/Coop

Architectural Style Bungalow

Level or Stories One

Additional Building Guest House Attached, Studio Attached

Schools

Elementary Schools Mesa Vista

Middle Schools Mesa Vista Jr High

High Schools Mesa Vista High

Others

Tax ID 1048137192295

Acceptable Financing Cash, Conventional, 1031 Exchange, New Loan

Listing Terms Cash, Conventional, 1031 Exchange, New Loan

Special Listing Condition Standard

Listed by Rachele M. Griego • Sotheby's Int. RE/Grant

Nearby Locations

"My job is to provide you with concierge level service and to provide you with incredible service with exceptional results!"

+1(505) 600-3956

mark@rickertpg.com

150 Washington Ave, Santa Fe, NM, 87501, USA

34871 US HWY 285 Ojo Caliente, NM 87549