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$400,000
20263402 MLS
Attention INVESTORS and DEVELOPERS! This expansive acreage within the city limits presents a wealth of development opportunities. Potential projects include a 100+ unit apartment complex, multiple duplexes, a hotel, a solar park, a mobile park, a business park, and many more. This prime location, with utilities nearby and ongoing residential development opposite, offers significant potential. Let's collaborate to explore and realize the full possibilities of this opportunity. Contact Dan at 575-840-8630 to find out more.

100 Jaffa St, Roswell
$400,000
20256415 MLS
Ready to build your dream home, start your own ranch, or need open pasture land? Heres 200 acres of endless possibilities!

7986 Clovis Hwy, Roswell
$399,900
3 Beds ⋅ 3 Baths ⋅ 20263499 MLS
3 bedroom 3 bath home on 6.5 acres

10501 W World Dr, Hobbs
$399,900
4 Beds ⋅ 3 Baths ⋅ 26000235 MLS
Experience the best of country living on just over 15 acres, where wide-open Eastern New Mexico skies, privacy, and modern amenities come together just minutes from town. Horses are welcome, and with ample RV parking, there's plenty of room for all your vehicles, equipment, and outdoor toys. Inside, you'll find a bright, open-concept floor plan highlighted by vaulted ceilings that seamlessly connect the living, dining, and kitchen areas. The thoughtfully designed kitchen features abundant cabinetry, stainless steel appliances, a pantry, breakfast bar, and a dedicated coffee bar, making it ideal for everyday living and entertaining. New luxury blinds throughout the home add both style and functionality. The spacious primary suite offers a large en suite bathroom and an impressive walk-in closet. A secondary bedroom also features its own private full bath, providing an ideal setup for guests or multigenerational living. All four bedrooms are generously sized and include walk-in closets. Additional interior features include an oversized laundry room, a versatile bonus room perfect for a home office, hobby space, or extra storage, and a whole-home water filtration system for added convenience. The oversized attached garage features a 10' x 17' garage door, providing excellent clearance for larger vehicles and equipment. Recent owner improvements include two newly planted cherry trees, a new dishwasher, and a covered carport addition alongside the garage. If you've been searching for a property that offers space to spread out, modern comforts, room for horses, RV parking, and the peace of country living without giving up the conveniences of town, this exceptional property is ready to welcome you home. Call today to schedule your private showing!

1486 S Roosevelt Rd, Portales
$399,900
20264060 MLS
Welcome to Escondido Ranch- an extraordinary 101-acre mountain parcel in the peaceful community of Serafina, New Mexico. No HOA. The property offers a rare opportunity to own a large stretch of untouched land with multiple potential building sites, sweeping views, and the timeless character of Northern New Mexico's high country. A long roadbed provides smooth access into the acreage, guiding you through stands of mature pines and pinons and setting the tone for the peaceful retreat that awaits. Portions of the entry feature partial rustic fencing, blending naturally with the forested surroundings while adding subtle structure and charm. Throughout the land, you'll find areas of dense forest where tall pines and pinons grow closely together, creating shaded corridors and pockets of deep, quiet seclusion. These wooded sections offer natural privacy and a calming atmosphere, perfect for those seeking a serene mountain escape. The terrain opens in several locations, revealing multiple potential homesites, each with its own unique character and view and access to overhead power access. Higher elevations capture distant mountain ranges and dramatic mesa views, while lower clearings overlook peaceful valleys nestled among the surrounding mountains. Whether you prefer wide-open panoramas, intimate forest settings, or a blend of both, the property provides a variety of beautiful vantage points to imagine your future home. Natural features add depth and interest across the acreage. A gently winding riverbed cuts through portions of the land, its weathered stones and sandy stretches shaped by years of seasonal flow. Scattered rock formations rise from the forest floor, adding rugged texture and a sense of timeless geology. The landscape carries a quiet history of prior inhabitants, reflected in natural pathways, sheltered meadows, and the subtle story of those who once moved through these mountains. Every corner of this property offers something special-views from multiple locations, peaceful forest air, hidden meadows, and the unmistakable stillness that defines true mountain living. It's a place where privacy, beauty, and tranquility come together, creating a sanctuary that feels both expansive and intimate. With its diverse terrain, natural features, and exceptional seclusion, this 101-acre parcel in Serafina is a rare opportunity to own a significant piece of New Mexico's mountain landscape-ready to explore, develop, or simply enjoy.

W Sena Ranch Rd, Serafina
$399,639
201156 MLS
Excellent location for professional and/or medical offices, 1 block from Eastern NM Medical Center. This building could be re-modeled for other than medical office uses.

303 W Country Club Ave, Roswell
$399,000
3 Beds ⋅ 2 Baths ⋅ 26000764 MLS

36 La Tinaja Trl, Pinehill
$399,000
3 Beds ⋅ 2 Baths ⋅ 26000332 MLS
Well established home near the fair grounds. Home is 3 bedrooms, 2 bathrooms with a den and sitting on 4 lots. Spacious outdoors with a 2 car garage, and a shop to work from. Property is fenced in and lots total .79 of an acre. Home has water well, septic, electric, and propane.

909 E Ave, Lovington
$399,000
26000179 MLS
This expansive 315-acre property in Pep NM offers endless opportunity, made up of tracts 4-11, which can be divided and sold or leased separately, allowing for flexible development or investment opportunities. This land offers wide-open spaces and is easily accessed by well-maintained roads, offering a peaceful rural setting with plenty of privacy. Whether you're looking to invest in a sustainable energy project, expand your agriculture holdings, or simply own a vast tract of land in a serene location, this property offers the perfect canvas for your vision. Please call listing broker for more information

5950 206th Hwy, Pep
$399,000
3 Beds ⋅ 2 Baths ⋅ 20262548 MLS
This home stands out for its space, layout, and exceptional storage. It offers three bedrooms, two bathrooms, and a dedicated office. The living room is large and features a fireplace, with the kitchen and eating area open to the space for a connected, functional layout. The office is located just off the eating area. The kitchen is spacious with a generous amount of cabinetry. Storage is a key feature throughout the home, with cabinets in the hallway, large closets, built-ins in the living area, and additional storage in the bathrooms. In addition to the two-car garage, there is a separate third garage that can be used for extra storage, a workspace, or additional vehicle parking. The landscaping is mature and well-maintained, and the patio overlooks the golf course, offering a quiet outdoor setting. This is a quality-built home that has been well cared for over time.

1725 St Andrews Dr, Clovis
$399,000
20263408 MLS
C. Earl Greer and Plaza Realty offer this Prime Commercial Opportunity on a High-Traffic Corridor! Position your business for success with this versatile commercial property offering outstanding visibility, easy access, and excellent exposure along a major thoroughfare. Remodeled in 2014, the building is well-suited for a wide range of business ventures, including retail showroom space, manufacturing, office operations, storage, a convenience store, and much more. The flexible layout allows endless possibilities to accommodate your business needs, whether you're expanding, relocating, or launching a new enterprise. With all city utilities in place, including natural gas service, the property is ready for immediate use. Don't miss this exceptional opportunity to own a highly visible commercial property in a convenient location with unlimited potential! Schedule your showing today. Call 575-744-5140!

220 E Third St, Truth Or Consequences
$399,000
2 Beds ⋅ 2 Baths ⋅ 20262733 MLS
Modern Southwest Sanctuary in the Heart of Hondo Valley! Skip the maintenance of an older homestead and step into this stunning custom residence. Situated on a private 1.02-acre lot, this Southwest Territorial-style home perfectly blends modern efficiency with regional charm. The main level features a bright, open floor plan with 3 spacious bedrooms and 2 full baths. High-end finishes abound, including a brand-new HVAC system (2024), a newer well pump (2025), and a septic system installed in 2023. Enjoy cozy evenings by the fireplaces or take in the panoramic mountain views from the expansive covered portals. Bonus Potential: The property includes a detached exterior buildingideal for a studio, workshop, or conversion into a mother-in-law suite. An additional basement area offers incredible potential for a 3rd bedroom or a hobby space. All appliances convey, making this a truly turn-key opportunity. Located at Mile Marker 292, you are perfectly positioned between the amenities of Ruidoso and Roswell. USDA Eligible!

29224 Us Highway 70, Picacho
$399,000
20262382 MLS
Excellent investment opportunity on a high-visibility main thoroughfare. This 6,555 SF commercial office building is currently leased, offering immediate income potential. The property features a functional layout including a reception area, multiple private offices, and several exam roomswell-suited for medical or professional use. Additional highlights include a large boardroom and an expansive storage area. Positioned in a strong location with steady tenant use, this asset presents a compelling opportunity for investors seeking stable returns.

1200 S Richardson Ave, Roswell
$399,000
3 Beds ⋅ 2 Baths ⋅ 20261728 MLS
THEIR CHANGE OF PLANS IS YOUR GOLDEN OPPORTUNITY! Life Happens!! The sellers recently purchased this home and poured their hearts (and budgets) into beautiful updates, but an unexpected situation means they have to move. Their loss is truly your gain. Enjoy a freshly updated home with new HVAC system, and mini split, new master bath vanity, new insulation in the 24 X 40 RV garage, (R50 in ceiling, R21 in walls) a new 10 X 18 door, plus a 6" thick concrete pad with a 24 x 24 awning in front of the RV garage that wasn't there just a few months ago! Not to mention the new flooring and paint that had recently updated before they bought the home. A gorgeous 3BR, 2BA home with an attached 4 car garage, an incredible outdoor evening dining area between the home and RV garage, a nice back porch for morning coffee. All on a 1/2 ac corner lot at the lake. Skip the renovation headache and move straight into a home that's been polished to perfection. Recent inspection reports may be available for a quicker close. Call for an appointment to view this gem! Call Cathy at 575-740-0003 or Jason at 575-740-0341

101 Mimbres Dr, Elephant Butte
$399,000
3 Beds ⋅ 2 Baths ⋅ 20263836 MLS
Discover the freedom and possibilities this unique 37-acre property on Animas Creek Road has to offer! This 3-bedroom, 2-bath manufactured home is perfectly situated to enjoy peaceful country living with direct access to Animas Creek right from your property. Surrounded by wide open space and natural beauty, this property offers endless opportunities for recreation, gardening, hobby farming, or simply enjoying the privacy of rural living. Outside, you'll find a charming covered porch perfect for relaxing and taking in the serene surroundings, a private drive entrance offering seclusion, and a convenient 2-car carport for covered parking. The property is full of character with over 20 mature mulberry trees providing shade and seasonal harvest. Additional features include a fenced backyard garden ready for your green thumb, a cozy she shed with its own fenced yard ideal for hobbies or workspace, and a unique adobe structure currently used for storage that adds both function and rustic charm. Whether you're looking for a peaceful homestead, a recreational retreat, or a property with room to grow, this one-of-a-kind acreage is ready to make your vision a reality.

327 Animas Creek Rd, Caballo
$398,800
3 Beds ⋅ 2 Baths ⋅ 26000802 MLS
WATERFRONT RIVER HIDEAWAY! A dreamy cabin on the Rio Ruidoso River! Updated kitchen and dining room. Cozy living room with fireplace. Sit on the deck and enjoy the river and mountain views. Easy access year-round. This updated 3 bedroom and 2 bath cabin sits high above the Rio Ruidoso River. The terraced deck provides space for happy hours, BBQ's and peaceful moments drinking coffee. You can enjoy the firepit on the lower deck or you can sit creek-side on the small stone patio. The cabin comes fully furnished with a bear and elk themed items throughout. There is no lawn to maintain even though the area is green and lush. Included are a stacker washer & dryer, natural gas stove, and refrigerator with an icemaker. New paint and window treatments on the interior. A new furnace and central air system was installed in 2020 and a new roof was installed in August, 2026. The carport contains a good-sized work shed. Come take a look. River properties can be very hard to find!

176 Meander Dr, Ruidoso
$398,000
26000963 MLS
Prime Industrial & Commercial Facility Position your business for success at 821 W. Marland St, a versatile commercial facility located in South Hobbs, NM. Situated on a generous 0.55-acre lot, this property is ideal for oilfield services, trade contractors, light manufacturing, auto repair, or general distribution. Conveniently positioned along W. Marland St with quick, easy access to major transportation corridors across Lea County. Whether you are looking to expand, establish a regional yard, or add a income-producing commercial asset to your portfolio, this property offers the structure and security your operations require.

821 W Marland W, Hobbs
$398,000
4 Beds ⋅ 3 Baths ⋅ 20263466 MLS
Call for your appointment today to see this beautifully updated country retreat situated on approximately 11 acres of private land with breathtaking views in every direction. This versatile home offers 3 bedrooms with a potential 4th bedroom, office, or guest suite, providing flexibility to fit your lifestyle. Step inside to an inviting open-concept floor plan featuring spacious living areas, radiant floor heating, a charming brick wood-burning fireplace, and a large bay window that perfectly frames the stunning surrounding landscape. The custom kitchen is designed for both everyday living and entertaining, offering abundant cabinetry, generous countertop space, and a large center island ideal for gatherings. The oversized primary suite is a true retreat, complete with an adjoining space perfect for a home office, sitting room, or expanded suite area. You'll also appreciate the two large walk-in closets and private full bathroom. Two additional bedrooms and an upgraded full hallway bathroom provide comfortable accommodations for family and guests. A separate area of the home has been thoughtfully configured as a potential fourth bedroom, guest quarters, or private office, featuring its own bathroom and separate entrance for added privacy and convenience. Outside, enjoy the peace and privacy of your expansive acreage, along with several valuable outbuildings, including a 576-square-foot workshop with electricity, a well-insulated 120-square-foot storage shed, and an oversized 540-square-foot one-car garage. The home's systems and finishes have been extensively updated, with appliances, mechanical systems, and interior upgrades completed in 2018. The hybrid 20-gallon water heater provides both on-demand and tank hot water service while also supplying hot water for the radiant floor heating system. If you're looking for privacy, space, incredible views, and modern comforts just minutes from town, this exceptional property is a must-see.

19 Water Tank A, Milan
$398,000
20261278 MLS
Prime Opportunity With This Versatile Commercial Property Located In A High-Traffic, High-Visibility Area. Positioned In A Strategic Location With Excellent Exposure, This Property Offers Incredible Potential For A Variety Of Business Uses Including Retail, Office, Service-Based Businesses, Or Investment Opportunities.

523 W Sanger St, Hobbs
$397,900
3 Beds ⋅ 3 Baths ⋅ 20263274 MLS
This well-appointed home offers an impressive combination of living space, storage, and functionality that is rarely found at this price point. Inside, you'll find a formal dining room, a cozy breakfast nook, a dedicated family room, and a bright sunroom giving every member of the household a space to call their own. All three bedrooms are generously sized, with the master suite offering the extra room and privacy you'd expect. A large bonus room provides flexible space for a home office, playroom, media room, or guest suite however your lifestyle demands. Outside, the covered patio is ideal for entertaining, and the workshop is a standout feature for hobbyists, tradespeople, or serious DIYers. The property includes a 2-car attached garage, a spacious circle drive for easy access, and a separate side driveway leading to a detached garage outstanding vehicle and storage capacity for the area. If square footage, versatility, and practical storage matter to you, this home delivers across every category. Call United Realty at 575-392-3000 to schedule an appointment today.

700 E Baja Dr, Hobbs
$397,350
4 Beds ⋅ 3 Baths ⋅ 20264020 MLS
New Construction featuring a Jack & Jill Bath between two bedrooms, Large Primary suite with luxurious bathroom, Large walk in Pantry, oversized laundry room

313 W Minnesota St, Jal
$397,000
4 Beds ⋅ 2 Baths ⋅ 20263028 MLS
Welcome to this beautifully remodeled custom-built mountain retreat, where true pride of ownership shines throughout. This stunning tri-level home offers 4 bedrooms, 2 full bathrooms, incredible privacy, spacious living areas, and breathtaking views just 7 miles from town via the scenic drive through Lobo Canyon. Thoughtfully upgraded from top to bottom, the home features an open-concept layout filled with natural light. The remodeled kitchen has been opened up to create seamless flow throughout the main living spaces and includes new countertops, cooktop, dishwasher, sink, garbage disposal, updated lighting, and GFI outlets in all wet areasperfect for entertaining or everyday living with plenty of room for multiple cooks. The spacious living room has been beautifully remodeled and features a cozy fireplace, creating a warm and inviting atmosphere for relaxing or gathering with family and friends. Additional upgrades throughout the home include fresh interior paint, brand-new flooring throughout the entire house, updated plumbing in several areas, a new water heater, and new electric hardwired heaters installed in every room. The home also features new light fixtures, custom blinds, and ceiling fans throughout most rooms. Other highlights include: Renovated laundry room with propane-converted washer and dryer included Updated upstairs floor plan with a fresh modern feel Upstairs bathroom with new fixtures Re-decked upstairs balcony/patio access Functional crawlspace with access to a large storage area Heated garage Relabeled electrical panel RV parking setup with two holding tanks Surrounded by mountain beauty and peaceful scenery, this move-in-ready home offers comfort, functionality, and charm in every detail. With ample parking, generous storage, and countless upgrades, this is a rare opportunity to own a truly special property. Schedule your private showing todayyoull fall in love the moment you arrive.

49 Lobo Crk, Grants
$395,000
4 Beds ⋅ 2 Baths ⋅ 26001135 MLS
Welcome home to 614 W Aspen Ave in Lovington! This move-in ready single-story home features soaring tray ceilings, a cozy corner fireplace, and a chef's kitchen with granite countertops and stainless steel appliances. This home has many contemporary finishes. Step outside into your private backyard oasis complete with a fully fenced yard, an in-ground pool, and a relaxing hot tub perfect for entertaining or unwinding. Complete with central AC and a two-car garage, this turnkey gem is a must-see!

614 W Aspen Ave, Lovington
$395,000
4 Beds ⋅ 3 Baths ⋅ 26000916 MLS
Welcome to this large home with a great size lot. The downstairs has vaulted ceilings with so much character to add to your living room. The kitchen has plenty of cabinet and counter space with an open flow to the dining area. With views from every direction. Go upstairs for the full beauty. The master bedroom and all the bedrooms are so roomy. Enjoy the night skies and sunsets on the exterior deck. Call to see TODAY!

512 Leach, Grants
$395,000
6 Beds ⋅ 3 Baths ⋅ 20263449 MLS
An Investment Property with the best of two worlds, primary residence and income to pay for it. This special property has 3- One bedroom, 1 bath rental units in addition to the historical two story Colonial Revival style home. Step right in to a stunning alcove featuring a lovely orate staircase. The main level of this home offers a spacious living room with fireplace formal dining room, large eat-in kitchen, small bedroom, laundry room, and a 1/2 bath. Upstairs is the main bedroom with a huge ensuite bath, plus 4 more bedrooms and bathroom. Outside is an attached garage, covered deck, workshop/storage, open patio, all on the 50' x 142.5' fenced lot. This interesting property is located in the heart of the Las Vegas, NM community. Just can't go wrong with comfortable spacious living in the 2 story home and an income producing property located close to the university, Carnegie Public Library, and shopping. Call for a showing!

924 Seventh St, Las Vegas
$395,000
6 Beds ⋅ 3 Baths ⋅ 20263447 MLS
Investment Property with primary residence, mother-in-law's quarters, & income to pay for it. This property has 3- 1 bedroom, 1 bath rental units in addition to the historical two story Colonial Revival style home. Enter into a stunning alcove featuring a lovely orate staircase. The main level of this home offers a spacious living room with fireplace formal dining room, large eat-in kitchen, small bedroom, laundry room, and a 1/2 bath. Upstairs is the main bedroom with a huge ensuite bath, plus 4 more bedrooms and bathroom. Outside is an attached garage, covered deck, workshop/storage, open patio, all on the 50' x 142.5' fenced lot. This property is located in the heart of the Las Vegas, NM community. Just can't go wrong with comfortable spacious living in the 2 story home & income producing property located close to everything. Call for a showing!

924 Seventh St, Las Vegas
$395,000
2 Beds ⋅ 4 Baths ⋅ 20263305 MLS
Opportunity truly abounds on this spacious 0.55-acre parcel in the historic Village of Magdalena, where character, history, and potential come together in one compelling package. The large commercial building offers an impressive footprint with a garage equipped with a lift, dedicated office space, a comfortable living area, overhead storage, and a generous retail section, all accented by original hardwood floors and beautiful tongue-and-groove wood paneling that speak to its past. One portion of the retail area will require significant repair due to a roof leak, but for the visionary buyer, its a blank canvas ready to be reimagined. This building has lived many lives, once a grocery store, a mechanics shop, and even a barbershop, adding to its charm and story. Complementing the commercial space is a cozy 1,000 sq ft adobe home featuring classic thick adobe walls that naturally regulate temperature year-round. The warm, spacious kitchen flows into a bright living and dining area, creating an inviting atmosphere throughout. Out back, the fully fenced yard frames stunning views of the Magdalena Mountains and includes its own garage. With Village water and sewer already connected, easy access, and endless possibilities for business, living, or both, this is a rare chance to bring new life to a property with deep roots and remarkable potential.

1003 W 1st St, Magdalena
$395,000
3 Beds ⋅ 2 Baths ⋅ 20262552 MLS
For the buyer seeking space, privacy, and the opportunity to create something special, this 27+ acre Northern New Mexico homestead deserves serious consideration. With a rare mix of existing infrastructure, usable acreage, and natural beauty, it's well-suited for homesteading, livestock, recreation, or peaceful rural living. The property includes a 3-bedroom, 2-bath manufactured home ready for your updates and vision. Recent improvements include a new well pump and an updated septic system. Natural water flow has been improved through erosion control and engineered drainage that feeds a small seasonal pond. Lovingly used as a small livestock farm, the land features pens for pigs, goats, and chickens, plus corrals that can accommodate horses. A fenced pasture supports rotational grazing, though electric fencing may require regular maintenance. Near the home, you'll find a mature grapevine and a young orchard with apple and pear trees-great start for food production, with plenty of room to expand gardens. A large workshop/garage offers excellent storage for vehicles, tools, and ATVs, and includes an electric RV hookup. The acreage rises into a well-maintained pion forest that has been selectively thinned to support grazing and usable timber. While steep in places, the land is accessible from the northern boundary, where a natural shelf may offer a wooded build site. Bordering National Forest and located near Bull Creek, this property is about 50 minutes from Santa Fe via well-maintained roads.

53 County Road B44c, Pecos
$395,000
4 Beds ⋅ 2 Baths ⋅ 20256977 MLS
Welcome to your dream home in the heart of Hobbs, NM! This stunning 4-bedroom residence combines modern convenience with classic charm. Step into an inviting eat-in kitchen, fully equipped with premium Bosch stainless steel appliances that make cooking a delight. The spacious living room features an elegant accent wall, creating a perfect setting for hosting gatherings or enjoying cozy family evenings. Venture outside to discover your own personal oasisa covered patio ideal for morning coffee or evening relaxation in any weather. Whether it's entertaining friends or spending peaceful downtime with loved ones, this space is designed to enhance your lifestyle. Call us today to schedule a private home tour. Listing Broker Martha Thomas 575-390-8104

5017 W Hardtack, Hobbs
$395,000
5 Beds ⋅ 4 Baths ⋅ 20256592 MLS
On a spacious corner lot near the heart of Raton stands a Victorian beauty that has watched generations come and go and is ready to welcome its next chapter. From the moment you step inside, the grand, stately staircase seems to greet you with a quiet promise of stories yet to be written. This 5-bedroom, 3.5-bath masterpiece unfolds gracefully, room by room. The bright sunroom off the kitchen invites slow mornings with coffee and mountain light pouring through its windows. A large formal dining room sets the stage for unforgettable gatherings, while the formal family room anchored by a wood-burning fireplace offers warmth on cozy evenings. Upstairs, spacious bedrooms and private baths create a peaceful retreat, and an art or craft room stands ready for inspiration. Even the attic whispers possibility, offering bonus space for storage or imagination. But the charm doesnt end with the main home. Attached are two studio apartments, and a detached studio completes the trio ideal for rental income, creative pursuits, or even the beginnings of a future bed-and-breakfast. A small, private patio between the apartments forms a quiet pocket perfect for outdoor gatherings. This home is more than a property its an opportunity for the creative soul, the visionary investor, or the dreamer who sees the beauty in history and the potential in every corner.

301 S 4th St, Raton