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247 NM-240
Taos, NM 87571
Taos Valley Ranch · Land For Sale · 190.50 AC

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INVESTMENT HIGHLIGHTS

  • Originally developed at a cost of $45M
  • Furniture & fixtures purchased for $2.7M
  • Property appraised at $21.1M
  • Property water rights appraised at $2.8M

EXECUTIVE SUMMARY

AUCTION SALE - BIDDING OPEN THROUGH JANUARY 25, 2024: Please note that the above price reflects the Minimum Bid for the property, which is being marketed for sale by private luxury auction. Submit bid at any time now through January 25. Seller reserves the right to accept or reject any/all bids. Please visit prusa.com for additional terms.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Horse Stables
  • Lodge or Meeting Hall
  • Single Family Development
  • Agricultural
  • Pasture Ranch
  • Single Family Residence
Total Lot Size 190.50 AC
Zoning R-A - In 2022, the property received approval for significant alterations and additions to the Main House, grounds, guest house, barn and other structures.

1 LOT AVAILABLE

Lot

Price $20,773,650 CAD
Price Per AC $109,048.03 CAD
Lot Size 190.50 AC

Property consists of 4 contiguous APNs: 1-071-147-453-413 (168 acres), 1-071-147-364-332 (10.3 acres), 1-071-147-302-392 (9.7 acres), 1-071-147-525-473 (2.5 acres).

DESCRIPTION

Located in legendary Taos, New Mexico, this eco-friendly ranch spans over 190 acres and features striking mountain views, gorgeous waters, and luscious foliage. Originally developed by a visionary and designed as an extraordinary sustainable retreat at a cost of $45,000,000, no expense has been spared throughout the property. This modern ranch nestled in the mountains features 15 buildings, comprising nearly 70,000 square feet, including the stunning main house, guest house, 6 barns, greenhouse, orchards and much more. This extraordinary property could be operated as a ranch or a magnificent family compound, or potentially serve multiple alternative uses, such as a corporate wellness retreat or conference or religious center. In 2022, the property received approval for several enhancements and upgrades that include renovations to the main house that would allow up to 50 guest beds as well as approval for significant alterations and additions to the grounds, guest house, barn and other structures. Additionally, there is potential to build up to 6 more single-family residences on the property. See Due Diligence Information for further details. Most of the original furnishings and fixtures, purchased at a cost of nearly $3,000,000 and procured and designed by David Naylor, an expert specializing in New Mexican historic revival and preservation, are included in the sale of the property. This 5-star property offers a lifestyle experience far beyond any typical retreat in a prime location with immediate access to a full range of world-class year-round cultural and outdoor pursuits. Taos Valley Ranch is ready for its new owner to shape its legacy. Listing broker: PRUSA LLC, Michael A. Fine, New Mexico Qualifying Broker (License #: 20259).

  • Listing ID: 30165535

  • Date on Market: 2023-11-26

  • Last Updated:

  • Address: 247 NM-240, Taos, NM 87571

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