Skip to main content
Back to Search Results
|

64 Private Drive 1038A, Velarde, NM 87582

Show All 50 Photos
For Sale

$1,499,000

4 beds • 2 baths • 1 half baths • 2,000 sqft

Estimated Payment

$ 7,786 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Farm/Ranch
    Property type

  • $749.50
    Price per square foot

Explore this Property

Sitting on a quiet, private piece of land (+- 7.5 acres) at the end of Private Drive 1038A in Velarde, New Mexico, sits this approximate 2000 square foot manufactured home along with a hydroponic farm. Bordered by the Rio Grande River with approximately 250 feet of riverfront property, this hydroponic farm has consistently produced tomatoes, cucumbers, basil, and lettuce. It has provided employment and has been a huge success in the community. It currently grows in a soilless culture in Bato buckets and is easily adapted to soil, if desired. There are three greenhouses, totaling approximately 16,000 square feet of grow area. The environment and irrigation of the greenhouses is fully automated. The property contains a fully insulated, temperature-controlled warehouse/garage that houses water supply, filtration and distribution systems. Extras on this property include a Kohler 125Kw fully automated emergency backup generator. 5100-gallon water emergency storage tank. Over 1200 sq ft of dry storage. Wadsworth seed environmental controls with remote control and monitoring. Property has been used for vegetables, herbs, flowers and cannabis. Water rights in the amount of 3.97-acre feet annually. Come sit out along the Rio Grande and make this your perfect investment property, gentlemen's/gentlewomen's farm, horse property, and so much more.
MLS# 202403646

Courtesy Of Realty One Enchanted Circle

(505) 883-9400

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    7.5 Acres

Map and Directions

Directions to 64 Private Drive 1038A, Velarde, NM 87582

Home seller CENTURY 21 Dunagan Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Dunagan Associates

Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $7,786
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $7,786

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Alcalde Elementary School

Grades PK-6 Public School

Espanola, NM 87532 2.7 miles
Hwy 389 and county rd 41

175 total students
14:1 Student teacher ratio

School Rating: D+

School Details

Carlos F. Vigil Middle School

Grades 7-8 Public School

Espanola, NM 87532 9.7 miles
1260 johnie roybal ind prk rd

474 total students
13:1 Student teacher ratio

School Rating: D+

School Details

Espanola Valley High School

Grades 9-12 Public School

Espanola, NM 87532 8.7 miles
1111 el llano rd

844 total students
19:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Velarde Elementary School 2.4 miles Public KG-6

Velarde Elementary School

Distance: 2.4 miles

Type Public

Grades: KG-6

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Velarde, NM 87582

Tour the area

Schedule a
tour with a
personal guide

Velarde, NM 87582

This community’s employment is highest in the sales and construction industries. The area’s overall household expenses are above the national average.

83° July
Hottest Average Month
18° January
Coldest Average Month
82 Total Households in Area
-3.1% Increase in population since the year 2010
20%
of households
have children
35 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Velarde, NM 87582

Velarde, NM 87582 has a population of 195 people in 82 households with a median age of 51.8 years old.

-3.1%
Decrease in population
since the year 2010
Population is Trending down
82
Total households as of 2010
3.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 51.8 years old. The smallest percentage group is 55-64 years and the largest percentage is the 35-44 years age range.

Community Population By Ethnicity

Hispanic 75%
White 42%
Other 25%
Native American 2%
Asian <1%
Black <1%
The most prevalent ethnicity is Hispanic at 75%, followed by White at 42%, Other at 25%, and Native American at 2%.

Economics
for Velarde, NM 87582

23 /sq mi
Population Density
$51,912 /yr
Median Household Income
$473,437
Median Sales Price
35 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 26.9% of the households.

Transportation to Work

  • Drive 87%
  • Work from Home 9%
  • Public Transit 2%
  • Walk or Bike 0%

Occupancy by Type

Owned 75 79%
Vacant 13 14%
Rented 7 7%

White vs Blue Collar Jobs







White Collar 58%
Blue Collar 42%

Family & Education Facts
for Velarde, NM 87582

51.8 Median Age

Average Household Size

2.4
persons per
household

47.9%

Married Households

Community Population By Education

High School Graduate 42%
Some College 21%
Graduate Degree 15%
Some High School 11%
Bachelors Degree 8%
Associates Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 42.13% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
20% of households have children

Weather
for Velarde, NM 87582

The weather for this area ranges from a high of 83° F in July to a low of 18° F in January

83° July
Hottest Average Month
18° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
18°
43°
Feb
22°
46°
Mar
26°
52°
Apr
33°
62°
May
41°
71°
Jun
49°
80°
Jul
54°
83°
Aug
53°
81°
Sep
47°
75°
Oct
37°
65°
Nov
27°
52°
Dec
20°
44°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Tour the area

Schedule a
tour with a
personal guide

There's more to learn about Velarde, NM 87582!
Explore more local area information

An Equal Opportunity Company

Copyright © 2025 Santa Fe Association of REALTORS&#174;, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading