About Limacher Ranch- SOLD, BUT WE HAVE MORE
The Limacher Ranch is a small, but beautiful ranch located in the Ruidoso Valley between Ruidoso, 23 miles to the west, and Hondo, 2 miles to the east. The ranch is comprised of approximately 80.55 acres of irrigable lands with 48.2 acres of water rights. The water rights have priority dates of 1865, 1871, and 1885, making them some of the oldest water rights in the Valley.
On a per acre basis, water rights in this part of the world are more valuable than the land they serve. Importantly, these water rights divert from the Rio Ruidoso on this ranch and are not part of an organized acequia, making their use more flexible and their value greater. The ranch also has a new river pump and pipeline system to divert water from the Rio Ruidoso onto the land for irrigation.
This little ranch is located in a beautiful part of the Ruidoso Valley and boasts a fabulous stretch of both sides of the Rio Ruidoso! This river is home to native brown trout and this ranch offers fabulous fishing opportunities! This ranch is scenic and beautiful and the Rio Ruidoso and the tree growth along it make an idyllic, park-like setting. This ranch is home to mule deer, elk, Barbary sheep, turkey, mountain lion, and an occasional black bear.
There are no habitable improvements on the Limacher Ranch. However, there are numerous, beautiful home sites on the ranch along the river, offering outstanding views. And oh the sounds of that moving water.....beautiful! There simply is nothing better than live water!
The Limacher Ranch is easily accessed from U.S. Highway 70 on the north, and, on the south side of the Rio Ruidoso it is also easily accessed from Los Saltos, a county-maintained road.
There are several homes in the immediate area (on inferior locations) that are valued well above $1,000,000. This location would make a great horse facility, recreational ranch, vacation home site, and, of course, a small working farm/ranch.
This location is a rare one in that many locations in the Ruidoso Valley are cluttered with unsightly accumulations. This ranch does not suffer from that affliction and is very well-insulated from it. Only 20 minutes to Ruidoso means that this little ranch is a dandy for those wanting to spend recreational time in the Ruidoso area, without having to live there.
The Limacher Ranch is a rare find! Come see for yourself! It is offered by New Mexico Ranch World at $1,800,000, and worth every penny of that price. This is a great, long-term investment.
Owner says sell... NEW PRICE $1,300,000. Note this Ranch sold two years ago at $1,550,000. Former owner's loss - your gain! The current price approximates the value of the water rights alone! NOW, is a great time to buy!