The American Mine with Potential Lode of Gold

Vacant Land for Sale
Catylist Listing ID: 30665685
Property Subtypes: Agricultural
Gross Land Area: 20,000 Acres
Sale Price: $40,000,000
Unit Price: $2,000 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 11/11/2020

Overview / Comments

Over the last two decades, the current owner of Vista del Valle Ranch has been purchasing adjacent ranches including Diamond Peak Ranch, Saddle Ridge Ranch, and several other properties adjacent to these ranches, including several mining claims. Today, the ranch offers at least three luxury homes, several cowboy quarters, and at least three hunting lodges for a total of 13 live in structures. The owners of the property generates income through the sale of his purebred horse champions, the sale of the hunting permits to an outfitter for $250,000.00 yearly. The permit called "Secondary Management Zone" allows the owner to manage the elk, antelope, and wild turkey population. This property is also registered with the "ELK Private Lands Use System - EPLUS". The property currently runs approximately 600 cow-calf pairs. It is also important to point out that this property comes with a large quantity of water rights. The property is 80 percent of the land between Carrizozo and Nogal, New Mexico. This ranch has control of all the access to the US Forrest and Wilderness.Lastly, this property includes the American Gold Mine, and according to a geologist, there is a potential of mining all the lode that was deposited in the grounds next to the American Mine that has gold. This can potentially generate enough money to pay for the property.

Additional Details

Nearest MSA: Ruidoso
County: Lincoln
Tax ID/APN: 8068047032270000000
Property Located Between: Highway 37 and State Rd. 380
Property Visibility: Good
Largest Nearby Street: Highway 37
Topography: Rolling
Soil Type: Other
Available Utilities: Electric
Water Service: Other
Sewer Type: Other

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