277 Spur Ranch Road

Lamy, NM
$ 2,300,000 Beds 3 Baths 2.5 Sq 3,132
Monthly Estimate* How much can I afford?

This ranch has been an established and profitable dressage and boarding facility for over 20 years. All existing boarders would like to remain after the property sale. The professionally designed equestrian facilities include an indoor riding area, main 8-stall Morton barn, indoor & outdoor dressage arenas, flexible and prolific fencing areas, a private office, an observation deck, storage areas, and hay & tractor storage. This gated community is 150 acres of expansive riding trails—it's an equestrian dream! The Adobe residence was custom-designed and built by Jim Satzinger. This home enjoys panoramic views of four mountain Ranges. The two spacious covered portals enjoy views and are perfect for entertaining. The gracious layout offers privacy for guests and a well-appointed primary suite. This home is surrounded by irrigated floral, vegetable, and herbal gardens. There is much more to this home and business, both of which the original owner built and lovingly cared for.

Active

  • Price
  • $ 2,300,000
  • City
  • Lamy
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Santa Fe
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 19.5 Acres
  • Zip
  • 87540
  • Sqr Footage
  • 3,132
  • Year Built
  • 1993
  • Style
  • MLS#
  • 202603805
Listed By: Deborah Bodelson with Corcoran Plaza Properties.
Data Source: Santa Fe AOR (SFAR)

Features

General

Sewer Septic Tank
Heating Fireplace(s),Propane,Radiant
Cooling None
Utilities High Speed Internet Available,Electricity Available
Possession Closing & Funding,Close Of Escrow
Roof Flat,Tar/Gravel
Appliances Dryer,Dishwasher,Gas Cooktop,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Trash Compactor,Water Heater,Washer
Garage Spaces 2
Architectural Style Pueblo
Construction Materials Adobe
Year Built 1993
Electric 220 Volts
Levels One
Property Subtype Single Family Residence
Accessibility Not ADA Compliant
County Santa Fe
Property Type Residential
Attached Garage true
Garage Y/N true
Other Structures Barn(s),Outbuilding,Studio Attached,Stable(s),Storage
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Highway 25 N to 285. Take 286 to Spur Ranch, take a right. Property is at the end of Spur Ranch.
High School Santa Fe
City Lamy
Lot Size Units Acres
Lot Size Square Feet 849420
Listing Terms Cash,Conventional,1031 Exchange,New Loan
Elementary School El Dorado Com School
Property Attached Y/N false
Land Lease Y/N false
Middle/Junior High School El Dorado Com School
MLS Area Minor 10-Hwy 285
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Detached,Single Family Residence

Interior Features

Interior Amenities No Interior Steps
Flooring Brick,Tile
Total Fireplaces 3
Fireplace Features Wood Burning
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Exterior Amenities Horse Facilities
Parking Features Attached,Garage
Water Source Cistern,Shared Well
Total Parking 20
Lot Size Area 19.5
Foundation Details Permanent
Building Area Total 3495
Lot Size Acres 19.5
Lot Size Source Public Records
Horse Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School El Dorado Com School Elementary School
Middle School El Dorado Com School Middle School
High School Santa Fe High School

Price History

9/2/2026 Listed $2,300,000

Property vs Zip Code Average in 87540

Price
AVG $1.23M
$2.3M
Year Built
AVG 1985
1993

277 Spur Ranch Road Lamy, NM is a Single Family Home for sale at $2300000 with 3132 sqft and a lot size of 19.5 Acres Acre(s). 277 Spur Ranch Road Lamy has 3 bedrooms, 2 baths and was built in 1993. The property's zip code is 87540 which is in Lamy, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.