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Preston Place

Tbd : Folsom, NM 88419

Union County, New Mexico

740 Acres
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Land Description

Preston Place - Where the antelope play!  $722,000  Gorgeous +/- 740 deeded acres in rural Union County, New Mexico.  Preston place adjoins the south side of the community of Folsom and is situated on the east side of SH 325 with approximately one mile of frontage. The ranch has 360 degree views and is native pasture.  Terrain varies from rolling mesa country with elevated ridges, descending to valley sideslopes.  Much of the property has rock outcrops with sandstone on the ridges.  Pinon, juniper and oak brush are scattered throughout the ranch.   Preston Place has an active well and is currently carrying cattle at an average ratio of 40 acres per AUM.  The mule deer and antelope are abundant, with the occasional elk herd crossing the property. Altitude is +/-  6500 ft.    Bordering the historic city limits of Folsom, NM and within an hour of I-25,  the property is easily accessed from numerous access points. The old stagecoach toll road to Branson, CO goes north out of Folsom and is a great drive. This well protected property provides a haven for wildlife, with 25 to 100 + antelope calling the ranch home on most days.    The ranch is clean providing good vehicular access.  Best and highest use would be cattle grazing, residential and recreation. Northern New Mexico is a recreational mecca and the Colorado state line is but minutes away.    Lots of great neighbors help make up this property, with some run off ponds and a good well. This is a perfect size property and a good investment.  Some grazing income is available.    Call today for a qualified showing, co-brokers welcome.

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