9300 Knowles RdArkansas Junction, NM 88240

Property Details for 9300 Knowles Rd

Lot size

80.00 AC

Property type

Land

Property subtype

Farms

Description

This exceptional 80-acre farm and ranch property presents a rare investment opportunity in Lea County, New Mexico, near Hobbs. Located at 9300 N Knowles Road, Arkansas Junction, zip code 88240 (32.6702606, -103.4049445), this property boasts a custom-updated home featuring a gourmet kitchen complete with granite countertops, a large island, double ovens, a gas cooktop, and custom cabinetry. The open floor plan enhances the spacious feel, complemented by custom cabinetry and lighting throughout. A newly renovated apartment provides additional living space, ideal for family or guests. The property's practicality is further enhanced by multiple barns and outbuildings, providing ample storage and workspace. Agricultural potential is significant, with an irrigation pivot system and approximately 47.8 acres of water rights ensuring consistent productivity. Approximately 1500 pecan trees add to the property's income-generating potential. This turnkey operation offers a unique blend of comfortable living and substantial agricultural capabilities, making it an exceptional investment opportunity. The asking price for this remarkable property is $1,500,000.

Location Insight

City

Arkansas Junction

County

Lea

State

New Mexico

Latitude

32.6703

Longitude

-103.405

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