The median home value in Montezuma, NM is $970,000.
This is
higher than
the county median home value of $306,250.
The national median home value is $308,980.
The average price of homes sold in Montezuma, NM is $970,000.
Approximately 51% of Montezuma homes are owned,
compared to 16% rented, while
32% are vacant.
Montezuma real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Montezuma real estate agent to arrange a tour today!
Learn more about Montezuma.
Welcome to 2 El Paraiso Drive, a charming and thoughtfully remodeled single-story guest home that blends classic Northern New Mexico character with comfort and functionality. Originally built in the 1930s and 1940s and completely remodeled in 1988, this 1,600-square-foot stucco home offers timeless appeal and inviting living spaces. Located 12 minutes from Las Vegas, and 15 minutes from I-25, in the scenic and historic community of Montezuma, the property sits on a hillside at the mouth of the Gallinas Canyon, which is an easy walk to the Montezuma Hot Srpings and the United World College. Designed for comfortable living, the home features 2 bedrooms and 2 full bathrooms, along with an over-sized 2-car garage providing abundant space for vehicles, storage, or hobbies. Warmth and character are found throughout with both a wood-burning stove and traditional wood-burning fireplace, creating cozy gathering spaces year-round. The home's efficient heating system combines solar thermal panels with electric baseboard heat, complemented by the wood stove for added comfort and energy efficiency. Flooring includes mostly carpet, with distinctive redwood flooring in portions of the primary bedroom and bath, laminate flooring in the kitchen, and vinyl in the laundry area. Outside, enjoy your own private retreat featuring a swimming pool with enclosure, perfect for relaxing, entertaining, and enjoying Northern New Mexico's sunny climate. Topped with a durable standing seam metal roof and supported by a crawl space foundation, this property offers a rare blend of historic charm, thoughtful updates, and lifestyle amenities. Property contiguous with two other individually listed residential properties and all could be purchased together: 2 El Paraiso Drive (Guesthouse or GH), 4 El Paraiso Drive (Uphill House or UHH), 11 St. Joseph Drive (Casa Vieja or CV). All titles are good and free and clear of any encumbrances, with all taxes current.
Step into a rare piece of Northern New Mexico history at 11 St. Joseph Drive in Montezuma, where timeless character meets modern comfort. Believed to date back to the late 1800s, with additions between 1950 and 1980, and then beautifully remodeled in 2021, this distinctive 1,270-square-foot single-story home was once the residence of the local ice cutter, and it showcases a unique blend of adobe, log, stone, and frame construction, all finished with classic stucco charm. Rich with warmth and authenticity, this historic home offers 2 bedrooms, 2 bathrooms, (1 full and 1 3/4) and a flexible studio/office space, ideal for remote work, creative pursuits, or guest accommodations. The inviting living room features original wood flooring, preserving the home's historic appeal, while the remainder of the residence has been thoughtfully updated with luxury vinyl flooring for durability and modern style. The laundry room features practical coated concrete flooring. Comfort and efficiency continue with a durable pro-panel metal roof, slab-on-grade foundation, and electric baseboard and wall heating. A convenient carport adds everyday functionality. Located 12 minutes from Las Vegas, and 15 minutes from I-25, in the scenic and historic community of Montezuma, the property sits on a hillside at the mouth of the Gallinas Canyon, which is an easy walk to the Montezuma Hot Srpings and the United World College. This remarkable home offers the perfect balance of historic craftsmanship and contemporary updates - an uncommon opportunity to own or enjoy a thoughtfully restored New Mexico treasure. Property contiguous with two other individually listed residential properties and all could be purchased together: 2 El Paraiso Drive (Guesthouse or GH), 4 El Paraiso Drive (Uphill House or UHH), 11 St. Joseph Drive (Casa Vieja or CV). All titles are good and free and clear of any encumbrances, with all taxes current.
Discover the charm and character of this unique two-story Northern New Mexico home at 4 El Paraiso Drive. Originally built in the 1930s-40s and thoughtfully expanded and remodeled through the years, this 1,775 sq. ft. residence blends timeless character with functional living spaces. Located 12 minutes from Las Vegas, and 15 minutes from I-25, in the scenic and historic community of Montezuma, the property sits on a hillside at the mouth of the Gallinas Canyon, which is an easy walk to the Montezuma Hot Srpings and the United World College. The home features 2 bedrooms, 1.5 bathrooms, and a versatile studio/office space, offering flexibility for remote work, creative pursuits, or additional guest accommodations. Construction includes a solid concrete and cinder block first floor with a frame-built second level, all finished with classic stucco exterior appeal. Inside, enjoy comfortable living areas with mostly carpeted flooring, complemented by vinyl flooring in the kitchen, laundry, and bathrooms. Heating is provided through electric baseboard and wall heaters, while the durable pro-panel metal roof adds long-term value and low-maintenance peace of mind. The property also includes a very oversized one-car garage, providing excellent space for parking, storage, or workshop use. A mostly slab-on-grade foundation, along with a small crawl space housing the water pressure pump, supports this distinctive home. Rich in history and character, this property offers a rare opportunity to enjoy a home with decades of thoughtful evolution and New Mexico charm. Property contiguous with two other individually listed residential properties and all could be purchased together: 2 El Paraiso Drive (Guesthouse or GH), 4 El Paraiso Drive (Uphill House or UHH), 11 St. Joseph Drive (Casa Vieja or CV). All titles are good and free and clear of any encumbrances, with all taxes current.
Rio de Vega is a remarkable 74.54-acre legacy estate offering unmatched natural beauty, abundant water, and exceptional infrastructure just minutes from Las Vegas, NM and the United World College. Known to the family as The Playground, this property blends comfort, creativity, and Northern New Mexico wilderness in a way that is truly rare. The custom 4,200 sq. ft. main residence - originally a barn kit - was transformed into a warm, refined home by designer Pedro Marquez, featuring pine siding, alder doors, and thoughtful architectural detail throughout. A 2,000 sq. ft. guesthouse provides additional space and privacy with its own 500-gallon propane tank and independent septic system. A third septic and 220 electric are already installed, creating a ready site for a future home or structure. The 2,610 sq. ft. drive-through barn is a standout feature, built atop teak-floored storage containers and framed with canyon-harvested red fir. Additional outbuildings include a rebuilt, powered chicken house and multiple storage structures. Water is one of the property's greatest assets, with nearly half a mile of Gallinas River frontage, three ponds (including spring-fed and bentonite-sealed), and a water table only 6 feet deep. Jersey barriers along the riverbank help protect the property during high-water events. High-speed internet, a Cummins generator, and year-round access support easy, reliable living. The land is alive with incredible wildlife, including elk, deer, turkey, and other native species that frequent the property daily. Rio de Vega also comes with existing elk tags, and per the seller, landowners apply annually to the New Mexico Department of Game & Fish for E-Plus Landowner Permits - a process the current owner has never had difficulty obtaining. With its scenic landscape, strong infrastructure, abundant water, and exceptional recreational potential, Rio de Vega is a rare opportunity to own a truly special Northern New Mexico estate.
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