Lincoln County, New Mexico Land For Sale (80 results)
Want to post your listings on AcreValue? View Listing Plans
AcreValue offers multiple types of land for sale in Lincoln County, so if you’re looking for a new ranch, farm, recreational property, hunting ground, developmental property, or land investment you’ve come to the right place. Regardless of what your needs or objectives are for your land, we have a large inventory of available parcels that are updated regularly. Therefore, it’s very likely that we have the perfect parcel that meets all the search criteria & specifications that you’ve been searching for. Additionally, because our land for sale listings are always being updated due to the frequency of land being sold or new land listings being put on the market, make sure that you are checking back with AcreValue regularly for updates. When you find the perfect land parcel and you are ready to take the next steps you can easily connect directly with the listing agent to help you facilitate your land purchase. Browse AcreValue's New Mexico land for sale page to find more potential opportunities in New Mexico that fit your needs. We wish you the best of luck in finding your next ranch, farm, recreational property, hunting ground, developmental property, or land investment.
01/31/2026
$5,300
41.32 ac.
ACTIVE
Lincoln County - Alto, NM
Just minutes outside Ruidoso and Alto, and only a few miles from Ruidoso Winter Park and a world-class ski resort along Highway 117, this offering includes approximately 41 acres of legally filed placer mining claims, recorded with both the County and Federal Government.
The property sits directly on Little Creek, with excellent year-round access and multiple level staging areas ideal for a camper or tent. The land is scenic, usable, and quietly impressiveexactly what serious outdoorsmen and prospectors look for.
Mineralization is visible throughout the claim, with exposed quartz and varied rock formations across the acreage. Go and do your own investigation. The creek runs through the property, inviting hands-on explorationbring your pan and work the in water. Water levels vary through out the year.
This is a rare opportunity in a highly sought-after area.
This listing is not intended nor can be used for residential use or homesteading.
12/17/2025
$9,495,000
140 ac.
ACTIVE
Lincoln County - 398 Pine Lodge Rd, Capitan, NM
Welcome to Crown T Estatea truly extraordinary opportunity where expansive skies, rolling terrain, and the rugged beauty of New Mexico converge. Situated on 140 acres within Lincoln County's prestigious Ranchos de Caballos Estates, this unfinished yet exceptional 9,978 sq ft custom home offers both scale and vision.
Built to showcase the expansive views of Sierra Blanca and the Capitan Mountains, the three-story residencebegun in 2022is approximately 85% complete. With key infrastructure complete, skip the long wait times and skyrocketing construction costs. New builds in this region can take 23+ years and incur hundreds of thousands in soft costs before construction even begins. Instead, customize the finishes, fast-track your timeline, and create your forever escape. With architectural renderings available for review. Most of the essential materials have been carefully selected, purchased, and are currently stored on the property. From cozy fireplaces to view-filled windows and family-friendly living spaces, the home was thoughtfully planned for both warmth and connection. Over 6,500 sq ft on the main level provides ample space for multi-generational living, entertaining, or creating a full ranch-style compound. Crown T Estate offers the scale, setting, and flexibility to bring your vision to life.
A thoughtfully designed barn offering both high-end functionality and exceptional multi-use space, this well-appointed facility overlooks a potential arena site and features spacious 14' x 14' stalls, providing ample room and comfort for horses and other livestock. Spanning approximately 5,716 sq ft (buyer to verify), the barn blends practical utility with modern comfortmaking it ideal not only for ranch operations but also as a flexible venue for entertainment, guest accommodations, and workspace. Equipped with a dedicated veterinary suite, the barn supports great on-site animal care. Processing and breeding areas enhance operational efficiency for livestock management, while the potential arena location makes this an excellent setup for training, competition preparation, or recreational riding. In addition to its residential and recreational elements, the barn includes substantial space for equipment storage, feed, and tack. This facility delivers the infrastructure and versatility to support both a fully functioning ranch and a multi-purpose lifestyle hub. Whether you're managing livestock, hosting guests, or crafting a personalized living or working environment, this barn is built to exceed expectations.
Located in Game Management Unit 37 (GMU 37), this property sits in prime big game country, offering exceptional hunting and wildlife opportunities. The diverse terrain provides excellent habitat for elk, mule deer, antelope, and Barbary sheep, drawing a wide range of game throughout the seasons. The area is especially well known for producing trophy bull elk and pronghorn, making it a highly sought-after destination for big game hunters. With the property bordering New Mexico State Land, it opens access to even broader areas for hunting, glassing, and recreationexpanding the opportunities well beyond the deeded acreage.
Ranchos de Caballos Estates, is one of New Mexico's premier large-acreage communities, known for its privacy, natural beauty, and expansive views. This exclusive setting offers seclusion without sacrificing convenience. Saddle up for a morning ride, host unforgettable gatherings with mountain backdrops, or unwind under New Mexico's star-filled skies. 398 Pine Lodge Rd offers scale, serenity, and limitless potentialall in one of New Mexico's most scenic, storied regions. Whether you're a hunter, a horse lover, or just seeking a peaceful, private haven to reconnect with nature, this property offers unmatched opportunity.
Main Property Features
140 acres of private, fully fenced land
9,978 sq ft custom home across 3 stories
6,500 sq ft main floor footprint
Construction approx. 85% complete finish to your specifications
Private well, electric and natural gas in place
Paved highway frontage
Located in Capitan School District
Subdivision: Ranchos de Caballos Estates
Panoramic views, rural privacy, and strong recreational potential
Barn & Agricultural Features
Barn with 14' x 14' stalls overlooking potential arena site
5716 sq ft of barn living/entertainment space (buyer to verify)
Smart greenhouse built to withstand Cat 1 hurricane winds and snow loads
Wildlife & Hunting
Located in Game Management Unit 37 (GMU 37)
Habitat for elk, mule deer, antelope, Barbary sheep
Known for trophy bull elk and pronghorn
Nearby Public Lands & Recreation
Capitan Mountains Wilderness (~35,067 acres): Rugged terrain, limited access, birthplace of Smokey Bear
White Mountain Wilderness (~46,963 acres): Hiking, horseback riding, camping, including 20-mile Crest Trail
Lincoln National Forest: Year-round outdoor activities including skiing, fishing, biking, and equestrian trails
Bonito Lake: High-elevation reservoir for trout fishing, hiking, and camping
Contact us today for more details, current status, and customization opportunities.
** Co-listed with Erika Perry of HiLo Realstate
11/11/2024
$2,100,000
11.43 ac.
ACTIVE
Lincoln County - 104 Country Lane, Alto, NM
Discover this stunning Santa Fe style home, perfectly situated on 11.43 acres with breathtaking views of Sierra Blanca. This property boasts custom designer touches throughout, making it a true standout and creating a warm and inviting atmosphere. It has 4 bedrooms and 4 baths.
Exterior amenities include a double garage and carport for ample parking. Beautifully landscaped entry featuring a large, Old World style wooden door giving a touch of craftsmanship and traditional style. An inviting courtyard and a delightful putting green along with the expansive outdoor covered patio that is ideal for entertaining, with stunning Sierra Blanca views. This home has a stucco exterior that is completed by the stately bell tower and canales.
Interior features include a gourmet kitchen equipped with an island, kiva fireplace, and a spacious walk-in pantry. Cozy living room with a large fireplace and double doors that open to the covered patio. There is an office and another additional space. Separate guest wing with kitchenette. Decorative niches for the display of art collections are strategically placed. Brightly colored hand-crafted tiles create accents of vibrant color and texture characteristic of Santa Fe style architecture along with vigas and latillas.
Refrigerated air conditioning throughout, complemented by radiant floor heating in the main areas and forced air heating in other areas. Separate guest wing is complete with its own kitchen and bath for added privacy. Conveniently located on the main level, the master suite features a luxurious bathroom with a separate tub and shower along with a separate courtyard. This home offers a perfect blend of luxury and comfort in a picturesque setting that is convenient to dining, golf, and shopping.
06/07/2025
$12,900,000
8594 ac.
ACTIVE
Lincoln County - Tinnie, NM
Premier 15,000 + Acre Hunting & Cattle Ranch in Southeast New Mexico.
Nestled between the vibrant communities of Roswell, Lincoln, and Ruidoso, this expansive ranch offers 8,594 deeded acres MOL and 409 acres of State Lease for an unparalleled opportunity for cattle operations and prime hunting. Paired with a Forest Service allotment supporting up to 145 head, this property is a cattlemans dream. The combined acreage of this ranch should carry 300+ cow/calf pairs. The headquarters consist of two modest homes, working pens and barns. There is an additional set of working pens on the south side of the ranch and a set west of the headquarters.
Hunting
Boasting diverse terrain, the ranch is a haven for outdoor enthusiasts, with abundant wildlife perfect for hunting and breathtaking landscapes ideal for recreation. Wildlife consists of Elk, Mule deer, Bear, Turkey, Mountain lions, and other small furbearers. Just imagine sitting on your porch in the morning with a cup of coffee and watching the elk and mule deer in the irrigated meadow. The Latigo Ranch is in the well renowned Unit 37 and qualifies for Landowner Elk and Mule deer tags to be assigned at the owners discretion and in conjunction with the NM Department of Game and Fish. The elk tags are highly sought after and command a solid price. Bulls harvested in the area range from 300+ with some bulls being in the 360 class. Elk, mule deer, turkey and bear all call this ranch home and provide a great variety of hunting opportunities.
Water
The ranch is exceptionally well-watered, featuring a robust spring producing around 8,000 gallons per minute during the wet season, ensuring reliable water for livestock and wildlife. The spring waters about half of the ranch and the balance of the ranch is water through solar and electric wells. Additionally, 133.1 acres of irrigated water rights provide the potential for crop cultivation, adding versatility to this remarkable property. The irrigation well located near the headquarters is electric and is reported to pump around 700 gallons per minute (a very rare find in this area).
Amenities
The ranch is conveniently located a small distance from the Arabella highway just north of Tinnie, NM. It offers easy access to Roswells amenities and Ruidosos Mountain charm, blending rural serenity with modern convenience. A short drive will get you to the local shops in Downtown Ruidoso, the Ruidoso Racetrack, The Inn of the Mountain Gods or the famous town of Lincoln where you can explore the old stopping grounds of Billy the Kid.
Dont miss this rare chance to own a legacy ranch with endless potential. Contact us today for more details or to schedule a tour!
10/03/2025
$10,000,000
763.4 ac.
ACTIVE
Lincoln County - Capitan, NM
Premier Mountain Ranch with Live Water, Highway Frontage & Development Potential
Located minutes from Ruidoso, Alto, and Capitan, New Mexico
Welcome to Peters Home Place Ranch, an exceptional 763.4-acre legacy property nestled in the highly coveted corridor between Capitan and Ruidoso, New Mexico. Flanked by the majestic Capitan and Sacramento Mountains, this scenic, unspoiled land is now available in its entiretyoffering one of the largest contiguous landholdings with NM Highway 48 frontage in the area.
The ranch lies within a four-season climate zone with an average annual precipitation of 16.34 inches, including 27.3 inches of snowfall (Capitan data). Crisp mountain air, vibrant sunsets, and a rich mix of vegetation and terrain make this a scenic jewel in the Southern Rockies.
This ranch represents a rare combination of size, accessibility, natural water and location positioned just north of Angus, NM, and only minutes to world-class skiing, golfing, horse racing and high-end dining and entertainment in Ruidoso and Alto.
7 miles to Capitan, NM
12 miles to Alto, NM
16 miles to Ruidoso, NM
Less than 3 hours to El Paso International Airport
Rare. Rugged. Ready.
Peters Home Place Ranch is a one-of-a-kind offering in an area with increasing demand and limited large-tract availability. With its blend of water, wildlife and location, it stands as both a secure investment and a personal sanctuary.
PROPERTY HIGHLIGHTS
763.4 acres of deeded mountain land
Approx. 1.5 miles of frontage on NM Highway 48 for outstanding access
Spring-fed fork of Magado Creek traverses the middle of the ranch
Elevations ranging from 6,930 ft to 7,220 ft
Electricity accessible along the eastern boundary (Highway 48) and onto the HQ along with natural gas
Rolling topography with diverse vegetation: Ponderosa Pine, Pion, Juniper
Multiple elevated building sites with commanding views of Sierra Blanca
New boundary fencing required on northern perimeter, otherwise well-fenced
Wildlife-rich environment: elk, mule deer, wild turkey, black bear, mountain lion, and more
UNMATCHED LOCATION & LIFESTYLE
Situated in the shadow of Sierra Blanca, the property enjoys year-round beauty and access to the best of New Mexicos mountain lifestyle. The nearby communities of Ruidoso, Alto, and Capitan offer everything from shopping and art galleries to casino gaming, fine dining, golf at Alto Lakes and The Outlaw and skiing at Ski Apache.
This is truly prime real estateideal for a private family estate, luxury retreat, equine property, or strategic multi-phase development. Whether you're envisioning trophy home sites, conservation easements or a recreational paradise, this is a rare opportunity to own one of the regions most attractive large-acreage properties.
Don't miss this chance to own a premier mountain ranch in one of New Mexicos most treasured regions.
LEGACY OF THE LAND
While Peters Home Place Ranch stands today as a premier land offering in southern New Mexico, its roots run deep in the regions ranching history. The story begins over a century ago, when LaMoyne Petersa descendant of generations of cattle ranchers in Lincoln Countybuilt upon a legacy marked by resilience, foresight and a passion for raising quality cattle.
From the early 1900s (before New Mexicos statehood in 1912) to the present, the Peters family has maintained and evolved a renowned commercial and registered Hereford and Angus operation, with foundational genetics dating back to 1924. Over the decades, herd improvement was guided by a commitment to sound structure, strong maternal traits, and adaptability to New Mexicos high-desert climate. Bulls from the ranch have carried prestigious bloodlines and made lasting contributions to herds across the region.
As the ranch grewadding irrigated farms, expanding bloodlines, and welcoming new generations into the foldthe focus remained clear: develop cattle that thrive on rugged range, offer strong phenotype and disposition, and meet the practical needs of todays cattlemen.
Today, under the stewardship of the familys fourth and fifth generations, that heritage lives on. The land offered in the Peters Home Place Ranch sale is part of a broader story one of perseverance, stewardship and quiet achievement. For those seeking more than acreagethose seeking a legacy property grounded in heritage and built with carethis is it.
12/03/2025
$1,795,000
570 ac.
ACTIVE
Lincoln County - El Palacio Hunting Ranch, Hondo, NM
El Palacio Hunting Ranch
A Rare Opportunity Where River, Ridge, and Wild Country Come Together in the Hondo and Ruidoso Valley
Property Overview and Area History
Set among the cottonwoods of the Rio Ruidoso River, the El Palacio Hunting Ranch offers a rare combination of private river frontage, mountain scenery, and unmatched recreational opportunity. The 10 acre headquarters area rests beside the slow-moving water of the Rio Ruidoso, while the 560-acre backyard rises into rugged, game-filled hillsides that reach the tops of the juniper and mahogany ridges above the valley. From those upper elevations, the views are wide and unobstructed, and the sense of privacy is complete. This property is perfect for the owner looking for private river frontage, private recreational hunting, a great place to call home.
The ranch lies in one of the most historic landscapes in New Mexico, set within the Hondo, Bonito, and Ruidoso Valleys that stretch between the Sacramento and Capitan Mountains, an area often called southeast New Mexico's playground. These valleys hold the stories of the Mescalero Apache, early United States Army outposts, the ranching era, and the conflicts remembered as the Lincoln County War, with names such as Billy the Kid, John Chisum, and John Tunstall still tied to the canyons and river bottoms that define this country. The Hondo Valley region is shaped by large hills, winding canyons, and a broad valley floor where the river provides the lifeblood for ag producers and the wildlife that depend on it. Nearby towns like Ruidoso, Capitan, and Lincoln serve as gateways to this landscape and its deep cultural roots, adding to the character and appeal of the region.
The El Palacio the palace Hunting Ranch, is located approximately 25 miles east of Ruidoso near the junction of Highways 70 and 380. The confluence of the Rio Ruidoso and Bonito Rivers is just downstream and Roswell, NM is about 45 more miles east with an airport, medical care, shopping, and higher education.
Improvements
The custom home serves as a comfortable and well-built headquarters. It offers approximately 3,600 square feet of living space with a full unfinished basement, 4 bedrooms, 2.5 baths, central heating and cooling, a steam shower, hot tub, and sauna. A lighted breezeway leads from the back door to a 2-car covered carport and attached 2-car enclosed garage, and finally to a large livestock/equipment barn.
This offering provides a unique opportunity to own a beautiful small ranch parcel with private river frontage, a well-constructed home/headquarters, and backyard that functions as a personal hunting retreat. It is located in the heart of Lincoln County, New Mexicos ranch country where the blend of history, landscape, and wildlife creates a unique ownership experience.
Whether you are seeking a home for your family, a private hunting retreat, a long-term investment, or a legacy ranch for future generations, the El Palacio Hunting Ranch meets all of these goals.
Terrain - Vegetation
The ranch ranges from 5,100 to 5,982 feet in elevation. The lower country along the river offers shade and meadow like vegetation, while the upper reaches transition into rugged hillsides suited for wildlife and recreation. Vegetation includes productive native grasses, pion and juniper woodland, mountain mahogany, and multiple cacti species that thrive in this region.
Wildlife Opportunities
El Palacio supports excellent hunting and recreation. Located in New Mexico Game Management Unit 36, the ranch holds elk, mule deer, Barbary sheep, blue quail, dove, bear, mountain lion, and coyote. The upper country behind the home serves as a private hunting area with access throughout the property.
Infrastructure - Water Assets
The ranch fence follows perimeter boundaries and may need repair.
The ranch benefits from several reliable water features.
Wells: 1 total depth and GPM production unknown at this time.
Drinkers: 2 on site at upper elevations. These drinkers are subject to an unrecorded agreement between adjoining owners.
Water at the home is reported to be of good quality and water softener is in place.
Road Access
Primary access from US 70 directly to the headquarters.
About 25 miles to Ruidoso and 45 miles to Roswell.
Location - Lifestyle
The El Palacio Hunting Ranch is in Lincoln County near Ruidoso, a four-season recreation community known for skiing, fishing, horse racing, outdoor adventure, and a vibrant mountain town atmosphere. The combination of privacy, scenery, wildlife, and accessibility creates a lifestyle that appeals to owners seeking both solitude and convenience.
Nearby Communities - Services
Ruidoso (25 mi): Schools, fuel, groceries, hospital, ENMU, airport, basic services and and a wide range of dining and recreation.
Roswell (45 mi): Shopping, dining, medical care, and a larger airport providing service to Dallas hub
Albuquerque and Santa Fe (~3.5 hrs): Full services, international airports, higher education, hospitals, and cultural attractions
Recreation
Hunting on deeded and nearby state and federal lands, primarily big game.
Snow skiing, Fishing, horse racing, and entertainment at the Inn of the Mountain Gods.
Wide open spaces ideal for hiking, horseback riding, ATV use, and stargazing.
Climate
Average January Low: 27F, High:45
Average July High: 81-82F, Low: 61
Average Annual Rainfall: 17 inches
Average Annual Snowfall: 21 inches
Sunshine: 261 days annually
El Palacio Hunting Ranch offers a peaceful rural lifestyle with room to grow, explore, and enjoy the land.
2025 Property Taxes: $3,796.61
Ranches of this size and quality with private river frontage seldom become available near Ruidoso. El Palacio Hunting Ranch stands as one of the most compelling and realistically priced legacy ranch opportunities in the region.
Property Highlights
Total Acreage: 570 acres
Topography: Rolling to steep limestone hillside with draws
Vegetation: native grasses dotted with junipers, pion pines, and mahogany, and cottonwood
Water: one domestic well, estimated 400-500 feet of river frontage, 1.17 acre of water right
Wildlife: Elk, mule deer, Barbary sheep (aoudad), bear, lion, and quail
Improvements: Custom home, custom carport and enclosed garage, barn, multiple workshop areas
Access: Access via paved road off US #70 to the headquarters with two track roads and foot or horseback access into the hunting country
Price: $1,795,000
Includes: All owned mineral, water, wind, and solar rights
For more information or to schedule a private showing, please contact:
Jim Welles
(505) 967-6562
Dwain Nunez
(505) 263-7868
El Palacio Hunting Ranch: A legacy ranching property for generations
01/29/2026
$25,600
21.4 ac.
ACTIVE
Lincoln County - 133 Pino Road, Carrizozo, NM
ADJACENT LOT ALSO AVAILABLE- discounted rates!
21.4 acres in Valle Del Sol near Carrizozo, NM — true high-desert acreage with room to breathe
Gently rolling terrain with native grasses and desert vegetation — easy to walk, explore, and develop
Wide-open mountain views including the Sacramento Mountains and nearby volcanic landscapes
Quiet, remote setting with open skies, privacy, and minimal neighbors
Only ~10 minutes to Carrizozo for gas, groceries, and essentials
~45 minutes to Ruidoso — skiing, hiking, golf, dining, and year-round recreation
~1.5 hours to White Sands National Park | ~2.5 hours to Albuquerque
Low population density + minimal light pollution — ideal for stargazing and off-grid living
Flexible land use: recreation, future build, or long-term land hold
Lincoln County benefits: low property taxes, abundant sunshine, growing rural land demand
Southwest lifestyle appeal — space, silence, and freedom without city congestion
12/03/2025
$19,250,000
8000 ac.
ACTIVE
Lincoln County - 1086 Alamo Canyon Rd, San Patricio, NM
Nearly 8,000 total acres adjacent to national forest & the Mescalero Apache Reservation
Trophy elk hunting with unlimited landowner elk tags
Mule deer, bear, turkey, & more
Excellent hunting & cattle ranch
Located 45 minutes from the resort town of Ruidoso
Wapiti, the Native American term for North American elk, is the namesake of a sprawling 8,000-acre tract of foothills property near Ruidoso, New Mexico. Wapiti Ranch is named for elk for a good reason: it lies near the heart of an entire elk nation that boasts some of the largest bull elk on the planet. Having the good fortune of bordering the Mescalero Apache Reservation, which is renowned for its trophy bulls, Wapiti Ranch has earned an excellent reputation as a hunting operation that has treated many of its clients to the largest bull elk of their lives. Now this turnkey operation is on the market, ready to be assumed by new owners to carry on stewardship of this proud trophy-elk legacy.
Wapiti Ranch occupies almost 8,000 hilly acres on the eastern flank of the Sacramento Mountains in south-central New Mexico comprised of approximately 6,686 deeded acres and 1,280 acres of New Mexico State leased land. This well-blocked ranch is approximately 3 miles wide and 4 miles long and encompasses several drainages from 6,000 to 7,000 feet. Summers are cool and winters are mild. The western border is the Lincoln National Forest, and the southern border is the Mescalero Apache Reservation. Two leased tracts of state land are located within the boundaries of the property. Located at the end of a county road, the ranch is extremely privateperfect for both elk and hunters. Vegetation throughout includes meadows, ponderosa pine, and extensive pion pine and juniper forests. Water sources are developed throughout the property.
The elk of Wapiti Ranch are undisputedly exceptional. With free access to and from the trophy-managed Mescalero Apache Reservation, these herds are managed for quality. Bulls scoring 300 to 330 points are common, with larger animals in the 350+ range possible every year. Hunting-wise, Wapiti Ranch also benefits from unlimited landowner elk licenses on the property for both the archery season in September and the any-weapon season from October through December. Two mule deer tags have historically been issued to the ranch annually and bear and turkey tags available over the counter.
To state that Wapiti Ranch is well-situated as a big-game operation would be an understatement. Careful stewardship has maintained wildlife habitat of the highest quality, so in addition to elk, mule deer, black bears, mountain lions, coyotes, bobcats, and turkeys thrive here. Decades of satisfied hunters have taken large animals on this land, and the ranch comes with a client list and well-experienced guides and staff, ready to carry on the proud tradition of Wapiti Ranch.
On some ranches, hunting supplements a cattle operation; at Wapiti Ranch, the situation is reversed. The ranch has historically supported roughly 100 head, including 5 bulls for breeding. All improvements necessary for maintaining the ranching operation are included.
Ranch headquarters consists of a well-maintained, fully furnished ranch house with four bedrooms, two baths, and a stone fireplace. The original 1920 homestead still stands as well, lending a nod to its rich ranching heritage. Several other outbuildings and cattle-handling equipment round out the functional facilities available at the headquarters.
Ruidoso, one of southern New Mexico's prime tourist destinations, lies about 45 minutes away via county roads and U.S. Highway 70. Ruidoso is a popular resort offering fishing, hiking, mountain biking, kayaking, paddleboarding, and a mountain coaster. Restaurants are abundant, and the Spencer Theater for the Performing Arts hosts live performances year-round. For those inclined to try their luck, the Inn of the Mountain Gods Resort and Ruidoso Downs Racetrack will happily accept your wagers. The nearest regional airport is in Roswell, about 45 minutes to the east. Roswell has a hospital, full services, and its famous UFO Museum.
Some hunting operations must be built from the ground up, and others are available on a silver platter. Wapiti Ranch is solidly in the second category. If a world-class big-game business is in your sights, take serious aim at Wapiti Ranch, a proven turnkey operation just waiting for you to take the reins.
09/24/2025
$4,200,000
594 ac.
ACTIVE
Lincoln County - 331 Pne Ldg Rd, Capitan, NM
Perhaps one of the most sought after gentlemen's ranches in New Mexico. Nestled in a bowl of natural outcroppings, this ranch has the most stunning views of Sierra Blanca Mountain and the Capitan Mountains. This ranch is unique in the fact that it encompasses the Rancho De Caballos Subdivision in it's entirety and an additional 270 acres of ranch land. Also included in this package are two (2) brand new custom homes with the finest of finishes and upgrades. If that's not enough, there is a 180x300 pipe roping arena with return ally. This ranch offers a rare blend of stunning natural beauty, high quality improvements and the tremendous potential for livestock production, hunting, and recreation. Large mule deer bucks and B&C bull elk have been seen on this property. The ranch has 2 wells and a windmill, homes are on septic & natural gas. Whether you're seeking a legendary gentleman's ranch, premier hunting destination, or a productive small cattle operation, this ranch delivers.
02/25/2025
$480,000
4 ac.
ACTIVE
Lincoln County - 121 Buckboard Trail, Nogal, NM
Experience the beauty of the Southwest in this stunning 4-bedroom, 3-bathroom home, perfectly situated to capture breathtaking panoramic views of Sierra Blanca, the Capitans, and Spencer Theater. This unique property offers a serene and private setting with plenty of room to enjoy the outdoors. Step inside to find a spacious and inviting layout, featuring beamed ceilings, and large windows that showcase the incredible scenery. The well-appointed kitchen opens to a cozy living area with a fireplace, creating a perfect space for relaxation and entertaining. Equestrians and hobbyists will love the small horse corrals with pasture, a versatile studio, a fully equipped 12X24 workshop, and a 32x32 barn, providing ample space for storage, projects, or livestock.
06/13/2025
$679,000
0.34 ac.
ACTIVE
Lincoln County - 111 Coker Lane, Ruidoso, NM
Spacious 4BR/3BA home in Ruidoso's White Mountain Meadows featuring 3,061 sqft, radiant floor heating, stainless appliances, pellet & wood-burning fireplaces. Enjoy wooded views from the back yard patio or the large front porch. Located on a 0.35-acre wooded lot offering comfort, style, and New Mexico mountain living.
Improvements
Welcome to 111 Coker Lane, a 4-bedroom, 3-bathroom residence tucked away in the gated White Mountain Meadows subdivision of Ruidoso. Situated on a wooded 0.35-acre lot, this contemporary mountain home offers over 3,000 square feet of well-designed living space, blending luxury, comfort, and the tranquility of the outdoors.
Inside, you'll find a warm and functional layout featuring a spacious family room with a pellet stove, a formal dining area, and a cozy living room ideal for everyday living. The chef's kitchen is a standout, complete with stainless steel appliances, a double oven, cooktop, convection oven, pantry, recessed lighting, and a bright eat-in breakfast nook.
The main-level primary suite offers a private retreat with its own wood-burning fireplace and direct outdoor access. Three additional bedrooms provide flexibility for family, guests, or workspace, while two full bathrooms and a guest powder room are stylish and well-appointed.
Radiant floor heating and central air ensure year-round comfort, while abundant interior storage and a dedicated craft or storage room on the ground level enhance daily convenience.
Step outside to enjoy peaceful forest views from the balcony or relax on the inviting front porch. The fully fenced lot includes garden space and a circular driveway for easy access. An oversized two-car garage with built-in work areas provides additional functionality and room for gear or hobbies.
Located in a quiet, gated community near town, this exceptional Lincoln County property offers the perfect blend of privacy, character, and convenienceideal for full-time living or a mountain getaway.
07/19/2024
$20,000
10.1 ac.
ACTIVE
Lincoln County - 218 Indigo Loop, Ancho, NM
Large 10 acre parcel that backs up to no mans land. 360 degree views of the mountains of southern New Mexico. Electric, Water, and Fiber available at the street.
05/14/2024
$715,000
53.9 ac.
ACTIVE
Lincoln County - 112 Ridley, Capitan, NM
Introducing this 50-acre ranch property! With scenic views of Sierra Blanca. This cozy two-bedroom, two-bathroom ranch house has an open floor plan, newer mini splits and a wood stove for those extra cold nights. 3 stall barn, shop and tack shed, large covered hay storage and working pens around the barn. Enjoy the rural charm yet being close to town while benefiting from practical cross-fenced pastures. Your ideal ranch lifestyle starts here, surrounded by nature's beauty.
05/22/2024
$75,000
0.6 ac.
ACTIVE
Lincoln County - 208 Timberline Drive, Ruidoso, NM
Large city lot in great location. Very nice, large ponderosa pines on the property. Easy access to town. Seller believes all city utilities are available; water, sewer, natural gas, electricity, cable, etc. Buyer to verify. Build you dream home here!
09/04/2025
$1,750,000
17 ac.
ACTIVE
Lincoln County - 27370 U.S. 70 Frontage Road, Glencoe, NM
Enchantment Farm is truly enchanted. This 17 acre irrigated farm along the Rio Ruidoso River is the most peaceful setting in the valley. Custom 3BR/2-1/2BA home sits stately above the irrigated pastures of globe willows and poplars. The main home is one level, 3056 sq ft of living space with updated kitchen fireplace and radiant floor heat. You'll love the 16'x16' outdoor covered patio with fireplace. Guest house was built in 1905 and has 2BR/2BA. Brand new well installed 3/2023. 17.28 acre feet of 1864 senior water rights from the Antonio Sanchez Ditch via 12'' underground pipeline through 34 large Rainbird sprinklers. Barn is made of adobe and open for good ventilation. There is also a 50 yard & 100 yard shooting range. This property is special and there's too much to list...
08/15/2025
$435,000
0.75 ac.
ACTIVE
Lincoln County - 112 North Lane, Ruidoso Downs, NM
29 Stall horse barn with paddocks and 4 bedroom single level home just feet away from the Ruidoso Downs Race Track. This property is set up to hold a lot of horses and sit on the porch and enjoy the view. An older built home with large wood burning fireplace 4 bedrooms 1-1/2 baths, large fenced yard, double carport and good parking. If you're in the race horse business or looking to lease stalls to others this is an ideal property. This property did not flood. All City utilities and natural gas. Zoned AR2. Call today!
11/18/2025
$50,000
0.29 ac.
ACTIVE
Lincoln County - 103 Jemez Road, Ruidoso, NM
This is a nice lot in Forest Heights. The home burned but the lot has been cleaned. The septic system is still in existence but will need to be evaluated. The property was on City Water and Natural Gas. Buyer to verify utilities. This is a very private area just feet away from the National Forest. All homes in this area must be site-built homes with a minimum of 1200 square feet.
10/21/2025
$42,000
0.5 ac.
ACTIVE
Lincoln County - L193 Saddleback Road, Alto, NM
Alto Lakes Golf & Country Club Full Golf Membership lot!! Here's your opportunity to own a very buildable level lot consisting of 0.50 acres. Ownership of this lot includes access to three (3) golf courses, three (3) dining facilities, tennis, pickleball, card rooms, newly completed fitness and aquatic center with indoor and an outdoor pool. There is no paving assessment on this lot as it has been paid in full. Buyer to verify utilities, septic required if you are planning to build. Buyer to pay one-time initiation fee for Full Golf membership: $25,000 + tax and then annual fees.
10/06/2025
$39,500
0.53 ac.
ACTIVE
Lincoln County - 113 & 115 Westbury Drive, Ruidoso, NM
Just over 0.50 acres combined, these two adjoining vacant lots are located in the Black Forest subdivision and offer valley and forest views. The terrain slopes downward, providing potential for a walkout of multi-level build. Minimum 1,400 sq. ft. building requirement. Utilities are available in the are; buyer to verify availably and connection.
08/04/2025
$995,000
3.03 ac.
ACTIVE
Lincoln County - 108 Skyhawk Lane, Alto, NM
Tucked away in a small gated community is this custom 5-bedroom, 5.5-bath Southwest-style home is ideally located near the prestigious Alto Lakes Golf Course. Set on 3 private acres, the home offers breathtaking Sierra Blanca views and a peaceful, secluded setting. Thoughtfully designed across three levels, the top floor features a spacious master suite The second floor includes three additional bedrooms and bathrooms, perfect for family or guests. On the lower level, a fifth bedroom and bath with a private entrance provide flexible space for a guest suite, home office, or rental potential. This property is also available with or without a separate lot that conveys a full golf membership to Alto Lakes and Outlaw courses and amenities!
02/07/2025
$53,000
0.17 ac.
ACTIVE
Lincoln County - 150 Spring Canyon Road, Ruidoso, NM
Prime opportunity to own a centrally located lot, perfect for building your dream home! Nestled in the heart of the community, this property offers convenient access to schools, shopping, dining, and entertainment. Buyer to verify building requirement and viability of utilities, septic, and well.
02/07/2025
$54,900
4.06 ac.
ACTIVE
Lincoln County - 162 Elk Trail, Nogal, NM
Escape to the tranquility of country living with this beautiful 4-acre property, perfect for those seeking space and privacy. Endless possibilities with a 1,000 square foot minimum build requirement. Well and septic system are required, giving you flexibility to design your utilities to fit your needs. Enjoy the wise-open skies while still being within reach of modern conveniences.
08/04/2025
$39,900
0.15 ac.
ACTIVE
Lincoln County - 303 Pine Road, Ruidoso, NM
Great Lot for a Tiny Home! Small, fairly level lot in town with all city utilities available (buyer to verify). Convenient location near schools, shopping, and more. Ideal for a tiny home or investmentdon't miss this opportunity!
01/30/2025
$25,000
0.27 ac.
ACTIVE
Lincoln County - 119 Tonto Drive, Ruidoso, NM
Just over a quarter of an acre of vacant land for you to build your dream home. 500 feet to the National Forest for all your outdoor adventures, yet conveniently located close to town. Buyer to verify building requirements and utilities
09/08/2025
$19,250,000
8000 ac.
ACTIVE
Lincoln County - Wapiti Ranch, Glencoe, NM
“Wapiti” is the Native American word for elk—and Wapiti Ranch lives up to its name, offering some of the best elk hunting experiences in the Southwest. Located in historic Lincoln County, New Mexico, this remarkable property shares a 3.2-mile border with the renowned Mescalero Apache Indian Reservation—widely considered one of the premier big game hunting regions in the state. With its rugged landscape, abundant wildlife, and exclusive access, Wapiti Ranch stands as a top destination for serious hunters and outdoor enthusiasts alike.
Turnkey Hunting Operation with Proven Management
Wapiti Ranch is a fully operational, turnkey hunting enterprise offering immediate income potential and seamless transition for new ownership. The ranch comes complete with established infrastructure, experienced guides, and a seasoned management team already in place, ensuring smooth, uninterrupted operations. With decades of successful outfitting, guaranteed landowner elk tags, and an elite client base, Wapiti Ranch represents a rare opportunity to step into a well-managed, profitable hunting business from day one. Whether you're a seasoned outfitter or an investor seeking a high-value recreational asset, this ranch delivers both legacy and lifestyle.
Step Into a Turnkey Ranching & Hunting Operation
The sale of Wapiti Ranch includes everything needed to operate on day one—a truly turnkey, going concern. The seller is taking only personal belongings; all items associated with ranch and hunting operations will convey with the property. Included in the sale are approximately 100 head of cattle and 5 registered bulls, offering immediate livestock production value if you are so inclined. Also included is all rolling stock, tools, ranch vehicles, and equipment—from tractors and ATVs to fencing supplies and handling gear. With a fully staffed management team already in place, Wapiti Ranch offers a seamless handoff for buyers looking to take over a fully functioning, revenue-generating ranch from first day of ownership..
A Legacy Ranch, Ready for the Next Steward
The sellers’ motivation is rooted in legacy and family—they are seeking to transfer Wapiti Ranch in the most systematic and organized manner possible as part of a long-term estate strategy. This is not a distressed sale, but rather a thoughtful transition of stewardship. Wapiti Ranch has been meticulously maintained and managed, reflecting decades of dedication to land, wildlife, and livestock. It is a rare opportunity for a discerning outdoor enthusiast or ranching family to step into a generational asset. With unmatched elk hunting, productive cattle operations, and sweeping mountain landscapes, Wapiti Ranch offers more than a business—it offers a lifestyle and legacy worthy of preservation.
Buyer Opportunity: Own a Piece of New Mexico’s WildlifeHeritage
Wapiti Ranch represents a once-in-a-lifetime chance to own a fully operational, legacy hunting and cattle ranch in the heart of New Mexico’s prized Lincoln County. With its prime location adjacent to the Mescalero Apache Reservation, established management, complete infrastructure, and abundant wildlife, this property offers immediate income and lifestyle benefits. Whether you’re an experienced outfitter, rancher, or outdoor enthusiast, Wapiti Ranch invites you to carry forward its rich heritage while building your own legacy. Step into an opportunity where business meets adventure—this is more than real estate; it’s a way of life.
Ranch Overview
Location: Approximately 11 miles southwest of Tinnie, New Mexico, bordering the Mescalero Apache Indian Reservation for about 3.5 miles.
Size: 8,000 acres MOL.
Topography: Features steep hills, canyons, open ridge tops, and elevations reaching up to 7,000 feet.
Vegetation: Dominated by piñon and ponderosa pine trees, with juniper covering the terrain.
Wildlife: Home to elk, mule deer, turkey, and black bear.
History: Acquired by the current owners in 2001 from the family of actor Joel McCrea, who owned it for 17 years. Prior to that, it was known as the Gibson Ranch for 65 years.
Hunting Opportunities
Elk Hunting: Offers private land elk hunts with guaranteed authorization tags, eliminating the need for participation in the public draw system.
Turkey Hunting: Merriam's turkey hunts are available.
Additional Game Opportunities to harvest black bears, mountain lions, coyotes, and bobcats.
Hunting Methods: Accommodates bow, muzzleloader, and rifle hunters.
Season: Hunts commence as early as September.
Access & Transportation
Proximity: Located about one hour from Roswell, New Mexico. Minutes from Ruidoso.
Airports: Accessible via Albuquerque, Roswell, or Lubbock airports.
1
2
3
4