Coe Ranch, Lincoln County, Glencoe, NM - For Sale


Price: $5,000,000

Fallon-Cortese Land
575-355-2855
nick@ranchseller.com


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Under Contract
Property Type: Ranches
House Type: Southwest
Bedrooms: 5
Bathrooms: 4.5
Square Feet: 6000

The Property: This historic and enchanted ranch in now available for your consideration.  The Coe Ranch is located in the heart of Billy The Kid Country and the lush and beautiful Ruidoso River Valley in Glencoe, New Mexico.  The ranch is comprised of 300 +/- deeded acres, 4550 acre Forest Lease and a section of State Lease.  The famouse Coe Ranch, which was established in the 19th Century, is steeped in history and offers luxury living, recreation and a multifaceted ranching operation.  Just minutes from the resort town of Ruidoso, NM wich hosts casinos, skiing, hiking, shoppig, dining and horse racing.  The Coe Ranch with its historic red barn is without a doubt the "Jewel Of The Valley". Terrain & Vegetation: The terrain varies from irrigated fields along the Ruidoso River to hilly/mountainous lands on the allotment.  At an altitude of 5600', the Coe Ranch is mostly level nestled in amongst tall cottonwoods, poplars, globe willows, spruce, apple and pear orchards and numerous other decorative and flowering trees.  The landscaping is exquisite around the main home with manicured lawns, rose gardens, and prennials and annuals growing along the irrgation ditch flowing through the yard.  The pastures are planted in fescue or fescue-cross grasses.  Other trees on the ranch include juniper, ponderosa pine and pinon.  There is some grama grass and some sacatone located throught the outskirts of the irrigated pastures. Water: The Coe Ranch is perhaps one of the best watered ranches in the valley.  There are 88.1 acres of Senior Water Rights dating back to 1867.  Pastures are irrigated with an irrigation well, ditch water and a new pivot with reservoir.  There are a total of 7 wells including domestic, livestock and irrigation.  Live water runs through the ranch and the Ruidoso River traverses the ranch for over a mile. Livestock Operation: The Coe Ranch is a versatile cattle operation with the irrigated pasutres and the forest permit.  In the last few years, the ranch pre-condidtioned several hundred head of yearlings and is curretly carrying 60 head of mother cows year-round.  The forest allotment is permitted for 60 AUYL. Equipment: The improvements are impeccable.  The main home is a luxurious adobe hacienda with 6000 sq ft, 5 bedrooms and 4-1/2 baths, office, roaring ceilings with hand-hewn beams and corbals, wood and tile floors, large kitchen and an abundance of room for entertaining the largest crowds.  Other residences on the ranch include a bunk house and two (2) manufactured doublewides.  Other improvments include a 150'x300' roping arena with coyote fencing, covered boxes, return ally and stripping chute.  A new horse barn is located near the main home.  Adjacent to the horse barn is a Preifert free-style horse exerciser and hay storage.  The cattle working pens are covered for year-round operations.  There are many other outbuilding and shops including the famous Coe Ranch Red Barn. Wildlife: Elk herds numbering over 50 head have been seen grazing the fields and drinking from the river.  Mule deer, turkey, mountain lion, bear and barbary sheep roam the region.  The ranch has not been hunted in a number of years. Taxes & Fees: 2018 taxes were $5,400 Broker Notes: The historic Coe Ranch, as portrayed in the book "Ranch On The Ruidoso" and depicted on canvas by famed artist Peter Hurd, is undeliably themost beautiful ranch in Lincoln County, New Mexico.  You will not find a more magnificent, live water ranch with such diversity.

















































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