M4 Ranch Group Blog

Top 10 New Mexico Ranches for Sale: June 2025 Broker Picks

Picturesque view of Rancho Vista Del Valle at Sunset, with hillside foliage and road access leading to vibrant orange-violet clouds over mountain peaks

Welcome to our Industry Expert and Broker Series, where we showcase the best Ranches for sale; curated by our professional Ranch Brokers at M4 Ranch Group who know the lay of the land, like the back of their hands.

In this edition, we turn our attention to New Mexico, presenting the “Top 10 New Mexico Ranches for Sale“.


Featured New Mexico Ranch Broker’s: Dan Murphy ALC, Seth Craft ALC & Butch Porter

Our featured ranch broker for this installment is not 1, nor 2 but 3 of our award winning brokers; Seth Craft ALC, Dan Murphy ALC and Butch Porter of M4 Ranch Group; who bring a wealth of experience, expertise, authority and a keen eye for exceptional properties. Ensuring that each property is carefully evaluated for its ecological value, water resources, and potential for supporting traditional uses like farming, ranching, and outdoor recreation.

Join us as we explore our brokers’ top ranches for sale in New Mexico, from working cattle ranches, sporting hunting ranches to mountain retreats. Whether you’re in the market for a new property or simply dreaming of the possibilities, this list promises to showcase the very best that New Mexico has to offer in May 2025.


Seth’s, Butch’s & Dan’s Top 10 NM Ranches for Sale

#1: Rancho Vista Del Valle

Picturesque view of Rancho Vista Del Valle at Sunset, with hillside foliage and road access leading to vibrant orange-violet clouds over mountain peaks

  • State/Town: Carrizozo, New Mexico
  • Price: $26,500,000
  • Deeded Acres: 18,024± Deeded Acres
  • Why is this New Mexico Ranch in the top 10?
    • “Bordering over 10 miles of Lincoln National Forest with direct access to the White Mountain Wilderness, the ranch features 11 homes, including modern residences and high-elevation cabins, as well as top-tier equestrian and livestock facilities—such as a full-size horse racetrack, 34 horse stalls, breeding barns, and 16 pastures. Generating approximately $250,000 annually from hunting and $300,000 from cattle operations, it also holds valuable hunting tags in GMU 36, known for trophy elk like a recently harvested 418” bull. With 10 ponds, a 3-mile asphalt driveway, and a location just 20 miles from Ruidoso, the ranch offers a rare combination of privacy, access, and legacy quality assets in one of the Southwest’s most coveted regions”
  • Key Features:
    • Acreage:
      • 18,024± deeded acres with 10+ miles of border shared with Lincoln National Forest and direct access to the White Mountain Wilderness
    • Infrastructure:
      • 11 homes, including two newer builds and four high-elevation cabins near the forest, barns, breeding facilities, a hay barn, and shops
    • Income Potential:
      • Historically earns $250,000± annually from hunting and $300,000± from cattle operations
    • Agricultural and Equestrian Amenities:
      • 34 horse stalls, a full-size horse racetrack, 16 pastures, cross-fencing, vinyl fencing, a hot walker, and a loading chute
    • Prime Hunting Location:
      • Situated in Game Management Unit 36, the ranch historically receives 12 archery and 16 rifle tags, with a history of producing trophy elk, including recently harvesting a 418” bull
    • Water and Land Resources:
      • 10 ponds, extensive fencing, and ample grazing land
    • Accessibility:
      • Just 20± miles from Ruidoso and 10 miles from Carrizozo, with a 3±-mile asphalt driveway leading to one of the high cabins
  • Broker statement:
    • Seth Craft ALC states:
      • “Rancho Vista Del Valle is the pinnacle when it comes to elk hunting, a premier 18,024± deeded acre legacy ranch in the heart of New Mexico, offering an exceptional blend of scale, infrastructure, income potential, and natural beauty”
  • Is this New Mexico Ranch For Sale?

#2: Great Western Ranch

  • State/Town: Quemado, New Mexico
  • Price: $115,000,000
  • Deeded Acres: 225,582± Deeded Acres
  • Why is this New Mexico Ranch in the top 10?
    • Seth Craft states: “Spanning over 504,801± acres in western New Mexico and the Arizona border, this ranch is one of the largest and most diverse ranch holdings in the United States. Comprising 225,582± deeded acres along with significant state, BLM, and BIA leases, it lies in a prime region 12 which is a core unit known for exceptional big game hunting and livestock grazing. Well-watered and meticulously managed, the ranch features over 2,200 miles of fencing, 134 pastures, 86 operational wells, and a variety of water sources that support one of the country’s largest cattle operations. Improvements are very practical and extensive, including housing, outbuildings, and road infrastructure”
  • Key Features:
    • Expansive Acreage:
      • Deeded Acres: 225,582±
      • State Leased Acres: 109,192±
      • BLM Leased Acres: 167,593±
      • Total Leased Acres: 276,785±
      • Total Acres: 502,367±
    • Buildings:
      • Housing, ranch outbuildings, and livestock handling facilities are extensive and spread strategically throughout the ranch. The headquarters at Great Western offer a primary lodge, ranch manager’s home, foreman’s home, hired man home, separate office, storage barn, barn with pens, hay barn, equipment shop, new three-sided barn, and numerous agricultural outbuildings, and corrals
      • There are a total of eight residences throughout the ranch
    • Recreational Amenities:
      • Ranch Only Tags: 47 Either Sex Rifle, 27 Either Sex Archery, 187 Cow Only Rifle (50 are depredation tags granted in December
      • Unit Wide Tags: 20 Mature Bull Rifle, Six Either Sex Archery, 13 Cow Only Rifle
      • York Ranch Unit 13 (Unit Wide): Three Mature Bull Muzzleloader, Three Either Sex Archery, Two Cow Muzzleloader
      • GW Unit 12 Pronghorn Allocations: 15 PCRP (Pronghorn Conservation Recognition Program) tags – Any three consecutive days between August and December, Over the-counter general season tags for rifle and archery
      • GW Unit 12 Deer Allocations: (Two) PLDIP Dec/Jan Mule Deer Buck Rifle – Any five consecutive days during those months, (Two) PLDIP November Mule Deer Buck Rifle – Any five consecutive days during that month, Over-the-counter general season tags for rifle, archery, and muzzleloader
  • Broker statement:
    • Seth Craft ALC states:
      • “The Great Western Ranch is one of the top ten Ranch’s that I’ve admired for years, rich in wildlife and history, the property includes archaeological sites and participates in an incredibly profitable hunting lease with Black Mountain Outfitters. With unmatched scale, and income potential, the Great Western Ranch is a rare, irreplaceable asset.”
  • Is this New Mexico Ranch For Sale?

#3: Bear Springs Ranch

New Mexico Sunset, casting shadows and a beautiful orange glow on the trees and red terrain of Bear Springs Ranch

  • State/Town: Grants, New Mexico
  • Price: $28,554,000
  • Deeded Acres: 8,158± Deeded Acres
  • Why is this New Mexico Ranch in the top 10?
    • Butch Porter states: “This third-generation working cattle ranch supports a 300-head operation and boasts abundant wildlife, including trophy-class elk and mule deer, making it a prime destination for hunting enthusiasts. The ranch’s diverse landscape—featuring ponderosa pines, oak groves, and meadows—along with its reliable water sources from Cottonwood Creek, Rio Nutria, and multiple wells and ponds, ensures sustainability for both livestock and wildlife. Its location in Game Management Unit 10, known for Boone and Crockett genetics, further enhances its appeal. With existing infrastructure like modern cattle pens, well-maintained fencing, and road systems”
  • Key Features:
    • Acreage:
      • 8,158± deeded acres of diverse terrain, including grasslands, creek bottoms, and timbered ridges
    • Hunting:
      • The hunting potential of this property is exceptional, with its location in Game Management Unit 10 which has documented Boone and Crockett genetics with Bulls reaching the magical 400 inches. Mule Deer Boone & Crockett genetics as well. Mule deer documented with a staggering score of 230 inches on the ranch. The E-Plus enrollment ensures annual Rocky Mountain Elk Tag allocations, providing trophy-class hunting opportunities
    • Water Resources:
      • The ranch has 3 wells, multiple developed springs, and 12 stock ponds that sustain both livestock and wildlife year-round. Cottonwood Creek flows along the east side, while Rio Nutria, with its 75-acre feet of adjudicated water rights, enhances the west side, creating a reliable and sustainable water source
    • Livestock:
      • Modern cattle working pens, well-maintained pasture fencing, and an established road system allow for efficient livestock management
    • Location and Accessibility:
      • Bear Springs Ranch is 45 minutes from Gallup, where a municipal airport accommodating large jets is available, and 2± hours from Albuquerque International Airport. Well-maintained roads provide year-round access, ensuring consistent usability for both personal and operational purposes
  • Broker statement:
    • Butch Porter states: “Bear Springs Ranch in Cibola County, New Mexico, spans over 8,150 acres of stunning mountain terrain, offering a unique blend of natural beauty and investment potential. An exciting opportunity for investors considering subdivision into smaller ranches, catering to the growing demand for recreational and agricultural properties within the region.”
  • Is this New Mexico Ranch For Sale?

#4: Atarque Ranch

  • State/Town: Fence Lake, New Mexico
  • Price: $68,500,000
  • Deeded Acres: 97,825± Deeded Acres
  • Why is this New Mexico Ranch in the top 10?
    • Seth Craft ALC states: “The Atarque Ranch is a premier 109,308± acre wildlife and livestock property in west central New Mexico, featuring 97,825± deeded acres and 11,483± acres of State lease in a highly private and remote setting. Located in GMU 12 and renowned for its trophy bull elk, mule deer, and pronghorn, the ranch boasts diverse topography, from dramatic plateaus and canyons to open grasslands. With 26 wells, one spring, and 105 stock ponds, it holds a water decree for nearly 60 acre-feet in the Zuni River Basin. Modest but functional improvements support ongoing cattle and hunting operations, and access is convenient via Highway 36 near Fence Lake”.
  • Key Features:
    • Large Acreage, comprising of:
      • 97,825± deeded acres
      • 11,483± state lease (Lease No. GM-2706-0000)
      • Total acreage is 109,308±
    • Location:
      • Located 16.7± miles northwest of Fence Lake and 56.4± miles from Quemado, New Mexico
      • Located 60 miles south of Gallup, 162± miles from Albuquerque and 167± miles from Albuquerque International Sunport
      • Springerville and Springerville Airport are approximately 105± miles from the ranch
    • Live Water:
      • 26 livestock wells, one livestock spring, 105 surface runoff ponds
    • Hunting:
      • Located in GMU 12 and participates in New Mexico’s EPlus system
      • Currently, the ranch receives six bull elk archery tags, six bull elk rifle tags and two pronghorn antelope tags, which can be restructured by New Mexico Game and Fish
  • Broker statement:
    • Seth Craft ALC states:
      • “Rich in Native American and homesteading history, the land offers exceptional views, biodiversity, and seclusion, making it one of the most attractive large-acreage ranches currently available”
  • Is this New Mexico Ranch For Sale?
    • Yes – But not with M4

#5: X Spear Elk & Cattle Ranch

Three Hunters pose proudly next to Trophy Elk at night, on X Spear Elk & Cattle Ranch, a New Mexico Ranch For Sale

  • State/Town: Quemado, New Mexico
  • Price: $4,160,000
  • Deeded Acres: 3,200± Deeded Acres
  • Why is this New Mexico Ranch in the top 10?
    • Butch Porter states: “Spanning 3,200 acres in the heart of Unit 12, one of the premier trophy elk hunting areas in the state, this ranch delivers year after year on high-demand tags for elk, antelope, mule deer, and turkey. It’s a hunter’s dream with a track record to back it up, offering a rare mix of private land tags and world-class game habitat. The terrain is classic New Mexico, rolling hills covered in piñon, juniper, and native grasses with excellent cover and abundant water from five wells, making it ideal for both wildlife and cattle. The working cattle side supports around 60 pairs and includes a valuable state grazing lease. A large 40×80 barn with power and water provides a flexible foundation for a hunting lodge, rental operation, or private retreat”
  • Key Features:
    • Hidden In Plain Sight:
      • Just 4± miles north of Highway 60, this ranch offers the perfect balance of seclusion and accessibility. Set between Quemado and Pie Town, NM, it’s close enough for convenience yet remote enough to keep the world at bay
    • Trophy Hunting Grounds:
      • In the heart of Game Unit 12, X Spear Elk & Cattle Ranch is renowned for its world class hunting, consistently producing trophy elk, antelope, and mule deer that draw hunters from across the country
    • Working Cattle Ranch:
      • The land’s agricultural status is maintained through a thriving cattle operation, supporting around 60± pairs and ensuring the ranch remains productive and sustainable
  • Broker statement:
    • Butch Porter states:
      • “X Spear Elk & Cattle Ranch in Catron County, New Mexico, is a true gem for investors seeking a boutique-sized property with outsized potential. Whether you’re looking to generate income through hunts, cattle, or future development, the X Spear Ranch combines exceptional hunting, steady ag returns, and prime location into one outstanding investment opportunity”
  • Is this New Mexico Ranch For Sale?
    • Yes – don’t miss your chance to own this exceptional New Mexico Ranch For Sale with M4 Ranch Group – contact us today to explore this outstanding investment opportunity

#6: Dawson Elk Valley Ranch

  • State/Town: Cimarron, New Mexico (Colfax County)
  • Price: $96,000,000
  • Deeded Acres: 50,039 +/- Deeded Acres
  • Why is this New Mexico Ranch in the top 10?
    • Seth Craft ALC states: “The Dawson Elk Valley Ranch is a vast and scenic 50,039-acre Legacy Ranch in northern New Mexico, surpassing the size of Santa Fe and surrounded largely by Ted Turner’s Vermejo Park Ranch. Located near Cimarron and within an hour of Raton, Angel Fire, and Red River, the ranch features over 11 miles of the Vermejo River, diverse terrain rising from 6,160’ to nearly 8,000’, and habitats ranging from river valleys to forested mountain slopes. Rich in wildlife, including elk, deer, antelope, bear, and lion, the property offers exceptional hunting, alongside senior water rights, 50% of the mineral rights, and basic ranching infrastructure”
  • Key Features:
    • Large Acreage, comprising of:
      • 50,039 acres of beautifully diverse mountain terrain in northern New Mexico rising nearly 1,800’ in elevation from the plains
      • Practically surrounded by Ted Turner’s Vermejo Park Ranch, biologists estimate there are over 10,000 elk that roam the more than 600,000 acres that comprise the Dawson Elk Valley Ranch and its neighbor
      • 11 miles of Vermejo River bottomland meadows and riparian cottonwood-willow woodlands containing 17 river/streambank miles
      • Thousands of acres of mountainous pinon-juniper, woodland, and ponderosa pine forest, and cottonwood lined riparian corridor along the Vermejo River
    • Wildlife:
      • Abundant wildlife including elk, deer, antelope, turkey, bear, and lion
    • Location:
      • Within an hour of the communities of Raton, Angel Fire, and Red River; all with basic amenities and the latter two with operating ski areas
    • Resources and Rights:
      • Senior water rights
      • Significant mineral resources
  • Broker statement:
    • Seth Craft ALC states:
      • “Its size, natural resources, and prime location present a rare opportunity to own a legacy landholding in the American West. This Ranch has some of the best elk hunting in the west”
  • Is this New Mexico Ranch For Sale?

#7: Trophy Elk

Expansive Vistas of the Zuni Mountains stretch across the horizon, above Expansive New Mexico Grasslands and Hunting Terrain of Trophy Elk Ranch

  • State/Town: Grants, New Mexico
  • Price: $7,484,000
  • Deeded Acres: 4,276+ Deeded Acres
  • Why is this New Mexico Ranch in the top 10?
    • Butch Porter states: “With nearly 4,300 deeded acres, several ponds and drinkers, this ranch has an incredible habitat, holding both resident and migratory elk. Situated in the scenic and historically rich high desert of Cibola County, this property offers panoramic views of the Zuni Mountains to the north and striking sandstone cliffs to the west that rise above beds of Ponderosa and piñon pine. Trophy Elk Ranch Estate stands out as a significant holding in one of New Mexico’s most flexible and game-rich units. With year round access, established hunting credentials, and investment-grade acreage, this property is well-suited for private recreational use or a high-impact hunting retreat. Trophy-class elk, accessible terrain, and prime location make it an enduring legacy asset in New Mexico”
  • Key Features:
    • Acreage & Location:
      • 4,276.12± deeded acres with highway access, county road frontage, and power on two sides
    • Scenic Views:
      • Expansive vistas of the Zuni Mountains and dramatic sandstone formations
    • Wildlife & Hunting:
      • Resident elk herd with seasonal migration, trophy-class mule deer, turkey, and black bear
    • Tags & Game Management:
      • Generous landowner tag history with flexible seasons from September to December (Trophy Elk Ranch, also provides several landowner tags for unit 10 New Mexico)
    • Infrastructure & Water Resources:
      • Perimeter fencing, interior ranch roads, solar well, and multiple stock ponds
    • Wildlife Habitat:
      • Exceptional big game terrain featuring arroyos, rubs, wallows, and active migration corridors
  • Broker statement:
    • Butch Porter States:
      • “This Ranch should make both an incredible elk and cattle ranch with easy access off the highway”
  • Is this New Mexico Ranch For Sale?

#8: Oden Lake Ranch

  • State/Town: Fort Sumner, New Mexico
  • Price: $9,894,020
  • Deeded Acres: 14,246 Deeded Acres
  • Why is this New Mexico Ranch in the top 10?
    • Dan Murphy states: “Oden Lake Ranch offers excellent water distribution via 13 wells (electric, solar, and windmill) and 23 troughs on a buried pipeline system. Fencing, working pens (with hydraulic chutes), and a high-quality owner’s home round out the turnkey setup. Terrain includes rolling grasslands, scenic breaks, and juniper outcrops, all contributing to sustainable forage and aesthetics. Bonus value comes from included New Mexico State and Bureau of Reclamation leases, adding over 2,200 acres of controlled grazing at very low cost. The property also supports recreational income potential, with hunting for pronghorn, mule deer, and blue quail”
  • Key Features:
    • Location:
      • Approximately 8.5 miles north of Ft. Sumner in northern DeBaca County. U.S. Highway 84 splits the ranch providing excellent access to the ranch headquarters, which are east of the highway
    • Livestock:
      • The ranch has traditionally been operated as a cow/calf ranching unit, and the property has been conservatively stocked, and well managed. Historic stocking rates indicate a carrying capacity of 300 – 350 animal units
    • Water:
      • A total of 13 wells consisting of 4 electric, 3 solar, and 6 windmills water the ranch via pipeline and 23 total drinking troughs. Most are 12’ rubber tire drinkers with a few steel rim drinking troughs. Floats are located in separate float chambers outside of the drinkers, which protects these floats from breakage. The buried pipeline network is mostly 2” welded black poly. Wells vary in depth from 80 ft.-250 ft
    • Hunting:
      • Pronghorn antelope and Mule Deer are the big game species on the ranch. Generally, there is a good Blue or Scaled Quail population. Additional income can be generated from this hunting enterprise should an owner desire
  • Broker statement:
    • Dan Murphy states:
      • “While not an M4 Ranch Group listing, Oden Lake Ranch is absolutely one of my top 3 value buys currently on the New Mexico ranch market. With over 14,200± deeded acres, this well-managed cow/calf operation near Fort Sumner combines strong livestock capacity (300–350 AU) with a complete set of working improvements and efficient infrastructure. At $695/deeded acre, Oden Lake Ranch represents a rare opportunity to acquire a large-scale, low-cost operating ranch with excellent access, water, and revenue options. This is a property that truly stands out in today’s market, if you’re serious about buying in New Mexico, Oden Lake Ranch should be on your shortlist”
  • Is this New Mexico Ranch For Sale?

#9: Oso Creek Ranch

  • State/Town: Ramah, New Mexico
  • Price: $2,950,000
  • Acres: 2,080 +/- Acres
  • Why is this New Mexico Ranch in the top 10?
    • Dan Murphy states: “Located east of Ramah, this 2,080± acre ranch borders Cibola National Forest at the edge of the Zuni Mountains. It combines strong year-round cattle capacity with outstanding big game hunting, typically receiving 5–6 elk tags annually, with bulls pushing 400″. The terrain varies from grasslands to pine ridges, ideal for elk, mule deer, and turkey. The property is steeped in Southwest history, minutes from El Morro National Monument and surrounded by Zuni and Navajo lands. Improvements include a 3,100± sq ft Santa Fe-style home, two guest cabins, multiple water sources, fencing, and a hay barn. Ramah is nearby, with Albuquerque just two hours away”
  • Key Features:
    • Acreage:
      • 2,080+/- deeded acres adjacent to remote national forest
    • Hunting:
      • Trophy elk hunting with bulls in the 350″+ range, also qualifies for annual landowner elk tags. The ranch usually receives 5-6 elk permits per year, and bull elk measured at 400+ inches are regularly taken in the vicinity
    • Cattle:
      • The lower 1,700 Acres of Oso Creek Ranch have been managed for cattle grazing, supporting 40-50 head year-round. This section is fully fenced and includes a hay barn to support the ranch operation
    • Buildings:
      • Owner’s home, two cabins, and outbuildings
      • The ranch house is a stunning Santa Fe style home of 3100 square feet, and features an open floorplan and an interior courtyard. Granite and marble countertops, tiled floors, and a kiva fireplace give this home an authentic Southwest flavor, and it includes three bedrooms and two baths
      • In addition, two nearby guest cabins ensure space and comfort for visitors
  • Broker statement:
    • Dan Murphy states:
      • “As someone who’s spent decades in the ranch world, I believe Oso Creek Ranch ranks among the top properties in New Mexico. While it’s not an M4 listing, it holds real weight in today’s ranch market. If you’re seeking trophy elk, rich history, and a turnkey western retreat—Oso Creek Ranch is one of the best”
  • Is this New Mexico Ranch For Sale?

#10: Pitchfork Ranch

  • State/Town: Silver City, New Mexico
  • Price: $4,900,000
  • Deeded Acres: 5,160± Deeded Acres
  • Why is this New Mexico Ranch in the top 10?
    • Dan Murphy states: “Located just 30 miles south of Silver City, the Pitchfork spans 11,393± acres; including 5,160± deeded acres, 3,597± BLM lease acres, and 2,626± state lease acres with elevations ranging from 5,150’ to 5,650’. Its standout feature is nine miles of the Burro Ciénaga, a rare, marsh-like desert wetland that makes this one of the most ecologically important private properties in the region. The Pitchfork contains the only ciénaga restoration project on private land in New Mexico, and over $1 million has been invested in habitat restoration. Ciénagas store up to five times more carbon than forests, adding long-term ecological and carbon value. Wildlife includes mule deer, elk, javelina, mountain lions, quail, eagles, and more”
  • Key Features:
    • Acreage:
      • 5,160± deeded acres
      • 3,597± BLM lease acres
      • 2,626± NM State lease acres
    • Landscape:
      • 9 miles of Burro Ciénaga
      • Beautiful Chihuahuan Desert landscape with mountain views
      • Amazing wildlife diversity
    • Buildings:
      • Historic 995± square-foot headquarters
      • 450± square-foot bunkhouse
      • 445± square-foot library
      • 500± square-foot studio
  • Broker/s statement:
    • Dan Murphy states:
      • “As a ranch broker with M4 Ranch Group, the Mountain West’s premier land brokerage, I’ve had the opportunity to evaluate many high-value ranches across the region. The Pitchfork Ranch is, without question, one of the top three ranches on the market in New Mexico today. This property is not listed with M4 Ranch Group, but it deserves serious attention. This is more than a ranch, it’s a legacy in conservation, water, wildlife, and stewardship. If you’re looking for meaningful land ownership with lasting impact, the Pitchfork Ranch is a standout. For more on its history and restoration, see Restoring the Pitchfork Ranch by A.T. Cole (University of Arizona Press, 2024)”
  • Is this New Mexico Ranch For Sale?

Round Up

As we conclude our exploration of the “Top 10 New Mexico Ranches for Sale: June 2025 Broker Picks,” it’s clear that each of these exceptional properties offers a unique blend of natural beauty, operational opportunities, recreation pursuits and investment potential.

Each of these ranch listings reflects Seth’s, Butch’s and Dan’s expertise in identifying properties that not only capture the essence of New Mexico’s stunning landscapes but also offer unique opportunities for recreation and investment.

Whether you’re seeking a New Mexico Cattle Ranch For Sale, New Mexico Hunting Ranch For Sale or an investment opportunity, these top picks are sure to inspire your next adventure in New Mexico.

View our New Mexico Ranches For Sale


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