Crown T Estate
$9,495,000
Capitan, New Mexico
140± ACRES
$9,495,000
Capitan, New Mexico
140± ACRES
About this Ranch
Crown T Ranch: 9,978± Sq Ft Custom Home in Ranchos de Caballos Estates
Unfinished but exceptional, this custom 9,978± sq ft home sits on 140± acres in Lincoln County’s Ranchos de Caballos Estates. Built to showcase the expansive views of Sierra Blanca and the Capitan Mountains, the three-story residence—begun in 2022—is approximately 85% complete. Over 6,500 sq ft on the main level provides ample space for multi-generational living, entertaining, or creating a full ranch-style compound.
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 arena
• 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
• Access to both public (38%) and private (62%) hunting lands
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
Crown T Ranch is an exceptional estate on approximately 140 acres in the prestigious Ranchos de Caballos Estates near Capitan, New Mexico. This three-story custom home, started in 2022, spans 9,978± sq ft and is roughly 85% complete—ready for your personal vision. The main floor alone offers over 6,500 sq ft of flexible space for multi-generational living, entertaining, or creating a private ranch compound.
The property is fenced and equipped with a private well, electric, and natural gas. Located in the Capitan School District with paved highway frontage, it offers panoramic views of Sierra Blanca and the Capitan Mountains, combining rural seclusion with accessibility.
A spacious barn with 14' x 14' stalls overlooks the arena and includes approximately 5,716± sq ft of living and entertainment space. The smart greenhouse is engineered to withstand Cat 1 hurricane-force winds and heavy snow, supporting year-round agriculture.
Crown T Ranch lies within Game Management Unit 37, known for elk, mule deer, antelope, and Barbary sheep. The area blends 38% public and 62% private lands, offering diverse hunting and outdoor opportunities.
Nearby recreation includes Capitan Mountains Wilderness (35,067 acres), White Mountain Wilderness (46,963 acres), Lincoln National Forest, and Bonito Lake. Other attractions include the Rio Bonito Nature Trail and Valley of Fires Recreation Area—ideal for hiking, biking, camping, and exploring New Mexico’s rugged beauty.
Located just minutes from the Village of Capitan, this rare offering presents unmatched potential in one of the state’s most scenic regions. Whether you're looking to build a legacy ranch, finish a custom estate, or invest in a versatile mountain property, Crown T Ranch is ready for your vision.
** Co-listed with Erika Perry of HiLo Realstate
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Property Details
Price: $9,495,000
Address:
398 Pine Lodge Rd
Capitan, New Mexico
88316
Acres: 140±
Features:
- Ranchos de Caballos Estates Subdivision
- 9,978± sq ft Custom Home
- 140± Deeded Acres
- Game Management Unit 37
- Barn
For More Information:



Maps
Disclaimer: When purchasing a property listed by M4 Ranch Group , the broker representing the buyer must be identified upon initial contact and present at ALL showings to the buyer, unless otherwise agreed upon in advance by M4 Ranch Group, in order to receive compensation. Failure to adhere to the above requirements may result in the forfeiture of any selling broker compensation, if any, determined by the sole discretion of M4 Ranch Group.