$1,100,000

Horse Stable Facility with two homes in the city!

Albuquerque , Bernalillo County , New Mexico

2.17
ACRES

4
BEDROOMS

3
BATH

2434
SQ FT

uncovered arena • hay barn • fenced • second house • 1 barn with 8 stalls • 19 Run-in stalls

Property description

A rare opportunity own a piece of Albuquerque history, long-standing Alameda Stables. Over 2 acres of horse facility along with 2 homes and a view of the majestic Sandias. Approx 27 stalls, all with weather break. 8 stalls are in the barn, the rest out. Large arena area, hot walker & wash station. Welded pipe throughout. Spacious hay barn, tack room, guest tack room, and equipment storage too. Original homes combined make over 2400sf of living. Make them into one home, or keep them separate for stable hand, extended family, rental, etc. There's also an RV pad perfect for visitors to enjoy during the Balloon Fiesta launch just to the East. The entire property is walled and gated. Private hot tub between the homes. Access is through a power gate. Stall rentals are in high demand, this is an amazing opportunity for those
seeking an amazing business opportunity for boarding, therapeutic riding, horse hotel, etc. Homes are recently painted with fresh carpet in the main house. A little elbow grease will bring the long-loved property back to its glory days. The price reflects the 2023 appraisal.

Watch the video tour #1

Details

Home Features

The main home built in the early 50's, retains the character of the original ranch home. Two bedrooms, two baths with sitting area/office off primary suite. A private covered courtyard with a hot tub separates the second one-bedroom, one-bath home on the property. Perfect for extended family or hired stable employees. There is also an RV pad, perfect for guests to enjoy during the world-famous International Balloon Fiesta in October which can be observed from the property.

Lot Features

Over two acres of level property completely fenced in. The property neighbors to the south are an established horse boarding facility, and to the West is the El Pinto Restaurant, a local favorite attraction. The restaurant's chickens reside on the property to the North. The East boundary is a ditch bank with a bridge to the property keeping the property set back from the main road. A power gate limits access to only those invited. A large hay barn is onsite, prior owners kept enough hay for horses as well as for sale. The property is in town, close to shopping with incredibly easy access to Interstate 40, making Santa Fe less than an hour away. Shopping and dining are all easily accessed from this close-in location.

Horse Facility Features

Solida barn with 7 inside/outside stalls plus tack room, plus roughly 20 other welded pipe stalls with windbreaks. There is a separate tack room for boarders. A large hay barn offers ample storage. The arena is large and level, a hot walker is present and there is room for a round pen. There is also a wash station in place as well as a dump area for stall cleanout. Stall in this area rent for between $600 - $750. Access ditch bank immediately outside the gate for trail riding, or trailer less than 3 miles to open space parking that affords access to the entire Rio Grande River trail system. Mountain trails are nearby as well.