Saul Marquez

772 State Highway 165

Placitas, NM
$ 2,200,000 Beds 4 Baths 4.5 Sq 5,674
Monthly Estimate* How much can I afford?

**ELK RIDGE RANCH**Welcome to **Elk Ridge Ranch**, a remarkable 2 parcels combined for a 7+/- acre luxury estate nestled in the foothills of Placitas with breathtaking Sandia Mountain views and expansive New Mexico skies. Thoughtfully designed by the Dansfelser family, this extraordinary property blends authentic Southwestern architecture with exceptional ranch infrastructure, creating a one-of-a-kind estate ideal as a private residence, equestrian property, executive retreat, boutique ranch, or potential bed-and-breakfast, wellness retreat, or hospitality destination (subject to zoning and permitting).The custom **4,730+/- square-foot residence** showcases timeless craftsmanship with diamond-finish plaster walls, exposed vigas, brick and flagstone flooring, generous living areas, and abundant natural light. Designed for both everyday living and entertaining, the home features multiple gathering spaces, a spacious sunroom overlooking the grounds, a private primary suite, refrigerated air, instant hot water, surround sound, smart-home technology, motion sensors, and an expansive game room.A detached **944+/- square-foot guest home** offers two bedrooms, a full kitchen, living area, laundry, and private separation from the main residence. Ideal for extended family, guests, a caretaker, private office, or creative studio, it adds exceptional flexibility to the estate.The outdoor setting is equally impressive. A private pond with a waterfall, diving platform, cooled pump house, built with a durable 60 mil liner, and an RV hook up, serves as the centerpiece of the property, creating a peaceful setting for entertaining, recreation, and enjoying the surrounding landscape. Mature trees, open pasture, sweeping mountain views, and thoughtfully designed improvements create a rare combination of beauty, privacy, and functionality.A passion for ranch-style luxury living is evident throughout the estate. Every element has been carefully planned, from the placement of the residence and guest home to the ranch improvements and expansive pastures, creating a seamless blend of elegance, functionality, and natural beauty.Purposefully improved for ranch operations, Elk Ridge Ranch features extensive large-game perimeter fencing, multiple fenced pastures and paddocks, a substantial steel equipment building, covered equipment and hay storage, detached garage/workshop, refrigerated workspace and storage, utility buildings, and excellent internal access throughout the property. These improvements represent years of thoughtful planning and significant investment while maintaining the elegance of the estate.Additional amenities include an **owned solar system**, private well servicing both residences, owned propane tanks, recently refreshed stucco, Pella windows installed within the past several years, a roof reported to be approximately ten years old, and a three-car garage, enhancing efficiency, comfort, and long-term value.Located in highly desirable Placitas, the property offers peaceful rural living just minutes from Albuquerque, Interstate 25, shopping, dining, golf, hiking, and approximately one hour from Santa Fe.More than simply a home on acreage, **Elk Ridge Ranch** is a legacy estate where luxury, craftsmanship, scenic beauty, and exceptional ranch infrastructure come together to create one of Placitas' most remarkable offerings. Whether your vision is a private family sanctuary, luxury ranch, equestrian property, or boutique hospitality retreat, this exceptional estate offers a rare opportunity to own one of New Mexico's finest properties.

Active

  • Price
  • $ 2,200,000
  • City
  • Placitas
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • Sandoval
  • Half Bathrooms
  • 1
  • Area
  • Placitas Area
  • Lot Size
  • 6.93 Acres
  • Zip
  • 87043
  • Sqr Footage
  • 5,674
  • Year Built
  • 1962
  • Taxes
  • $ 3129
  • Style
  • MLS#
  • 1108480
Listed By: RE/MAX ELEVATE
Data Source: Southwest MLS (SWMLS)

Features

General

Sewer Septic Tank
Heating Ductless
Cooling Ductless,Refrigerated
Utilities Electricity Connected,Propane,Sewer Connected,Water Connected
Possession Closing & Funding
Roof Flat,Rolled/Hot Mop
Appliances Cooktop,Double Oven,Dryer,Dishwasher,Disposal,Microwave,Refrigerator,Trash Compactor,Washer
Garage Spaces 3
Patio/Porch Features Balcony,Covered,Open,Patio
Pool Features In Ground
Security Features Security System,Security Gate
Construction Materials Adobe,Stucco
Year Built 1962
Stories Count 2
Levels Two
Property Subtype Detached
Accessibility None
County Sandoval
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name Lands Of Danfelser
Facing Direction North
Garage Y/N true
Green Energy Generation Solar
Other Structures Barn(s),Garage(s),Pool House,Stable(s),Shed(s),Storage,Workshop
Full Baths 3
Status Active
Directions Placitas Exit From I-25-e For 7.6 Mi(Just Past 7 Mile Marker)on Right-enter Elk Ridge Ranch Drive At 772 Hwy 165
ModificationTimestamp 2026-08-04T05:19:58.677-00:00
High School Bernalillo
City Placitas
Disclosures Lead Based Paint Disclosure,RANM 2100 Disclosure
Zoning Description CD-LP
Number Of Units Total 1
MLS Area 180 - Placitas Area
Lot Size Square Feet 301871
Listing Terms Cash,Conventional
Elementary School Placitas
Property Attached Y/N false
Year Built Details Home was remodeled in 1991 and again in 1996
Land Lease Y/N false
Tax Annual Amount 3129.8
Middle/Junior High School Bernalillo
Property Condition Resale
Builder Name Danfelser
Standard Status Active
Year Built Source Public Records
Property Sub Type Additional Detached
PostalCity Placitas

Interior Features

Interior Amenities Beamed Ceilings,Bookcases,Breakfast Area,Ceiling Fan(s),Separate/Formal Dining Room,Home Office,Multiple Living Areas,Multiple Primary Suites,Pantry,Skylights,Sunken Living Room,Tub Shower,Utility Room,Walk-In Closet(s)
Flooring Brick,Carpet,Stone
Total Fireplaces 4
Fireplace Features Kiva,Wood Burning
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows,Insulated Windows,Skylight(s)
Fireplace Y/N true
Half Baths 1
3/4 Baths 1
Laundry Features Electric Dryer Hookup
Total Bedrooms 4
LivingAreaSource Plans
Total Baths 5

Exterior Features

Exterior Amenities Balcony,Fire Pit,RV Hookup,Water Feature,Propane Tank - Owned
Fencing Cross Fenced,Full,Gate
Parking Features Detached,Finished Garage,Garage,RV Access/Parking
Lot Features Garden,Landscaped,Meadow,Many Trees,Views,Wooded
Water Source Private,Well
Foundation Details Permanent
Building Area Total 5674
Lot Size Acres 6.93
Road Surface Type Asphalt
Private Pool true
Lot Size Source Public Records
Road Frontage Type Private Road,State Road
LotDimensionsSource Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Placitas Elementary School
Middle School Bernalillo Middle School
High School Bernalillo High School

Price History

8/4/2026 Listed $2,200,000

Property vs Zip Code Average in 87043

Price
AVG $830K
$2.2M
Taxes
AVG $3,569
$3,129
Year Built
AVG 2001
1962

Areas That We Cover

772 State Highway 165 Placitas, NM is a Single Family Home for sale at $2200000 with 5674 sqft and a lot size of 6.93 Acres Acre(s). 772 State Highway 165 Placitas has 4 bedrooms, 4 baths and was built in 1962. The property's zip code is 87043 which is in Placitas, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Saul Marquez

Saul Marquez

505-365-6721

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