Albuquerque’s most expensive house still hasn’t sold – And it’s been listed for nearly 3 years
Originally listed back in 2021, this property has been on the market for nearly 1,000 days. It is also the most expensive ranch in the city and is on Zillow for $7,200,000. Despite these big numbers, the reality is that it may actually be worth considerably less if it hasn’t had any buyers. This is made worse as it hasn’t had a single price cut during its time on the market either.
Having said this, we can still appreciate that it ticks a lot of boxes and is certainly impressive. For instance, it comes with 8 bedrooms, 14 bathrooms, and 16,377 sqft of living space. As you may expect, it also comes with a whopping 176.75 acres of land.
Also known as Coyote Springs Ranch, this is located 20 miles from an international airport, and has natural views of the desert surrounding as well as mountains. It also includes an 18-stall raised center aisle barn with 2 tack rooms, 2 wash racks, 12 runs, an office, round Pens, an 1800 sq ft hay barn, and a 31,000 sq ft indoor arena. Whoever owned this clearly liked horses.
As well, it comes with other mansion tropes such as a huge swimming pool, tennis courts, and massive rooms. Nonetheless, the numbers don’t lie and as this has been listed on the market for so long, it is a rather telling statement that this property may be listed above its market value.