Recently Reduced Again!! Seller says SELL!! Originally part of a Spanish land grant, this exceptional ranch is now available for personal enjoyment or investment purposes. Encompassing 1,316 acres, the ranch features a mile of Highway 84 frontage and has primarily served as a private family ranch in recent years.Majestic skies, dramatic landscapes, rolling hills, Piñon and Juniper trees, and approximately one mile of 300+ feet high rimrocks with more than 40 miles of stunning views await you. The fully improved ranch features multiple arroyos, high mesas, rock outcroppings, and the remains of an old trapper's cottage to be discovered. The 988 Ranch offers an array of impressive improvements, including a fully furnished three-bedroom, two-bathroom home encompassing 1,475 square feet of living space, accompanied by a two-car carport. In addition, the ranch boasts two reliable water wells that serve all tracts, along with two earthen stock tanks and three expansive watering holes. For the convenience of livestock, three well-fed above-ground water troughs are available, complemented by cattle handling facilities consisting of pens and a chute. Furthermore, the property features an extra two-car open-sided metal shed and a substantial carport with an attached storage shed, measuring approximately 20'x50 in size. Located within game unit 43, the area is teeming with diverse wildlife, including deer, elk, turkey, bear, coyote, and mountain lion. The ranch is currently divided into 3 parcels, however, much of the groundwork is in place to subdivide the ranch into eight smaller ranches, ranging from 142 to 205 acres in size. Notably, approximately 2 miles of underground water and electric infrastructure extend to the boundaries of the individual parcels, ensuring efficient utility access throughout the ranch. The ranch showcases numerous stunning potential home sites, allowing each ranch owner ample choices to construct their dream residence. Offering seclusion, privacy, tranquility, and natural beauty, this property holds significant potential for the discerning owner with a visionary mindset and the necessary expertise to transform it into a remarkable development. Its proximity to the attractions of Northern New Mexico only furthering to enhance its appeal. The lovely Victorian age town of Las Vegas is less than 12 miles away and offers shopping, restaurants and fun antique stores. It was once a meeting point for Teddy Roosevelt's Rough Riders and is a historic place of landmarks, legends, and lore with over 900 buildings on the National Register of Historic Places. The historic town of Santa Fe, with fine-dining, world-class shopping, golf courses, spas and a municipal airport is about a 1 hour drive away. Many nearby historic New Mexico towns were once home to Billy the Kid, Doc Holliday, Big Nose Kate and Wyatt Earp and offer interesting day-trip opportunities to learn more about these characters of the wild west.