This sprawling 8,000+-acre working ranch, located in a historic, largely forgotten fertile New Mexico river valley is a rare, water rich relic of the wild American West. This beautiful ranch is blessed with multiple sources of water, including an approximately four-mile-long stretch of the Pecos River, its own flowing creek, and an enormous 400-acre veritable underground lake that provides subterranean irrigation to the trees, plants and grasses that grow above it. Along with 7 wells and springs, this property is unusually abundant in water. Currently operating as a horse and beef cattle ranch, PVR is ripe for its next incarnation as a private corporate/family retreat, greenhouse-based agricultural business, guest ranch, or something left to your imagination. Large fields, scenic rocky mesas, and the incredible gift of plentiful water from multiple sources create an oasis-like setting that is almost impossible to find in our drought-ridden times in any other part of the American southwest. The ranch is 7,031.588 deeded acres and 1,498 state/BLM lease acres. There are 5,050.188 acres of native pasture, 122.8 acre feet of water rights, and 1,920 acres of scenic/river frontage. The three houses are Hacienda style double adobe: Guest House (6 BR) is 5,399 SF. Owner's Duplex House is 5,660 SF. Foreman's Dwelling is 3,000 SF with a 1728 SF shop. Feedlot Triplex Dwelling is 3,000 SF. Other ranch outbuildings, a large training arena, and a round pen complete the operation.