Charming 10-acre irrigated farm with valuable water rights between Santa Fe and Albuquerque. Besides the cultivated fields, the property includes a hay barn, a shop with sleeping quarters, and a small vineyard and fruit orchard. With 20+ consumptive-acre-feet of pre-1907 water rights, this farm makes for a good investment. Certainly it is a perfect setting to build your country house and/or horse facilities. Maybe it is just the right opportunity to grow hay, raise vegetables or farm fresh eggs. Located in the pastoral village of Pena Blanca below Cochiti Lake, this farm is just east of the Rio Grande River. Three legal lots, low taxes, an excellent value at $299,000!