Result: 6 of 7

Lot # : 7 - RIVER ESTATE PARCEL / TRACT

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Type Internet Absentee Bidding
Price Realized Price Realized Not Uploaded
Date Sold 10/13/2015
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Information

Lot # 7
Group - Category Real Estate - Residential Homes
Lead RIVER ESTATE PARCEL / TRACT
Description
21.315 ACRES +/-, Gorgeous Adobe 3BR/2 Bath Estate - Mesmerizing Views!! The Pecos River flows through New Mexico and Texas, emptying into the Rio Grande. The headwaters of the Pecos River are located north of Pecos, New Mexico, United States, at an elevation of over 12,000 feet on the western slope of the Sangre de Cristo mountain range in Mora County. The river flows for 926 miles through the eastern portion of New Mexico and the neighboring state of Texas before it empties into the Rio Grande near Del Rio. The river’s drainage basin is approximately 44,300 square miles in size. The river was named “Pecos”by the Spanish from the Keresan name of the Pecos Pueblo. The river played a large role in the exploration of southwest by the Spanish. In the latter half of the 19th century, “West of the Pecos”was a reference to the rugged frontiers of the Wild West. New Mexico and Texas disputed water rights to the river until the federal government settled the dispute in 1949 with the Pecos River Compact. The Pecos River Settlement Agreement was signed between New Mexico and Texas in 2003. On June 6, 1990, 20.5 miles of the Pecos River “from its headwaters to the town site of Tererro” received National Wild and Scenic River designation. It includes 13.5 miles designated “wild” and 7 miles designated “recreational”. Water conservation practices on the Pecos River are overseen by the United States Bureau of Reclamation, along with the state engineer of New Mexico, the Pecos Valley Artesian Conservancy District, and the Carlsbad Irrigation District in the upper river valley. The Red Bluff Water Power Control District, along with its seven water improvement districts, oversees water use in the lower valley and works to provide equitable distribution of water supplies. The view sells it!!!! You cannot replicate the beauty of this setting found only minutes from Santa Fe overlooking the spectacular Pecos River. If you want an architectural masterpiece built upon rock ledges overlooking the rarest of commodities, waterfront in New Mexico, then you need to make time to see quite possibly the opportunity of a lifetime! Property Address: 660 CR B43B, Ilfeld, NM 87538 Auction Site: DoubleTree by Hilton, 4048 Cerrillos Road, Santa Fe,New Mexico, 87507 505.473.4646, 505.473.2186 fax

Auction Information

Name Pecos River Land & Ranches Auction - October 13, 2015
Auctioneer Bentley and Associates, LLC
Type Internet Absentee Bidding
Date(s) 10/13/2015
Location 4320 Cerrillos Road
Santa Fe, NM 87507
Buyer Premium 10% Buyer's Premium

Terms and Conditions

Auction Terms & Conditions We advise all bidders to read the Terms and Conditions of the Sale before bidding with Bentley & Associates, LLC Auctions. Those who bid are bound by those Terms and Conditions of the Sale, as amended by any oral announcement or posted notices, which together form the contract of the sale between the successful bidder (purchaser), Bentley & Associates, LLC Auctions and the seller (consignor) of the lot. Buyer's Premium: A ten percent (10%) "Buyer's Premium" will be added to the high bid price to determine the Total Contract Price (High Bid + Buyer's Premium = Total Contract Price) Terms of Sale: $ 5,000.00 Certified Check made payable to themselves to register at auction. The closing ("Closing") of the sale will be on or before the 2nd day of November, 2015, or if required, within three (3) days of the filing of the final subdivision plat approved by San Miguel County, whichever is later (the "Closing Date"), in the office of the Title Company. Other terms, if any, announced at the sale. Inspection of Property: Anyone interested in the subject properties is invited and encouraged to thoroughly inspect the property prior to attending the auction. The property is being sold on an "AS IS, WHERE IS" basis. No Warranties or representations either expressed or implied, concerning the property is made by the Seller or RanchLine or Bentley & Associates, LLC. Interested purchasers are strongly encouraged to perform their due diligence prior to attending the auction. Possession: Possession of the property will be transferred at closing by Warranty Deed. ACKNOWLEDGE: All Buyers acknowledge and accept by their bid at auction the Terms and Conditions of Sale posted on the website and available at the auction site. AUCTIONEER'S DISCLAIMER: All information contained was derived from reliable sources believed correct, but is not guaranteed and should be independently verified. Buyers shall rely entirely on their own judgment & inspection. Announcements from the Auction Block take precedence over any previously printed material or any other oral statements made. RanchLine and Bentley & Associates, LLC is acting exclusively on behalf of Seller in this transaction. ANNOUNCEMENTS: All announcements made sale day take precedence over previously distributed information. Any announcements made on the day of the auction take precedence over catalogue or other previously announced or documented information, but do not alter in any way the basic terms and conditions of sale. Bentley & Associates, LLC reserves the right to correct any mistakes or typographical errors made by itself or on its behalf in any of its announcements or documents. --------------------------------------------- ------------------------------------------ Terms Of Use

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Bid Increments

Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 5.00 0.50 USD
5.01 - 10.00 1.00 USD
10.01 - 50.00 2.50 USD
50.01 - 100.00 5.00 USD
100.01 - 1,000.00 10.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD

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Buyer Premium 10% Buyer's Premium

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