The median home value in Velarde, NM is $170,000.
This is
lower than
the county median home value of $259,462.
The national median home value is $308,980.
The average price of homes sold in Velarde, NM is $170,000.
Approximately 64% of Velarde homes are owned,
compared to 12% rented, while
24% are vacant.
Velarde real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Velarde real estate agent to arrange a tour today!
Learn more about Velarde.
Introducing a one-of-a-kind gem! This adobe property, steeped in history and dating back to 1950, has a rich past as a saloon, dance hall, and most recently, a winery. Boasting nearly 5,000 sq ft, this unique space offers a blend of 3,588 sq ft of heated area and an additional 1,322 sq ft of unheated space, making it an ideal setting for a live-work situation. Inside, discover a living quarters featuring 2 bedrooms, kitchen, bath, and laundry room a perfect retreat within your own establishment. Security system is included in the purchase. The old dance hall preserves its charm with original hardwood floors, echoing the stories of lively gatherings from years gone by. Additional features include a basement, providing extra space for various purposes. The attached garage, equipped with large doors designed for commercial use, opens up possibilities for diverse ventures, whether it's an art studio, gallery, or another creative endeavor. Surrounded by ample parking, the property ensures convenience for both residents and visitors. Take advantage of the outdoor patio space, offering a charming area for relaxation or gatherings. Please note that the owner prefers not to make any repairs to the property, allowing the new owner the opportunity to shape and enhance this distinctive space according to their vision. Don't miss out on the chance to own a piece of history with endless possibilities! Appliances in photos are not included in sale.