1232 Black River Village Rd
Carlsbad, NM 88220

The Bounds Family Farm is a true oasis in the desert in Eddy County, New Mexico with amazing sunset views of El Capitan and the Guadalupe Mountains. The property is located approximately 13 miles south east of Carlsbad Caverns on Black River Village Road. The farm and ranch are comprised of 3,817+/- acres including 1175.2+/- acres of water rights. The oil and gas rights will be sold as well. There are six producing wells on the property. All of the information will be provided to potential buyers upon receipt of the executed Confidentiality Agreement provided in the documents. The water rights on the property are diverted from Blue Springs which is a natural spring that arises on the property. Blue Spring flows to Black River and there are several waterfalls on the property between Blue Spring and Black River. The area around the falls is a beautiful location and the owner has begun construction of four yurts that were intended to be a retreat or rentals and amenities for group gatherings have been built. There is a lot of river front located on this property. The farm is irrigated by diverting Blue Springs water into a reservoir before it is pumped in to the pipeline and irrigation system. The farm is currently leased and the tenant has a 14 day right of first refusal. A copy of the lease will be provided upon request. The farm is currently in alfalfa and wheat. A portion of the water rights has been leased to Select Energy under a contract that expires on December 31, 2023. A copy of the lease will be provided upon request. The primary home on the property has been damaged by termites or wood destroying insects to the point it appears to be a total loss. There are several mobile homes on the property that are uninhabitable and Seller is in the process of having them removed. A doublewide set near Black River will convey with the property. There is a residence that has been constructed near Blue Spring that is also uninhabitable. The family members residing on the property have been advised to vacate the property by January 5, 2023 and the surface possession date is negotiable. The property is truly unique and beautiful and is a once in lifetime opportunity. Please contact listing broker with any questions. A Letter of Intent should be submitted. The purchase agreement will be on a form approved by Seller’s counsel. Earnest money is payable to Pioneer Title and Escrow Services in Carlsbad, NM.