Property
$9,495,000140 Acres6 beds • 5 baths • 3 half baths • 9,978 sq ft
For Sale
For Sale
$9,495,000140 Acres
For Sale
6 beds • 5 baths • 3 half baths • 9,978 sq ft

398 Pine Lodge Rd, Capitan, NM 88316 - Lincoln County

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Property ID 25832166

Crown T Estate

Description

Welcome to Crown T Estatea truly extraordinary opportunity where expansive skies, rolling terrain, and the rugged beauty of New Mexico converge. Situated on 140 acres within Lincoln County’s prestigious Ranchos de Caballos Estates, this unfinished yet exceptional 9,978 sq ft custom home offers both scale and vision.

Built to showcase the expansive views of Sierra Blanca and the Capitan Mountains, the three-story residencebegun in 2022is approximately 85% complete. With key infrastructure complete, skip the long wait times and skyrocketing construction costs. New builds in this region can take 23+ years and incur hundreds of thousands in soft costs before construction even begins. Instead, customize the finishes, fast-track your timeline, and create your forever escape. With architectural renderings available for review. Most of the essential materials have been carefully selected, purchased, and are currently stored on the property. From cozy fireplaces to view-filled windows and family-friendly living spaces, the home was thoughtfully planned for both warmth and connection. Over 6,500 sq ft on the main level provides ample space for multi-generational living, entertaining, or creating a full ranch-style compound. Crown T Estate offers the scale, setting, and flexibility to bring your vision to life.

A thoughtfully designed barn offering both high-end functionality and exceptional multi-use space, this well-appointed facility overlooks a potential arena site and features spacious 14’ x 14’ stalls, providing ample room and comfort for horses and other livestock. Spanning approximately 5,716 sq ft (buyer to verify), the barn blends practical utility with modern comfortmaking it ideal not only for ranch operations but also as a flexible venue for entertainment, guest accommodations, and workspace. Equipped with a dedicated veterinary suite, the barn supports great on-site animal care. Processing and breeding areas enhance operational efficiency for livestock management, while the potential arena location makes this an excellent setup for training, competition preparation, or recreational riding. In addition to its residential and recreational elements, the barn includes substantial space for equipment storage, feed, and tack. This facility delivers the infrastructure and versatility to support both a fully functioning ranch and a multi-purpose lifestyle hub. Whether you're managing livestock, hosting guests, or crafting a personalized living or working environment, this barn is built to exceed expectations.

Located in Game Management Unit 37 (GMU 37), this property sits in prime big game country, offering exceptional hunting and wildlife opportunities. The diverse terrain provides excellent habitat for elk, mule deer, antelope, and Barbary sheep, drawing a wide range of game throughout the seasons. The area is especially well known for producing trophy bull elk and pronghorn, making it a highly sought-after destination for big game hunters. With the property bordering New Mexico State Land, it opens access to even broader areas for hunting, glassing, and recreationexpanding the opportunities well beyond the deeded acreage.

Ranchos de Caballos Estates, is one of New Mexico’s premier large-acreage communities, known for its privacy, natural beauty, and expansive views. This exclusive setting offers seclusion without sacrificing convenience. Saddle up for a morning ride, host unforgettable gatherings with mountain backdrops, or unwind under New Mexico's star-filled skies. 398 Pine Lodge Rd offers scale, serenity, and limitless potentialall in one of New Mexico’s most scenic, storied regions. Whether you're a hunter, a horse lover, or just seeking a peaceful, private haven to reconnect with nature, this property offers unmatched opportunity.

Main Property Features

140 acres of private, fully fenced land

9,978 sq ft custom home across 3 stories

6,500 sq ft main floor footprint

Construction approx. 85% complete finish to your specifications

Private well, electric and natural gas in place

Paved highway frontage

Located in Capitan School District

Subdivision: Ranchos de Caballos Estates

Panoramic views, rural privacy, and strong recreational potential

Barn & Agricultural Features

Barn with 14’ x 14’ stalls overlooking potential arena site

5716 sq ft of barn living/entertainment space (buyer to verify)

Smart greenhouse built to withstand Cat 1 hurricane winds and snow loads

Wildlife & Hunting

Located in Game Management Unit 37 (GMU 37)

Habitat for elk, mule deer, antelope, Barbary sheep

Known for trophy bull elk and pronghorn

Nearby Public Lands & Recreation

Capitan Mountains Wilderness (~35,067 acres): Rugged terrain, limited access, birthplace of Smokey Bear

White Mountain Wilderness (~46,963 acres): Hiking, horseback riding, camping, including 20-mile Crest Trail

Lincoln National Forest: Year-round outdoor activities including skiing, fishing, biking, and equestrian trails

Bonito Lake: High-elevation reservoir for trout fishing, hiking, and camping

Contact us today for more details, current status, and customization opportunities.

** Co-listed with Erika Perry of HiLo Realstate

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Source:First Street

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Listing last updated: January 22, 2026 at 1:20 PM
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