First time on the market! Welcome to this amazing property on 2.49 irrigated acres located in the captivating and beautiful Nambe valley with brilliant views of the Sangre de Cristo Mountains. Versatility abounds as the property features three separate and unique residences. This would make an amazing family compound or one can live in one home while generating income from the other dwellings. The historic main home has 2,344 sq.ft. which includes 3 bedrooms and two baths, a garage and carport. Guest home #1 has 1,060 sq.ft. with two bedrooms, one bath and a strong rental history. Guest home #2 includes 641 sq.ft. with 1-2 bedrooms, one bath and a nice, large, newly remodeled studio/living room. All of the existing and documented water rights convey with the sale. There is a newly installed septic system and all three homes are served by a strong private well. Also included is a secondary well. Again, this is the first time this special property has ever been available to purchase. Come and make it your dream home location today!