Views - New Construction
Address
398 Pine Lodge, Capitan, NM
Price
$ 5,000,000
Property Attributes
- MLS#20255411
- TypeSingle Family
- Listing Status Active
- CountyLINCOLN
- CityCapitan
- AreaNew Mexico Mls
- Zip88316
- StyleResidential
- Year Built2022
- Taxes$ 17809
- Price$ 5,000,000
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms3
- Sqr Footage9978
- Lot Size140 Acres
Data Source:
New Mexico MLS (NMMLS)
Property 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 Countys 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 Mexicos 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 Mexicos 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.
| Elementary School | Middle School | High School |
|---|---|---|
| None/Other Elementary School | None/Other Middle School | None/Other High School |
| Price History | |
|---|---|
| 9/18/2025 | Listed $9,495,000 |
| 6/23/2026 | 48$5,000,000 |
General Features
| Living Area | 9978.0 |
|---|---|
| Garage Spaces | 3.0 |
| Year Built | 2022 |
| Topography | Irregular Lot |
| Assessments | False |
| Parcel Number | 4078047504273000000 |
| County | Lincoln |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Attached Garage | No |
| Garage Y/N | Yes |
| Total Rooms | 16 |
| Full Baths | 5 |
| Status | Active |
| High School | None/Other |
| City | Capitan |
| Senior Community Y/N | No |
| MLS Area | New Mexico Mls |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6098400.0 |
| Carport Y/N | No |
| Elementary School | None/Other |
| Property Attached Y/N | No |
| Tax Annual Amount | 17809.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | None/Other |
| Property Condition | Under Construction |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| PostalCity | Capitan |
| Legal Description | Parcel: 4078047504273000000 Legal to be provided by Title |
| ADU | No |
Interior Features
| Total Fireplaces | 2 |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | Yes |
| Half Baths | 3 |
| Total Bedrooms | 6 |
| Total Baths | 8 |
| 1/2 Baths | 3 |
Exterior Features
| Parking Features | Attached |
|---|---|
| Total Parking | 3.0 |
| Lot Size Area | 140.0 |
| Spa | No |
| Building Area Total | 9978.0 |
| Lot Size Acres | 140.0 |
| Waterfront Y/N | No |
| Covered Spaces | 3.0 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 88316
Price
Taxes
Year Built
Visits
IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or SRE. Data last updated: September 22, 2026 12:15 PM UTC
Listing information provided courtesy of the Realtor Association of New Mexico. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
