Take advantage of this rare opportunity to own 19.56 acres in Ponderosa, a farming community in central New Mexico with historical roots beginning as a homestead for Spanish settlers in the mid-18th century. Pre-1907 senior water rights are included with two adjoining parcels to provide the chance to build your dream home or secluded getaway on this former ranch land just north of the Ponderosa Valley Vineyards and within very close proximity to northern New Mexico's Pueblos and cherished outdoor recreation areas: Jemez Springs, Fenton Lake, the Valles Caldera, and a vast number of natural springs and hiking trails. The Paliza Family Campground is a 10-minute drive north. A 45-minute scenic drive heading south will take you to the major shopping centers and it is not far to get to Albuquerque (53 mi), Los Alamos (55 mi), or Santa Fe (80 mi). Surface water is supplied to the residents by reservoirs and the Ponderosa Community Acequia. Ground water can be accessed with private wells. Electric, phone, and community water (MDWCA) are available at the boundary (Hwy NM-290). No other property has both San Juan and Vallecitos Creeks which meander through a variety of indigenous trees (Cottonwood, Piñon, Juniper, Oak, and Cedar) on this site that is ready to be developed for any endeavor.