34 Kelly Road , Carlsbad, NM 88220(Eddy County)

The main house is an inviting ranch-style brick home offering a perfect blend of comfort and style. Boasting a 2-car garage, this residence features 3 bedrooms and 3 bathrooms across a generous 2500 sq ft of living space. This home is perfect for entertaining and everyday living with its open concept kitchen and dining area. It features wood-burning fireplaces in the dining area, main bedroom, and living room. Each bedroom offers ample space for relaxation and privacy, making it easy to create personal retreats or functional work-from-home spaces. The home boasts three well-appointed bathrooms, including a standout feature where one bathroom includes a discreetly placed washer and dryer in the closet, maximizing convenience without sacrificing aesthetics. If all this is not enough, spanning the width of the house is an east-facing porch overlooking the 98 acres of irrigated farm land offering a perfect spot to enjoy the morning sunrises, alfresco dining, or simply relaxing outdoors while enjoying the serene view.

The second house features 3 bedrooms and 2 bathrooms, including a utility room. The kitchen and living room are designed with an open concept, complemented by a cozy fireplace. This home is situated on 10 acres of land and boasts a private entrance, pipe pens, and a shed. Perfectly set up for functionality, the property includes a well-appointed arena with lights and covered roping boxes, covered pens designed with convenience in mind along with a tack room. Adjacent to the arena is a spacious irrigated grass field, providing a lush and green environment for turning out your animals. What a perfect place to come home to and rope into the night. This property has some outside income that is very interesting. There is a contract to move water across the property to be used in oil field production that has been averaging $170,000 per year. The rental on the homes is producing $48,000 per year. The farm has been rented out for $14,000 per year. A new owner could expect to make around $232,000 per year on outside income. If you wanted to farm the property, then you could expect more. Here is a farm in the Carlsbad area that is not only in a good area with access to the Pecos River and the possibility to build your dream home over looking the river. If you are looking for a farm to farm this is a great opportunity or if you are looking for income production look closely at the numbers. Here is a place that can be a great place to park your money and expect a great return to investment along with many depreciable assets for your taxes.