Hondo Ranch has 325 ... +/- acres with 169.6 acres of 1866 priority water rights and 8.4 acres of 1952 priority rights. The most contiguous water rights and acreage available for sale in some time. Property is bordered by the Ruidoso, Bonito & Hondo Rivers with 2.5 miles of river frontage. Fully fenced with 9 irrigated pastures, 3 irrigation wells, Pablo Chaves/Ambrocio Chavez & Kirkland ditches. Extensive horse facilities including office/vet barn, stallion & maternity barns, 188 covered pens, 66 large pens with shelters, hay barn, equipment barn and other large turn-out traps. There are 2 homes on the property with the largest being a ranch style log home with 11 bedrooms & 11 baths. MLS# 110200.