Welcome to the Crown T Estate! This beautiful property boasts 140 acres +/- of lush grass, perfect for grazing and watching the wildlife roam. Private deed in Game Management Unit 37, allows for unlimited hunting tags. Elk, mule deer, turkey and more! Sitting at the base of a hill with Sierra Blanca and Capitan Mountain Views, is a custom built; 9,978 sq ft home with a 5,000 sq ft basement. Unique touches throughout, include custom built woodburning fireplaces, reclaimed beams over 150 years old, 12' and 14' ceilings! Step into the barn and you will find 6 spaces for 14'x14' stalls, vet room, full bath and a kitchenette. Upstairs has 5,716 sq ft of living space that overlooks an arena. Invite your friends with 4 additional RV hookups!
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.
RLCAR #133142
Jun 23, 2026
Price Changed
$5,000,000
$501/sq ft
Sep 16, 2025
Listed
$9,495,000
$952/sq ft
Public Records
Feb 27, 2017
Sold
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Year
Property tax
Land + Additions
Assessment*
2025
$17,809 (+1.9%)
$96,862 + $925,639
$1,022,501
2024
$17,474 (+14.1%)
$96,862 + $925,639
$1,022,501
2023
$15,311 (+244.6%)
$95,650 + $920,034
$1,015,684
2022
$4,443 (+1.5%)
$94,474 + $914,592
$1,009,066
2021
$4,378 (+37.3%)
$93,333 + $176,118
$269,451
2020
$3,188 (+551.1%)
$93,333 + $176,118
$269,451
2019
$490
$93,333 + $73,349
$166,682
Public record
Beds
—
Baths
—
Stories
3
Lot width
—
Lot depth
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Lot size
140.08 Acres
Year renovated
—
Finished Sq. Ft.
9,978
Unfinished Sq. Ft.
—
Total Sq. Ft.
9,978
Year built
2022
Style
Other
County
Lincoln County
APN
4078047504273000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Aug 26, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
32% chance of being in a wildfire in next 30 years
2/10 Heat Factor
8 days above 89° expected this year, 26 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Capitan, NM • 88316
Average low and high temperatures (°F)
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35
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 398 Pine Lodge Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More