Rare, large tract of historical farm land with ample water rights on the Chama River. Located in the area of Tierra Azul just south of Abiquiu, this 50-acre offering of arable land lends many possibilities for commercial/residential development or simply to keep as an income producing pasture. Of the four fields, several are laser levelled and the others are finely tuned for maximum production and/or grazing. Planted in Alfalfa, Orchard Grass, and Crimson Clover they're serviced by an integrated, underground irrigation system and recently cleared ditches with new head gates. Other improvements include convenient barn/hay storage and secure, on-site shipping container near the paved State Hwy, plus portable shelter near the terraced river bank. Abundant in game and wildlife. Beautiful views in all directions and 365' of direct river access under the Cottonwoods make this property a rare find.