Rare Melody Lane property strategically situated between Santa Fe and Los Alamos, just off CR 84 in Jacona just West of Namb. Spanning two separately deeded parcels with multiple established addresses, this unique estate provides exceptional flexibility, valuable domestic and livestock water rights, and ample acreage in one of Northern New Mexico's popular and well traveled corridors. At the center of the property is a spacious 2,181 sq. ft. main residence ready for immediate enjoyment. Additional detached residential structures are positioned throughout the acreage, offering a variety of possibilities for rental opportunity, extended household use, guest accommodations, studio space, or future planning.The area's rich soil and outdoor potential, make it easy to imagine gardens, animals, and a true Northern New Mexico homestead lifestyle. The property will require vision and dedication to fully realize its true potential, reflected in a list price nearly $300,000 under recent appraisal, but the setting, land, and water security create a rare long-term opportunity is . A special chance to create a legacy compound with room to grow in a prime location between Santa Fe and Los Alamos. While traditional investments face unprecedented uncertainty, this 2-parcel, 4-unit property offers what paper assets cannot: tangible income-generating real estate with water rights in a supply-constrained market. Multiple revenue streams provide natural inflation protection as rents rise with the cost of living. Sees New Mexico real estate as undervalued vs. CA/CO/TX. Call for more information and to schedule your private showing today.