Set along the banks of the Chama River in Medanales, this 53+ acre riverfront ranch offers a rare combination of productive agricultural ground, exceptional water rights, and a truly inspiring natural setting. With approximately 42.5 irrigated acres currently in hay production, the property is producing approximately 3.5 to 4 tons per acre of quality horse hay. The ranch includes an impressive 127 acre-feet of water rights and holds the position of primary shareholder on the Tierra Azul Acequia, providing a valuable foundation for continued agricultural use. The land is high fenced and thoughtfully improved with an equipment barn, Conex container, two hay sheds, and a solar-powered system for RV hookups. Beyond its agricultural strength, the ranch offers extraordinary lifestyle and legacy potential. Two remarkable building envelopes are tucked into the bosque near the Chama River, offering privacy, cottonwood-lined surroundings, and exceptional western views. Whether envisioned as a working ranch, private riverfront retreat, equestrian property, or generational homestead, this Medanales offering captures the best of Northern New Mexico's irrigated river valley landscape.