October 23, 2014

By Anca Gagiuc, Associate Editor

In northern New Mexico there’s a Ranch for Kids With Cancer that’s been listed for sale by its owner, WABC radio and Fox Business News morning personality, Don Imus. The main reason behind the transaction is Imus’ belief that his family could support more charitable foundations with funds generated by the sale.

The Imus Ranch is near the small community of Ribera, about 45 miles east of Santa Fe via Interstate 25; the property sits at more than 6,000 feet above sea level. The price asked by the owner is of $32 million. The money from the sale will go to unspecified 501(c) charitable organizations.

Founded in 1998 by Imus and his wife Deidre, the property has since served more than 2,000 children, hosting them for free between the months of June and August for nine days at a time; the ranch spans over 2,400 acres, and another 1,000 acres of contiguous personal property is also up for sale for an additional $3 million. The development totals 28 bedrooms and 34 bathrooms in 11 buildings. Additionally, the facility encompasses various barns, garages, greenhouses, and sheds. Moreover, the ranch is presented as “environmentally pure,” meaning that no pesticides or synthetic chemicals were used to maintain the property. The property is equipped with medical facilities and other accommodations for the guests.

 Photo courtesy of The Imus Ranch.

Tags: Acquisitions/Dispositions, Albuquerque Lead Story, Don Imus, Imus Ranch, Investors, Ranch for Kids With Cancer, single-family, WABC radio