King Brothers' Alamo Ranch In New Mexico Sells

RIO RANCHO, N.M. (AP) — A real estate group that markets properties across the West says a sprawling New Mexico ranch owned by the family of former Gov. Bruce King has been sold. Purchased by the late King and his brothers in 1961, Alamo Ranch is considered one of the state's legacy ranches. It stretches across more than 100 square miles of high desert hills, prairies of native grass and arroyos in Sandoval County. The ranch went on the market in February for $33 million. Hall and Hall Real Estate did not immediately release any details about the recent sale. The ranch has views of the Jemez Mountains to the north, Albuquerque's city lights to the southeast and Mount Taylor on the west. It's bordered by two Native American pueblos and unincorporated land adjacent to Rio Rancho.