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$649,000
2 Beds 1 Baths 202603249 MLS 25 DOM
NEW PRICE — $649,000! | PRICED BELOW APPRAISAL Own a Piece of Northern New Mexico History — and Create Your Vision. Discover a truly special property in coveted La Mesilla, where history, open land, agriculture, equestrian living, and endless possibilities come together on 5.057 acres. At the heart of the property is a thoughtfully updated 1918 adobe home filled with authentic Northern New Mexico character, including exposed vigas, a traditional Kiva fireplace, remodeled kitchen and bath, updated electrical and plumbing, and new Accent windows throughout. The home offers the flexibility to serve as a primary residence, guest retreat, studio, or potential casita. But the real opportunity is the land and infrastructure. Once operated as a horse breeding ranch, the property is ready for someone to bring that lifestyle back. A four-stall horse barn, hay barn, greenhouse, chicken coop, workshop/office, cool storage, additional outbuildings, fenced areas, irrigated pasture/orchard, agricultural water rights, and irrigation infrastructure provide an incredible foundation for an equestrian or agricultural homestead. An owned 12-panel tracking solar system, private well and septic, water filtration, and upgraded well equipment add even more value. Enjoy breathtaking views toward the Santa Fe National Forest and Jemez Mountains, abundant wildlife, privacy, and the peaceful character of rural Northern New Mexico—yet you're only minutes from Española with easy access toward Santa Fe and Los Alamos. Whether you envision a private retreat, horse ranch, agricultural homestead, guest/casita property, or future estate, this is an opportunity to create something truly your own. 5.057 acres. Water. Solar. Equestrian potential. Mountain views. Endless possibilities.

58 Cr 120, Espanola

$895,000
3 Beds 4 Baths 202601497 MLS 140 DOM
A rare opportunity to own a legacy property along the Rio Grande, held by the same family for generations and thoughtfully preserved for the future. Set on approximately 58 acres, the original owners chose to place the property into a conservation easement to protect its natural beauty, open space, and agricultural use, ensuring the land will remain largely unchanged for years to come. The land itself is both beautiful and highly usable, with a mix of bosque, open pasture, grassland, and river corridor. It offers privacy, wildlife, and a true connection to the landscape. Valuable acequia water rights with a 1695 priority date support farming, grazing, and equestrian use. There are two existing homes on the property totaling over 3,500 square feet. Each has its own character and history and could be used as-is, updated over time, or incorporated into a larger compound. There is also a designated approximately two-acre building envelope, allowing for a new custom home and additional structures if desired. While the conservation easement protects the land from overdevelopment, it still allows for residential use, agriculture, and low-impact recreational or retreat-style use. It’s a nice balance of being able to use the land while knowing it will stay protected. Whether someone is looking for a private retreat, a small ranch, a multigenerational setup, or simply a place with meaning and history, this is a property that doesn’t come along often.

76 & 78 County Road 114, Espanola

$895,000
3 Beds 4 Baths 202601465 MLS 140 DOM
A rare opportunity to own a legacy property along the Rio Grande, held by the same family for generations and thoughtfully preserved for the future. Set on approximately 58 acres, the original owners chose to place the property into a conservation easement to protect its natural beauty, open space, and agricultural use, ensuring the land will remain largely unchanged for years to come. The land itself is both beautiful and highly usable, with a mix of bosque, open pasture, grassland, and river corridor. It offers privacy, wildlife, and a true connection to the landscape. Valuable acequia water rights with a 1695 priority date support farming, grazing, and equestrian use. There are two existing homes on the property totaling over 3,500 square feet. Each has its own character and history and could be used as-is, updated over time, or incorporated into a larger compound. There is also a designated approximately two-acre building envelope, allowing for a new custom home or additional structures if desired. While the conservation easement protects the land from overdevelopment, it still allows for agriculture use, low-impact recreational or retreat-style use. It’s a nice balance of being able to use the land while knowing it will stay protected. Whether someone is looking for a private retreat, a small ranch, a multigenerational setup, or simply a place with meaning and history, this is a property that doesn’t come along often.

76 & 78 County Road 114, Espanola

$875,000
3 Beds 3 Baths 202404674 MLS 663 DOM
First Time on the Market! Rarely does a property of this caliber become available in Northern New Mexico. Built in 1962 by the Vigil family, this exceptional adobe hacienda showcases authentic New Mexico craftsmanship and timeless architectural details throughout. Offering over 3,000 square feet of living space on two levels, the home features beautiful wood floors, hand-carved viga beams, hand-troweled plaster walls, and three traditional kiva fireplaces. Designed and constructed with quality in mind, the home reflects superior craftsmanship from its solid foundation to its sturdy walls and roof. Detailed architectural plans documenting the home's construction are available, adding to its unique historical significance. The spacious floor plan includes 3 bedrooms, 3 bathrooms, generous living and entertaining areas, a well-appointed kitchen, and abundant storage. The classic hacienda-style design offers warmth, comfort, and authentic Northern New Mexico character. Situated on 4.29 acres of irrigated land with registered water rights, this property offers endless possibilities. Create your dream garden, cultivate produce, raise livestock, or enjoy ample space for horses and equestrian activities. Set well back from the road, the home enjoys a peaceful and private setting with room to expand and enjoy the surrounding landscape. Conveniently located just 25 minutes from both Santa Fe and Los Alamos, this property offers the perfect balance of rural living and convenient access to shopping, dining, employment centers, and cultural amenities. Located in Rio Arriba County, it benefits from lower property taxes than neighboring Santa Fe County. With no HOA and no restrictive covenants, you'll enjoy the freedom to use and enjoy the property as you choose. A rare opportunity to own a historic adobe estate featuring irrigated acreage, valuable water rights, privacy, quality craftsmanship, and an exceptional location. House is priced to sell below appraised value.

184 Lower San Pedro Road, Espanola

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The data relating to real estate for sale in this web site comes in part from the Internet Data exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Scarborough Realty Group are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the SANTA FE ASSOCIATION OF REALTORS®.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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