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$280,000

This rare and versatile fully fenced 2.89-acre property—comprising Lots 8 through 10 in the peaceful Rancho La Mesilla subdivision of Rio Arriba County—offers the perfect canvas for a custom site-built home, manufactured housing, or an equestrian hobby farm. Situated just south of Española along the scenic State Road 399 corridor on the eastern side of the Rio Grande, this flat, fertile parcel showcases spectacular views of the Sangre de Cristo and Jemez mountains. With an estimated local neighborhood median sold price hovering around $510,000, this unique multi-lot tract blends highly desirable agricultural valley privacy with easy regional highway access. Gas and electric access to the property line.

202603006 MLS ⋅ 19 DOM

This rare and versatile fully fenced 2.89-acre property—comprising Lots 8 through 10 in the peaceful Rancho La Mesilla subdivision of Rio Arriba County—offers the perfect canvas for a custom site-built home, manufactured housing, or an equestrian hobby farm. Situated just south of Española along the scenic State Road 399 corridor on the eastern side of the Rio Grande, this flat, fertile parcel showcases spectacular views of the Sangre de Cristo and Jemez mountains. With an estimated local neighborhood median sold price hovering around $510,000, this unique multi-lot tract blends highly desirable agricultural valley privacy with easy regional highway access. Gas and electric access to the property line.

Lot 8 Rancho La Mesilla, Espanola

$495,000

**MLS Property Description (Approx. 500 Words)** Exceptional opportunity to acquire approximately **11.33 acres** of prime residential development land in Española, New Mexico. Strategically located within the thriving Santa Fe–Española–Los Alamos corridor, this property offers developers and investors the chance to capitalize on one of Northern New Mexico's most underserved housing markets. Zoned **R-6 Urban Residential**, the site provides outstanding potential for a variety of residential development options, including townhomes, duplexes, condominiums, or other permitted residential uses, subject to buyer verification and governmental approvals. A conceptual development plan has been prepared illustrating the potential for approximately **66 townhouse-style residential units**, providing an excellent starting point for developers seeking to meet the growing demand for quality housing in the region. The property's size, zoning, and location make it well suited for a thoughtfully designed residential community that serves both local residents and professionals employed throughout Northern New Mexico. Positioned just minutes from downtown Española and approximately 22 miles from Los Alamos National Laboratory, the property benefits from one of the state's strongest economic drivers. Los Alamos National Laboratory continues to support thousands of high-quality jobs while contributing significantly to the regional economy. Combined with the employment opportunities found in Santa Fe and Española, this creates a strong demand for additional housing options throughout the area. The property has remained in the same family for generations and has historically been utilized for agricultural and grazing purposes. Today, it represents a rare opportunity to transform a large infill parcel into a vibrant residential neighborhood. The site offers attractive mountain views, a relatively level topography, and convenient access to schools, shopping, restaurants, healthcare facilities, and major transportation routes, making it an ideal location for future residents. The offering also includes valuable due diligence materials designed to help streamline the development process. Available information includes a conceptual site plan, appraisal, Phase I Environmental Site Assessment, market analysis, and preliminary financial analysis, allowing qualified purchasers to evaluate the property's development potential with confidence. Northern New Mexico continues to experience a significant housing shortage, creating favorable market conditions for new residential construction. Española sits at the center of a regional employment triangle connecting Santa Fe, Los Alamos, and surrounding communities, making it an increasingly attractive location for workforce and market-rate housing alike. As residential demand continues to outpace supply, opportunities to acquire development-ready land of this size and quality are becoming increasingly limited. Whether your vision includes a build-to-rent community, for-sale townhomes, workforce housing, or another residential development concept, this exceptional property provides the location, scale, and development potential necessary to bring your project to life. Rarely does an opportunity arise to acquire over 11 acres of residentially zoned land in such a strategic Northern New Mexico location. Developers and investors seeking long-term growth potential are encouraged to explore everything this outstanding property has to offer.

202602591 MLS ⋅ 46 DOM

**MLS Property Description (Approx. 500 Words)** Exceptional opportunity to acquire approximately **11.33 acres** of prime residential development land in Española, New Mexico. Strategically located within the thriving Santa Fe–Española–Los Alamos corridor, this property offers developers and investors the chance to capitalize on one of Northern New Mexico's most underserved housing markets. Zoned **R-6 Urban Residential**, the site provides outstanding potential for a variety of residential development options, including townhomes, duplexes, condominiums, or other permitted residential uses, subject to buyer verification and governmental approvals. A conceptual development plan has been prepared illustrating the potential for approximately **66 townhouse-style residential units**, providing an excellent starting point for developers seeking to meet the growing demand for quality housing in the region. The property's size, zoning, and location make it well suited for a thoughtfully designed residential community that serves both local residents and professionals employed throughout Northern New Mexico. Positioned just minutes from downtown Española and approximately 22 miles from Los Alamos National Laboratory, the property benefits from one of the state's strongest economic drivers. Los Alamos National Laboratory continues to support thousands of high-quality jobs while contributing significantly to the regional economy. Combined with the employment opportunities found in Santa Fe and Española, this creates a strong demand for additional housing options throughout the area. The property has remained in the same family for generations and has historically been utilized for agricultural and grazing purposes. Today, it represents a rare opportunity to transform a large infill parcel into a vibrant residential neighborhood. The site offers attractive mountain views, a relatively level topography, and convenient access to schools, shopping, restaurants, healthcare facilities, and major transportation routes, making it an ideal location for future residents. The offering also includes valuable due diligence materials designed to help streamline the development process. Available information includes a conceptual site plan, appraisal, Phase I Environmental Site Assessment, market analysis, and preliminary financial analysis, allowing qualified purchasers to evaluate the property's development potential with confidence. Northern New Mexico continues to experience a significant housing shortage, creating favorable market conditions for new residential construction. Española sits at the center of a regional employment triangle connecting Santa Fe, Los Alamos, and surrounding communities, making it an increasingly attractive location for workforce and market-rate housing alike. As residential demand continues to outpace supply, opportunities to acquire development-ready land of this size and quality are becoming increasingly limited. Whether your vision includes a build-to-rent community, for-sale townhomes, workforce housing, or another residential development concept, this exceptional property provides the location, scale, and development potential necessary to bring your project to life. Rarely does an opportunity arise to acquire over 11 acres of residentially zoned land in such a strategic Northern New Mexico location. Developers and investors seeking long-term growth potential are encouraged to explore everything this outstanding property has to offer.

1000 La Joya, Espanola

$484,953

This site is strategically located at one corner of the Los Alamos/Espanola/Santa Fe employment triangle, which boasts a population of 217,008, with a median age of 45 and an average household income of $101,364. There is also opportunity to gain an additional 10 acres from adjacent land owners.The property is being offered via BID process with a start price of $300,000, equating to $4,545 per unit, or $0.60/sf with projected rents of $1,825 per unit or $1.82 per square foot. The current owners are pleased to provide conceptual site plans and development models to qualified developer/investors who complete the online confidentiality agreement.Subject property might qualify for the next round of funding from MFA / OEF

1105202 MLS ⋅ 33 DOM

This site is strategically located at one corner of the Los Alamos/Espanola/Santa Fe employment triangle, which boasts a population of 217,008, with a median age of 45 and an average household income of $101,364. There is also opportunity to gain an additional 10 acres from adjacent land owners.The property is being offered via BID process with a start price of $300,000, equating to $4,545 per unit, or $0.60/sf with projected rents of $1,825 per unit or $1.82 per square foot. The current owners are pleased to provide conceptual site plans and development models to qualified developer/investors who complete the online confidentiality agreement.Subject property might qualify for the next round of funding from MFA / OEF

1000 La Joya Street, Espanola

$295,000

Build your vision on this prime 2.89-acre lot, centrally located in Española. This versatile property offers rural multifamily zoning, making it ideal for a variety of residential or investment possibilities. Utilities are available at the street for added convenience, and the property includes valuable water rights to the Acequia running along the back portion of the fenced lot. With ample space, excellent accessibility, and a desirable central location, this property presents a rare opportunity to create something truly special in the heart of Northern New Mexico.

202601976 MLS ⋅ 58 DOM

Build your vision on this prime 2.89-acre lot, centrally located in Española. This versatile property offers rural multifamily zoning, making it ideal for a variety of residential or investment possibilities. Utilities are available at the street for added convenience, and the property includes valuable water rights to the Acequia running along the back portion of the fenced lot. With ample space, excellent accessibility, and a desirable central location, this property presents a rare opportunity to create something truly special in the heart of Northern New Mexico.

0 Chamisal St, Espanola

$895,000

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.

3 Beds ⋅ 4 Baths ⋅ 202601497 MLS ⋅ 94 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

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.

3 Beds ⋅ 4 Baths ⋅ 202601465 MLS ⋅ 94 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

$675,000

This charming adobe home is ready for its new owners to step inside and appreciate its potential. Featuring original oak wood flooring (currently under carpet), the interior offers a clean slate, allowing a buyer to easily personalize the space. The property includes a two-car garage and a lovely screened-in outdoor porch. The land (3.6 acres) is a fantastic feature, surrounded by mature vegetation. While mostly covered in grass now, it can be readily prepared for planting the buyer's choice of fruits, vegetables, and/or flowers. There is ample space for farm animals. For the avid gardener or farmer, the property is equipped with valuable irrigation rights and a dedicated extra well for working the soil. Outbuildings provide perfect storage for all landscaping and farming tools. This home and land are poised to become a dream dwelling for a family that enjoys a vibrant lifestyle, both indoors and out, surrounded by nature and the things they cherish.

3 Beds ⋅ 2 Baths ⋅ 202600969 MLS ⋅ 125 DOM

This charming adobe home is ready for its new owners to step inside and appreciate its potential. Featuring original oak wood flooring (currently under carpet), the interior offers a clean slate, allowing a buyer to easily personalize the space. The property includes a two-car garage and a lovely screened-in outdoor porch. The land (3.6 acres) is a fantastic feature, surrounded by mature vegetation. While mostly covered in grass now, it can be readily prepared for planting the buyer's choice of fruits, vegetables, and/or flowers. There is ample space for farm animals. For the avid gardener or farmer, the property is equipped with valuable irrigation rights and a dedicated extra well for working the soil. Outbuildings provide perfect storage for all landscaping and farming tools. This home and land are poised to become a dream dwelling for a family that enjoys a vibrant lifestyle, both indoors and out, surrounded by nature and the things they cherish.

47 Nm 581, Espanola

$300,000

202600017 MLS ⋅ 203 DOM

84/285 Hennigan Lot C Unit #Lot C, Espanola

$225,000

202600016 MLS ⋅ 203 DOM

84/285 Hennigan Lot B Unit #Lot B, Espanola

$875,000

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.

3 Beds ⋅ 3 Baths ⋅ 202404674 MLS ⋅ 617 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