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$895,000
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
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
$875,000
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

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