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$280,000
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
$145,000
202602768 MLS ⋅ 37 DOM
Rare commercial opportunity in the heart of Española! This 0.62-acre B-2 Commercial lot is ideally located near local businesses, shopping, and major thoroughfares, offering excellent potential for a wide range of commercial uses. Utilities are already at the property, with electricity available for connection, helping reduce development costs and timelines. Valuable water rights are included, adding significant value to this investment. Whether you're looking to build retail, office, service, or mixed commercial space, this centrally located parcel is ready for your vision. Don't miss the chance to own one of the few development-ready commercial lots in the center of Española.

441 E Laguna St, Espanola
$495,000
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
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
$115,000
202602162 MLS ⋅ 67 DOM
Hurry to see this .80 acre lot in Upper San Pedro. Electric meter on site. Natural gas line in County Road 24 easement. Irrigated. Manufactured, mobile and modular homes allowed.

52 County Road 24, Espanola
$135,000
202602107 MLS ⋅ 69 DOM
Here's another fabulous and centrally-located .60 acre lot in the Fairview/Espanola area with irrigation water rights included! All utilities are next to this very flat and buildable residential parcel, which also boasts some beautiful mountain views. The Los Alamos National Laboratory is approximately a 30 minute drive away, and the driving distance to Santa Fe is approximately 30 minutes. The Espanola Fire Department Station #2 is just steps away on the same street and many of the areas best eateries and shops are located nearby. R-6 zoning. Come and take advantage of this rare opportunity!

0 La Joya Street, Espanola
$295,000
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
$45,000
202600912 MLS ⋅ 122 DOM
Available for purchase is a rare parcel (0.531 acres) located within the Espanola city limits. The west boundary of this property meanders along the "Vigiles ditch." The area below the acequia is flat and was formerly a garden, a use it could easily be restored to.

Tbd Calle Juan Jose Vigil, Espanola
$100,000
202504918 MLS ⋅ 184 DOM
Discover a truly unique opportunity to own a 1.019 acre prime piece of vacant land with water rights in the heart of Española, within the desirable McCurdy campus area. Don't miss this unique opportunity to build in a popular established community. The City of Espanola is building a city park across the street and it is right next to McCurdy school campus. Check in with the City of Espanola Planning and Zoning to get advice on your proposed plans or ideas of what can be done on the lot. Its central location offers easy access to both Los Alamos and Santa Fe. Don't miss out—come see this property before it's gone!

Tbd Camino Arbolera, Espanola
$62,500
202600222 MLS ⋅ 190 DOM
Residential lot with surface rights. Home on property at one time years ago. Seller does not know what condition utilities are in. Community water available.

227 La Puebla, Espanola
$47,500
202600221 MLS ⋅ 190 DOM
Residential lot with surface water rights. The property doesn't have any improvements. Electric nearby. Community water available.

225 La Puebla, Espanola
$300,000
202600017 MLS ⋅ 203 DOM

84/285 Hennigan Lot C Unit #Lot C, Espanola
$299,000
202505396 MLS ⋅ 222 DOM
Discover a spacious 0.62-acre parcel in the heart of beautiful northern New Mexico, located at 1814 State Road 76 in Española, NM 87532. This fully fenced lot offers privacy, security, and ample room for your vision—whether that’s a personal residence, custom build, or investment opportunity. Conveniently situated along the scenic State Road 76 corridor—part of the renowned High Road to Taos route, celebrated for its breathtaking mountain views, rolling landscapes, and proximity to the Rio Grande Valley. Key features include: • Generous size — 0.62 acres of usable land. • Utilities ready — Connected to city water, with electricity available at the property line for easy hookup. • Existing structures — A 1998 single-wide mobile home currently on site (not on a permanent foundation), offering immediate usability , Mobile home will convey with sale • Septic system — An existing unpermitted septic system is in place (buyer to verify permitting and condition).

1814 State Rd 76, Espanola
$30,000
202501352 MLS ⋅ 481 DOM
Sweet Commercial lot located off Paseo De Oñate. Owner will consider owner financing.

Tbd Paseo De Onate, Espanola

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.