Active

58 Cr 120

Espanola, NM 87532
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Bed 2

Bed

Bath 1

Bath

SqFt1,530

Sqft

Acres5.06

Acres(Lot)

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 rea dy 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.

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Detail Ic Property Details

Property Type : Residential

Price : $649,000

AD Id : 89612878

MLS Id : 202603249

Beds : 2

Lot Size : 5.06 Acres

Living Area Size : 1,530 Sq. Ft

Tax Amount : $1,104

Year Built : 1918

Garage : 4

County : Rio Arriba

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1
  • Flooring Information

    Tile, Wood
  • Roofing Information

    Metal
  • Interior Features

    Beamed Ceilings Roof: Metal Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric Cooling: None

  • Building Information

    Year Built: 1918 Building Area Total: 1530 Pool Features: None Private Pool: No

  • Lot Information

    Main Square Feet: 5.06 Acres Lot Size Acres: 5.06 Lot Size Square Feet: 220282.92

  • Listing Price Information

    Listing Price: $649000 Original Price: $689900 Cash, Conventional, 1031 Exchange

  • Tax Information

    Tax Year: 2025 Annual Tax: $1104 Tax Legal Desc: Parcel 1-A, as shown on the Lot Line Adjustment Survey recorded as Rio Arriba County Case No. RAC 2020-076, Rio Arriba County, New Mexico. See recorded plat and title commitment for complete legal description.

  • Parking Information

    Parking Total: 4 Carport, Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 4

  • School Information

    Elementary School: Sombrillo
    Junior High School: Carlos F. Vigil Espanola Middle School
    Senior High School: Espanola Valley High
  • Utility Information

    Electricity Available
  • Location Information

    Direction: US-84/285 to NM-399 (La Mesilla). Follow NM-399, turn left onto County Road 120, then continue to 58 County Road 120 at the end of the private drive. WaterSource: Private, Well Security Features: Security Gate
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
25 Camino De Casimiro, Espanola, NM, 87532 $245,000 3 1 1,513 0.69 Acre
13 E Arroyo Alamo, Espanola, NM, 87532 $415,000 2 1 1,409 6.03 Acres
2346 Vista De Corral, Espanola, NM, 87532 $460,000 3 2 1,620 0.95 Acre
1907 E Shadowood, Espanola, NM, 87532 $235,000 2 1 970 0.23 Acre
204 El Llano Rd, Espanola, NM, 87532 $579,000 4 2 1,795 2.36 Acres
1461 Calle Cielito Lindo, Espanola, NM, 87532 $395,000 3 2 2,000 0.23 Acre
11 Calle Chiripada, Espanola, NM, 87532 $379,900 5 2 2,371 0.81 Acre
749 S Mccurdy Rd, Espanola, NM, 87532 $415,000 3 1 1,839 0.85 Acre
755A S Mccurdy Rd Rd, Espanola, NM, 87532 $339,900 2 1 1,334 0.17 Acre
526 Camino Arbolera, Espanola, NM, 87532 $344,000 3 2 1,500 0.23 Acre

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ByOwner last updated this listing 10/09/2026 @ 16:43

MLS: 202603249 LISTED BY: Chad Hanawalt, 1st Class Realty of Santa Fe 505-795-2470 SOURCE: Santa Fe Association of REALTORS

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