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76 & 78 County Road 114

Espanola, NM 87532
  • $895,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 202601465
UPDATED: 33 min ago
$895,000
  • 3
    BEDS
  • 57.9
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,600
    SQFT
  • $249
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1981
County:

Description

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.

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Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. 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 The Very Best Santa Fe Team - Keller Williams 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-05-12T23:51:32.777.
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76 & 78 County Road 114 Espanola, NM 87532

  • Price: $895,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 33 min ago
  • MLS #: 202601465
3
Beds
3
Baths
1
½ Baths
57.9
Acres
3,600
SQFT
$249
$/SQFT
1981
Built
Neighborhood:
34-La Mesilla
County:
Rio Arriba
Area:
34-La Mesilla
Elementary School:
Tony E. Quintana Elelmentary
Middle School:
Carlos F. Vigil Espanola Middle School
High School:
Espanola Valley High
Property Description
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.
Exterior Features

Architectural Style Northern New Mexico Carport YN Yes Construction Materials Adobe Frame Stucco Garage YN No Levels Two Parking Features Carport Parking Total 10 Roof Metal Waterfront YN Yes

Interior Features

Basement YN No Cooling Ductless Refrigerated Cooling YN Yes Electric 220 Volts Fireplace Features Wood Burning Wood Burning Stove Fireplace YN Yes Fireplaces Total 2 Flooring Brick Concrete Tile Wood Foundation Details Slab Heating Ductless Fireplace(s) Passive Solar Radiant Floor Wood Stove Heating YN Yes Interior Features Interior Steps Living Area 1700 Window Features Insulated Windows

Property Features

Accessibility Features Not ADA Compliant Disclosures Lead Based Paint Disclosure Green Water Conservation Gray Water System Low- Flow Fixtures Horse YN Yes Land Lease YN No Lease Considered YN No Listing Terms Cash Conventional New Loan New Taxes Expense 7852.1 Property Attached YN No Property Sub Type Single Family Residence Property Sub Type Additional Detached Single Family Residence Sale Or Lease Indicator For Sale Security Features Dead Bolt(s) Heat Detector Smoke Detector(s) Sewer Septic Tank Special Listing Conditions Standard Tax Annual Amount 2265.8 Tax Year 2025 Utilities High Speed Internet Available Electricity Available Water Source Private Shared Well Well Zoning CRAD

Santa Fe Association of Realtors logo Listing provided courtesy of Roberta Lowe of Sotheby's Int. RE/Washington: (505) 988-8088. © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. 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 The Very Best Santa Fe Team - Keller Williams 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-05-12T23:51:32.777.
 
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