Rare opportunity to own 7.62 acres of fertile land with 5.62 acre-feet of state-registered Pre-1907 Irrigation Water Rights, located just ¼ mile from the Rio Grande. This level, accessible parcel offers stunning mountain views and sits conveniently between Santa Fe and Albuquerque (30 minutes to each).
Enjoy nearby Cochiti Lake (10 min), fertile soil for farming, and abundant wildlife in a peaceful rural setting. Ideal for agriculture, recreation, development, or investment. Land and water rights can be purchased together or separately.
• Lot Size: 7.62 acres
• Water Rights: 5.62 acre-feet Pre-1907
• Price: $599,000 (land + water)
o Land only: $299,000
o Water rights only: $299,000
• Zoning: Rural/Agricultural
• Utilities: Electric At Lot Line, Septic & Well Required
Lot/land
$599,000
12 Sparkling Moolah Rd, Pena Blanca, NM 87041
--beds
--baths
7.62Acres
Unimproved Land
Built in ----
7.62 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 414 days
- 12
- 0
Zillow last checked:
Listing updated:
Listed by:
Rebekah Clark 505-577-1059,
Barker Realty, LLC 505-982-9836
Source: SFARMLS,MLS#: 202503923
Originating MLS: Santa Fe Association of REALTORS
Originating MLS: Santa Fe Association of REALTORSFacts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Features
- Exterior features: None
Lot
- Size: 7.62 Acres
Details
- Parcel number: R105866
- Zoning: Rural Residential
- Zoning description: Rural Residental Agricultural
- Special conditions: Standard
- Horses can be raised: Yes
Utilities & green energy
- Sewer: None
- Water: Well Needed
- Utilities for property: Electricity Available, Sewer Not Available
Community & HOA
Community
- Features: Fishing, Horse Trails, Hunting
HOA
- Has HOA: No
Location
- Region: Pena Blanca
Financial & listing details
- Date on market: 8/24/2025
- Listing terms: Cash,Conventional,New Loan,Owner Will Carry
- Electric utility on property: Yes
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Listed for sale | $599,000-40% |
Source:  SFARMLS #202503923 Report a problem | ||
| 8/22/2025 | Listing removed | $999,000 |
Source: SFARMLS #202403669 Report a problem | ||
| 8/31/2024 | Listed for sale | $999,000 |
Source: SFARMLS #202403669 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 87041
Nearby schools
Schools provided by the listing agent
- Elementary: Cochiti
- Middle: Bernalillo Middle School
- High: Bernalillo High School
Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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