Are you looking for a property to spread your wings and also have rental income? Now is your chance to own the beautiful Spirit Horse Ranch a spectacular rural property close to Santa Fe and Los Alamos without the same price tag! This is a wonderful compound on over 7.6 acres with a mostly adobe main house (2bed/1bath) and guest house (1bed/1bth) plus a studio. The main house and guesthouse both have all the Northern New Mexico charm including vigas and latillas; brick, hardwood, and saltillo tile floors; thick walls; and kiva fireplaces. Also included are full equestrian facilities, barns, stalls, riding arena and pasture land. This gorgeous property also includes a private well and irrigation rights for all your animals and agricultural needs. This is in a rural setting but is close to schools, shopping, and restaurants. Short commute to Los Alamos and Santa Fe. This awesome property checks all the boxes including rental income to help pay your mortgage!
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1522 El Llano Rd, Espanola, NM 87532
4beds
3,689sqft
Single Family Residence
Built in ----
7.6 Acres Lot
$640,900 Zestimate®
$--/sqft
$3,015 Estimated rent
Home value
$640,900
$590,000 - $692,000
$3,015/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Maria R. Leyba 505-913-0944,
Leyba Real Estate, LLC,
Gabriel Leyba,
Leyba Real Estate, LLC
Bought with:
Jason E. Grinage, 52726
Santa Fe Realty Unlimited
Source: SFARMLS,MLS#: 202200739
Originating MLS: Santa Fe Association of REALTORS
Originating MLS: Santa Fe Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Forced Air, Fireplace(s), Natural Gas
Cooling
- Central Air, Refrigerated
Appliances
- Included: Gas Cooktop, Refrigerator
Features
- Beamed Ceilings, Interior Steps
- Flooring: Brick, Wood
- Has basement: No
- Number of fireplaces: 3
- Fireplace features: Kiva, Wood Burning
Interior area
- Total structure area: 3,689
- Total interior livable area: 3,689 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, RV Garage
- Garage spaces: 1
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: One
- Stories: 1
- Exterior features: Horse Facilities
Lot
- Size: 7.6 Acres
Details
- Additional structures: Outbuilding, Studio/Office
- Parcel number: 1048121260448
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subtype: Single Family Residence
Materials
- Adobe, Frame, Stucco
- Roof: Flat
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Electricity Available
Community & HOA
HOA
- Has HOA: No
- Amenities included: Spa/Hot Tub
Location
- Region: Espanola
Financial & listing details
- Tax assessed value: $522,907
- Annual tax amount: $5,010
- Date on market: 3/11/2022
- Cumulative days on market: 402 days
- Listing terms: Cash,New Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2025 | Listing removed | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 9/20/2025 | Listed for rent | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 8/11/2023 | Sold | -- |
Source:  SFARMLS #202200739 Report a problem | ||
| 6/16/2023 | Pending sale | $629,000$171/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 5/28/2023 | Price change | $629,000-3.1%$171/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 5/24/2023 | Listed for sale | $649,000$176/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 4/30/2023 | Pending sale | $649,000$176/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 1/11/2023 | Price change | $649,000-3.9%$176/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 11/4/2022 | Price change | $675,000-2.9%$183/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 10/11/2022 | Price change | $695,000-0.6%$188/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 9/2/2022 | Price change | $699,000-4.9%$189/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 8/5/2022 | Listed for sale | $735,000$199/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 7/5/2022 | Pending sale | $735,000$199/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 4/18/2022 | Price change | $735,000+13.3%$199/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 3/11/2022 | Listed for sale | $649,000+18%$176/sqft |
Source: SFARMLS #202200739 Report a problem | ||
| 12/3/2021 | Sold | -- |
Source: SFARMLS #202002932 Report a problem | ||
| 10/12/2021 | Pending sale | $550,000$149/sqft |
Source: SFARMLS #202002932 Report a problem | ||
| 9/3/2021 | Price change | $550,000-5.2%$149/sqft |
Source: SFARMLS #202002932 Report a problem | ||
| 6/2/2021 | Price change | $580,000-7.8%$157/sqft |
Source: SFARMLS #202002932 Report a problem | ||
| 2/18/2021 | Price change | $629,000-1.6%$171/sqft |
Source: SFARMLS #202002932 Report a problem | ||
| 3/11/2020 | Price change | $639,000-1.5%$173/sqft |
Source: United Country N New Mexico RE #201903407 Report a problem | ||
| 7/22/2019 | Listed for sale | $649,000$176/sqft |
Source: United Country N New Mexico RE #201903407 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,010 +9.1% | $174,302 +1% |
| 2024 | $4,595 +43.8% | $172,512 +49.4% |
| 2023 | $3,194 +9.5% | $115,480 +5.1% |
| 2022 | $2,917 +57% | $109,894 +30.9% |
| 2021 | $1,858 -2.9% | $83,949 -1.9% |
| 2020 | $1,913 | $85,541 +87% |
| 2019 | $1,913 +128.7% | $45,749 +3% |
| 2018 | $836 -3% | $44,427 |
| 2017 | $863 -10.8% | $44,427 -4.6% |
| 2016 | $967 | $46,572 +3% |
| 2015 | $967 +5.3% | $45,226 |
| 2014 | $918 +3.1% | $45,226 +1.8% |
| 2011 | $890 +37.4% | $44,427 |
| 2009 | $648 | $44,427 |
Find assessor info on the county website
Neighborhood: 87532
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Nearby schools
GreatSchools rating
- 3/10Tony Quintana Elementary SchoolGrades: K-6Distance: 1.7 mi
- 5/10Carlos F. Vigil Middle SchoolGrades: 7-8Distance: 3.3 mi
- 6/10Espanola Valley High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Espanola
- Middle: Carlos F. Vigil Espanola Middle School
- High: Espanola Valley High
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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Estimated market value
$640,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$640,900
- New Mexico
- Santa Fe County
- Espanola
- 87532
- 1522 El Llano Rd
Nearby cities
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