For sale

$765,000

23 County Road 108, Espanola, NM 87532

6beds

3,559sqft

$4,525/mo

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Single Family Residence

Built in 1978

1.32 Acres Lot

$-- Zestimate^®

$215/sqft

$-- HOA

What's special

Quality tileTwo car carportPrivate outside patio spaceFull kitchenTile flooringPlenty of yard spaceLaundry space

Income-Producing Compound in Coveted La Mesilla – Main Home + 3-Bed Guest House This beautifully updated private compound in desirable La Mesilla offers the perfect combination of comfortable living and proven income potential. The property features a spacious main house and a fully independent guest house, each with three bedrooms. Both homes have been successfully used for both long-term and short-term rentals, generating solid income. Enjoy a large open yard and plenty of outdoor space across the 1.32-acre lot. Each home has its own private front and back yards, creating excellent separation and privacy. The neighborhood is known for being quiet, safe, and friendly. La Mesilla is one of the most sought-after areas in the Valley, with minute commutes to Los Alamos, Santa Fe, and Abiquiú. Whether you’re looking for a multi-generational home for familia, a personal residence with guest space, or a turn-key investment property, this compound delivers.

453 days

212

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Heating

Forced Air, Natural Gas, Radiant

Cooling

Ductless, Evaporative Cooling, Refrigerated

Features

No Interior Steps
Flooring: Tile, Wood
Has basement: No
Has fireplace: No

Interior area

Total structure area: 3,559
Total interior livable area: 3,559 sqft

Video & virtual tour

Property

Parking

Total spaces: 10
Parking features: Carport
Has carport: Yes

Accessibility

Accessibility features: Accessibility Features

Features

Levels: One
Stories: 1

Lot

Size: 1.32 Acres

Details

Parcel number: 1047117140340
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Northern New Mexico
Property subtype: Single Family Residence

Materials

Foundation: Slab
Roof: Membrane,Metal,Pitched

Condition

Year built: 1978

Utilities & green energy

Electric: 220 Volts
Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Available

Community & HOA

Community

Security: Surveillance System

HOA

Has HOA: No

Location

Region: Espanola

Financial & listing details

Price per square foot: $215/sqft
Tax assessed value: $238,942
Annual tax amount: $2,044
Date on market: 5/30/2025
Listing terms: Conventional,New Loan
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/8/2026	Price change	$765,000-7.3%$215/sqft
Source: SFARMLS #202501993 Report a problem
3/23/2026	Price change	$825,000-3.4%$232/sqft
Source: SFARMLS #202501993 Report a problem
5/31/2025	Listed for sale	$854,000+185.6%$240/sqft
Source: SFARMLS #202501993 Report a problem
11/6/2019	Sold	--
Source: Agent Provided Report a problem
9/25/2019	Pending sale	$299,000$84/sqft
Source: Barker Realty, LLC #201903754 Report a problem
9/5/2019	Listed for sale	$299,000$84/sqft
Source: Barker Realty, LLC #201903754 Report a problem
8/31/2019	Pending sale	$299,000$84/sqft
Source: Barker Realty, LLC #201903754 Report a problem
8/14/2019	Listed for sale	$299,000$84/sqft
Source: Barker Realty, LLC #201903754 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,044 +12.1%	$79,648 +3%
2024	$1,822 +1.2%	$77,329 +3%
2023	$1,801	$75,076
2022	--	--
2021	--	--
2020	--	--
2019	--	--
2018	$1,210 +12.6%	--
2017	$1,075 -11.2%	$55,759 -4.9%
2016	$1,210	$58,644 +3%
2015	$1,210 +13.7%	$56,937 +3%
2014	$1,064 +6.7%	$55,279 +9.3%
2011	$997 +46.4%	$50,588 +12.9%
2009	$681	$44,795