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For sale
    • Price cut: $21.9K (9/3)
    $668,000

    58 County Road 120, Espanola, NM 87532

    2beds
    1,530sqft
    : 
    $4,002/mo
    Get pre-qualified
    Single Family Residence
    Built in 1918
    5.06 Acres Lot
    $-- Zestimate®
    $437/sqft
    $-- HOA

    What's special

    Hay barnTraditional kiva fireplaceIrrigated pastureFour-stall horse barnMultiple outbuildingsAdobe chicken coopAbundant wildlife
    PRICE IMPROVEMENT!!! A rare opportunity to own a true Northern New Mexico legacy property in coveted La Mesilla. This 5.057-acre parcel features a beautifully maintained 1918 native adobe home with approximately 1,530± sq. ft., 2 bedrooms, 1 bath, exposed viga ceilings, a traditional Kiva fireplace and thoughtful updates. The property offers a four-stall barn, fenced pasture, greenhouse, workshop/office, adobe chicken coop, hay barn, cool storage and additional outbuildings. Domestic agricultural water rights through the La Mesilla Community Ditch and Santa Cruz Irrigation District support pasture and orchard use, with underground irrigation infrastructure already in place. An owned 12-panel solar tracking system adds to the property's appeal. Enjoy mountain views, privacy, mature landscaping and the peaceful rural character of La Mesilla, just six miles from Española. Additional adjoining parcels are pending sale: Lot 1-A (1.223 acres) $149,900 and Lot 3-A (1.633 acres) $184,900. Farm and ranch equipment may convey with an acceptable offer.
    19 days
    301
    12

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Hanawalt 505-310-0090,

    1st Class Realty of Santa Fe 505-795-2470

    Source: SFARMLS,MLS#: 202603249MLS LogoOriginating MLS: Santa Fe Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom 1
      • Description: Master Bedroom
      • Level: First
      • Dimensions: 13x13
      Bedroom 2
      • Description: Spare Bedroom
      • Level: First
      • Dimensions: 15x12
      Dining room
      • Description: Dining Room
      • Level: First
      • Dimensions: 17x10
      Kitchen
      • Description: Kitchen
      • Level: First
      • Dimensions: 17x12
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave
      Features
      • Beamed Ceilings, No Interior Steps
      • Flooring: Tile, Wood
      • Windows: Insulated Windows
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Kiva, Wood Burning
      Interior area
      • Total structure area: 1,530
      • Total interior livable area: 1,530 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, Detached, Garage
      • Garage spaces: 4
      • Has carport: Yes
      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Horse Facilities
      • Pool features: None
      Lot
      • Size: 5.06 Acres
      Details
      • Additional structures: Barn(s), Greenhouse, Outbuilding, Stable(s), Storage
      • Parcel number: 1046116140493
      • Zoning: Rural Residential
      • Zoning description: Agricultural / Rural Residential
      • Special conditions: Standard
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Northern New Mexico
      • Property subtype: Single Family Residence
      Materials
      • Roof: Metal
      Condition
      • Year built: 1918

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: High Speed Internet Available, Electricity Available

      Community & HOA

      Community
      • Security: Security Gate
      HOA
      • Has HOA: No
      Location
      • Region: Espanola

      Financial & listing details

      • Price per square foot: $437/sqft
      • Tax assessed value: $122,292
      • Annual tax amount: $1,104
      • Date on market: 8/16/2026
      • Listing terms: Cash,Conventional,1031 Exchange,New Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/3/2026Price change$668,000-3.2%$437/sqft
        Source: SFARMLS #202603249 Report a problem
        8/19/2026Price change$689,900-30.7%$451/sqft
        Source: SFARMLS #202603249 Report a problem
        8/16/2026Listed for sale$995,000$650/sqft
        Source: SFARMLS #202603249 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,022 +12.2%$40,764 +3%
        2024$911 +1.3%$39,584 +3%
        2023$899 +4.7%$38,437 +1.2%
        2022$859 +14.9%$37,966 +3%
        2021$748 -15.9%$36,867 -14.1%
        2020$889 $42,924 -1.7%
        2019$889 +17.7%$43,683 +3%
        2018$755 -3.2%$42,417
        2017$781 -9.4%$42,417 -2.9%
        2016$862 $43,683 +0.4%
        2015$862 +10.9%$43,497 +3%
        2014$777 +6.9%$42,237 +9%
        2011$727 +29.1%$38,747 -0.1%
        2009$563 $38,788
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 87532

        Getting around

        7 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sombrillo
        • 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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