Rare property with RIVER VIEWS and water rights! Discover the raw beauty and endless possibilities of this exceptional 19.86-acre property nestled in the heart of Northern New Mexico. Once dedicated agricultural land, this parcel offers a rare opportunity to build your dream home in a truly scenic and serene setting. The property stretches all the way to the banks of the Rio Grande, where it rests on a tranquil bend with stunning views downstream toward Black Mesa. Mostly flat and highly usable, the land presents numerous ideal building sites with panoramic views and direct access to nature. Whether you're looking to fish from your backyard, grow your own crops, or simply escape to open space, this unique property offers it all.
Lot/land
Price cut: $75K (3/4)
$540,000
120 Co Rd, Espanola, NM 87532
--beds
--baths
19.68Acres
Unimproved Land
Built in ----
19.68 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Water rightsScenic and serene settingNumerous ideal building sites
- 271 days |
- 293 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Jonathan M Ortiz 505-363-8451,
Southwest Elite Real Estate 505-798-6333,
Andrea A Romero 505-610-6481,
Southwest Elite Real Estate
Source: SWMLS,MLS#: 1088096
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 19.68 Acres
- Features: Meadow, Views, Wooded, Acreage
- Topography: Level
- Residential vegetation: Partially Wooded
Details
- Parcel number: 1046116101514
- Zoning description: A-1
- Horses can be raised: Yes
- Horse amenities: Horses Allowed
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Sewer Not Available, Water Not Available
Community & HOA
Community
- Subdivision: La Mesilla
Location
- Region: Espanola
Financial & listing details
- Annual tax amount: $1,848
- Date on market: 7/18/2025
- Cumulative days on market: 272 days
- Listing terms: Cash,Conventional,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Price change | $540,000-12.2% |
Source:  SWMLS #1088096 Report a problem | ||
| 10/2/2025 | Price change | $615,000-2.4% |
Source: SWMLS #1088096 Report a problem | ||
| 8/26/2025 | Price change | $630,000-3.1% |
Source: SWMLS #1088096 Report a problem | ||
| 7/18/2025 | Listed for sale | $650,000 |
Source: SWMLS #1088096 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 87532
Nearby schools
GreatSchools rating
- 3/10Tony Quintana Elementary SchoolGrades: K-6Distance: 3.5 mi
- 5/10Carlos F. Vigil Middle SchoolGrades: 7-8Distance: 4.4 mi
- 6/10Espanola Valley High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: Sombra Del Monte
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
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