Penasco, NM
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    Penasco, NM Agricultural Land / Farmland for Sale

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    7.71 Acres in Penasco, NM
    $385,500
    7.71 Acres

    7.71 Acres in Penasco, NM

    TBD Tract B Roybal Road, Penasco, NM 87553

    7.71-acre plot ideal for farming, ranching, or construction.

    • 7.71‑acre plot ideal for farming, ranching, or construction.
    • Surface irrigation water rights included.
    • Incredible views of the Penasco valley.
    • Ample space for building a house.
    • Proximity to Penasco and Rio Lucio communities.
    Updated: Dec 5, 2025
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    Land with Mountain Views
    $165,000
    2.90 Acres

    Land with Mountain Views

    Roybal Rd, Rio Lucio, NM 87553

    2.9 acres in Rio Lucio with acequia water rights.

    • Breathtaking views of Jicarita Peak.
    • +-2.9 acre flat land with acequia water rights.
    • Community water access eliminates the need for a well.
    • Easy access off NM75 on Roybal Road.
    • Electric nearby for convenient hookup.
    Updated: Sep 30, 2024
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    Rio Lucio Fenced Land Parcel
    $70,800
    1.18 Acres

    Rio Lucio Fenced Land Parcel

    1.18-acre fenced lot in Rio Lucio, near State Road 75.

    Tract D State Road 75, Rio Lucio, NM 87553
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Penasco, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    4.9 Acres in La Mesilla
    $150,000
    4.90 Acres

    4.9 Acres in La Mesilla

    4.9 acres of land in La Mesilla, Espanola, NM.

    County Rd 127, Espanola, NM 87532
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    Abiquiu Land with Utilities Ready
    $475,000
    5.00 Acres

    Abiquiu Land with Utilities Ready

    5-acre parcel near Abiquiu Inn with well and electricity.

    31A Rancho Acequias, Abiquiu, NM 87510
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    20 Acres in Abiquiu, NM
    $70,000
    20.00 Acres

    20 Acres in Abiquiu, NM

    20 acres of untouched Southwest beauty in Abiquiu, NM.

    El Rito Estates, Abiquiu, NM 87510
    View details
    Land Available in Espanola, NM
    $225,000
    500,678 SF

    Land Available in Espanola, NM

    Land for sale in Espanola, New Mexico.

    84/285 Hennigan #Lot B, Espanola, NM 87532
    View details

    Penasco, NM Agricultural Land / Farmland Investment Opportunities Market Analysis

    Explore 3 agricultural land / farmland for sale in Penasco, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $621,300.

    Sale prices for farmlands in Penasco, NM start at $70,800, averaging $207,100, and reaching up to $385,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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