Agricultural Land with
For Sale
$184,900
58 CR 120, Espanola, NM 87532
Land, Espanola, NM
Property SizeContact for details
Lot Size1.63 Acres
Days on Market10
Property Features for 58 CR 120
General Information
Property type
Land
Property subtype
Other
Zoning
Rural Residential
Zoning description
Agricultural / Rural Residential
Elementary school
Sombrillo
Middle school
Carlos F. Vigil Espanola Middle School
High school
Espanola Valley High
Directions
US-84/285 to NM-399 (La Mesilla). Follow NM-399, turn left onto County Road 120, then continue to 58 County Road 120 at the end of the private drive.
Standard status
Active
Lot size
1.63 Acres
Taxes and HOA fees
Tax Description
Lot 3-A, as shown on the Lot Line Adjustment Survey recorded as Rio Arriba County Case No. RAC 2020-076, Rio Arriba County, New Mexico. See recorded plat and title commitment for complete legal description.
Legal Description
Lot 3-A, as shown on the Lot Line Adjustment Survey recorded as Rio Arriba County Case No. RAC 2020-076, Rio Arriba County, New Mexico. See recorded plat and title commitment for complete legal description.
Listing Agency:
1st Class Realty of Santa Fe
(505) 795-2470
Listed By:
Chad Hanawalt · License #REC20250795
(505) 310-0090
Added: Aug 19
Last Checked: Aug 28 at 12:06AM
MLS# 202603642
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This agricultural land parcel is currently used as pasture in the La Mesilla area. Improvements include underground 8-inch irrigation tubing and two water access valves. Domestic agricultural water rights covering approximately 1.6 acres are associated with the property. Electrical and natural gas lines run within the property, while Rural Residential zoning governs the site.
The property is located at 58 CR 120 in Espanola, New Mexico, with access to the broader Northern New Mexico area, including Los Alamos and Santa Fe. Mountain views contribute to the rural setting. The land may support agricultural activities such as crops, an orchard, or horses, subject to independent verification of water rights, utilities, zoning, access, easements, boundaries, and building potential.
The property is located at 58 CR 120 in Espanola, New Mexico, with access to the broader Northern New Mexico area, including Los Alamos and Santa Fe. Mountain views contribute to the rural setting. The land may support agricultural activities such as crops, an orchard, or horses, subject to independent verification of water rights, utilities, zoning, access, easements, boundaries, and building potential.
Key Highlights
- Agricultural land currently used as pasture in La Mesilla
- Approximately 1.6 acres of domestic agricultural water rights
- Underground 8‑inch irrigation tubing installed
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 87532, NM
19,017
Population
8,946
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
85%
High-School Grad
109.5 sq mi
ZIP Area
174
Density / Sq Mi
$57,077
Median Household Income
$42,365
Median Earnings
$887
Median Rent
$225,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Rural Residential zoning and installed irrigation infrastructure support continued agricultural use.
Where is this agricultural land / farmland located?
The property is located at 58 CR 120 Espanola, NM.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: Agricultural land currently used as pasture in La Mesilla; Approximately 1.6 acres of domestic agricultural water rights; Underground 8‑inch irrigation tubing installed
