Irrigated Agricultural
For Sale
$149,900
58 CR 120 lot 1-A, Espanola, NM 87532
Land, Espanola, NM
Property SizeContact for details
Lot Size1.22 Acres
Days on Market10
Property Features for 58 CR 120 lot 1-A
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
1.22 Acres
Taxes and HOA fees
Tax Description
Lot 1-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 1-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
Changed: Aug 21
Last Checked: Aug 28 at 12:06AM
MLS# 202603641
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 parcel is currently maintained as pasture and carries Rural Residential zoning. Irrigation improvements include underground 8-inch tubing and a dedicated access valve. Seller-provided information identifies approximately 1.2 acres of domestic agricultural water rights associated with the property.
The land is situated in La Mesilla near Espanola, with surrounding mountain views and access to Los Alamos and Santa Fe. Agricultural water resources and existing irrigation components support continued evaluation for rural agricultural applications, subject to independent verification of water rights, access, easements, utilities, zoning, and building potential.
The land is situated in La Mesilla near Espanola, with surrounding mountain views and access to Los Alamos and Santa Fe. Agricultural water resources and existing irrigation components support continued evaluation for rural agricultural applications, subject to independent verification of water rights, access, easements, utilities, zoning, and building potential.
Key Highlights
- Approximately 1.2 acres of domestic agricultural water rights
- Underground 8‑inch irrigation tubing installed
- Dedicated water access valve on the property
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 acreage currently used as pasture, with agricultural water infrastructure in place.
Where is this agricultural land / farmland located?
The property is located at 58 CR 120 lot 1-A Espanola, NM.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Approximately 1.2 acres of domestic agricultural water rights; Underground 8‑inch irrigation tubing installed; Dedicated water access valve on the property
