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    59 Arroyo Leyba Rd Pena Blanca, NM 87041

    For Sale
    $400,000

    LAND - Pena Blanca, NM

    Lot size:
    8.42 Acres
    Days on Market:
    116
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 59 Arroyo Leyba Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Grassed
    Zoning
    Rural Residential
    APN
    R117269
    Lot size
    8.42 Acres

    Utilities

    Water front features
    Stream

    Santa Fe Properties, Inc. (505) 982-4466 [email protected]

    Listing agent Iwona Iwaniuk-Borisenko (505) 930-0203 License #51543

    Listing date Aug 12, 2025

    MLS# 202503680 Listing URL

    Copyright © 2025 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.

    Overview

    Pena Blanca Land Opportunity

    Located in Pena Blanca, between Santa Fe and Albuquerque, this 8.42-acre lot offers a rural living opportunity with convenient access off I-25. The flat, regularly shaped land provides views and is suited for building a custom home, with space for a garden, orchard, or small agricultural venture. Paved roads provide access nearly to the property line, and the land is fully fenced. Underground acequias are installed to support irrigation. A private well will be required for domestic water use. Participation in the Water Bank program through the Middle Rio Grande Conservancy District is possible with a 5-year agreement for agricultural activities. A neighboring ditch may also provide water access for livestock. The property is located in a serene setting with a few neighbors nearby.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Pena Blanca
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.3510692
    Latitude
    35.561197

    FAQs

    What type of property is this?
    Land - 8.42 acres in Pena Blanca, ready for your dream home.
    Where is this land located?
    The property is located at 59 Arroyo Leyba Rd Pena Blanca, NM.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Flat, regularly-shaped lot with beautiful views, ideal for building a custom home.; - Convenient location between Santa Fe and Albuquerque with easy I-25 access.; - Underground acequias already installed for irrigation.
    (505) 930-0203
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    59 Arroyo Leyba Rd Pena Blanca, NM 87041
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    Pena Blanca, NM 87041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    59 Arroyo Leyba Rd Pena Blanca, NM 87041
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