Residential Development Land
For Sale
$495,000
Pending
1000 La Joya, Espanola, NM 87532
LAND - Espanola, NM
Property SizeContact for details
Lot Size100,000.00 Acres
Days on Market85
Property Features for 1000 La Joya
General Information
Property type
Land
Property subtype
Other
Zoning
MH,R-1, 2, 3, 4, 5, 6
Zoning description
Multifamily
Elementary school
Tony E. Quintana Elelmentary
Middle school
Carlos F. Vigil Espanola Middle School
High school
Espanola Valley High
Special listing conditions
Auction
Standard status
Pending
APN
174655616
Lot size
100,000.00 Acres
Taxes and HOA fees
Tax Description
TR-267 & 267A, NE S2 T20N R 8E, 11.62 AC IRRIGATED LAND
Legal Description
TR-267 & 267A, NE S2 T20N R 8E, 11.62 AC IRRIGATED LAND
Utilities
Sewer type
Public Sewer
Listing Agency:
Maestas Real Estate
(505) 463-3565
Listed By:
Anita Maestas · License #16029
(505) 463-3565
Added: Jun 10
Changed: Jul 17
Last Checked: Sep 2 at 5:06AM
MLS# 202602591
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 offering is a residential development land parcel with zoning listed as MH and R-1 through R-6. Public remarks describe the site as approximately 11.33 acres of primarily residentially zoned land in Espanola, New Mexico, historically used for agricultural and grazing purposes. A conceptual development plan is noted as illustrating potential for approximately 66 townhouse-style units, supported by included due diligence materials intended to help streamline evaluation and early planning.
The property is described as being located within the Santa Fe–Espanola–Los Alamos corridor, with proximity to downtown Espanola and approximately 22 miles from Los Alamos National Laboratory. The remarks also cite relatively level topography and mountain views, along with convenient access to schools, shopping, restaurants, healthcare facilities, and major transportation routes.
The package of available information is listed as including a conceptual site plan, appraisal, Phase I Environmental Site Assessment, market analysis, and preliminary financial analysis, which may assist qualified purchasers in assessing feasibility and development potential, subject to buyer verification and governmental approvals.
The property is described as being located within the Santa Fe–Espanola–Los Alamos corridor, with proximity to downtown Espanola and approximately 22 miles from Los Alamos National Laboratory. The remarks also cite relatively level topography and mountain views, along with convenient access to schools, shopping, restaurants, healthcare facilities, and major transportation routes.
The package of available information is listed as including a conceptual site plan, appraisal, Phase I Environmental Site Assessment, market analysis, and preliminary financial analysis, which may assist qualified purchasers in assessing feasibility and development potential, subject to buyer verification and governmental approvals.
Key Highlights
- Approximately 11.33‑acre residential development land in Espanola, New Mexico
- Zoned R‑6 Urban Residential, with potential for townhomes, duplexes, condominiums, or other permitted residential uses (buyer to verify)
- Conceptual development plan prepared for approximately 66 townhouse‑style residential units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
268
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned for urban residential use, this parcel offers scale for planning a multi-unit housing development.
Where is this residential land & home lot located?
The property is located at 1000 La Joya Espanola, NM.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Approximately 11.33‑acre residential development land in Espanola, New Mexico; Zoned R‑6 Urban Residential, with potential for townhomes, duplexes, condominiums, or other permitted residential uses (buyer to verify); Conceptual development plan prepared for approximately 66 townhouse‑style residential units
