76 & 78 County Road 114
Espanola, NM, 87532 $ 895,000
Bedrooms3 Baths3.1 Sq 1,700 Monthly Estimate*
$ 5,511
for $895,000 with 3 bedrooms and 3 full baths, 1 half bath. This 1,700 square foot property was built on a lot size of 57.9.
A rare opportunity to own a legacy property along the Rio Grande, held by the same family for generations and thoughtfully preserved for the future. Set on approximately 58 acres, the original owners chose to place the property into a conservation easement to protect its natural beauty, open space, and agricultural use, ensuring the land will remain largely unchanged for years to come. The land itself is both beautiful and highly usable, with a mix of bosque, open pasture, grassland, and river corridor. It offers privacy, wildlife, and a true connection to the landscape. Valuable acequia water rights with a 1695 priority date support farming, grazing, and equestrian use. There are two existing homes on the property totaling over 3,500 square feet. Each has its own character and history and could be used as-is, updated over time, or incorporated into a larger compound. There is also a designated approximately two-acre building envelope, allowing for a new custom home and additional structures if desired. While the conservation easement protects the land from overdevelopment, it still allows for residential use, agriculture, and low-impact recreational or retreat-style use. It’s a nice balance of being able to use the land while knowing it will stay protected. Whether someone is looking for a private retreat, a small ranch, a multigenerational setup, or simply a place with meaning and history, this is a property that doesn’t come along often.
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FeaturesGeneralSewer Septic Tank
Utilities Electricity Available
Possession Close Of Escrow
Zoning CRAD
Electric 220 Volts
Property Subtype Farm
Tax Year 2025
Waterfront Features River Front
County Rio Arriba
Property Type Farm
HOA false
Garage Y/N false
Green Water Conservation Gray Water System
Full Baths 1
Special Listing Conditions Standard
Status Active
Directions From Hwy 84/285 turn west on SR 399 towards La Mesilla turn right in approximately 2.9 miles on CR114 (Aeby Lane) property is towards end of road
High School Espanola Valley High
City Espanola
Disclosures Covenants/Restrictions Disclosure Lead Based Paint Disclosure
Lot Size Units Acres
Lot Size Square Feet 2522124
Listing Terms Cash Conventional New Loan
Elementary School Tony E. Quintana Elelmentary
Land Lease Y/N false
Tax Annual Amount 2266
Middle/Junior High School Carlos F. Vigil Espanola Middle School
MLS Area Minor 34-La Mesilla
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Property Sub Type Additional Farm Ranch
Taxes 7852
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InteriorInterior Amenities Interior Steps
Basement (Y/N) false
Fireplace Y/N false
Half Baths 1
3/4 Baths 2
Total Bedrooms 3
Total Baths 4
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ExteriorExterior Amenities None
Water Source Private Shared Well Well
Lot Size Area 57.9
Building Area Total 3600
Lot Size Acres 57.9
Lot Size Source Public Records
Waterfront Y/N true
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByRoberta LoweListing Agent
Sotheby's Int. Re/WashingtonBroker
roberta@robertalowe.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,511
- Monthly Property Taxes
- $189
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyFarm listings in Espanola, NM
Average List Price $895,000
Percent of Sale Price 0%
About Espanola, NM 10,072 Population
3% Since 2002
$ 30,047 Median Income
37.28 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Espanola Valley High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/23/2026 | $895,000 | | Listed Price |