Nidia Marrufo

76 & 78 County Road 114

Espanola, NM
$ 895,000 Beds 3 Baths 3.5 Sq 1,700
Monthly Estimate* How much can I afford?

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 or additional structures if desired. While the conservation easement protects the land from overdevelopment, it still allows for agriculture use, 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.

Active

  • Price
  • $ 895,000
  • City
  • Espanola
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • Rio Arriba
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 57.9 Acres
  • Zip
  • 87532
  • Sqr Footage
  • 1,700
  • Year Built
  • 1981
  • Taxes
  • $ 2265
  • Style
  • MLS#
  • 202601465
Listed By: Roberta Lowe with Sotheby's Int. RE/Washington.
Data Source: Santa Fe AOR (SFAR)

Features

General

Sewer Septic Tank
Heating Ductless,Fireplace(s),Passive Solar,Radiant Floor,Wood Stove
Cooling Ductless,Refrigerated
Utilities High Speed Internet Available,Electricity Available
Possession Close Of Escrow
Roof Metal
Zoning CRAD
Architectural Style Northern New Mexico
Security Features Dead Bolt(s),Heat Detector,Smoke Detector(s)
Construction Materials Adobe,Frame,Stucco
Year Built 1981
Electric 220 Volts
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Not ADA Compliant
County Rio Arriba
Property Type Residential
HOA false
Garage Y/N false
Green Water Conservation Gray Water System,Low-Flow Fixtures
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 Lead Based Paint Disclosure
Lot Size Units Acres
Lot Size Square Feet 2522124
Carport Y/N true
Listing Terms Cash,Conventional,New Loan
Elementary School Tony E. Quintana Elelmentary
Property Attached Y/N false
Year Built Details One structure was built in 1959, other in 1981, rebuilt in 1987 after fire.
Land Lease Y/N false
Tax Annual Amount 2265.8
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
Year Built Source Owner
Property Sub Type Additional Detached,Single Family Residence
Taxes 7852.1

Interior Features

Interior Amenities Interior Steps
Flooring Brick,Concrete,Tile,Wood
Total Fireplaces 2
Fireplace Features Wood Burning,Wood BurningStove
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows
Fireplace Y/N true
Half Baths 1
3/4 Baths 2
Total Bedrooms 3
LivingAreaSource Owner
Total Baths 4

Exterior Features

Parking Features Carport
Water Source Private,Shared Well,Well
Total Parking 10
Lot Size Area 57.9
Foundation Details Slab
Building Area Total 3600
Lot Size Acres 57.9
Lot Size Source Public Records
Waterfront Y/N true
Horse Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Tony E. Quintana Elelmentary Elementary School
Middle School Carlos F. Vigil Espanola Middle School Middle School
High School Espanola Valley High High School

Price History

4/23/2026 Listed $895,000

Property vs Zip Code Average in 87532

Price
AVG $440K
$900K
Taxes
AVG $1,565
$2,265
Year Built
AVG 1964
1981

Areas That We Cover

76 & 78 County Road 114 Espanola, NM is a Single Family Home for sale at $895000 with 1700 sqft and a lot size of 57.9 Acres Acre(s). 76 & 78 County Road 114 Espanola has 3 bedrooms, 3 baths and was built in 1981. The property's zip code is 87532 which is in Espanola, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nidia Marrufo

Nidia Marrufo

505-363-3316

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