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58 Cr 120, 
Espanola, NM 87532

$649,000


2

Beds


1

Bath


1,530

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Chad Hanawalt

1st Class Realty Of Santa Fe

505-795-2470

Last updated:

September 11, 2026, 03:49 PM

MLS#

202603249

Source:

NM SFAR

About This Home

58 Cr 120

NEW PRICE — $649,000! | PRICED BELOW APPRAISAL Own a Piece of Northern New Mexico History — and Create Your Vision. Discover a truly special property in coveted La Mesilla, where history, open land, agriculture, equestrian living, and endless possibilities come together on 5.057 acres. At the heart of the property is a thoughtfully updated 1918 adobe home filled with authentic Northern New Mexico character, including exposed vigas, a traditional Kiva fireplace, remodeled kitchen and bath, updated electrical and plumbing, and new Accent windows throughout. The home offers the flexibility to serve as a primary residence, guest retreat, studio, or potential casita. But the real opportunity is the land and infrastructure. Once operated as a horse breeding ranch, the property is ready for someone to bring that lifestyle back. A four-stall horse barn, hay barn, greenhouse, chicken coop, workshop/office, cool storage, additional outbuildings, fenced areas, irrigated pasture/orchard, agricultural water rights, and irrigation infrastructure provide an incredible foundation for an equestrian or agricultural homestead. An owned 12-panel tracking solar system, private well and septic, water filtration, and upgraded well equipment add even more value. Enjoy breathtaking views toward the Santa Fe National Forest and Jemez Mountains, abundant wildlife, privacy, and the peaceful character of rural Northern New Mexico—yet you're only minutes from Española with easy access toward Santa Fe and Los Alamos. Whether you envision a private retreat, horse ranch, agricultural homestead, guest/casita property, or future estate, this is an opportunity to create something truly your own. 5.057 acres. Water. Solar. Equestrian potential. Mountain views. Endless possibilities.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1918

Price Summary

649,000

$424 per Sq. Ft.

MLS #:

202603249

Last Updated:

September 11, 2026, 03:49 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,530 Sq. Ft.


Structure

Structure

Building Area:

1,530 Sq. Ft.

Year Built:

1918


Lot

Lot Size (Sq. Ft):

220,413


Finances & Disclosures

Finances

Price:

$649,000

Price per Sq. Ft:

$424 per Sq. Ft.

Source:NM SFAR
The information being provided by Santa Fe Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Santa Fe Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.