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707 Middle San Pedro Road, 
Espanola, NM 87532

$430,000


3

Beds


2

Baths


2,155

Sq Ft


Single Family

Active

Listed by

Andres Serna

Keller Williams Realty

505-983-5151

Last updated:

June 6, 2025, 09:35 PM

MLS#

202502236

Source:

NM SFAR

About This Home

707 Middle San Pedro Road

Charming Northern New Mexico Home with Water Rights, Rental Income & Easy Access to Los Alamos and Santa Fe Welcome to a rare blend of comfort, character, and investment opportunity in the heart of Middle San Pedro. This beautifully maintained 3-bedroom, 2-bathroom home sits on an expansive .79-acre lot with valuable water rights, offering space to relax, grow, and create your Northern New Mexico dream lifestyle. Just minutes from town, yet tucked into a peaceful and quiet neighborhood, this property is perfectly positioned for a short commute to both Los Alamos and Santa Fe, making it ideal for professionals, families, or anyone seeking a balance between convenience and tranquility. Step inside to discover warm natural light, a formal living room with a cozy fireplace, a separate family room, and inviting spaces that reflect the rich charm of Northern New Mexico. The thoughtful floor plan flows seamlessly to a private courtyard, perfect for morning coffee, evening gatherings, or simply enjoying the crisp county air. Outside, you'll find mature trees and plenty of open space to garden, entertain, or just unwind. The property includes a one-car garage with ample extra space for storage, two carports, and additional storage areas—offering both functionality and flexibility. What makes this home truly stand out is the included manufactured home with a shared private driveway, currently rented at $1,200/month. The renter will remain in place, giving the next owner immediate and consistent passive income—a valuable asset in any market. Even more appealing, this property comes with an assumable VA loan at a very low interest rate, offering significant long-term savings for qualified buyers in today’s high-rate environment. Whether you're looking for a peaceful retreat, an income-producing property, or a forever home with room to grow, this San Pedro gem delivers on every level—with the charm of New Mexico, the comfort of space, and the convenience of location. Don’t miss your chance to own one of the most well-rounded and desirable properties in the area—where lifestyle, land, and opportunity come together beautifully.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1948

Price Summary

430,000

$199 per Sq. Ft.

MLS #:

202502236

Last Updated:

June 6, 2025, 09:35 PM

Added:

23 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,155 Sq. Ft.


Structure

Structure

Building Area:

2,155 Sq. Ft.

Year Built:

1948


Lot

Lot Size (Sq. Ft):

34,412


Finances & Disclosures

Finances

Price:

$430,000

Price per Sq. Ft:

$199 per Sq. Ft.

Source:NM SFAR
The information being provided by Santa Fe Association of REALTORS 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. © 2025 Santa Fe Association of REALTORS All rights reserved.

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