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3 Beds
4 Baths
3,600 sqft

$895,000

76 & 78 County Road 114, Espanola NM, 87532

Price per sqft$248.61
Property size3,600 sqft
Property typeOther

Overview

Active

Listed Apr 23, 2026

Updated 4 weeks ago

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.

$5,954/mo

Est. mortgage payment based on a $895,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202601497

Interior Features

Bedrooms
3
Bathrooms
4
Basement
No

Exterior Features

Lot Size
57.9 Acres

Other Property Details

Taxes
$2,266
Tax Frequency
Annually
Waterfront
Yes
MLS provider logo

Listed by Roberta Lowe with Sotheby's Int. RE/Washington
Listing Contact: (505) 366-4753 

The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 9/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Santa Fe Association of REALTORS® all rights reserved.

Data last updated on 9/15/2026 at 5:01 AM UTC

 

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