87532, NM homes for sale & real estate

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ABOUT THIS HOME
87532, NM Homes for Sale
Prime residential lot located in a desirable neighborhood in Española! This level lot is ready for your dream home or a manufactured home. City water is already on the property, with electricity, natural gas, and other utilities conveniently available at the road. The property also includes valuable irrigation rights. Ideally situated with easy access to shopping, schools, and local amenities, this centrally located lot offers an easy commute—just 30 minutes to Los Alamos and Santa Fe. Whether you're looking to build now or invest for the future, this is an excellent opportunity in a well-established neighborhood.

$120,000

Land0.29 acre (lot)

Lot 7 Montana Vista St, Espanola, NM 87532

Residential lot • Irrigation rights • Level lot

ABOUT THIS HOME
87532, NM Homes for Sale
Available for purchase is a rare parcel (0.531 acres) located within the Espanola city limits. The west boundary of this property meanders along the "Vigiles ditch. " The area below the acequia is flat and was formerly a garden, a use it could easily be restored to.

$40,000

Land0.53 acre (lot)

TBD Calle Juan Jose Vigil, Espanola, NM 87532

Rare parcel • Espanola city limits • Flat area

ABOUT THIS HOME
87532, NM Homes for Sale
Rare property with RIVER VIEWS and water rights! Discover the raw beauty and endless possibilities of this exceptional 19.86-acre property nestled in the heart of Northern New Mexico. Once dedicated agricultural land, this parcel offers a rare opportunity to build your dream home in a truly scenic and serene setting. The property stretches all the way to the banks of the Rio Grande, where it rests on a tranquil bend with stunning views downstream toward Black Mesa. Mostly flat and highly usable, the land presents numerous ideal building sites with panoramic views and direct access to nature. Whether you're looking to fish from your backyard, grow your own crops, or simply escape to open sp

$540,000

Land19.68 acres (lot)

Co Rd 120, La Mesilla, NM 87532

Riverfront property • Grow your own crops

ABOUT THIS HOME
87532, NM Homes for Sale
This is a beautiful river-front property located near La Puebla, New Mexico. 10 acres. Right now, we are researching accessibility. But for the moment, a bridge may need to be built at the Camino De La Paz Road for access. Private, large space with amazing views. Fertle land, ideal for gardening. Never been on the market before, been kept in the family. Easy 30 minute access to Santa Fe or Los Alamos. Serene views.

$325,000

Land9.25 acres (lot)

UPC 1-049-119-466-434-000-000, La Puebla, NM 87567

Fertile land • River-front property

ABOUT THIS HOME
87532, NM Homes for Sale
Peace and quiet await on this prime 0.91-acre parcel, tucked away on a serene private road. Whether you're envisioning a custom home, a private homestead, or small-scale farming, this property is fully primed and ready for your vision. Acequias De Santa Cruz Organization Water, natural gas, and sewer are conveniently available right in the road. Electric service is already accessible at the back of the property. Irrigation available through the Santa Cruz District directly along the road. Enjoy secluded, peaceful living with low traffic on a private road. Don't miss this rare opportunity to own flexible, utility-ready acreage with agricultural potential. Bring your builder or your farming p

$200,000

Land0.91 acre (lot)

1432 Camino De Los Sanchez, Espanola, NM 87532

Private road • Sewer available • Irrigation available

Property at Off CR 120 Cr 120, La Mesilla, NM 87532

$540,000

Land19.86 acres (lot)

Off CR 120 Cr 120, La Mesilla, NM 87532

Property at Lot 3A Montana Vista St, Espanola, NM 87532

$115,000

Land0.29 acre (lot)

Lot 3A Montana Vista St, Espanola, NM 87532

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Average home prices near 87532, NM

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87532, NM real estate trends

All Home Types trends in 87532, NM

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$390,385

+1.4% YoY | Sep 2026

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Sep 2026

Growth

% YoY

87532, NM

$390,385

+1.4%

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