87532, NM homes for sale & real estate

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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 op

$615,000

— beds— baths— sq ft

Off CR 120 Cr 120, La Mesilla, NM 87532

Riverfront property • 19.86-acre property • Water rights

ABOUT THIS HOME
87532, NM Homes for Sale
Here is a rare irrigated, 1.50 acre lot , with an electric distribution line along the south boundary. Choose a building site. The property is fairly level. There is Natural Gas close by. Check in with the Rio Arriba County Planning and Zoning Department, to get advice on your proposed plans or ideas of what can be done on this great lot. Visit with Jemez Mountains Electric Co-op for electric service, and NM Gas Company for Gas Service. Quick and easy access to Los Alamos, Santa Fe, Abiquiu, and Taos.

$155,000

— beds— baths— sq ft

TBD Simmons Ln, Espanola, NM 87532

1.50 acre lot • Quick access to taos • Irrigated lot

ABOUT THIS HOME
87532, NM Homes for Sale
Build your dream home or develop on this 5-acre property offering wide-open potential and essential infrastructure already in place. Enjoy the convenience of a private well, installed septic system, and electricity to the lot—saving you time and money as you plan your next steps. This parcel is zoned Traditional Community, welcoming manufactured homes and providing flexibility for a variety of uses. Conveniently located with easy access to Española, Los Alamos, and Santa Fe, you’ll enjoy the peaceful surroundings with views. A great opportunity to create your own private retreat or investment project.

$370,000

— beds— baths— sq ft

6 La Resolana, Espanola, NM 87532

Private well • 5 acre property • 5 acre lot

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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)

$392,450

-1.6% YoY | Nov 2025

1 year
3 year
5 year

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

Location

Data

Nov 2025

Growth

% YoY

87532, NM

$392,450

-1.6%

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