87549, NM homes for sale & real estate

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ABOUT THIS HOME
87549, NM Homes for Sale
Discover a unique Northern New Mexico property perfectly situated next to the renowned Ojo Caliente Mineral Springs Resort & Spa. Zoned for both residential and commercial use, this versatile home is ideal as a private retreat, vacation rental, wellness space, gallery, or small business. The property includes a 0.25 share of water rights to the acequia, offering valuable agricultural and landscaping potential. Its prime location and flexible zoning make it an excellent investment property with room to develop, expand, or customize to your vision. Surrounded by the region’s iconic high-desert beauty, it provides convenient access to world-class hot springs, scenic trails, and the

$425,000

4 beds2 baths1,756 sq ft

16 Los Banos, Ojo Caliente, NM 87459

Scenic trails • Flexible zoning • High-desert beauty

ABOUT THIS HOME
87549, NM Homes for Sale
Piece of New Mexican history ready for its new owners to build. Property has amazing views of Rio Chama and beautiful New Mexican landscape.

$40,000

— beds— baths— sq ft

00 Cedar Ridge Loop/lava Rd, Ojo Caliente, NM 87549

4.85 acre lot • Listed 22 days

ABOUT THIS HOME
87549, NM Homes for Sale
EXPLORE YOUR OWN 10-ACRE SANCTUARY ON 1 Corona Drive IN THE STUNNING HIGH-DESERT SETTING OF MENDANALES NM. Imagine sweeping views of rolling hills and endless sky in this rare vacant parcel - the perfect blank canvas for your vision. With ample space to roam and connect with the land, enjoy privacy yet easy access to roads. The possibilities are endless. Contact us today to schedule your private showing!

$49,000

— beds— baths— sq ft

1 Corona Dr, Medanales, NM 87548

10 acre sanctuary • Privacy • Sweeping views

VIDEO TOUR

ABOUT THIS HOME
87549, NM Homes for Sale
Where wide skies meet rolling terrain, this 170± acre property offers a bold canvas for your next chapter. Set in the heart of Northern New Mexico, the land moves from open pasture to rugged hills, with natural contours that invite exploration, creativity, and retreat. Privacy is effortless here. With a feeling of true seclusion and space to breathe, the setting is ideal for those looking to build something lasting—whether a home, a ranch, or a vision entirely your own. The property includes frontage on both sides of the Rio Ojo Caliente, adding a rare and beautiful feature to its diverse landscape. Access is easy via a paved road, and the location bridges convenience and seclu

$950,000

— beds— baths— sq ft

0 Us Highway 285, Ojo Caliente, NM 87549

Open pasture • Paved road • 170 acre property

VIDEO TOUR

ABOUT THIS HOME
87549, NM Homes for Sale
Seize the opportunity to own 3.15 acres of vacant land perched atop a hill in the charming Ojo Caliente area. This property offers breathtaking, panoramic views of the surrounding mountains, providing a tranquil and picturesque setting for your future project. The land features easy access to essential utilities, with both electricity and community water available, making it an ideal spot for development or personal use. Located directly across the street from the renowned Ojo Caliente Spa & Resort, you'll enjoy the perfect combination of peaceful, elevated living with easy access to one of New Mexico’s most celebrated destinations. This property is Lot 2, adjacent to Lot 1, a c

$60,000

— beds— baths— sq ft

35295 Us Hwy 285 Lot 2, Ojo Caliente, NM 87549

3.15 acre lot • Listed 262 days

Property at TBD LOT 3 Juniper Rd, Ojo Caliente, NM 87549

$42,000

— beds— baths— sq ft

TBD LOT 3 Juniper Rd, Ojo Caliente, NM 87549

Property at Lot 1 Indian Ridge Rnch, Medanales, NM 87548

$100,000

— beds— baths— sq ft

Lot 1 Indian Ridge Rnch, Medanales, NM 87548

Property at Lot B Corona Dr, Medanales, NM 87548

$175,000

— beds— baths— sq ft

Lot B Corona Dr, Medanales, NM 87548

Property at 20 acres Mile Marker 359 Hwy 285, Ojo Caliente, NM 87549

$74,000

— beds— baths— sq ft

20 acres Mile Marker 359 Hwy 285, Ojo Caliente, NM 87549

Property at 60 acres Mile Marker 359 Hwy 285, Ojo Caliente, NM 87549

$222,000

— beds— baths— sq ft

60 acres Mile Marker 359 Hwy 285, Ojo Caliente, NM 87549

Property at 40 acres Mile Marker 359 Hwy 285, Ojo Caliente, NM 87549

$148,000

— beds— baths— sq ft

40 acres Mile Marker 359 Hwy 285, Ojo Caliente, NM 87549

Property at Lots 37,38,39 Block 45, Medanales, NM 87548

$23,500

— beds— baths— sq ft

Lots 37,38,39 Block 45, Medanales, NM 87548

Property at Vicinity County Rd 142, Medanales, NM 87548

$88,000

— beds— baths— sq ft

Vicinity County Rd 142, Medanales, NM 87548

Property at TBD LOT 28 Lakewood Dr, Medanales, NM 87548

$100,000

— beds— baths— sq ft

TBD LOT 28 Lakewood Dr, Medanales, NM 87548

Property at TBD LOT 2B Fungi Ln, Ojo Caliente, NM 87549

$50,000

— beds— baths— sq ft

TBD LOT 2B Fungi Ln, Ojo Caliente, NM 87549

Property at TBD LOT 2A Fungi Ln, Ojo Caliente, NM 87549

$50,000

— beds— baths— sq ft

TBD LOT 2A Fungi Ln, Ojo Caliente, NM 87549

Property at TBD LOT 2C Fungi Ln, Ojo Caliente, NM 87549

$50,000

— beds— baths— sq ft

TBD LOT 2C Fungi Ln, Ojo Caliente, NM 87549

Property at TBD LOT 2D Fungi Ln, Ojo Caliente, NM 87549

$50,000

— beds— baths— sq ft

TBD LOT 2D Fungi Ln, Ojo Caliente, NM 87549

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Nearby homes that match your criteria

$85,000

2 beds1 bath840 sq ft

31 Private Drive 1533, Hernandez, NM 87537

0.58 acre lot • Parking • Listed 2 days

ABOUT THIS HOME
87549, NM Homes for Sale
Welcome to S. 15 Bluff Road, a beautiful 2022 Karsten 27x60 manufactured home offering 1,620 sq ft of modern living space on a spacious 3.39-acre lot in the desirable Tres Montes Subdivision. This 3-bedroom, 2-bath home features a contemporary design with stainless steel appliances, a large walk-in pantry, and an open, inviting layout. The primary bedroom includes a private en-suite bath, and all bedrooms offer generous walk-in closets for ample storage. Enjoy breathtaking, panoramic views that truly live up to the name—this is a property you won’t want to miss.

$399,900

3 beds2 baths1,640 sq ft

15 S Bluff Rd, Hernandez, NM 87537

Spacious lot • Panoramic views • Large walk-in pantry

ABOUT THIS HOME
87549, NM Homes for Sale
Experience Northern New Mexico living in this beautifully crafted 4-bedroom, two-story stucco home on . 83 acres in Velarde. A classic Spanish tile roof, mature landscape, and a welcoming spacious foyer set the tone the moment you walk in. The home offers an ideal layout with a formal dining room for gatherings, a bright kitchen with a cozy breakfast nook, and three fireplaces that create warmth and ambiance throughout. Upstairs, step out onto the rooftop deck and enjoy sweeping valley and mountain views—perfect for stargazing or evening relaxation. The oversized 2-car garage provides ample storage and includes two EV circuits, making it future-ready for modern living. With nearly an

$475,000

4 beds2.5 baths3,372 sq ft

59 County Road 50, Velarde, NM 87582

Rooftop deck • Formal dining room • Three fireplaces

ABOUT THIS HOME
87549, NM Homes for Sale
Introducing your brand-new 3,600 sq ft dream home—beautifully rebuilt, upgraded throughout, and ready for its first owners! Welcome to 38 Private Drive 1548, a stunning remodel nestled along the tranquil Chama River. This impressive property offers 4 bedrooms, 3 bathrooms, and a bright, open layout crafted for comfort, style, and functionality. And to make the move even smoother, the seller is offering $10,000 toward closing costs. Step inside and enjoy the spacious great room with soaring 14-foot ceilings, perfect for relaxing or entertaining. The home features new marble countertops, a full remodel, and energy-efficient upgrades throughout—including new energy-efficient window

$730,000

4 beds3 baths3,600 sq ft

38 Private Drive 1548, Hernandez, NM 87537

Double cavity walls • Built in heaters • Mini splits

ABOUT THIS HOME
87549, NM Homes for Sale
This affordable fixer-upper in Alcalde offers a great opportunity for those looking to renovate or invest. Includes a detached storage shed. Situated on a spacious lot with room for expansion or outdoor projects, this property is ideal for DIY buyers or investors. This won’t last long! Schedule a showing today!

$149,900

2 beds1 bath1,846 sq ft

17 County Road 144, Alcalde, NM 87511

Spacious lot • Room for expansion • 0.25 acre lot

ABOUT THIS HOME
87549, NM Homes for Sale
Discover The Cottonwood Ranch, a remarkable investment opportunity encompassing 91 acres of mixed irrigated farmland and a scenic bosque of lush cottonwood trees. This unique property boasts a historic fruit tree orchard and offers substantial annual hay production, providing both agricultural potential and natural beauty. Included with this property are 157.44 acres of pre-1907 senior Rio Grande water rights through the Acequia Madre, ensuring reliable irrigation for crops. With 91 acres of prime riverfront property, the land offers stunning vistas and diverse opportunities for development. Additionally, the property features 25.97 acres of commercial land, conveniently located adjacent to

$3,500,000

— beds— baths— sq ft

. Cr 39 And 41, Velarde, NM 87582

Hacienda-style ranch • 117 acre lot • Listed 29 days

Property at 19344 Us 84/285, Hernandez, NM 87537, 3 beds, 3 baths

$551,000

3 beds3 baths2,727 sq ft

19344 Us 84/285, Hernandez, NM 87537

Property at 27 Camino De Mesa, Alcalde, NM 87511, 4 beds, 3 baths

$423,900

4 beds3 baths2,569 sq ft

27 Camino De Mesa, Alcalde, NM 87511

Property at 19374 Us Highway 84/285 Hwy, Chili, NM 87537, 2 beds, 2 baths

$395,000

2 beds2 baths1,372 sq ft

19374 Us Highway 84/285 Hwy, Chili, NM 87537

Property at 1042 County Rd 41, Velarde, NM 87582, 2 beds, 2 baths

$325,000

2 beds2 baths5,427 sq ft

1042 County Rd 41, Velarde, NM 87582

Property at 46 Private Drive 1512a, Hernandez, NM 87537, 3 beds, 2 baths

$199,000

3 beds2 baths1,344 sq ft

46 Private Drive 1512a, Hernandez, NM 87537

Property at 34 Rincon Canada, El Rito, NM 87510, 2 beds, 2 baths

$2,000,000

2 beds2 baths3,059 sq ft

34 Rincon Canada, El Rito, NM 87510

Property at 1185 Nm 554, El Rito, NM 87530, 2 beds, 2 baths

$430,000

2 beds2 baths2,466 sq ft

1185 Nm 554, El Rito, NM 87530

Property at 335B County Rd 142, Medanales, NM 87548, 2 beds, 1 bath

$245,000

2 beds1 bath— sq ft

335B County Rd 142, Medanales, NM 87548

Property at San Gabriel Del Rito, El Rito, NM 87530

$2,000,000

— beds— baths— sq ft

San Gabriel Del Rito, El Rito, NM 87530

Property at 53 Private Dr Unit 1613B, Medanales, NM 87548, 3 beds, 2 baths

$670,000

3 beds2 baths2,091 sq ft

53 Private Dr Unit 1613B, Medanales, NM 87548

Property at 53 Private Drive 1613b, Medanales, NM 87548, 3 beds, 2 baths

$670,000

3 beds2 baths2,091 sq ft

53 Private Drive 1613b, Medanales, NM 87548

Property at Private Drive 1613b Lot 17, Medanales, NM 87548

$78,500

— beds— baths— sq ft

Private Drive 1613b Lot 17, Medanales, NM 87548

Property at TBD Buffalo Trl, Abiquiu, NM 87510

$69,790

— beds— baths— sq ft

TBD Buffalo Trl, Abiquiu, NM 87510

Property at Lot 6 Private Drive 1613b, Medanales, NM 87548

$80,000

— beds— baths— sq ft

Lot 6 Private Drive 1613b, Medanales, NM 87548

Average home prices near 87549, NM

Cities

Zip Codes

87549, NM real estate trends

$338K

Sale price

$150

Sale $/sq ft

Under list price

11.1%

Days on market

181

Down payment

—

Total homes sold

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