Cheap homes for sale & real estate in 87551, NM

32 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in 87551, NM:
Beautifully remodeled Pinon Ridge home in Northern New Mexico views with sweeping views of El Vado and Jicarilla. This 2-bedroom, 2-bath, 2,106 sq. ft. home sits on nearly an acre with mature trees, natural rock landscaping, high ceilings, large windows, an open kitchen with stainless steel appliances, and an attached 2-car garage. The spacious primary suite includes access to an upstairs balcony, while the lower level offers a guest bedroom, full bath, laundry, and bonus room for flexible use. Enjoy easy year-round access. Community well water system is offered to residents of the Pinon Ridge community. Just minutes from Stone House Lodge & RV, residents can enjoy nearby dining, ladi

$319,000

2 beds2 baths2,106 sq ft

42 Christy Ln, Los Ojos, NM 87551

Upstairs balcony • Sweeping views • Open kitchen

ABOUT THIS HOME
Cheap Home for sale in 87551, NM:
Experience the best of Northern New Mexico mountain living in this beautifully maintained 2-bedroom, 2-bath home with a dedicated office, situated on 1.43 acres in the highly desirable Laguna Vista subdivision. This gated community offers private access to Heron Lake and convenient fishing opportunities along Willow Creek, making it an ideal retreat for outdoor enthusiasts. Residents enjoy private Heron Lake access, beautiful lake views, and year-round recreation including boating, fishing, kayaking, and hiking. Inside, you'll find a comfortable and thoughtfully designed floor plan with plenty of space for full-time living or weekend getaways. The home features a recently refurbished househ

$255,000

2 beds2 baths1,456 sq ft

48 Buena Dr, Los Ojos, NM 87551

Beautiful lake views • Fully furnished • 1.43 acre lot

ABOUT THIS HOME
Cheap Home for sale in 87551, NM:
Cozy cabin with plenty of seclusion and nicely treed with scenic views from the front deck. With some sprucing up, this could be your dream get-away home or year round residence. Loft can be used as a 2nd bedroom or an office space. There is also a heated guest cabin that would be perfect for guests or for a craft room. There are plenty of areas to explore such as the San Juan mountain range just north of Chama, the Carson National forest, two rivers for those who love to fly-fish and more! Seller motivated!

$199,900

2 beds1 bath1,488 sq ft

33 Buck Dr, Tierra Amarilla, NM 87551

Two rivers • Heated guest cabin • 4.32 acre lot

ABOUT THIS HOME
Cheap Home for sale in 87551, NM:
This home is perfect for those who are looking for a year round residence or a weekend/summer home. You wouldn't know that the home once started out as a manufactured home as the sellers have put many extra touches inside, plus there is a two story addition giving more room to spread out. There is an extra living area downstairs that can be used as an office or for extra guests. The large deck provides scenic views of the Brazos Cliffs and the countryside. This is perfect for outdoor living. There is a woodstove as well as a pellet stove for those cool evenings. Also, the sellers have had the home rewired, manicured the yard to give more access to walking around outside, there is a fenced a

$349,900

2 beds2 baths1,820 sq ft

27 Rim Dr, Tierra Amarilla, NM 87551

Large deck • Extra living area • Woodstove

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 87551, NM:
Discover comfortable mountain living in this unique one bedroom plus loft home located in the Talavera subdivision. Built with Structural Insulated Panel (SIPS) construction, this thoughtfully designed property offers excellent energy efficiency and durability for year-round enjoyment. The home features granite countertops, stainless steel appliances, and a tankless water heater, combining modern convenience with rustic charm. Heating options include a mini-split system and a wood stove, creating a warm and inviting atmosphere during cooler mountain evenings. A stackable washer and dryer combo is also in place and ready to be connected. Water is supplied by a 1,300-gallon rainwater catchmen

$259,900

1 bed1 bath1,171 sq ft

24 Talavera Ln, Tierra Amarilla, NM 87575

Mini-split system • Sips construction • Energy efficiency

Property at 58 Alta Vista Trl, Los Ojos, NM 87551, 3 beds, 2 baths

$389,000

3 beds2 baths2,742 sq ft

58 Alta Vista Trl, Los Ojos, NM 87551

Property at 31 Bobcat Loop, Los Ojos, NM 87551, 2 beds, 1 bath

$67,500

2 beds1 bath800 sq ft

31 Bobcat Loop, Los Ojos, NM 87551

Property at TBD Martingale, Tierra Amarilla, NM 87551, 1 bed

$125,000

1 bed— baths450 sq ft

TBD Martingale, Tierra Amarilla, NM 87551

Property at 5 Oak Brush Ln, Tierra Amarilla, NM 87575, 3 beds, 2 baths

$280,000

3 beds2 baths1,650 sq ft

5 Oak Brush Ln, Tierra Amarilla, NM 87575

Property at 843 County Road 322, Los Ojos, NM 87551, 3 beds, 2 baths

$265,000

3 beds2 baths1,500 sq ft

843 County Road 322, Los Ojos, NM 87551

Property at 403 Shroyer Dr, Rutheron, NM 87575, 2 beds, 2.5 baths

$330,000

2 beds2.5 baths1,200 sq ft

403 Shroyer Dr, Rutheron, NM 87575

Property at 16 Overlook Rd, Tierra Amarilla, NM 87551, 3 beds, 2 baths

$379,900

3 beds2 baths1,534 sq ft

16 Overlook Rd, Tierra Amarilla, NM 87551

Property at 403 Shroyer, Los Ojos, NM 87551, 2 beds, 2.5 baths

$330,000

2 beds2.5 baths1,200 sq ft

403 Shroyer, Los Ojos, NM 87551

Property at 300 Vada Rd, Los Ojos, NM 87551

$77,999

Land11.70 acres (lot)

300 Vada Rd, Los Ojos, NM 87551

Property at 90 Warm Sands Ln, Tierra Amarilla, NM 87575

$23,999

Land2.58 acres (lot)

90 Warm Sands Ln, Tierra Amarilla, NM 87575

Property at TBD Buena Rd, Los Ojos, NM 87551

$35,000

Land1.81 acres (lot)

TBD Buena Rd, Los Ojos, NM 87551

Property at 0 Highway 95, Los Ojos, NM 87551

$150,000

Land10.01 acres (lot)

0 Highway 95, Los Ojos, NM 87551

Property at TBD U-3 T-4 Talavera Rd, Tierra Amarilla, NM 87575

$25,000

Land5.06 acres (lot)

TBD U-3 T-4 Talavera Rd, Tierra Amarilla, NM 87575

Property at TBD Cedar Cir, Tierra Amarilla, NM 87575

$39,900

Land1.02 acres (lot)

TBD Cedar Cir, Tierra Amarilla, NM 87575

Property at 0 Pinon Ridge Blvd, Los Ojos, NM 87551

$26,000

Land0.86 acre (lot)

0 Pinon Ridge Blvd, Los Ojos, NM 87551

Property at TBD Cr 336, Rutheron, NM 87551

$65,000

Land6.13 acres (lot)

TBD Cr 336, Rutheron, NM 87551

Property at TBD Parkview Hills Lot 29, Rutheron, NM 87551

$19,500

Land3.16 acres (lot)

TBD Parkview Hills Lot 29, Rutheron, NM 87551

Property at TBD Doe Rim Dr, Rutheron, NM 87551

$85,000

Land7.70 acres (lot)

TBD Doe Rim Dr, Rutheron, NM 87551

Property at 0 Aspen Bluff #5, Chama, NM 87520

$72,500

Land6.54 acres (lot)

0 Aspen Bluff #5, Chama, NM 87520

Property at TBD Talavera Sd Rd, Tierra Amarilla, NM 87575

$27,000

Land1.28 acres (lot)

TBD Talavera Sd Rd, Tierra Amarilla, NM 87575

Property at TBD Canyon Rd, Los Ojos, NM 87551

$54,000

Land3.97 acres (lot)

TBD Canyon Rd, Los Ojos, NM 87551

Property at TBD Unit 4, Lot 40 Talavera Ln, Tierra Amarilla, NM 87575

$37,000

Land5.54 acres (lot)

TBD Unit 4, Lot 40 Talavera Ln, Tierra Amarilla, NM 87575

Property at 0 Christy Ln, Los Ojos, NM 87551

$59,500

Land0.86 acre (lot)

0 Christy Ln, Los Ojos, NM 87551

Property at TBD Rim Lots 68 & 69 Dr, Rutheron, NM 87551

$49,900

Land6.78 acres (lot)

TBD Rim Lots 68 & 69 Dr, Rutheron, NM 87551

Property at 0 Willow Crk, Los Ojos, NM 87551

$29,500

Land2.73 acres (lot)

0 Willow Crk, Los Ojos, NM 87551

Property at 0 Cr 322 Dr, Los Ojos, NM 87551

$89,000

Land6.20 acres (lot)

0 Cr 322 Dr, Los Ojos, NM 87551

Property at 0 Cr 322, Los Ojos, NM 87551

$89,000

Land6.20 acres (lot)

0 Cr 322, Los Ojos, NM 87551

Viewing page 1 of 1

Cheap Homes for Sale in 87551

There are currently 32 cheap homes for sale in 87551 at a median listing price of $340K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 87551 stay on the market for 314 days. This map is refreshed with the newest listings in 87551 every 15 minutes.

In the past month, 1 home has been sold in 87551. In addition to houses in 87551, there were also 0 condos, 1 townhouse, and 0 multi-family units for sale in 87551 last month. Find your dream home in 87551 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 87551 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 87551. If you're looking to sell your home in the 87551 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 87551 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 87551, NM

Nearby Zip Codes

Cities

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 87551, NM

How to buy a house in 87551, NM

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Buy the right home at the right price near 87551 with a local Redfin real estate agent.

Popular Markets in New Mexico

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.