87553, NM homes for sale & real estate

5 homes

Sort:

Recommended

ABOUT THIS HOME
87553, NM Homes for Sale
This cherished Territorial-style adobe home rests on a peaceful 1-acre parcel in the heart of the Peñasco Valley, offering southern exposure and natural drainage—ideal conditions for food production, outdoor living, or keeping livestock. With a rare blend of traditional Northern New Mexico craftsmanship and thoughtful modern updates, this home was lovingly built by the original owner as a handcrafted gift for his daughter—a true testament to cultural heritage and reverence for the land. Constructed in the classic Territorial tradition, the 3 bedroom, 2 bath home features thick adobe walls for natural insulation, reclaimed wooden vigas and beams, and a pitched metal roof i

$449,000

3 beds2 baths1,947 sq ft

42 Roybal Rd, Penasco, NM 87553

Southern exposure • Pitched metal roof • Thick adobe walls

3D & VIDEO TOUR

ABOUT THIS HOME
87553, NM Homes for Sale
Magical Multifamily & Commercial Front Property in Peñasco ~ Too Good to Be True ~ 14197 NM-150 isn't just a home; it's an investment of a lifetime; two distinct residences that can be connected as one, with a road front gallery space ready to go for immediate income. The location offers the idyllic New Mexico lifestyle and the property has immediate built in income generating potential. The upstairs welcomes you into a charming 2,000+ sqft haven, containing a spacious living room with gleaming oak wood floors, a light-filled open-concept kitchen, and an inviting dining area, kept comfortable by recently installed mini splits that provide the perfect temperature (heating &

$500,000

4 beds3 baths3,400 sq ft

14197 State Road 75, Penasco, NM 87553

East facing balcony • Attached studio • 0.46 acre lot

ABOUT THIS HOME
87553, NM Homes for Sale
Outstanding flat +-2.9 acres in Rio Lucio just waiting for you! A setting with breathtaking views of the Jicarita Peak, acequia water rights, community water nearby so no need to drill a well, electric nearby, must install septic system if building on. Easy access off NM75 on Roybal Road. Come enjoy the views and quiet living, raise livestock or grow a beautiful garden, or all three! Located within 60 to 70 miles of six ski resorts, namely Sipapu, Taos Ski Valley, Angel Fire, Red River, Ski Santa Fe, and Pajarito Ski Valley; supplying an outstanding selection of diverse activities for people of all ages and abilities. A RARE PROPERTY AVAILABLE FOR SALE! A must see!

$165,000

— beds— baths— sq ft

0 Roybal Rd, Penasco, NM 87553

Acequia water rights • Electric nearby • Easy access off nm75

ABOUT THIS HOME
87553, NM Homes for Sale
Immerse yourself in the splendor of the Rio Lucio Valley at this beautiful 1.07-acre lot. This flat, buildable property is situated in a serene and verdant environment boasting spectacular mountain views. Additionally, the lot offers the potential for grazing purposes, catering to those seeking livestock or equestrian endeavors. The accessibility and breathtaking surroundings of this location make it an ideal destination for individuals seeking a remarkable place to reside.

$57,500

— beds— baths— sq ft

TBD Highway 75, Rio Lucio, NM 87553

Serene environment • 1.07-acre lot • Mountain views

ABOUT THIS HOME
87553, NM Homes for Sale
Outstanding flat +-2.9 acres in Rio Lucio just waiting for you! A setting with breathtaking views of the Jicarita Peak, acequia water rights, community water nearby so no need to drill a well, electric nearby, must install septic system if building on. Easy access off NM75 on Roybal Road. Come enjoy the views and quiet living, raise livestock or grow a beautiful garden, or all three! Located within 60 to 70 miles of six ski resorts, namely Sipapu, Taos Ski Valley, Angel Fire, Red River, Ski Santa Fe, and Pajarito Ski Valley; supplying an outstanding selection of diverse activities for people of all ages and abilities. A RARE PROPERTY AVAILABLE FOR SALE! A must see!

$165,000

— beds— baths— sq ft

Roybal Rd, Rio Lucio, NM 87553

2.9 acre lot • Listed 359 days

Viewing page 1 of 1

End of results

Nearby homes that match your criteria

3D WALKTHROUGH

ABOUT THIS HOME
87553, NM Homes for Sale
A truly rare 34-acre mountain retreat awaits, nestled in the Sangre de Cristo Mountains with stunning views of Jicarita Peak and Truchas Peaks. This exceptional, self-sufficient, and sustainably developed property is perfect for a small family business, equestrian estate, or serene retreat center. The total living space of 4,100 sq ft includes a charming 1,600 sq ft earth-bermed 2-bedroom home featuring custom stone floors, vigas, radiant in-floor heat in the kitchen and master suite, and an updated kitchen with a Wolf Stove and granite countertops. The home is designed for energy efficiency, maximizing solar gain, and has a wrap-around deck with captivating pond and mountain views. The pro

$2,150,000

5 beds2.5 baths4,100 sq ft

157 Pacheco Rd, Llano, NM 87543

Mountain retreat • Pond views • Updated kitchen

ABOUT THIS HOME
87553, NM Homes for Sale
TWO HOMES - Welcome to the Sunrise and Sunset Homes. Nestled in the quaint Village of Vadito, NM, lies this rare 6+ acre property with two unique adobe homes, situated for peaceful pastural views that provide the full colorful spectrums of New Mexico sunrises and sunsets. The potential for organic farming, (soil has been free of herbicides and pesticides, nourished by only sheep and llama manure for owner's 25years), agricultural and livestock, a retreat or healing center, a family compound, and even rental income while living in one of the homes. The dark skies of this quiet location will leave you in awe of the brightness of the Milky Way, Orion, and all the constellations .

$895,000

3 beds3 baths3,500 sq ft

64 Picuris Rd, Vadito, NM 87579

6.07 acre lot • Built 1900 • Listed 429 days

ABOUT THIS HOME
87553, NM Homes for Sale
Dreamy 17+ Acre Property with a Stream and Water Rights ~ Just off the High Road to Taos you will stumble upon this absolutely stunning lush property with a stream running through it, irrigation channels, and acequia water rights. This property is right out of a story book. A rare rare occurrence for something this stunning to hit the market near the High Road to Taos, in nature. The stream that flows year round, along with two other acequia water sources, keeps earth happy year-round. The perfect place to build your dream home, weekend get-away, or grow all your veggies and raise your farm animals. This is your chance to develop a dreamy ranch in Northern New Mexico, don't miss the chance!

$395,000

— beds— baths— sq ft

Lower Ojito Road 17 Acres, Chamisal, NM 87521

Stream • 17 acre property • Water rights

Average home prices near 87553, NM

Cities

Zip Codes

87553, NM real estate trends

$155K

Sale price

$180

Sale $/sq ft

Under list price

3.1%

Days on market

146

Down payment

—

Total homes sold

See more 87553, NM market insights

More to explore in 87553, NM

How to buy a house in 87553, 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

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

Why Redfin?

Community Impact

Diversity & Inclusion

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.