$430,000

707 Middle San Pedro Rd Espanola, NM 87532

Estimated payment $2,839/month

Total Views 1,039
3 Beds
2 Baths
2,155 Sq Ft
$200 Price per Sq Ft

Highlights

  • Hot Property
  • 1 Car Detached Garage
  • No Interior Steps
  • Northern New Mexico Architecture
  • Home Security System
  • Tile Flooring

About This Home

Charming Northern New Mexico Home with Water Rights, Rental Income & Easy Access to Los Alamos and Santa FeWelcome to a rare blend of comfort, character, and investment opportunity in the heart of Middle San Pedro. This beautifully maintained 3-bedroom, 2-bathroom home sits on an expansive .79-acre lot with valuable water rights, offering space to relax, grow, and create your Northern New Mexico dream lifestyle.Just minutes from town, yet tucked into a peaceful and quiet neighborhood, this property is perfectly positioned for a short commute to both Los Alamos and Santa Fe, making it ideal for professionals, families, or anyone seeking a balance between convenience and tranquility.Step inside to discover warm natural light, a formal living room with a cozy fireplace, a separate family room, and inviting spaces that reflect the rich charm of Northern New Mexico. The thoughtful floor plan flows seamlessly to a private courtyard, perfect for morning coffee, evening gatherings, or simply enjoying the crisp county air.Outside, you'll find mature trees and plenty of open space to garden, entertain, or just unwind. The property includes a one-car garage with ample extra space for storage, two carports, and additional storage areas—offering both functionality and flexibility.What makes this home truly stand out is the included manufactured home with a shared private driveway, currently rented at $1,200/month. The renter will remain in place, giving the next owner immediate and consistent passive income—a valuable asset in any market.Even more appealing, this property comes with an assumable VA loan at a very low interest rate, offering significant long-term savings for qualified buyers in today’s high-rate environment.Whether you're looking for a peaceful retreat, an income-producing property, or a forever home with room to grow, this San Pedro gem delivers on every level—with the charm of New Mexico, the comfort of space, and the convenience of location.Don’t miss your chance to own one of the most well-rounded and desirable properties in the area—where lifestyle, land, and opportunity come together beautifully.

Listing Agent

Andres Serna

Keller Williams Realty License #REC20231037

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Carport

Home Design

  • Northern New Mexico Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco
  • Adobe

Interior Spaces

  • 2,155 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Basement
  • Crawl Space
  • Home Security System

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Outbuilding

Schools

  • Carlos F. Vigil Espanola Middle School
  • Espanola Valley High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Softener
  • High Speed Internet

Additional Features

  • No Interior Steps
  • 0.79 Acre Lot

Community Details

  • Association fees include water

Listing and Financial Details

  • Assessor Parcel Number R020923

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

HOA Fees

$2 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Prop. Type: Residential
  • Directions: From Santa Fe, turn left onto Upper San Pedro, take a right onto Middle San Pedro, property is on the right. From Espanola, turn right onto Upper San Pedro and right onto Middle San Pedro.
  • Architectural Style: Northern New Mexico, One Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
  • Levels: One
  • Accessibility Features: Not ADA Compliant
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: No Interior Steps
  • Living Area: 2155.0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Roof: Metal, Pitched
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Adobe, Frame, Stucco
  • Other Structures: Outbuilding, Storage

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Carport, Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Utilities: High Speed Internet Available, Electricity Available
  • Heating: Baseboard, Hot Water, Natural Gas
  • Security: Security System, Dead Bolt(s), Surveillance System
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 20.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Other, See Remarks, Water

Schools

  • Elementary School: Unknown
  • High School: Espanola Valley High
  • Middle Or Junior School: Carlos F. Vigil Espanola Middle School

Lot Info

  • Lot Size Acres: 0.79
  • Land Lease: No
  • Lot Size Sq Ft: 34412.4
  • Parcel #: R020923
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 For Sale $430,000 +21.1% $200 / Sq Ft
04/26/2022 04/26/22 Sold -- -- --
02/27/2022 02/27/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $355,000 -- --
Source: Santa Fe Association of REALTORS®

About the Listing Agent

Andres Serna

Keller Williams Realty

(505) 591-1230

Section Image

Andres Serna
Native to the breathtaking landscapes of Northern New Mexico, Andres Serna is a real estate professional whose roots run deep in the region's beauty and culture. An enthusiastic mountain biker and avid hiker, Andres finds his solace and inspiration in the scenic vistas and untamed trails of this stunning terrain.

Beyond his love for outdoor pursuits, Andres is a dedicated fitness enthusiast and a connoisseur of New Mexico's rich cultural tapestry. Immersing himself in

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Source: Santa Fe Association of REALTORS®

MLS Number: 202502236

Santa Fe Association of REALTORS®