$495,000
PENDING $80K PRICE DROP

86 County Road 126 Espanola, NM 87532

Estimated payment $2,817/month

Total Views 61,457
4 Beds
3 Baths
1,901 Sq Ft
$260 Price per Sq Ft

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Baseboard Heating
  • Northern New Mexico Architecture
  • Refrigerated and Evaporative Cooling System
  • Heated Garage

About This Home

Views, Land, Single-Level Main House, Guest House, Large Garage and Shop, Fenced Yard, Water Rights, and more! This beautiful and well-maintained La Mesilla property sits near the base of Black Mesa and features great views of the Jemez Mountains and the Sangre de Cristos! Sited on 0.75 acres, the property includes a 3 bedroom / 2 bathroom single-level main house, and an attached guest house with a two-car garage and additional shop space. The gated yard greets you as you arrive at the property, and a short walk through the breezeway leads to the manicured back yard. The covered patio is a great spot for morning coffee or enjoying a stunning sunset over Black Mesa. Upon entering the main house, the living room will welcome you into the hub of the home. The kitchen is straight ahead, and it features beautiful wood cabinets, Saltillo tiles, and barstool seating on the peninsula leading into the dining room. A sliding glass door opens to the fenced yard on the north side of the property for easy outdoor access. The primary suite is located at the north side of the house and includes an updated, full bathroom. Two guest bedrooms and an additional updated, full bathroom are at the south end of the house. On the other side of the breezeway, you’ll find the guest house, with a two-bay garage and additional shop space on the first level. Upstairs, you’ll find a studio suite with a kitchen, fireplace, and full bathroom. Enjoy sunrises and sunsets from the roof deck! In addition to the domestic water well (1.0 acre-feet per annum), the property includes additional irrigation water rights (1.05 acre-feet per annum). This property is a must-see, so schedule your showing today before this one is gone!

Listing Agent

Ryan Maupin

RE MAX First License #52280 Listed on: 01/02/2025

RE MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 1984

Lot Details

  • 0.75 Acre Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage

Home Design

  • Northern New Mexico Architecture
  • Flat Roof Shape
  • Frame Construction
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 1,901 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Basement
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Tony E. Quintana Elelmentary Elementary School
  • Carlos F. Vigil Espanola Middle School
  • Espanola Valley High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Baseboard Heating
  • Private Water Source
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1-046-116-090302

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,156

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1984
  • Prop. Type: Residential
  • Directions: From Santa Fe, head north on US 84/285 towards Espanola. At the Dreamcatcher movie theater, turn left onto NM 399 west. Turn right onto CR 126. Property will be on the right.
  • Architectural Style: Northern New Mexico
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Water Heater, Washer
  • Levels: Two
  • Accessibility Features: Not ADA Compliant
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Interior Steps
  • Living Area: 1416.0

Exterior Features

  • Roof: Bitumen, Flat
  • Construction Type: Frame, Stucco
  • Other Structures: Guest House Attached

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Heated Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Evaporative Cooling
  • Utilities: Electricity Available
  • Heating: Baseboard, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tony E. Quintana Elelmentary
  • High School: Espanola Valley High
  • Middle Or Junior School: Carlos F. Vigil Espanola Middle School

Lot Info

  • Lot Size Acres: 0.75
  • Land Lease: No
  • Lot Size Sq Ft: 32670.0
  • Parcel #: 1-046-116-090302

Tax Info

  • New Taxes Expense: 4635.0
  • Tax Annual Amount: 2156.46
  • Tax Year: 2024

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,156 $91,136 $17,950 $73,186
2023 $2,156 $88,481 $17,768 $70,713
2022 $2,000 $85,903 $17,250 $68,653
2021 $1,796 $85,903 $17,250 $68,653
2020 $1,851 $87,302 $17,768 $69,534
2019 $1,114 $55,351 $55,351 $0
2018 $697 $39,358 $9,372 $29,986
2017 $720 $39,358 $9,372 $29,986
2016 $852 $43,314 $10,548 $32,766
2015 $748 $42,053 $10,241 $31,812
2014 $700 $40,829 $9,943 $30,886
2011 -- $39,358 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Pending -- -- --
07/21/2025 07/21/25 Price Changed $495,000 -5.7% $260 / Sq Ft
06/16/2025 06/16/25 For Sale $525,000 0.0% $276 / Sq Ft
06/07/2025 06/07/25 Pending -- -- --
06/03/2025 06/03/25 Price Changed $525,000 -3.7% $276 / Sq Ft
03/10/2025 03/10/25 Price Changed $545,000 -5.2% $287 / Sq Ft
01/02/2025 01/02/25 For Sale $575,000 -- $302 / Sq Ft
Source: Santa Fe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Rio Arriba T&E Co Inc
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,000 New Conventional
Previous Owner $30,700 No Value Available
Previous Owner $239,600 No Value Available
Source: Public Records

Source: Santa Fe Association of REALTORS®

MLS Number: 202405189

Santa Fe Association of REALTORS®

APN: 1-046-116-090302