$430,000
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707 Middle San Pedro Road, Espanola, NM 87532

3 Beds
2 Baths
2,155 Sq Ft

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 areasoffering 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 incomea 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 todays 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 levelwith the charm of New Mexico, the comfort of space, and the convenience of location.Dont miss your chance to own one of the most well-rounded and desirable properties in the areawhere lifestyle, land, and opportunity come together beautifully.

  • MLS# 202502236
  • Date Listed05/24/2025
  • Bedrooms 3
  • Bathrooms 2 Full baths
  • Lot Size 0.79 acres (34,412 sq. ft)
  • Sewer Public Sewer
  • Property Type Single Family
  • County Rio Arriba
  • Year Built 1948
  • Water Public
  • Square Feet 2,155 sq. ft
  • Price Per Sq. Ft $199.54

Interior Features

  • Appliances Dryer, Dishwasher, Electric Cooktop, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
  • Flooring Carpet, Laminate, Tile
  • Cooling Evaporative Cooling, None
  • Heating Natural Gas, Baseboard, Hot Water

Exterior / Lot Features

  • Exterior Outbuilding, Storage
  • Roof Metal
  • Lot Size Acres 0.79
  • Lot Size SQFT 34,412.40
  • Lot Features -

Financial Considerations

  • HOA Fee $20 Annually

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NM / 87532

Source: Walkscore

29/100

Car-Dependent

Walk Score ®

40/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 20/100.

Property Change History

Agent added 49 new photos to the listing
049 photos

Points of Interest near 707 Middle San Pedro Road, Espanola, NM 87532

Frequently Asked Questions for 707 Middle San Pedro Road

Source: Realty.com

707 Middle San Pedro Road, Espanola, NM 87532 is a Single Family 2,155 sq. ft. home listed for sale. Realty.com has 49 photos available of this 3 bed, 2 bath house, listed at $430,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 49 photos of 707 Middle San Pedro Road.

Our records indicate that 707 Middle San Pedro Road was built in 1948.

The full address for this home is 707 Middle San Pedro Road, Espanola, NM 87532.

707 Middle San Pedro Road has been listed on Realty.com since Sat May 24, 2025

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 20/100.

There are 3 schools assigned to this home. Check out the schools near 707 Middle San Pedro Road. Eutimio Salazar Elementary School (Grades: PK - 6), Carlos F Vigil Middle School (Grades: 7 - 8), Espanola Valley High School (Grades: 9 - 12)

Listing provided courtesy of: Keller Williams Realty (tel: 505-983-5151)
Listing agent: Andres Serna (tel: 505-699-0618) (#9418)

This content last refreshed on 2025-12-05 17:49:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 707 Middle San Pedro Road, Espanola, NM 87532 : MLS# 202502236