Skip to main content
Back to Search Results
|

707 Middle San Pedro Road, Espanola, NM 87532

Show All 49 Photos
For Sale

$430,000

3 beds • 2 baths • 2,155 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $199.54
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Charming Northern New Mexico Home with Water Rights, Rental Income & Easy Access to Los Alamos and Santa Fe Welcome 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.
MLS# 202502236

Courtesy Of Keller Williams Realty

(505) 983-5151

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Adobe, Stucco
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Laminate, Tile
  • Heating System
    Baseboard
  • Lot Size
    0.79 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 707 Middle San Pedro Road, Espanola, NM 87532

Home seller CENTURY 21 Dunagan Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Dunagan Associates

(575) 234-1516
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading