Keller Williams Realty

707 Middle San Pedro Road, Espanola, NM

$430,000

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3

Beds

2

Baths

2,155

Square feet

0.79

Acres

About 707 Middle San Pedro Road

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.

Features of 707 Middle San Pedro Road

MLS® # 202502236
Price $430,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 2,155
Square Footage 2155 SquareFeet
Acres 0.79
Year Built 1948
Type Residential
Sub-Type Single Family Residence
Style Northern New Mexico, One Story
Status Active

Community Information

Address 707 Middle San Pedro Road
Area 33-San Pedro
City Espanola
County Rio Arriba
State NM
Zip Code 87532

Amenities

Utilities High Speed Internet Available, Electricity Available
Parking Spaces 2
Parking Detached, Garage, Carport
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Tile, Laminate
Interior Features No Interior Steps
Appliances Dishwasher, Microwave, Oven, Range, Refrigerator, Dryer, Electric Cooktop, Washer, Water Softener
Heating Baseboard, Hot Water, Natural Gas
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning
Stories One
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Adobe, Frame, Stucco
Roof Metal, Pitched
Construction Adobe, Frame, Stucco

School Information

Elementary Unknown
Middle Carlos F. Vigil Espanola Middle School
High Espanola Valley High

Additional Information

Date Listed May 24th, 2025
Days on Market 21
Short Sale No
RE / Bank Owned No
HOA Fees 20
HOA Fees Freq. Annually

Listing Details

AgentAndres Serna
OfficeKeller Williams Realty

Listing Map

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