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1004 Nm #76, Espanola, NM 87532

$1,023,993

5,338
sqft
1949
year built

This seven plex is well located in close proximity jobs, retail, restaurants, casinos and the world famous El Parasol and Rancho Chimayo Restaurants. Each of the units has it’s own laundry or shares with one additional unit. Most of the residences have their own private yard spaces and truly feel like separate cottages in a larger northern New Mexico familial compound setting. The property is a value-add opportunity if repositioned to take advantage of the announced 20,000 jobs, at the rate of 2,000 per year, at Los Alamos National Laboratories (LANL) that will spill in the surrounding towns, cities and counties. The subject property is located 22 miles to the front gate of LANL. This property is strategically located at one corner of the Los Alamos/Espanola/Santa Fe employment triangle, which boasts a population of 217,008, with a median age of 45 and an average household income of $101,364. The property is offered at $1,023,993, with measure of investment performance that include a price per unit of $144,285, price per square foot of $178.37, a GRM of 8.32 and a cap rate at 7.67 with an average rent of $1,539 per unit per month. Please review the 26 page flyer and Espanola housing summit reports. Do not miss out on this rare opportunity to buy into a market that offers northern NM architecture in a family compound that is poised on the cusp of phenomenal job growth.

Highlights

  • Residential Income
  • Apartment
  • Built in 1949
  • 1.15 Acre Lot
  • 490 days on Market

  • Year Built
    1949
  • Architectural Style
    One Story
  • Construction Materials
    Frame, Block, Adobe
  • Cooling
    Evaporative Cooling
  • Heating
    Forced Air, Electric

  • Acres
    1.15
  • Utilities
    Other, See Remarks
  • Water
    Public

  • County
    Santa Fe
  • City
    Espanola
  • Zip Code
    87532
  • High School
    Espanola Valley High
  • Middle School
    Carlos F. Vigil Espanola Middle School
  • Elementary School
    Espanola

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Price History

07/12/2025 Listed $1,023,993
Source: Santa Fe Association of REALTORS #202503167

Source: MLS Data

Deed History

03/20/2008 Quit Claim Deed (non-arm's length) $0

Source: Public records via Constellation Data Labs

Mortgage History

11/04/2010 Credit Line (Revolving) $30,000

Source: Public records via Constellation Data Labs

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Frequently Asked Questions

How do I schedule a tour of 1004 Nm #76?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1004 Nm #76.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1004 Nm #76?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,023,993. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Espanola, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1004 Nm #76?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1004 Nm #76 at around $5,827. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1004 Nm #76?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Santa Fe County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1004 Nm #76?

In most cases, yes. Whether 1004 Nm #76 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Espanola's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1004 Nm #76?

We can handle that for you. Our preferred local agent specializes in residential incomes in Espanola and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,023,993 with 5,338 sqft of space—that comes out to approximately $192 per square foot.

How long has this property been on the market?

1004 Nm #76 was listed on July 12, 2025, which means it's been on the market for 490 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1949, making it approximately 77 years old.

What is the lot size of this property?

1004 Nm #76 sits on a 1.15-acre lot, which is 50,094 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

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

Want to see how these schools compare? Check out our Santa Fe County School Guide to see ratings, reviews, and more for the schools in the area.

Is 1004 Nm #76 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

Search Nearby Counties

Listings in Los Alamos County Avg. Price $740K

Search Nearby Postal Codes

Properties in 87532 Avg. Price $415K

Properties in 87537 Avg. Price $241K

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Last Updated: November 14, 2026 at 01:41AM | Source: Santa Fe Association of REALTORS | MLS#: 202503167