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40 County Road 23 , Espanola, NM 87532

$385,000

2
beds
1 full · 1 half
baths
1,512
sqft
1961
year built

This horse/animal friendly property is located in La Mesilla on 0.77 acres (near the Espanola/Santa Fe corridor) provides straightforward commuter access to Santa Fe, Los Alamos, and Taos. Consisting of approximately 1,512 sq.ft., this unique, characterfilled 2-bedroom, 2-bathroom adobe home features hand-stenciled wood flooring, two wood-burning stoves, and a traditional fireplace. These custom, creative touches throughout the home give it the feel of an "up-cycled farmhouse" ideal for artists or buyers seeking the Northern New Mexico rustic aesthetic. The equestrian/livestock setup includes a fenced property with an upper portion designated specifically for animal pens. A nearby bermed-in hay barn accompanies an attached tack shed and a small loafing shed. The entire property backs up to nearby BLM land with vast views of the nearby Black Mesa ideal for off-property horseback riding or quiet sunset hiking. The 0.77-acre lot offers ample buffer space, outbuilding storage, and room for gardening, studio space, or outdoor living additions complete with a private well in place. Private and quiet, the scenery invites one’s creativity to unfold, ideal for those looking for a simple artists retreat.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1961
  • 0.77 Acre Lot
  • 8 days on Market

  • Bedrooms
    2
  • Bathrooms
    1 full · 1 half
  • Year Built
    1961
  • Architectural Style
    One Story, Northern New Mexico
  • Construction Materials
    Stucco, Block, Adobe
  • Living Area
    1512.0
  • Appliances
    Refrigerator, Range, Oven
  • Flooring
    Tile, Wood
  • Security Features
    Security Gate
  • Cooling
    None
  • Heating
    Fireplace(s), Wall Furnace, Natural Gas, Wood Stove

  • Acres
    0.77
  • Utilities
    Electricity Available
  • Water
    Private, Well

  • County
    Rio Arriba
  • City
    Espanola
  • Zip Code
    87532
  • High School
    Unknown
  • Middle School
    Unknown
  • Elementary School
    Unknown

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Frequently Asked Questions

How do I schedule a tour of 40 County Road 23?

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 40 County Road 23.

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

How do I get more information about 40 County Road 23?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $385,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Espanola, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 40 County Road 23?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 40 County Road 23 at around $2,088. 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 40 County Road 23?

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 Rio Arriba 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 40 County Road 23?

In most cases, yes. Whether 40 County Road 23 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 40 County Road 23?

We can handle that for you. Our preferred local agent specializes in residentials 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 $385,000 with 1,512 sqft of space—that comes out to approximately $255 per square foot.

How long has this property been on the market?

40 County Road 23 was listed on October 29, 2026, which means it's been on the market for 8 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 1961, making it approximately 65 years old.

What is the lot size of this property?

40 County Road 23 sits on a 0.77-acre lot, which is 33,541 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Unknown
  • Middle: Unknown
  • High: Unknown

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

Is 40 County Road 23 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

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Last Updated: November 06, 2026 at 08:02PM | Source: Santa Fe Association of REALTORS | MLS#: 202604600