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Just minutes from Michael’s MiniMart, you’ll find this beautiful 2.04-acre lot full of potential. Build your dream home, place a manufactured home, or even establish your own future business. This property is zoned for both residential and commercial use. Located 30 minutes from Taos and Los Alamos, and just 35 minutes from Santa Fe. The property includes community water, with gas and electricity available. All that’s left is to add a septic system, and a vault is already in place, making the process even easier. Don’t miss this incredible opportunity to invest, build, or grow. Owner will consider owner financing.

Highlights

  • Land
  • 2.04 Acre Lot
  • 250 days on Market


  • Acres
    2.04
  • Lot Features
    Views
  • Utilities
    Electricity Available, Water Available, Natural Gas Available, Other, Sewer Not Available, See Remarks

  • County
    Rio Arriba
  • City
    Velarde
  • Zip Code
    87582
  • High School
    Espanola Valley High
  • Middle School
    Carlos F. Vigil Espanola Middle School
  • Elementary School
    Velarde

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Frequently Asked Questions

How do I schedule a tour of 1378 State Road 68?

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 1378 State Road 68.

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

How do I get more information about 1378 State Road 68?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $174,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Velarde, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1378 State Road 68?

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 1378 State Road 68 at around $943. 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 1378 State Road 68?

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 1378 State Road 68?

In most cases, yes. Whether 1378 State Road 68 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Velarde'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 1378 State Road 68?

We can handle that for you. Our preferred local agent specializes in lands in Velarde 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.

How long has this property been on the market?

1378 State Road 68 was listed on March 01, 2026, which means it's been on the market for 250 days.

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

What is the lot size of this property?

1378 State Road 68 sits on a 2.04-acre lot, which is 88,862 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

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

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 1378 State Road 68 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 07:52PM | Source: Santa Fe Association of REALTORS | MLS#: 202600737