$6,318 Closing Credit¹
#202502134, Danika Wright, Listing Office: Realty One of New Mexico
$430,000 List price
707 Middle San Pedro Rd Espanola, NM 87532
$5,106
Closing credit¹
3 beds
2 full
2,155 sqft
0.8 acres
$200 / sqft
House
Property details
About 707 Middle San Pedro Rd
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.
Highlights
Home typeSingle Family Residence
HeatingBaseboard, Hot Water, Natural Gas
StatusActive
Size2,155 sqft
BasementYes
Lot size0.79 Acres
Year built1948
ParkingCarport, Detached, Garage
MLS #202502236
Garage1 space
FireplaceWood Burning
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
- Basement: Yes
- Flooring Type: Carpet, Laminate, Tile
- Interior: No Interior Steps
- Fireplace: Wood Burning
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Parking: Carport, Detached, Garage
- Architectural Style: Northern New Mexico, One Story
- Heating: Baseboard, Hot Water, Natural Gas
- Cooling: None
- List Price: $430,000
- Price/SqFt: $199
- HOA Amount: $20 Annually
- Annual Tax Amount: $2,642
- Tax Year: 2023
- Directions: From Santa Fe, turn left onto Upper San Pedro, take a right onto Middle San Pedro, property is on the right. From Espanola, turn right onto Upper San Pedro and right onto Middle San Pedro.
- Year Built: 1948
- Living Area: 2,155 SqFt
- Lot Size: 0.79 Acres
- MLS Number: 202502236
- MLS Name: SFAOR
- Office Name: Keller Williams Realty
- Office Phone: (505) 983-5151
- Listing Agent: Andres Serna
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 6:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$430,000
707 Middle San Pedro Rd
$5,106
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $96,843 | $2,642 |
| 2022 | $62,195 | $1,645 |
| 2021 | $60,383 | $1,645 |
| 2020 | $58,624 | $1,376 |
| 2018 | $58,274 | $1,190 |
| 2017 | $58,952 | $1,230 |
History based on county public records data.
Nearby schools
3
Tony E. Quintana Elementary School
Public District KG-6
1.3 mi
•11 Sombrillo Rd
6
Eutimio Salazar Elementary School
Public District PK-6
1.3 mi
•1000 Zuni Ln
4
James H. Rodriguez Elementary School
Public District 1-6
1.6 mi
•333 N Coronado Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,286. Residents of Espanola, NM typically earn less than $<35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
49%
<35k
37%
35k-100k
13%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
18%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Extreme Sports
Where do the neighbors shop?
Wal-Mart
Kmart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Sonic
Bob Evans
Little Caesars
What do the neighbors drive?
Oldsmobile
Buick
Chevrolet
What do the neighbors listen to?
Contemporary Inspirational- Oldies
Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Espanola, NM
Transportation in Espanola includes a network of roads that connect residents to nearby cities and attractions. Public transit options are available, offering a practical alternative to private vehicle use. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Efforts to enhance transport efficiency and accessibility are ongoing, aiming to provide residents with improved mobility options.
The community is served by a number of public schools, providing educational opportunities for children of various ages. Healthcare services are available to meet the needs of residents, including primary care and specialized medical services. Espanola also features a selection of retail and dining options that reflect the local culture, with initiatives in place to adapt and improve these services as the community evolves.
Espanola is celebrated for its rich cultural tapestry, woven from its Native American and Spanish heritage. The community prides itself on local events that showcase traditional arts, crafts, and cuisine, contributing to a vibrant and authentic local atmosphere.
Espanola's housing market offers a blend of residential options, with single-family homes being a significant component. The architectural styles in the area range from Southwestern adobe to more contemporary designs, reflecting the region's cultural heritage and modern growth. While the exact composition of the housing market is not specified, there is a mix of both homeowners and renters within the community.
About 707 Middle San Pedro Rd
The listing price of 707 Middle San Pedro Rd property is $430,000.
The property 707 Middle San Pedro Rd is a house located in Espanola, New Mexico, 87532.
Active Listing: 707 Middle San Pedro Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 707 Middle San Pedro Rd are: Tony E. Quintana Elementary School (GreatSchools Rating 3/10), Eutimio Salazar Elementary School (GreatSchools Rating 6/10), James H. Rodriguez Elementary School (GreatSchools Rating 4/10), Carlos F. Vigil Middle School (GreatSchools Rating 3/10), Sixth Grade Academy (GreatSchools Rating 4/10), Pojoaque Middle School (GreatSchools Rating 5/10), McCurdy Charter School (GreatSchools Rating 4/10), Espanola Valley High School (GreatSchools Rating 5/10), Pojoaque High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,642 (source: MLS/based on county public records data).
The property at 707 Middle San Pedro Rd has 3 bedrooms and 2 bathrooms.
The property 707 Middle San Pedro Rd is 2,155 SqFt (source: MLS/tax record).
The year of construction for 707 Middle San Pedro Rd is 1948.
This home is located at 707 Middle San Pedro Rd in Espanola, NM and zip code 87532. This 2,155 square foot home, which was built in 1948, sits on a 0.79 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 25, 2025 and is currently priced at $430,000.
In April 2025 more than 0 listings in Espanola, NM were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of listings in Espanola, NM increased by 15.4% between March and April 2025. The median list price of listings available in April 2025 was $340,000, while the average time on the real estate market was 27 days.
From Rocket Homes Real Estate and based on county public records data.