As you may know, Northern New Mexico is in a housing crisis, thanks to all of the new job growth is in desperate need for more housing. A recent study by the NM Mortgage Finance Authority indicates that New Mexico has a housing shortage of over 32,000 units. This 11.33 acre site that could potentially support a low density townhouse style community with 66 units. Located just down the street from the famous Parasol restaurant and in the heart of Espanola, NM this 11.33 acres site has been held in the family for generations and is now available for development to meet the growing demand for all of the new jobs entering the market. The property is located in one corner of the Los Alamos/ Espanola / Santa Fe employment triangle which contains 217,008 people with a median age of 45 and an average household income of $101,364. This offering is available at $1,100,000 or $16,667 per unit. Projected rents are $1,825 per unit or $2.61/sf.
Property Details
Property Features
Listing Office:
Office Name: NM Apartment Advisors, Inc.
Office Phone: (505) 440-8633
Listing Agent: Todd D. Clarke
Interior Features
Interior Information:
Basement: No
Lot Features
Lot Information:
Lot Size: 11.33 Acres
Other
Directions Information:
Directions: In Espanola, from North Riverside drive and La Joya east to property.
Price Information
Listing Price Info
Price Summary:
List Price: $1,100,000
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Housing Market Comparison
See how this home compares to others in Espanola, NM.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Eutimio Salazar Elementary School
1000 Zuni Ln
Distance between this listing and this school0.42 miles
Public District Grades PK-6
4
/10
James H. Rodriguez Elementary School
333 N Coronado Ave
Distance between this listing and this school1.78 miles
Public District Grades 1-6
3
/10
Tony E. Quintana Elementary School
11 Sombrillo Rd
Distance between this listing and this school1.80 miles
Public District Grades KG-6
Nearby Schools
3
/10
Carlos F. Vigil Middle School
1260 Johnie Roybal Ind Prk Rd
Distance between this listing and this school2.44 miles
Public District Grades 7-8
4
/10
Sixth Grade Academy
1574 State Rd 502
Distance between this listing and this school7.69 miles
Public District Grades 6-6
5
/10
Pojoaque Middle School
1574 NM 502
Distance between this listing and this school7.69 miles
Public District Grades 7-8
Nearby Schools
4
/10
McCurdy Charter School
515 Camino Arbolera
Distance between this listing and this school0.36 miles
Public Charter Grades KG-12
5
/10
Espanola Valley High School
1111 El Llano Rd
Distance between this listing and this school1.14 miles
Public District Grades 9-12
6
/10
Pojoaque High School
1574 NM 502
Distance between this listing and this school8.48 miles
The neighbors living near this home have an average income of $35,313. Typical income of Espanola, NM residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Espanola, NM
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Espanola, NM?
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.
Is Espanola, NM a good place to live?
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.
Are things conveniently located in Espanola, NM?
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.
What does the transportation in Espanola, NM look like?
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.
Frequently Asked Questions About 1000 La Joya
What is the listing price of this property?
The listing price of 1000 La Joya property is $1,100,000.
What type of property is this?
The property 1000 La Joya is land located in Espanola, New Mexico, 86632.
Is this property for sale now?
Active Listing: 1000 La Joya is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 1000 La Joya in Espanola, NM and zip code 86632. This home sits on a 11.33 acre lot. It has been listed on Rocket Homes since December 08, 2022 and is currently priced at $1,100,000.
Espanola, NM housing market in October 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 2 sold below. In October 2024 in Espanola, NM there were 2.6% more homes for sale than in September 2024. In October 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $339,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
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