Home on 5 acres in idyllic Peña Blanca - UNDER CONTRACT

Adrienne Harvitz
Nov 7
2 min read

736 Bosque Dulce | Asking $411,000

A Celebration of Land, Water & Heritage in Northern New Mexico

A few weeks ago, this special property in historic Peña Blanca went under contract, but it’s one worth pausing to celebrate. Tucked between Santa Fe and Albuquerque, in the fertile Rio Grande Valley, this five-acre parcel embodies the agricultural roots and timeless character that define Northern New Mexico living.

The Property

Spanning five acres, the land is divided into four irrigated acres and one residential acre—a rare balance of functionality and beauty. It includes a private well and more than 7 acre-feet of surface water rights, valued around $150,000, supporting a small orchard, a manicured front yard, and generous open space for cultivation or creative projects.

The home, built in the 1990s, reflects the warmth of Southwestern architecture with vigas, wood stoves, and handcrafted touches throughout. Recent updates include fresh interior paint, a new septic system, and maintenance to the roof, windows, and bathroom, ensuring a strong foundation for its next chapter.

The Setting

From nearly every point on the property, the Jemez, Sandia, and Ortiz mountains stretch across the horizon, framing views of the Rio Grande Valley below. Mature fruit trees and open fields add to the sense of authenticity and space that draw so many to this region. The property’s agricultural zoning allows for versatility—gardening, small-scale farming, or simply enjoying life connected to the rhythms of the land.

Why Peña Blanca Matters

Peña Blanca sits at the cultural heart of New Mexico, surrounded by acequias, farmlands, and multi-generational homesteads. This community represents the state’s living history—a place where land, water, and tradition continue to shape daily life. Located just 40 minutes from Santa Fe and an hour from Albuquerque, it’s an ideal midpoint for those seeking space and authenticity without losing accessibility.

Looking Ahead

This sale highlights what makes Northern New Mexico real estate so unique: properties that hold both story and potential. As 736 Bosque Dulce transitions to new ownership, it carries forward a legacy of land stewardship, water rights, and a deep connection to place.

✨ Congratulations to all involved—and gratitude for the opportunity to represent a property that truly captures the spirit of the Rio Grande Valley.

Property Details

Address: 736 Bosque Dulce, Peña Blanca, NM 87041
Rustic Home: 1 bed/1 bath | 1126 square feet | Built 1990s | Vigas | Updated interior
Acreage: 5 acres (4 irrigated + 1 residential)
Water Rights: 7 + acre-feet (surface rights from Acequia, valued at over $150,000)
Zoning: Residential / Agricultural
Location: Between Santa Fe and Albuquerque
Water & Sewer: Private Well & Septic
Heat: Wood stoves