Residential Land for Sale in Peña Blanca, New Mexico
12 Sparkling Moolah, Peña Blanca, NM 87041
Rare opportunity to own 7.62 acres of fertile land with 5.62 acre-feet of state-registered Pre-1907 Irrigation Water Rights, located just 1/4 mile from the Rio Grande. This level, accessible parcel offers stunning mountain views and sits conveniently between Santa Fe and Albuquerque (30 minutes to each). Enjoy nearby Cochiti Lake (10 min), fertile soil for farming, and abundant wildlife in a peaceful rural setting. Ideal for agriculture, recreation, development, or investment. Land and water rights can be purchased together or separately. - Lot Size: 7.62 acres - Water Rights: 5.62 acre-feet Pre-1907 - Price: $599,000 (land + water) o Land only: $299,000 o Water rights only: $299,000 - Zoning: Rural/Agricultural - Utilities: Electric At Lot Line, Septic & Well Required
Location
- Street address
- 12 Sparkling Moolah
- County
- Sandoval County
- Elevation
- 5,216 feet
Directions
Take I-25 south from Santa Fe or north from Abq. Take the Santo Domingo Exit and head west then north on Hwy 22 to Pena Blanca. Go about 10 miles, just before the Pena Blanca town sign, go Left at the big Enchanted Farms sign on Sparkling Moolah Rd. Follow road along irrigation to the left going back south. Take the last right before road ends. Follow past 2 small homes, road splits keep go right to the gate. Neighbors house it to the left.
Property details
- Acreage
- 7.62 acres
- Zoning
- Rural Residential
- MLS #
- SFAR 202503923
- Posted
Parcels
- R105866
Legal description
S 6T: 15N R: 6E SUBD: MAP 4 TRACT 88C
Details and features
Listing
- Type
- Land
- Franchise
- Independent
Structure
- Water
- Well Needed
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Cochiti | Elementary | — | — |
| Bernalillo Middle School | Middle | — | — |
| Bernalillo High School | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 25, 2025 | New listing | $599,000 | — | SFAR |