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21 County Road 177, Ojo Caliente, NM, 87549

3beds
2baths
1,518sqft
$419,500
$276price/sqft
$3,283/moest. monthly cost
$131,320/yrincome needed

About This Home

Bienvenidos! Welcome to your perfect high-desert sanctuary right here in the heart of the Ojo Caliente valley, situated a mere 2.3 miles south of the renowned Ojo Caliente Mineral Springs Resort and Spa. This property presents a rare opportunity to own an immaculately cared-for home resting on a sizable three-quarter-acre lot just down the road from one of the state's most beloved attractions, and many other attractions not much further way. The versatile three-bedroom, two-bathroom residence is ideal for full-time country living, a peaceful part-time getaway, or a highly successful short-term rental in a highly sought-after neighborhood with limited housing options. Adding to its incredible adaptability, the home's layout provides the distinct potential to be split into two separate units, offering a fantastic opportunity to maximize dual rental income or comfortably host extended family. Families will also appreciate the location, which boasts convenient access to many great options for schools in the surrounding community to suit every educational need with fantastic schools. Inside, gorgeous, newly refinished hardwood floors flow beautifully throughout the home, complementing two recently redone bathrooms and a bright, spacious sunroom off the main living area that includes a convenient attached home office with plenty of natural sunlight and warmth from the solar passive; the wood stove is also a nice touch which keeps the home comfortable in the winter. Some photos have been virtually staged to spark creativity. Outside, the expansive yard serves as a wonderful blank canvas featuring a sizable storage shed, ample room for gardening, and a separately fenced, gated area ideal for livestock or building an additional rental structure. Imagine ending your day in absolute tranquility, sitting around a cozy firepit with the family under a sweeping, star-filled high-desert sky. Set back from the highway for ultimate privacy yet offering incredibly convenient access, the property is surrounded by rich valley land, dramatic cliffside mesas, and ancient cottonwoods lining the historic acequias. From this idyllic home base, enjoy an easy commute to Española and Santa Fe for exceptional shopping and dining, along with an ideal, highly convenient route for professionals commuting to Los Alamos National Laboratory. For weekend recreation, take a scenic trip through the Carson National Forest to Taos for premier skiing, Rio Grande river adventures, and exploring the Taos Plaza, or make a quick journey in the other direction to tranquil Hopewell Lake for excellent fishing and spotting wild horses in the nearby alpine meadows. Blending timeless natural beauty with unbeatable versatility, this truly couldn't be a more perfect place to call your own in the Land of Enchantment.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

8/10
3/10
Mesa Vista Middle SchoolGrades 7-84.6 mi
8/10
Mesa Vista High SchoolGrades 9-124.6 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Combination
  • Roof: Pitched
  • Construction materials: Frame,Stucco

Notable Dates

  • Major remodel year: 2020

Type & Style

  • Home type: SingleFamily
  • Architectural style: Southwestern
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Beamed Ceilings
  • Window features: Window Coverings
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: One,Wood Burning Stove
  • Fireplace: Yes

Heating

  • Heating features: Forced Air,Passive Solar

Interior Area

  • Total structure area: 1,518
  • Total interior livable area: 1,518 sqft

Property

Details

  • Parcel number: 1048139008194
  • Zoning description: County

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio,Porch
  • Exterior features: Gravel Driveway,Shed
  • Fencing: Wood,Wire
  • Waterfront features: None
  • Topography of land: CanyonValley

Lot

  • Lot size: 0.75 Acres
  • Features: Trees,Xeriscape

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Wildfire
    WildfireRelatively High
  • Drought
    DroughtModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Drought
Winter Weather

FEMA Declared Disasters in Rio Arriba County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,121$25,452
Home Insurance *$245$2,940
Property Taxes $769$9,228
Electricity $148$1,780
Total$3,283$39,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,560/yr
40% on housing$98,490/yr
45% on housing$87,546/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 87549$190
Rio Arriba County$710

vs Homes Sold Last Month

Median $/sqft

ZIP 87549$193
Rio Arriba County$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-17Listed for sale$469,000
2020-10-19Listing removed$185,000
2020-09-03Pending sale$185,000
2020-05-08Listed for sale$185,000
2018-02-13Sold--

For Sale by Agent

AgentRyan Trujillo
BrokerageBerkshire Hathaway HomeServices Taos Real Estate

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