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82 Private Drive 1305, Truchas, NM, 87578

6beds
5baths
5,300sqft
$1,200,000
$226price/sqft
$12,561/moest. monthly cost
$502,440/yrincome needed

About This Home

Set on 23 acres in center of the historic village of Truchas, New Mexico—made famous as a filming location for The Milagro Beanfield War—this remarkable property offers privacy, versatility, and sweeping views of the majestic Truchas Peaks and surrounding high-desert landscape. The property includes three separate homes, providing exceptional flexibility for multi-generational living, guest accommodations, rental income, or retreat-style use. Multiple garages and workshops support a wide range of possibilities, from automotive and agricultural needs to artisan studios and home-based business pursuits. A private well and valuable water rights contribute to the property’s self-sufficiency and long-term value. The expansive acreage lends itself well to agricultural, equestrian, or sustainable living opportunities, while also offering peace, privacy, and uninterrupted vistas of the Truchas Peaks—views that define the beauty and character of Northern New Mexico. This is a rare opportunity to own a substantial and versatile holding in one of New Mexico’s most culturally rich and visually stunning communities, ideal as a private estate, income-producing property, or legacy investment.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
5/10
6/10
Espanola Valley High SchoolGrades 9-1213.1 mi

Construction

Condition

  • Year built: 1970

Materials

  • Roof: Metal,Pitched
  • Construction materials: Adobe,Block,Frame,Concrete,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Northern New Mexico
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

  • Basement: Other,See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Interior Steps
  • Flooring: Other,See Remarks,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Wood BurningStove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace(s),Propane
  • Cooling features: None

Interior Area

  • Total structure area: 5,300
  • Total interior livable area: 5,300 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 1061123457327
  • Zoning: Rural Residential
  • Zoning description: Residential
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Horse Facilities
  • Horses can be raised: Yes
  • Living area range: 4,001-5,000

Lot

  • Lot size: 22.67 Acres

Parking

  • Total spaces: 20
  • Parking features: Carport,RV Garage,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6
  • Carport: 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

  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireRelatively High
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Wildfire
Landslide
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 $6,067$72,804
Home Insurance *$3,738$44,856
Property Taxes $2,380$28,560
Electricity $376$4,521
Total$12,561$150,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$430,662/yr
40% on housing$376,830/yr
45% on housing$334,960/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

$226This listing

vs Other Active Listings

Avg $/sqft

ZIP 87578$276
Rio Arriba County$710

vs Homes Sold Last Month

Median $/sqft

ZIP 87578$52
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)

No zestimate history available

Price History

DateEventPrice
2026-01-20Listed for sale$1,200,000

For Sale by Agent

AgentDavid Cordova
BrokerageSotheby's Int. RE/Grant

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