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215 State Road 554, Abiquiu, NM, 87510

2beds
2baths
2,400sqft
$630,000
$263price/sqft
$3,664/moest. monthly cost
$146,560/yrincome needed

About This Home

Situated on 27.63 acres of scenic land, this spectacular loft home offers extensive comfort, generous space, and abundant natural light. The property features a unique topography surrounded by rolling hills that are perfect for exploring, providing stunning spots to enjoy morning sunrises, evening sunsets, and starry night skies. The residence is designed with expansive proportions and immaculate acoustics, having served as a wonderful concert venue where the current owner, an accomplished violist, hosted intimate performances for the local community. The main living area can be reached by climbing a flight of stairs or through the ground-level rear entrance. Located underneath the main floor, the two-car garage features a dedicated guest suite complete with its own bedroom and bathroom. Residents will enjoy breathtaking views of Cerro Pedernal, the iconic mountain celebrated by Georgia O'Keeffe, as well as an array of neighboring mountains and mesas ideal for hiking and sightseeing. Furthermore, the picturesque Chama River Valley is located just two miles away, offering magnificent riverside vistas. A variety of popular local attractions are also within easy reach, including the Abiquiu Reservoir, the Ghost Ranch Conference Center, the historic Abiquiu Plaza, and the Georgia O'Keeffe Visitor Center. If you are seeking a truly unique residence that combines incredible views with peaceful solitude, this home is the perfect choice.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

1/10
5/10
6/10
Espanola Valley High SchoolGrades 9-1218.6 mi

Construction

Condition

  • Year built: 1999

Materials

  • Roof: Metal,Pitched
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Multi-Level
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

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

Features

  • Interior Steps

Heating & Cooling

  • Heating features: Electric,Hot Water,Radiant Floor
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 2,400 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 1037136450405
  • Zoning: R-1, 2, 3, 4, 5, 6
  • Special condition: Standard

Features

  • Levels: Two,Multi/Split
  • Stories: 2
  • Living area range: 2,001-2,500

Lot

  • Lot size: 27.85 Acres

Parking

  • Total spaces: 6
  • Parking features: Attached,Direct Access,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Drought
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 $3,185$38,220
Home Insurance *$194$2,328
Property Taxes $115$1,380
Electricity $170$2,047
Total$3,664$43,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,622/yr
40% on housing$109,920/yr
45% on housing$97,706/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

$263This listing

vs Other Active Listings

Avg $/sqft

ZIP 87510$413
Rio Arriba County$710

vs Homes Sold Last Month

Median $/sqft

ZIP 87510$332
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
2026-07-13Listed for sale$630,000

For Sale by Agent

AgentEmery Maez
BrokerageThe Maez Group

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