1215 N Orchard, Espanola

$522,500

5 Beds
2 Baths
1,696 Sqft
.26 Acres
0 Garages

This property has so much potential as either a family property or an investment property! There are 3 addresses associated with the lot.
One of the homes is fully furnished and has been successfully operating as an Airbnb since Dec. 2022 with a 70-80% occupancy rate at a median nightly rate of $110. This residence is about 1266 sq ft and is 2 bed 1 bath. See the video tour for this home! This one is selling fully furnished and equipped.
The other home is about 1696 sq ft. This one still has a few updates left to finish but has new kitchen cabinets and counters, new flooring, new paint, new mini split system, new stove, new dishwasher. There is a large attic space that can be accessed from exterior stairs. One area of this has been finished with drywall and flooring. And there is potential to finish out the remainder.
The third address is a heated studio room about 256 sq ft. It has potential to be turned into another residence or could be used for heated storage, work out room, music room, etc.
A few more pros to this property are good well water, fast internet and extra storage!

Essential Information
MLS® #202341943
Price$522,500
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,696
Square Footage1696 SquareFeet
Acres0.26
Year Built1950
TypeResidential
Sub-TypeSingle Family Residence
StyleContemporary
StatusActive
Community Information
Address1215 N Orchard
Area32-Fairview
CityEspanola
CountyRio Arriba
StateNM
Zip Code87532
Amenities
UtilitiesElectricity Available
Parking Spaces4
Interior
Interior FeaturesInterior Steps
HeatingDuctless
CoolingDuctless, Refrigerated
FireplaceYes
# of Fireplaces1
FireplacesGas
StoriesOne
Exterior
RoofPitched
School Information
ElementaryEspanola
HighEspanola Valley High
Middle

Carlos F. Vigil Espanola Middle School

Additional Information
Date ListedDecember 2nd, 2023
Days on Market150
Property History
Price Reduced from $535,000 to $522,500
Price Reduced from $550,000 to $535,000
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