Penasco NM Homes for Sale
$160,000
1206 NM - 75 Rio Lucio, NM 87553
- Type:
- Single Family
- Sq.Ft.:
- 859
- Status:
- Active
- Beds:
- 1
- Lot size:
- 1.11 Acres
- Year built:
- 1937
- Baths:
- 1.00
- MLS#:
- 202403308
ADDITIONAL INFORMATION
Looking for a small, mostly adobe home to make yours. This house has so much potential. It has running community water, electricity, new septic, new survey, and propane. One could live in it as they remodel. The home sits on a small hill and is surrounded by so many beautiful views and overlooks the valley where the Rio Santa Barbara runs through and one can hear the water running down the river. Nearby, the Rio Santa Barbara flows into the Rio Pueblo and heads west. The home also comes with 1.11 acres of land with irrigation water rights. It has everything one would want to live in the country and be self-sustaining. Set up a small corral for sheep, maybe goats, and set up the chicken coop. Now it is time to enjoy the good life, clean mountain air, amazing views, beautiful starlit skies, and the sound of water running down the river or in one’s own Acequia that meanders behind the home. The area has many great fishing streams, and the forest is close by for mountain climbing, fishing, and biking.
Penasco Real Estate
The median home value in Penasco, NM is $198,600. This is lower than the county median home value of $378,800. The national median home value is $338,100. The average price of homes sold in Penasco, NM is $198,600. Approximately 58.64% of Penasco homes are owned, compared to 14.97% rented, while 26.39% are vacant. Penasco real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Penasco real estate agent to arrange a tour today!
Penasco, New Mexico 87553 has a population of 1,357. Penasco 87553 is less family-centric than the surrounding county with 10.71% of the households containing married families with children. The county average for households married with children is 14.47%.
The median household income in Penasco, New Mexico 87553 is $35,313. The median household income for the surrounding county is $49,481 compared to the national median of $69,021. The median age of people living in Penasco 87553 is 42.2 years.
Penasco Weather
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 17.3 inches per year, with 53.8 inches of snow per year.