A rare opportunity to own a large parcel of property in Espaola city limits with plenty of potential! An older well-kept 2 Bed/2 Bath with home office space provides a den which could be easily converted into an additional bedroom. The formal living room is great for welcoming guests and enjoying those relaxing evenings. An eat-in kitchen and the direct-entry one car garage/workshop area make this home great for countless memories to be made. An attached multipurpose area that could be used for a number of purposes, such as a recreation room/home gym compliment the many uses of the primary residence. A detached 1 bed/1 bath all-inclusive guest house that could be utilized for income property purposes or hosting out-of-town guests is also located on this oversized city lot. Enjoy those sunny Valley afternoons with this large spacious yard which features a carport area with multiple storage units and a detached metal two-car garage. The front yard has tons of charm with mature evergreens and an old fashioned decorative well and grotto. With easy access for the Los Alamos or Santa Fe commuter, come see this cozy spacious bungalow!