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United Realty

[email protected] +1(575) 631-9443

$ 898,000

Est. payment -/mo

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36 Penny Lane Las Vegas, NM 87701

6 Beds

4.5 Baths

3,446 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Fam Site Blt acre

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2900+

Square Footage 3,446 sqft

Price per Sqft $260

MLS Listing ID 20261820

Style 1 Story,Northern New Mexico

Bedrooms 6

Full Baths 4

Half Baths 1

Year Built 2006

Annual Tax Amount $3,722

Tax Year 2025

Lot Size 20.000 Acres

Acres 20.0

Lot Dimensions 20

Property Sub-Type Single Fam Site Blt acre

Property Description

Tara Ranch is a substantially built Northern New Mexico ranch offering privacy, scale, and exceptional equestrian improvements on 20 fully fenced, mostly flat acres. From the gated entrance, a quarter-mile private drive leads to the 3,400+ sq ft main home and impressive barn. Built in 2006, the one-level home features 12-foot ceilings, diamond-finish walls, arches, and large beams, creating oversized rooms and generous living areas. The open living, dining, and kitchen spaces capture magnificent views and flow to a covered portal for outdoor dining and grilling. The chef's kitchen includes two ovens, a large gas cooktop with griddle, two sinks, wild stone granite counters, stainless appliances, a large pantry, and abundant cabinetry. The west wing offers the primary suite, an office/media room, and a guest bedroom; the east wing includes two additional bedrooms with a Jack-and-Jill bath. Practical upgrades include a heated 3+ car garage, radiant floor heat, fenced backyard, updated boiler (2024), hot water heater (2022), private well, and water softener. Completed in 2025, the state-of-the-art 6-stall Barn Pros facility includes rubber flooring, tack room, workshop, hay storage, wash area, fenced 45x60 corral, RV covered parking, and a 1,600 sq ft apartment above. Surrounded on three sides by a 2,500-acre private ranch with sweeping Hermit's Peak views and easy access to riding trails, Tara Ranch is well situated for Santa Fe and Las Vegas NM. Additional adjoining acreage possibly available with purchase of main property.

Location

State NM

County San Miguel

Area New Mexico Mls

Rooms

Other Rooms Formal Dining Room, Laundry Room

Interior

Interior Features Blinds/Shades, Ceiling Fan, Garage Door Opener, Pantry, Walk In Closet, Skylights, Vaulted Ceiling, Fireplace

Heating Propane, Radiant, Stove-Wood

Flooring Carpet, Wood, Concrete

Fireplaces Number 2

Fireplaces Type Woodburning Stove, Pellet

Appliance Dishwasher, Microwave, Range Hood, Range-Built-In, Range-Free Standing, Refrigerator, Wall Oven, Washer, Wine Refrigerator, WASHER/DRYER HOOK UP

Exterior

Exterior Feature Barn, Corrals, Fence, Guest House, Horses Allowed, Patio Covered, RV Parking, Storage Shed

Parking Features Attached

Garage Spaces 3.0

Utilities Available Electricity, Propane, Septic System, Private Well

Roof Type Metal,Propanel

Building

Structure Type Floor-Slab,Frame,Stucco

Others

SqFt Source tax assessor, and floorpan generator

Acceptable Financing Cash, Conventional, FHA, VA, USDA

Listing Terms Cash, Conventional, FHA, VA, USDA

Listed by HOME & LAND PROFESSIONALS

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United Realty

Brokerage | License ID: 09099

+1(575) 631-9443

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Hobbs, NM

United Realty

36 Penny Lane Las Vegas, NM 87701

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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36 Penny Lane