REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Home & Land Professionals
$ 898,000
Est. payment /mo
Active
36 Penny Lane Las Vegas, NM 87701
20 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20264138
HOA Y/N No
Annual Tax Amount $3,722
Lot Size 20.000 Acres
Acres 20.0
Source NMMLS
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 chefs 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 Hermits 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
Exterior
Fence Cross Fenced
Utilities Available Phone Connected
View Y/N true
Private Pool No
Building
Sewer Septic Tank
Others
Tax ID R0658182
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
QUICK SEARCH