36 Penny Lane, Las Vegas, NM 87701
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
36 Penny Lane,Las Vegas, NM 87701
$898,000
- 6 Beds
- 5 Baths
- 3,446 sq. ft.
- Single family
- Active
Listed by: kurtis quintana, elizabeth demare
Office: home & land professionals
MLS#:20261820
Source:NM_RANM
Price summary
- Price:$898,000
- Price per sq. ft.:$260.59
About this home
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....
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Home facts
- Year built:2006
- Listing ID #:20261820
- Added:60 day(s) ago
- Updated:May 30, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Flooring:Carpet, Concrete, Wood
- Kitchen Description:Built-In Range, Dishwasher, Free-Standing Range, Microwave, Oven, Pantry, Range Hood, Refrigerator, Wine Refrigerator
- Living area:3,446 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Propane, Radiant, Wood Stove
Structure and exterior
- Roof:Metal, Propanel
- Year built:2006
- Building area:3,446 sq. ft.
- Architectural Style:Northern New Mexico
- Construction Materials:Frame, Stucco
- Exterior Features:Patio Covered
- Foundation Description:Slab
- Levels:One
Utilities
- Water:Private
- Sewer:Septic tank
Finances and disclosures
- Price:$898,000
- Price per sq. ft.:$260.59
- Tax amount:$3,722 (2025)
Features and amenities
- Appliances:Built-In Range, Dishwasher, Free-Standing Range, Microwave, Oven, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Laundry features:Washer
- Amenities:Ceiling Fan(s), Horses Allowed, Walk-In Closet(s)
Parking
- Total parking spaces:3
- Parking description:Attached Garage, Garage Door Opener, Rv Access/Parking
- Garage:Yes
- Garage spaces:3
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