36 Penny Lane, Las Vegas, NM 87701
Local realty services provided by:CENTURY 21 Dunagan Associates
36 Penny Lane,Las Vegas, NM 87701
$898,000
- 6 Beds
- 6 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 property offering privacy, scale, and exceptional equestrian improvements on 20 fully fenced, mostly flat acres. From the gated entrance, a beautiful quarter-mile private driveway leads to the 3,400+square-foot main home and the impressive barn. Built in 2006, the one-level home features 12-foot ceilings, diamond-finish walls, arches, and large beams throughout, creating a spacious feel with oversized rooms and generous living areas. The open main living, dining, and kitchen spaces take in magnificent views and connect easily to a covered portal for outdoor dining, grilling, and enjoying the landscape. The chef’s kitchen is well equipped with two ovens, a large gas cooktop with griddle, two sinks, wild stone granite counters, stainless steel appliances, large pantry, and abundant cabinetry. The layout is practical and comfortable, with the primary suite, office or media room, and one guest bedroom on the west wing, while two additional bedrooms and a Jack-and-Jill bath are on the east wing. The heated 3+ car garage, radiant floor heat, fenced backyard, updated boiler in 2024, hot water heater in 2022, private well, and water softener add everyday function and value. Completed in 2025, the state-of-the-art 6-stall Barn Pros equestrian facility includes rubber flooring, tack room, workshop, hay storage, wash area, fenced 45x60 corral, RV covered parking, and a 1,600-square-foot 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 access to Santa Fe and Las Vegas NM....
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Home facts
- Year built:2006
- Listing ID #:20261820
- Added:3 day(s) ago
- Updated:April 03, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:5
- 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.
- Lot area:20 Acres
- 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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