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36 Penny Lane

Las Vegas, NM 87701
  • $898,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 202601277
$898,000
  • 6
    BEDS
  • 20
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 5,211
    SQFT
  • $172
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2006
County:

School Information

Elementary School:
Middle School:
High School:

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.

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Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-06-13T23:51:32.58.
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36 Penny Lane Las Vegas, NM 87701

  • Price: $898,000
  • Status: Active
  • On Site: 75 Days
  • MLS #: 202601277
6
Beds
4
Baths
1
½ Baths
20
Acres
5,211
SQFT
$172
$/SQFT
2006
Built
Neighborhood:
28-San Miguel Cnty
County:
San Miguel
Area:
28-San Miguel Cnty
Elementary School:
Las Vegas
Middle School:
West Las Vegas
High School:
West Las Vegas High
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.
Exterior Features

Architectural Style Northern New Mexico One Story Attached Garage YN Yes Carport YN Yes Construction Materials Frame Stucco Exterior Features Horse Facilities Garage YN Yes Levels One Other Structures Barn(s) Guest House Detached Stable(s) Parking Features Attached Carport Direct Access Garage Heated Garage RV Access / Parking Parking Total 10 Roof Metal Waterfront YN No

Interior Features

Appliances Dryer Dishwasher Gas Cooktop Disposal Gas Water Heater Microwave Oven Range Refrigerator Water Softener Water Purifier Washer Basement YN No Cooling None Other See Remarks Cooling YN No Electric Underground Fireplace Features Pellet Stove Wood Burning Stove Fireplace YN Yes Fireplaces Total 2 Flooring Carpet Concrete Tile Wood Heating Baseboard Electric Propane Pellet Stove Radiant Floor Wood Stove Heating YN Yes Interior Features Beamed Ceilings No Interior Steps Living Area 3446 Window Features Insulated Windows

Property Features

Accessibility Features Not ADA Compliant Horse YN Yes Land Lease YN No Lease Considered YN No Listing Terms Cash Conventional Property Attached YN No Property Sub Type Single Family Residence Property Sub Type Additional Detached Single Family Residence Sale Or Lease Indicator For Sale Sewer Septic Tank Special Listing Conditions Standard Tax Annual Amount 3722.12 Tax Year 2025 Utilities High Speed Internet Available Other Electricity Available Water Source Private Well

Santa Fe Association of Realtors logo Listing provided courtesy of Kurtis Quintana of Home & Land Professionals LLC: (505) 425-9074. © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-06-13T23:51:32.58.
 
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The Very Best Santa Fe Team - Keller Williams
130 Lincoln Avenue, Suite K
Santa Fe NM, 87501