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About This Home
This 6-bedroom, 5-bathroom single family at 36 Penny Lane in Las Vegas, NM is listed for $898,000 ($172 per sqft). Built in 2006, the home offers 5,211 sqft of living space on a 20.00 acres lot.
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.
Key Features
- Built in 2006
- 20.00 acre lot
- 10 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$4,803/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
36 Penny Lane
Las Vegas, NM 87701
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 6-bedroom, 5-bathroom single family at 36 Penny Lane is listed at $898,000 ($172/sqft). The estimated monthly payment is $3,891 based on 20% down at 6.5% interest.
Key features include: Built in 2006, 20.00 acre lot, 10 parking spaces, Fireplace. Interior Features: BeamedCeilings, NoInteriorSteps. Exterior Features: HorseFacilities.
This property is listed by Kurtis Quintana and can be reached at 5057189364 or kurtisquintana@gmail.com.

































































