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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.

Agent Description

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

1 story
4 full, 1 half
10 spaces
2006

Amenities

FireplaceRV Parking

Monthly Cost Estimate

$4,803/mo

20% down · 6.5% · 30 years

Principal$649
Interest$3,891
Insurance$262

Estimates only. Actual payments may vary.

Location

36 Penny Lane

Las Vegas, NM 87701

Features & Amenities

Interior Features

BeamedCeilingsNoInteriorSteps

Exterior Features

HorseFacilities

Property Details

Flooring

WoodTileConcreteCarpet

Construction

Frame Stucco

Parking

GarageRVCarport

Heating

RadiantElectric (Heating)WoodWood StoveBaseboardRadiant FloorPropane (Heating)Pellet Stove

Appliances

DryerDishwasherGasCooktopDisposalGasWaterHeaterMicrowaveOvenRangeRefrigeratorWaterSoftenerWaterPurifierWasher

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.

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KQ

Kurtis Quintana

Agent at Home & Land Professionals LLC

(505) 718-9364

Listed by Home & Land Professionals LLC

MLS# 202601277· Source: listhub· Updated 11 days ago

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

36 Penny Lane, Las Vegas, NM 87701

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