36 Penny Lane
Las Vegas, NM 87701
6
Bed
5
Bath
3,446Sqft
20Acres(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 5 Full Baths: 4 Half Baths: 1 -
Flooring Information
Carpet, Wood, Concrete -
Roofing Information
Metal -
Interior Features
Ceiling Fan(s), Pantry, Walk-In Closet(s), Vaulted Ceiling(s) Roof: Metal Appliances: Dishwasher, Microwave, Range Hood, Built-In Range, Free-Standing Range, Refrigerator, Oven, Washer, Wine Refrigerator Window Features: Blinds, Skylight(s) -
Heating & Cooling
Has Heating: Yes Heating: Propane, Radiant, Wood Stove Cooling: Ceiling Fan(s)
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Building Information
Year Built: 2006 Building Area Total: 3446 Construction Materials: Frame, Stucco Stories: 1 Patio And Porch Features: Patio, Covered Private Pool: No
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Lot Information
Main Square Feet: 20 Acres Lot Size Acres: 20 Lot Size Square Feet: 871200
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Listing Price Information
Listing Price: $898000 Cash, Conventional, FHA, VA Loan, USDA Loan
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Tax Information
Parcel Number: R0658182 Tax Year: 2025 Annual Tax: $3722.12 Tax Legal Desc: See Legal Description Exhibit "A"
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Parking Information
Parking Total: 3 Attached, Garage Door Opener, RV Access/ParkingGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 3
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Utility Information
Electricity Connected, Propane -
Location Information
Direction: From Las Vegas: Take I-25 South. Exit and continue onto NM-283 W. Follow County Rd A17. Turn right onto Penny Ln. Proceed to 36 Penny Ln, Las Vegas, NM 87701. WaterSource: Private
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 325 Harris Road, Las Vegas, NM, 87701 | $310,000 | 3 | 2 | 2,114 | 2,114 SqFt |
| 188 Fr 2142, Las Vegas, NM, 87701 | $390,000 | 7 | 6 | 4,095 | 4,095 SqFt |
| 142 Frontage Rd 2142 Road, Las Vegas, NM, 87701 | $879,000 | 3 | 3 | 2,400 | 2,400 SqFt |
| 857 Airport Rd, Las Vegas, NM, 87701 | $920,000 | -- | -- | -- | |
| 845 Airport Rd, Las Vegas, NM, 87701 | $895,000 | 1 | 1 | 818 | 818 SqFt |
| 912 Railroad Avenue, Las Vegas, NM, 87701 | $264,900 | 3 | 2 | 1,095 | 1,095 SqFt |
| 2423 Calle Bonita, Las Vegas, NM, 87701 | $295,000 | 4 | 2 | 1,539 | 1,539 SqFt |
| 1015 Third Street, Las Vegas, NM, 87701 | $349,000 | 3 | 2 | 2,206 | 2,206 SqFt |
| 2422 Cholla Street, Las Vegas, NM, 87701 | $99,000 | 3 | 1 | 1,200 | 1,200 SqFt |
| 924 Seventh Street, Las Vegas, NM, 87701 | $400,000 | 6 | 3 | 2,600 | 2,600 SqFt |
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Nearby For Sale
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.
ByOwner last updated this listing 08/17/2026 @ 02:52
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