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36 Penny Lane

Las Vegas, NM 87701
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Acres42

Acres(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 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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Detail Ic Property Details

Property Type : Farm

Price : $1,118,000

AD Id : 88159242

MLS Id : 20264138

Lot Size : 42 Acres(Lot)

County : San Miguel

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Feature Features

  • Lot Information

    Main Square Feet: 42 Acres Lot Size Acres: 42 Lot Size Square Feet: 1829520 Lot Description: Level, Sloped, Irregular Lot

  • Listing Price Information

    Listing Price: $1118000 Cash, Conventional, FHA, VA Loan, USDA Loan

  • Tax Information

    Parcel Number: R0658182 Tax Year: 2025 Annual Tax: $3722.12 Tax Legal Desc: See Legal Description Exhibit "A"

  • Parking Information

    Carport

  • Utility Information

    Propane, Phone Connected
  • 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: Well
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Nearby Home Value

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TBD Mills Avenue, Las Vegas, NM, 87701 $220,000 -- -- -- 1 Acre(Lot)
Parcel D Tract D, Las Vegas, NM, 87701 $150,000 -- -- -- 5.01 Acres(Lot)
540 C 24, Las Vegas, NM, 87701 $180,000 -- -- -- 30.68 Acres(Lot)
3250 North Grand Ave, Las Vegas, NM, 87701 $1,450,000 -- -- -- 10.23 Acres(Lot)
412 S Grand Avenue, Las Vegas, NM, 87701 $500,000 -- -- -- 2.33 Acres(Lot)
412 S Grand Avenue, Las Vegas, NM, 87701 $500,000 -- -- -- 2.50 Acres(Lot)
64 Storrie Road, Las Vegas, NM, 87701 $24,900 -- -- -- 0.12 Acre(Lot)
20 Nm 518 Highway, Las Vegas, NM, 87701 $475,000 -- -- -- 5 Acres(Lot)
1232 8th Corner, Las Vegas, NM, 87701 $130,000 -- -- -- 16,117.20 Sqft(Lot)
TRACT 7B Moondance Ranch, Las Vegas, NM, 87701 $80,000 -- -- -- 40 Acres(Lot)

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 07/20/2026 @ 18:56

MLS: 20264138 LISTED BY: Kurtis Quintana, Home & Land Professionals 505-718-9364 SOURCE: New Mexico MLS

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