36 Penny Lane Las Vegas, NM $ 898,000
36 Penny Lane
$ 898,000
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36 Penny Lane

Las Vegas, NM, 87701
$ 898,000
Bedrooms6 Baths4.1 Sq 3,446

Monthly Estimate*

$ 5,529

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Single Family Home for sale in Las Vegas, NM

for $898,000 with 6 bedrooms and 4 full baths, 1 half bath. This 3,446 square foot home was built in 2006 on a lot size of 20.

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.

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Single Family Active

Price

$ 898,000

Bedrooms

6

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 3,722

Style

Lot Size

20

Year Built

2006

Town/City

Las Vegas

County/Region

San Miguel

MLS | Web ID

202601277

Features
General
Sewer Septic Tank
Heating Baseboard Electric Propane Pellet Stove Radiant Floor Wood Stove
Cooling None Other See Remarks
Utilities High Speed Internet Available Other Electricity Available
Possession Closing & Funding
Roof Metal
Appliances Dryer Dishwasher Gas Cooktop Disposal Gas Water Heater Microwave Oven Range Refrigerator Water Softener Water Purifier Washer
Garage Spaces 3
Architectural Style Northern New Mexico One Story
Construction Materials Frame Stucco
Year Built 2006
Electric Underground
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Not ADA Compliant
County San Miguel
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Other Structures Barn(s) Guest House Detached Stable(s)
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions 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.
High School West Las Vegas High
City Las Vegas
Lot Size Units Acres
Lot Size Square Feet 871200
Carport Y/N true
Listing Terms Cash Conventional
Elementary School Las Vegas
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 3722.12
Middle/Junior High School West Las Vegas
MLS Area Minor 28-San Miguel Cnty
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Year Built Source Owner
Property Sub Type Additional Detached Single Family Residence
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Interior
Interior Amenities Beamed Ceilings No Interior Steps
Flooring Carpet Concrete Tile Wood
Total Fireplaces 2
Fireplace Features Pellet Stove Wood Burning Stove
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Window Features Insulated Windows
Fireplace Y/N true
Half Baths 1
3/4 Baths 0
Total Bedrooms 6
Total Baths 5
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Exterior
Exterior Amenities Horse Facilities
Parking Features Attached Carport Direct Access Garage Heated Garage RV Access/Parking
Water Source Private Well
Total Parking 10
Lot Size Area 20
Building Area Total 5211
Lot Size Acres 20
Lot Size Source Survey
Waterfront Y/N false
Horse Y/N true
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* Excluded Features
List By
Kurtis Quintana

Listing Agent

Home & Land Professionals Llc

Broker

kurtisquintana@gmail.com

Email

Affordability Calculator

$5,839
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,529
Monthly Property Taxes
$310
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
West Las Vegas High High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2026$898,000 Listed Price

Map


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36 Penny Lane, Las Vegas, NM, 87701 is a Single Family Home for sale at $898,000 with 3,446 sqft and a lot size of 20. 36 Penny Lane has 6 bedrooms, 4.1 baths, and was built in 2006. The property's zip code is 87701 which is in Las Vegas, NM