# 14197 SR 75, Penasco, NM 87553 > **TL;DR:** 4bd/3ba single family, $465,000 ($137/sqft), built 1975, 3,400 sqft. > Fireplace. Est. $2,487/mo. Listed 255 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $465,000 | | Price/sqft | $137 | | Bedrooms | 4 | | Bathrooms | 3 full | | Square Feet | 3,400 | | Year Built | 1975 | | Lot Size | 20,038 sqft (0.46 acres) | | Stories | 2 | | Property Type | Single Family (Single Family Residence) | | Status | Active Under Contract | | Days on Market | 255 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,351 | | Estimated Insurance | $136 | | **Total** | **$2,487** | ## Key Amenities - Fireplace ## Property Highlights - Built in 1975 - 0.46 acre lot - 2 stories - Fireplace ## Description ### Agent Description Live, Work, & Earn at this Magical Restored Compound with Commercial Frontage in Penasco ~ Back on Market following Improvements... 14197 NM-150 isn't just a home; it's the investment of a lifetime; two distinct residences that can be connected as one, with a road front gallery space ready to go for immediate income. The location offers the idyllic New Mexico lifestyle and the property has immediate built in income generating potential. The upstairs welcomes you into a charming 2,000+ sqft haven, containing a spacious living room with gleaming oak wood floors, a light-filled open-concept kitchen, and an inviting dining area, kept comfortable by recently installed mini splits that provide the perfect temperature (heating & cooling) all throughout the year. Two wood burning wood stoves and a sunroom provides additional warmth and coziness on cold winter days. For the aspiring artist, craftsperson, shop owner and so forth, the attached studio at the front of the residence near the famous highway could easily become your commercial space or art gallery, generating even more income. The residence is being listed well below a recent appraised value of $530k as of June 18th, 2025. Downstairs is an immaculate and generously sized 1400 sq ft two-bedroom apartment. This connected or self-contained unit boasts an open-concept kitchen with authentic Saltillo floors, a highly functional kitchen with custom cabinetry, and an open living room kept cozy by the stone fireplace. Each unit has its own private washer & dryer. With its proven track record as a highly-rated Airbnb and being offered fully furnished, the short-term or long-term rental possibilities are truly remarkable. The property even features a hot tub among poppies blooming in the springtime. The traditional root cellar for storing all your canned goods is a special feature of the property, as is the fully powered and highly functional detached workshop ready to go for a number of hobbies, extra storage, or yet another income stream. There is an established animal pen with a chicken coop out front and succession of perennials blooming throughout the warm season in the gardens. Nestled in the charming village of Penasco, you're steps away from local favorites like Sugar Nymphs restaurant and the Penasco Performing Arts Theater. Outdoor adventures abound with Sipapu Ski Resort, Santa Barbara Campground, Dixon Cooperative Market, and renowned wineries like Chiripada and Vivac all nearby. This is truly a must-see opportunity to own a versatile, income-generating property in the heart of Northern New Mexico. Don't let this one slip through the cracks! ## Location - **Address:** 14197 SR 75, Penasco, NM 87553 - **County:** Taos - **Coordinates:** 36.174851, -105.691597 - **Google Maps:** https://www.google.com/maps?q=36.174851,-105.691597 ## Virtual Tour & Media - **Video Tour:** https://youtube.com/shorts/v-tgqmXuUb8?feature=share ## Listing Agent - **Name:** Ryan Trujillo · **License:** 53012 - **Brokerage:** Berkshire Hathaway HomeServices Taos Real Estate - **Broker Phone:** (575) 758-1924 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/14197-SR-75_Penasco_NM_87553_M96328-82486?f=listhub&s=TAOSMLSNM&m=114585&c=propsimple) ## Photos ![14197 SR 75 - Photo 1](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f962015021r.jpg) ![14197 SR 75 - Photo 2](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2135446757r.jpg) ![14197 SR 75 - Photo 3](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f1684259952r.jpg) ![14197 SR 75 - Photo 4](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f319060882r.jpg) ![14197 SR 75 - Photo 5](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3831741892r.jpg) ![14197 SR 75 - Photo 6](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f4200880264r.jpg) ![14197 SR 75 - Photo 7](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f1041240210r.jpg) ![14197 SR 75 - Photo 8](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3905932651r.jpg) ![14197 SR 75 - Photo 9](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f12541237r.jpg) ![14197 SR 75 - Photo 10](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f1082132564r.jpg) ![14197 SR 75 - Photo 11](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f1653534419r.jpg) ![14197 SR 75 - Photo 12](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f799235898r.jpg) ![14197 SR 75 - Photo 13](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3174306479r.jpg) ![14197 SR 75 - Photo 14](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f4200173874r.jpg) ![14197 SR 75 - Photo 15](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3763189893r.jpg) ![14197 SR 75 - Photo 16](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2997116460r.jpg) ![14197 SR 75 - Photo 17](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f897574941r.jpg) ![14197 SR 75 - Photo 18](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2341398204r.jpg) ![14197 SR 75 - Photo 19](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3220006877r.jpg) ![14197 SR 75 - Photo 20](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3034125431r.jpg) ![14197 SR 75 - Photo 21](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f489338164r.jpg) ![14197 SR 75 - Photo 22](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2971075737r.jpg) ![14197 SR 75 - Photo 23](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f1691424103r.jpg) ![14197 SR 75 - Photo 24](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f1536743986r.jpg) ![14197 SR 75 - Photo 25](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2115670711r.jpg) ![14197 SR 75 - Photo 26](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2046003708r.jpg) ![14197 SR 75 - Photo 27](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2705368082r.jpg) ![14197 SR 75 - Photo 28](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2141438608r.jpg) ![14197 SR 75 - Photo 29](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f421521302r.jpg) ![14197 SR 75 - Photo 30](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f1688668996r.jpg) ![14197 SR 75 - Photo 31](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f1214644537r.jpg) ![14197 SR 75 - Photo 32](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3442695359r.jpg) ![14197 SR 75 - Photo 33](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3324581891r.jpg) ![14197 SR 75 - Photo 34](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2792694763r.jpg) ![14197 SR 75 - Photo 35](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f818394436r.jpg) ![14197 SR 75 - Photo 36](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3697566226r.jpg) ![14197 SR 75 - Photo 37](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f2551544106r.jpg) ![14197 SR 75 - Photo 38](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f3625950314r.jpg) ![14197 SR 75 - Photo 39](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f1013770415r.jpg) ![14197 SR 75 - Photo 40](http://lh.rdcpix.com/d63e16bbe1b62a869ef6e2d38f7e467cl-f4016339322r.jpg) --- **MLS#:** 114585 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/14197-sr-75-penasco-nm-87553-608f4d09dee54e6ea4e6617e56e49132) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/14197-sr-75-penasco-nm-87553-608f4d09dee54e6ea4e6617e56e49132#listing", "url": "https://www.propertysimple.ai/listing/14197-sr-75-penasco-nm-87553-608f4d09dee54e6ea4e6617e56e49132", "name": "14197 SR 75, Penasco, NM 87553", "description": "Live, Work, & Earn at this Magical Restored Compound with Commercial Frontage in Penasco ~ Back on Market following Improvements... 14197 NM-150 isn't just a home; it's the investment of a lifetime; two distinct residences that can be connected as one, with a road front gallery space ready to go for immediate income. The location offers the idyllic New Mexico lifestyle and the property has immediate built in income generating potential. The upstairs welcomes you into a charming 2,000+ sqft haven, containing a spacious living room with gleaming oak wood floors, a light-filled open-concept kitchen, and an inviting dining area, kept comfortable by recently installed mini splits that provide the perfect temperature (heating & cooling) all throughout the year. Two wood burning wood stoves and a sunroom provides additional warmth and coziness on cold winter days. For the aspiring artist, craftsperson, shop owner and so forth, the attached studio at the front of the residence near the famous highway could easily become your commercial space or art gallery, generating even more income. The residence is being listed well below a recent appraised value of $530k as of June 18th, 2025. Downstairs is an immaculate and generously sized 1400 sq ft two-bedroom apartment. This connected or self-contained unit boasts an open-concept kitchen with authentic Saltillo floors, a highly functional kitchen with custom cabinetry, and an open living room kept cozy by the stone fireplace. Each unit has its own private washer & dryer. With its proven track record as a highly-rated Airbnb and being offered fully furnished, the short-term or long-term rental possibilities are truly remarkable. The property even features a hot tub among poppies blooming in the springtime. The traditional root cellar for storing all your canned goods is a special feature of the property, as is the fully powered and highly functional detached workshop ready to go for a number of hobbies, extra storage, or yet another income stream. There is an established animal pen with a chicken coop out front and succession of perennials blooming throughout the warm season in the gardens. Nestled in the charming village of Penasco, you're steps away from local favorites like Sugar Nymphs restaurant and the Penasco Performing Arts Theater. Outdoor adventures abound with Sipapu Ski Resort, Santa Barbara Campground, Dixon Cooperative Market, and renowned wineries like Chiripada and Vivac all nearby. This is truly a must-see opportunity to own a versatile, income-generating property in the heart of Northern New Mexico. 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