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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.
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.
Key Features
- Built in 2006
- 20.00 acre lot
- 10 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$4,803/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
36 Penny Lane
Las Vegas, NM 87701
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
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.



