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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 ($261 per sqft). the home offers 3,446 sqft of living space on a 20.00 acres lot.

Agent Description

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 chefs 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 Hermits 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

  • 20.00 acre lot
  • 3 parking spaces
  • Fireplace

Property Details

1 story
4 full, 1 half
3 spaces

Amenities

FireplaceSpaRV Parking

Monthly Cost Estimate

$4,803/mo

20% down · 6.5% · 30 years

Principal$649
Interest$3,891
Insurance$262

Estimates only. Actual payments may vary.

Location

36 Penny Lane

Las Vegas, NM 87701

Features & Amenities

Interior Features

Ceiling Fan(s)PantryWalk-In Closet(s)Vaulted Ceiling(s)Fireplace

Exterior Features

Horses Allowed

Property Details

Flooring

WoodCarpetConcrete

Construction

Frame Stucco

Pool Features

Patio

Parking

OpenRV

Heating

WoodRadiantPropane (Heating)Wood Stove

Appliances

DishwasherMicrowaveRange HoodBuilt-In RangeFree-Standing RangeRefrigeratorOvenWasherWine Refrigerator

Questions & Answers

This 6-bedroom, 5-bathroom single family at 36 Penny Lane is listed at $898,000 ($261/sqft). The estimated monthly payment is $3,891 based on 20% down at 6.5% interest.

Key features include: 20.00 acre lot, 3 parking spaces, Fireplace. Interior Features: Ceiling Fan(s), Pantry, Walk-In Closet(s). Exterior Features: Horses Allowed.

This property is listed by Kurtis Quintana and can be reached at 5057189364 or kurtisquintana@gmail.com.

KQ

Kurtis Quintana

Agent at Home & Land Professionals

(505) 718-9364

Listed by Home & Land Professionals · View on Broker Site

MLS# 20261820· Source: listhub· Updated 63 days ago

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

36 Penny Lane, Las Vegas, NM 87701

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