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6 Beds
6 Baths
6,121 sqft

$995,000

36 Penny Lane, Las Vegas NM, 87701

Price per sqft$162.56
Built in2008
Property size6,121 sqft
Property typeResidential

Overview

Active

Listed Oct 8, 2026

Updated 3 days ago

Welcome to Tara Ranch, an exceptional 42-acre Northern New Mexico retreat offering privacy, sweeping mountain views, equestrian amenities and remarkable versatility just beyond San Geronimo. Fully fenced and surrounded on three sides by a 2,500-acre private ranch, the property enjoys spectacular views of Hermit’s Peak and surrounding mountains, with mature trees and open spaces ideal for horses, grazing and recreation. A gated entrance and picturesque quarter-mile private drive lead to the substantial single-level residence, built in 2008. Soaring 12' ceilings, diamond-finish plaster walls, substantial wood beams and graceful arches create classic Southwestern character, while generous living, dining and kitchen spaces open to a covered portal for outdoor dining and enjoying the views. The chef’s kitchen features two ovens, a gas cooktop with griddle, dual sinks, granite counters, stainless appliances and large pantry. Five bedrooms and 3.5 baths include a spacious primary suite with private portal, walk-in closet and bath with soaking tub, walk-in shower and dual vanities. Radiant-floor heat, a heated 3+ car garage, private well and water softener add comfort and practicality. The impressive Barn Pros equestrian facility offers six stalls, tack/workshop space, hay storage, horse wash area, covered RV storage and a 45'x60' corral. Above the barn, an approx. 1,593 sq. ft. 2-bedroom, 1-bath barndominium offers a kitchen, expansive living/dining area, high ceilings, wood-burning stove and front and rear porches. Two storage sheds and mostly level acreage add flexibility, with room for additional structures or casitas, subject to approvals. A rare combination of privacy, usable land, flexible living spaces and spectacular Northern New Mexico scenery.

$6,620/mo

Est. mortgage payment based on a $995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202604344

Interior Features

Bedrooms
6
Bathrooms
6
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
42 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Ryan D. Ferguson with Sotheby's Int. RE/Washington
Listing Contact: (505) 570-2028 

The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 10/13/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Santa Fe Association of REALTORS® all rights reserved.

Data last updated on 10/13/2026 at 4:22 AM UTC

 

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