36 Penny Lane, Las Vegas, NM 87701 (MLS# 1102079)

36 Penny Lane, Las Vegas, NM 87701

New Listing

$898,000

Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 3,446 Lot Size (sq. ft.): 871,200 Status: Active

Current Price: $898,000 List Date: 4/17/2026 Last Modified: 4/21/2026

Overview

Description

Tara Ranch is a private Northern New Mexico ranch on 20 fully fenced, mostly flat acres with exceptional equestrian improvements. A gated entrance and 1/4-mile driveway lead to a 3,400+ sq ft, one-level home (2006) with 12' ceilings, diamond-finish walls, arches, and beams. Open living/dining/kitchen capture big views and open to a covered portal. Chef's kitchen: 2 ovens, gas cooktop w/ griddle, 2 sinks, granite, stainless appliances, pantry, ample cabinetry. West wing: primary suite, office/media, guest bed. East wing: 2 beds + Jack-and-Jill bath. Radiant heat, heated 3+ car garage, private well; boiler 2024, water heater 2022. New 2025 Barn Pros 6-stall barn with tack, workshop, hay, wash, 45x60 corral, RV cover, and 1,600 sq ft apartment. Surrounded by a 2,500-acre private ranch.

Listing Details MLS# 1102079

Contract Information

List Price/SqFt: 260.59

Location

Street #: 36
Street Name: Penny
St Suffix: Lane
County: San Miguel
City/Town Code: Las Vegas
State/Province: NM
Zip Code: 87701
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.
MLS Area Major: 600 - San Miguel
Zone Atlas: NOZA

General Property Description

Property Sub-Type: Detached
Offsite Built: Yes
UPC Unitized: No
Fireplace: Yes
# of Fireplaces: 2
Stories: Yes
Faces: South
Builder: Unknown
Living Area: 3446
Living Area Source: Professional
Lot Size Acres: 20
Lot Size Square Feet: 871200
Lot Size Source: Survey
Flood Zone: No Flood Map
Disability Access: Yes
PBR on Main: Yes
Bedrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: Yes
Total Bathrooms: 6
Primary Bath Desc: Full Bath
Private Pool: No
Year Built: 2006
LBP Disclosure: No
Garage Spaces: 3
Basement: No
Accessory Dwelling Unit: Yes
Loft: No

Rooms

Kitchen Level: Main
Kitchen Length: 18
Kitchen Width: 18.2
Living Room Level: Main
Living Room Length: 197
Living Room Width: 272
Primary Bedroom Level: Main
Primary Bedroom Length: 151
Primary Bedroom Width: 2111
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Sunroom

Sunroom: No

Accessory Dwelling Unit Information

ADU SqFt: 1600
ADU Bedrooms: 2
ADU Bedrooms Included YN: Yes
ADU Bathrooms: Yes
ADU Bathrooms Included YN: Yes

More Information

Green

Green: No
HERS: No

Miscellaneous

Guard House/Service: No
Hist Prop/Lndmk: No
Rented: No
Land Lease: No

Association Details

Association: No

Cooling

Centrally Ducted: No
None: Yes

Sales Info

Seller Assist Ofrd: No
Trade/Xch Considered: No

Tax & Legal Info

UPC Code: R0658182
PID: No
Short Legal Desc: See documents
GRT Code: 12-012
Tax Exemption: No
Tax Annual Amount: 3722.12

Construction Materials

Frame: Yes
Stucco: Yes

Exterior Features

Balcony: Yes
Deck: Yes
Gated: Yes
Outdoor Grill: Yes
Patio Covered: Yes
Patio Open: Yes
RV Access/Parking: Yes
RV Hookup: Yes

Flooring

Concrete: Yes

Heating

Radiant: Yes

Laundry Features

Utility Closet: Yes

Build Description

Resale: Yes

Utilities

Electricity Connected: Yes
Propane Leased: Yes

Possession

Day of Funding: Yes

Green Energy Generation

None: Yes

Guest House

ADU Finished YN: Yes
ADU Heating YN: Partial
ADU SqFt Included YN: Yes

Electric Provider

Public Utility: Yes

Laundry Power

Electric: Yes

Wastewater

Septic Tank: Yes

Water Source

Private Well: Yes

Roof

Metal: Yes

Finance Considered

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Windows

Metal: Yes

Zoning

R-1: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Rooms: Kitchen; Living Room; Primary Bedroom Laundry Features: Utility Closet Laundry Power: Electric Roof: Metal Exterior Features: Balcony; Deck; Gated; Outdoor Grill; Patio Covered; Patio Open; RV Access/Parking; RV Hookup Utilities: Electricity Connected; Propane Leased Heating: Radiant Cooling: None Wastewater: Septic Tank Water Source: Private Well Flooring: Concrete Windows: Metal Green Energy Generation: None Electric Provider: Public Utility Finance Considered: Cash; Conventional; FHA; VA Possession: Day of Funding Zoning: R-1

Room Information

Room Name	Length	Width	Level
Living Room	197.00	272.00	Main
Kitchen	18.00	18.20	Main
Primary Bedroom	151.00	2111.00	Main

Documents

Plat/Map Survey ›

Legal Description ›

Tax Levy Disclosure ›

Main Home Floorplan ›

Partment Floorplan ›

Listing Office: Home & Land Professionals

Last Updated: April - 21 - 2026

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