Skip To Content

36 Penny Lane

Las Vegas, NM 87701
  • $898,000
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 20261820
UPDATED: 75 min ago
$898,000
  • 6
    BEDS
  • 20
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 3,446
    SQFT
  • $261
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2006
County:
Area:

School Ratings & Info

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 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.

Monthly Payment Calculator

© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-06-13T13:15:01.723.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.rivasrealestatenm.com/homes/174582976
Print Image

36 Penny Lane Las Vegas, NM 87701

  • Price: $898,000
  • Status: Active
  • On Site: 74 Days
  • Updated: 75 min ago
  • MLS #: 20261820
6
Beds
4
Baths
1
½ Baths
20
Acres
3,446
SQFT
$261
$/SQFT
2006
Built
Neighborhood:
Las Vegas
County:
San Miguel
Area:
Las Vegas
Property 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 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.
Exterior Features

Architectural Style Northern New Mexico Attached Garage YN Yes Construction Materials FrameStucco Exterior Features Horses Allowed Foundation Details Slab Garage YN Yes Levels One Parking Features AttachedGarage Door OpenerRV Access/Parking Patio And Porch Features Patio Covered Roof MetalPropanel Window Features BlindsSkylight(s)

Interior Features

Appliances DishwasherMicrowaveRange HoodBuilt-In RangeFree-Standing RangeRefrigeratorOvenWasherWine Refrigerator Cooling YN No Fireplace Features Wood Burning StovePellet Stove Fireplace YN Yes Fireplaces Total 2 Flooring CarpetWoodConcrete Guest Quarters Square Footage 1765 Heating PropaneRadiantWood Stove Heating YN Yes Interior Features Ceiling Fan(s)PantryWalk-In Closet(s)Vaulted Ceiling(s)Fireplace Room Bathroom Features Double SinksSeparate Shower

Property Features

Association YN No Building Area Total 3446 Carport YN No Covered Spaces 3 Fencing WireFenced New Construction YN No Other Structures Barn(s)Corral(s)Guest HouseShed(s) Public Improvement Dist No Sale Rent For Sale Sewer Septic Tank Spa Features Bath Spa YN Yes Tax Annual Amount 3722.12 Utilities Electricity ConnectedPropane Water Source Private

Listing courtesy of Home & Land Professionals: 505-425-9074.
© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-06-13T13:15:01.723.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
https://bt-photos.global.ssl.fastly.net/newmexico/1280_boomver_1_20261820-2.jpg https://bt-photos.global.ssl.fastly.net/newmexico/1280_boomver_1_20261820-2.jpg https://bt-photos.global.ssl.fastly.net/newmexico/1280_boomver_1_20261820-2.jpg
Logo
Rivas Real Estate
3420 N. Grimes Ste 100
Hobbs NM, 88240