Primary on Main
Address
36 Penny Lane, Las Vegas, NM
Price
$ 898,000
Property Attributes
  • MLS#1102079
  • TypeSingle Family
  • Listing Status Active
  • CountySan Miguel
  • CityLas Vegas
  • AreaSan Miguel
  • Zip87701
  • Style
  • Year Built2006
  • Taxes$ 3722
  • Price$ 898,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage3446
  • Lot Size20 Acres
Data Source:
Southwest MLS (SWMLS)
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

Price History
4/21/2026 Listed $898,000

General Features

Sewer Septic Tank
Heating Radiant
Cooling None
Utilities Electricity Connected,Propane
Possession Closing & Funding
Roof Metal
Zoning Out of MLS Area
Garage Spaces 3
Patio/Porch Features Balcony,Covered,Deck,Open,Patio
Security Features Security Gate
Construction Materials Frame,Stucco
Year Built 2006
Stories Count 1
Levels One
Property Subtype Detached
Accessibility Wheelchair Access
County San Miguel
New Construction false
Property Type Residential
Facing Direction South
Garage Y/N true
Green Energy Generation None
Full Baths 4
Status Active
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.
ModificationTimestamp 2026-07-21T13:10:20.490-00:00
City Las Vegas
Disclosures RANM 2100 Disclosure
Zoning Description R-1
MLS Area 600 - San Miguel
Lot Size Square Feet 871200
Listing Terms Cash,Conventional,FHA,VA Loan
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 3722.12
Property Condition Resale
Builder Name Unknown
Standard Status Active
Property Sub Type Additional Detached
PostalCity Las Vegas

Interior Features

Interior Amenities Main Level Primary
Flooring Concrete
Total Fireplaces 2
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Window Features Metal
Fireplace Y/N true
Half Baths 1
Laundry Features Electric Dryer Hookup
Total Bedrooms 6
Total Baths 5

Exterior Features

Exterior Amenities Balcony,Deck,Outdoor Grill,RV Hookup,Propane Tank - Leased
Fencing Gate
Parking Features RV Access/Parking
Water Source Private,Well
Building Area Total 3446
Lot Size Acres 20
Private Pool false
Lot Size Source Survey
LotDimensionsSource Survey

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 87701

Price
AVG $480K
$900K
Taxes
AVG $2,225
$3,722
Year Built
AVG 1965
2006

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