Exceptional 5-Bedroom Home with Vacation and Rental Potential and Artistic Flair near Taos, NM. Discover the incredible investment potential of this unique 5-bedroom, 3-bathroom home in Penasco, just a short drive from Taos. This versatile property has been thoughtfully split into two separate units, each with its own private entrance and yard space, making it ideal for rental opportunities or multi-generational living. Both spaces are beautifully stylized by the current owners, who are experts in carpentry and home design, creating a harmonious blend of functionality and aesthetic appeal. The two-story home is surrounded by a lush garden, lovingly planted by a former master gardener offering a succession of blooming perennials throughout the warm season. The grounds are filled with flourishing blackberries, fragrant Russian sage, and a stunning willow tree, offering a serene and picturesque setting. A renovated workshop with electricity provides ample space for creative projects or hobbies, and an attached commercial art gallery on the upper unit offers a unique venue for artists or entrepreneurs. Each unit provides an inviting retreat with private outdoor spaces, perfect for relaxation or entertaining. The property also features a hot tub, offering a luxurious way to unwind while enjoying the tranquility of the surroundings. Whether you're looking to generate rental income, enjoy a private studio or run an art gallery, or simply enjoy a peaceful lifestyle in a beautiful setting, this property offers endless opportunities. It's a rare chance to invest in a home that allows you to live, create, and flourish all in one place.
This really is a “must-see” property for anyone who is looking for privacy, tranquility, and peace of mind in an amazingly lush and multi-faceted setting, all within a reasonable hour commute to Santa Fe’s plaza, 45 minutes up to the town of Taos, just 20 minutes to rafting in Rinconada, 20 minutes to skiing in Sipapu, and 15 minutes to wineries in Dixon. Accessed via a county-maintained road and situated at ~7,500 feet in elevation in a pastoral setting, this traditional-style northern New Mexico property offers an amazing array of outdoor attributes that perfectly complement its home’s custom characteristics. The fully-fenced grounds (a great benefit for dog owners!) are directly adjacent to Picuris Pueblo lands located to the south and offer a mature cedar tree grove, a small apple tree orchard (you can feed the apples to the lovely horses that live across the road that will be your new neighbors), two acequia ditches (Rio Lucio Southside Ditch Association), numerous lush grasses, a chicken coop, outbuildings, and amazing views up and down the Santa Barbara River valley as well as up to Picuris Peak to the north. The home itself will take you back in time. Given its old-age feel and plentiful custom characteristics, you will know very much that you are in Northern New Mexico. Constructed of adobe block (the home was re-stuccoed approximately seven years ago) and wood frame (second floor) with a pitched pro-panel metal roof, this home has stood the test of time and its strength shows. Incorporated into its design are numerous patios and covered portals offering breathtaking views, custom-made wood doors and thresholds, varied floor surfaces including wood, tile and carpet, Thermopane windows throughout, tin-accented kitchen cabinets and ceilings showcasing gorgeous reclaimed vigas and beams. On the ground floor the home offers a formal entry into the living room which features a very large wood-burning kiva fireplace, as well as a proper dining room (with lovely double doors out to a north side patio) and large kitchen and walk-in pantry and laundry room. There are also two bedrooms and a bathroom on the ground floor along with a small office area. The second floor provides for a large bedroom with en-suite bathroom and a 50’ x 9’ covered porch area that looks directly north to the mountains. For those that need great internet coverage, the home benefits from Kit Carson fiber. Lastly, on the home’s west-side, there is plenty of room for a RV with 30-amp electrical service hook-up and septic nearby.
Nestled in a grove of ponderosa pine and embraced by the fresh mountain air of the Sangre de Cristo Mountain range, this property offers more than a view, it offers a way of life. The private road leads you to a unique home, resting perfectly in-tune with its environment. This home is located on the southern end of the Rocky Mountains, just 30 miles south of historic Taos, NM. It neighbors the Carson National Forest & Pecos Wilderness. It stands amongst a restored ponderosa pine forest. Two natural earth-fed springs. Numerous ponds created specifically to provide water to wildlife & for erosion control. This spacious ranch provides twenty +- acres of flood irrigated pasture from two acequias & 14+- acres of dry pasture. Registered with New Mexico Fish & Game for landowner elk tags in Unit 45 and is located within 60 to 70 miles of 5 ski resorts, namely Sipapu, Taos Ski Valley, Angel Fire, Red River and Ski Santa Fe. This log cabin lodge is newly built! It boasts a 27-foot cathedral ceiling,3 bedrooms, 2 bathrooms, hot tub, wood burning stove, and a 4-car garage/workshop with a bonus room upstairs, within its approximate 3500+- square feet, with an additional 1,200+- square feet of flawless decks - perfect for small intimate dinners or larger sophisticated gatherings. The 12-inch logs and floor plans that foundationally support this home were purchased from Montana Custom Log Homes Inc, the acclaimed creators and designers of custom-built, versatile, and handcrafted homes for generations. A view of hundreds of square miles of northern New Mexico valleys & mountains are out the west facing windows. Sunsets are glorious! Underground utilities, highspeed fiberoptic internet, cisterns for water catchment, 25 x 25 carport and so much more. Property excellent for that unique family get a way, secondary or primary home compound, or corporate retreat, the use is endless. A truly special and unique property awaits you! Don’t miss out! Schedule your viewing today.
The median home value in Penasco, NM is $198,600. This is lower than the county median home value of $378,800. The national median home value is $338,100. The average price of homes sold in Penasco, NM is $198,600. Approximately 58.64% of Penasco homes are owned, compared to 14.97% rented, while 26.39% are vacant. Penasco real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Penasco real estate agent to arrange a tour today!
Penasco, New Mexico has a population of 1,357. Penasco is less family-centric than the surrounding county with 10.71% of the households containing married families with children. The county average for households married with children is 14.47%.
The median household income in Penasco, New Mexico is $35,313. The median household income for the surrounding county is $49,481 compared to the national median of $69,021. The median age of people living in Penasco is 42.2 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 17.3 inches per year, with 53.8 inches of snow per year.