Penasco NM Homes for Sale
$575,000
14197 Highway 75 Penasco, NM 87553
- Type:
- Single Family
- Sq.Ft.:
- 3,401
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.46 Acres
- Year built:
- 1975
- Baths:
- 3.00
- MLS#:
- 112376
ADDITIONAL INFORMATION
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.
$495,000
42 Roybal Road Penasco, NM 87553
- Type:
- Single Family
- Sq.Ft.:
- 1,947
- Status:
- Active
- Beds:
- 3
- Lot size:
- 1.03 Acres
- Baths:
- 2.00
- MLS#:
- 112286
ADDITIONAL INFORMATION
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.
$160,000
1206 NM - 75 Rio Lucio, NM 87553
- Type:
- Single Family
- Sq.Ft.:
- 859
- Status:
- Active
- Beds:
- 1
- Lot size:
- 1.11 Acres
- Year built:
- 1937
- Baths:
- 1.00
- MLS#:
- 202403308
ADDITIONAL INFORMATION
Looking for a small, mostly adobe home to make yours. This house has so much potential. It has running community water, electricity, new septic, new survey, and propane. One could live in it as they remodel. The home sits on a small hill and is surrounded by so many beautiful views and overlooks the valley where the Rio Santa Barbara runs through and one can hear the water running down the river. Nearby, the Rio Santa Barbara flows into the Rio Pueblo and heads west. The home also comes with 1.11 acres of land with irrigation water rights. It has everything one would want to live in the country and be self-sustaining. Set up a small corral for sheep, maybe goats, and set up the chicken coop. Now it is time to enjoy the good life, clean mountain air, amazing views, beautiful starlit skies, and the sound of water running down the river or in one’s own Acequia that meanders behind the home. The area has many great fishing streams, and the forest is close by for mountain climbing, fishing, and biking.
Penasco Real Estate
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 87553 has a population of 1,357. Penasco 87553 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 87553 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 87553 is 42.2 years.
Penasco Weather
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.