36
Penny Lane
Las Vegas | New Mexico
An Apartment
Without Equal
View Photos
Watch Film
360° VTour
Open House
Menu
Katherine Blagden
Presented At
$1,100,000
Bedrooms
6
Bathrooms
5
Living
6,121
SQFT
36
Penny Lane
Las Vegas | New Mexico
36 Penny Lane, Las Vegas, NM 87701, Las Vegas, New Mexico, United States. , Las Vegas , New Mexico
36 Penny Lane
Tara Ranch is a magical spot of profound quiet and serenity on a mostly flat, fully fenced, 42 acres. From the ranch gate, you drive on a ¼ mile long beautiful private driveway to the house and barn. The main house is a very substantial, well-built 4,500 sq ft home with 12' ceilings, diamond finish plaster walls, arches, large beams throughout and oversized living spaces and rooms to give a very spacious, gracious feel. The state of the art 6 stall “Barn Pros Equestrian Facilities” barn, features a full 1,600 sq ft apartment above it for caretaker or guests. The absolutely gorgeous views of Hermit’s Peak and the adjacent mountaintops offer complete privacy, as the property is surrounded on three sides by a 2,500-acre private ranch. For horse lovers, the 42 acres of great fescue grass are superb for riding, or training, on mostly flat land peppered by trees. The 45X60 ft horse pen is a great addition. The area of Hermit Peak and Johnson Mesa has a huge network of horse and offload trails, all extremely accessible by very well-maintained roads. Located just past the little pueblo of San Geronimo, Tara Ranch is an easy hour from Santa Fe and about half an hour from Las Vegas, NM. Built in 2008, this home is designed on one level with radiant floor heat enjoying nice open main living areas with living, dining and kitchen spaces all relishing the magnificent views. There is easy access to the covered portal for outdoor dining, grilling and enjoying the spectacular vistas. The backyard is fully fenced with decorative pole fencing. A heated 3+ car garage, with direct access to the inside of the home, is a wonderful bonus. The chef’s kitchen; with two ovens, large gas cook top with griddle, two sinks, wild stone granite counters, stainless appliances, huge pantry and plenty of cabinets, is a joy to cook in! The home has a great layout with the master bedroom, media/office and one guest bedroom on the west wing and the other two bedrooms, sharing a Jack and Jill full bath on the east wing. The master bedroom has access to a private covered portal with a 220 hook up should one like a hot tub, and the en
- suite his and hers bath has a fabulous Jacuzzi tub in which to soak and look at the mountains, as well as large walk
Gallery
Local Weather & Climate
Las Vegas, New Mexico
Current Conditions
Updated recently
28
°F
Clear sky
Feels Like
21°F
Humidity
67%
Wind
6 mph
Visibility
6.2 mi
Sunrise
2:06 PM
Sunset
12:21 AM
5-Day Forecast
Mon
26
Jan
Clear
High
38°
Low
13°
Tue
27
Jan
Clouds
High
46°
Low
21°
Wed
28
Jan
Clouds
High
53°
Low
26°
Thu
29
Jan
Clouds
High
45°
Low
33°
Fri
30
Jan
Clouds
High
49°
Low
29°
Data from OpenWeatherMap
Walkability & Transit Scores
How easy is it to get around Las Vegas?
Walkability and transit scores for this address come from the EPA National Walkability Index.
Mortgage Calculator
Estimate your monthly payments for this property
$
%
$100,000
%
Estimated Monthly Payment
$3,160
Monthly Payment Breakdown
Principal & Interest
$2,528
Loan Amount
$400,000
Total Interest
$337,621
Total Cost
$737,621
Potential Tax Benefits (United States)
$0
Est. First Year Interest Deduction
$0
Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.
Ready to explore financing?
Connect with trusted mortgage partners
Important Information
- This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
- Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
- Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
- This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
- Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
- Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.
Tax Information Disclaimer
The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:
- Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
- May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
- Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
- Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.
Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.
Frequently Asked Questions
Common questions about this property
This other at 36 Penny Lane, Las Vegas, NM 87701, Las Vegas, New Mexico, United States features 6 bedrooms with 6,121 square feet of living space.
This property offers 6,121 square feet of living space.
This property is listed at $110,000,000, which equals $17971 per square foot.
This is a other located in Las Vegas, New Mexico. The property is situated in an established neighborhood with convenient access to local amenities and services.
Brokerage:
Katherine Blagden
Sotheby's International Realty - Santa Fe - Main Downtown Brokerage
Schedule a Tour
Get in touch with our listing agents
More Listings
Explore more properties
For Sale
$1,200,000
2 bd
2 ba
1,851 sqft
637 E Alameda St. , Santa Fe, NM 87501, Santa Fe, New Mexico, United States.
Santa Fe, New Mexico
For Sale
$1,650,000
3 bd
4 ba
2,015 sqft
830 El Caminito , Santa Fe, NM 87505, Santa Fe, New Mexico, United States.
Santa Fe, New Mexico
For Sale
$1,475,000
4 bd
4 ba
3,011 sqft
115 Blue Deer Ranch Road, B-109, Buena Vista, NM 87712, Buena Vista, New Mexico, United States.
Buena Vista, New Mexico
For Sale
$1,988,000
4 bd
3 ba
4,118 sqft
413 Los Arboles Drive, Santa Fe, NM 87501, Santa Fe, New Mexico, United States.
Santa Fe, New Mexico
For Sale
$998,000
3 bd
3 ba
1,580 sqft
868 E Alameda Street, Santa Fe, NM 87501, Santa Fe, New Mexico, United States.
Santa Fe, New Mexico
For Sale
$1,100,000
6 bd
5 ba
6,121 sqft
36 Penny Lane, Las Vegas, NM 87701, Las Vegas, New Mexico, United States.
Las Vegas, New Mexico
Official Real Estate Games
Have fun discovering more properties while playing our real estate games — win prizes for ranking high!
Loading listings...