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    176 Maestas Rd Ranchos de Taos, NM 87557

    For Sale
    $996,000

    MULTI_FAMILY - Other - Ranchos de Taos, NM

    Property size:
    2,630 SF
    Lot size:
    1.89 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 176 Maestas Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Rural Residential
    APN
    1074145145284
    Interior features
    InteriorSteps
    Fireplace
    1
    Appliances
    Dryer, Dishwasher, GasCooktop, Disposal, Oven, Range, Washer
    Size
    2,630 SF
    Lot size
    1.89 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Fireplace(s), Wood, Wood Stove
    Water source
    Private, Public, Well

    Building Details

    Year built
    1996
    Floors in Building
    2
    Number of units
    4
    Building materials
    Adobe, Frame, Stucco
    Architectural style
    Other

    Barker Realty LLC (505) 982-9836 [email protected]

    Listing agent Jody Lusk (505) 660-3610 License #48397

    Listing date Aug 5, 2025

    MLS# 202503312 Listing URL

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Taos Investment Opportunity with Income

    Located in Ranchos de Taos, just outside town limits, this property offers a combination of serene living and rental income. Situated in a peaceful neighborhood, it is 4 miles from Taos Plaza, a half-mile from Holy Cross Hospital, and close to the Weimer Foothills trails. The property includes four units. The owner-occupied main home features an open living, dining, and kitchen area with clerestory windows and a loft. A kiva fireplace, crafted by Carmen Velarde, is a focal point. The upstairs loft/studio includes a large second-story viewing deck with mountain views stretching to Colorado. The main home was remodeled in 2018 with bathroom, kitchen flooring, and cabinet upgrades, and the outdoor area was enhanced in 2023. In addition to the main residence, there is a partitioned owner's suite used as a studio rental, a separate 1-bedroom, 1-bathroom guest house, and an adobe studio/chapel. This studio, a replica of a church chancel, was built for artist Fr. William Hart McNichols by master adobe builder Trini Velarde. Constructed with traditional adobes, mud floors, and vigas painted with natural plant dyes, the studio remains cool in summer and warm in winter. The property offers an investment opportunity with established rental income and a piece of Taos's artistic and building heritage. The property size is 2,630 square feet on a 1.89-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Pharmacy Kitchen & Bath Skin Care Clinic Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ranchos de Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.6094566
    Latitude
    36.3586367

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Single family property - Unique property in Ranchos de Taos with multiple rental units.
    Where is this single family property located?
    The property is located at 176 Maestas Rd Ranchos de Taos, NM.
    What is the asking price?
    The asking price for this property is $996,000.
    What are key features of this property?
    This property features: - Significant rental income potential from three separate units in addition to the main residence.; - Main home features a unique, remodeled interior (2018) with a **kiva fireplace crafted by a renowned artisan**, inspired by the Taos Inn.; - **Breathtaking mountain views** from the second-story viewing deck, including Taos Mountain and extending into Colorado.
    (505) 660-3610
    Request Owner's contact information
    176 Maestas Rd Ranchos de Taos, NM 87557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    176 Maestas Rd Ranchos de Taos, NM 87557
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