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    34 Varos Rd Arroyo Hondo, NM 87571

    New
    Under Contract
    For Sale
    $779,000

    MULTI_FAMILY - Other - Arroyo Hondo, NM

    Lot size:
    2.85 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 34 Varos Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Window features
    Skylight(s)
    Patio and Porch features
    Porch, Patio
    Interior features
    CeilingFans, VaultedCeilings
    Exterior features
    GravelDriveway
    Fireplace
    1
    Appliances
    Dryer, Dishwasher, GasOven, GasRange, GasWaterHeater, Refrigerator, Washer
    Lot size
    2.85 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Space Heater, Wood, Wood Stove, Fireplace(s), Baseboard
    Water source
    Well

    Building Details

    Year built
    1991
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Tile, Carpet
    Building materials
    Frame, Stucco
    Architectural style
    Other

    New Mexico Mountain Properties (575) 770-3306 [email protected]

    Listing agent Paula Madappa (575) 758-5852 License #19655

    Listing date Dec 9, 2025

    MLS# 108889 Listing URL

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

    Overview

    Arroyo Hondo Multifamily Compound on Acres

    This territorial style compound, totaling 4,532+/- square feet, is situated on 2.8 acres in Arroyo Hondo, NM, surrounded by pastures. The main unit features three bedrooms and three bathrooms. The interior design integrates exterior materials, such as corrugated roofing in the kitchen. Traditional Taos building techniques are evident in the straw-mixed, hand-troweled plaster walls, complemented by willow kitchen cabinets. Granite countertops add a modern touch to the historical ambiance. The primary bedroom features a unique ceiling configuration with large half-round windows and a jacuzzi tub with expansive views. Skylights brighten and ventilate the other two bedrooms. The property includes two additional rental units. The east unit, spanning 860 square feet, offers a large living space with a wood-burning fireplace, kitchenette, one bedroom, and one bathroom. The west unit is a studio with a large common living room/bedroom, one bathroom, and a kitchen with washer/dryer hookups. Each unit has a private entrance and patio. A 40-foot portal off the main unit provides a peaceful outdoor space. Water rights are included, and horses are welcome. The property offers mountain vistas and rental potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Arroyo Hondo
    County
    Taos
    State
    New Mexico
    Longitude
    -105.6720509
    Latitude
    36.52777154

    FAQs

    What type of property is this?
    Apartment building - Territorial-style compound on 2.8 acres with rental potential.
    Where is this apartment building located?
    The property is located at 34 Varos Rd Arroyo Hondo, NM.
    What is the asking price?
    The asking price for this property is $779,000.
    What are key features of this property?
    This property features: - Compound featuring a main 3-bedroom unit plus two rental units - great for income potential.; - Sprawling 2.8 acres of land include water rights and allowance for horses.; - Unique architectural details blend traditional Taos elements with modern amenities like straw-mixed plaster, willow cabinets, and granite countertops.
    (575) 758-5852
    Request Owner's contact information
    34 Varos Rd Arroyo Hondo, NM 87571
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    Arroyo Hondo, NM 87571
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    34 Varos Rd Arroyo Hondo, NM 87571
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