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    Deluxe Ranch with Barn Apartment Title is generated by Realmo AI

    36 Penny, Las Vegas, NM 87701

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    For Sale
    $1,050,000

    42-acre ranch featuring a stable with a 1600 sq. ft. apartment.

    Type:Land or Vacant Lot
    Property size:
    6,121 SF
    Lot size:
    42.00 Acres
    Price / SF:
    $171/SF
    Added:
    Sep 30, 2025
    Days on Market:
    248
    Last Refresh:
    Apr 5 at 9:44 pm

    Property Features for 36 Penny

    General Information

    Standard status
    Active
    Size
    6,121 SF
    Lot size
    42.00 Acres
    Property subtype
    Land or Vacant Lot

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    Listing Contact
    KATHERINE BLAGDEN
    KATHERINE BLAGDEN

    Listing agent KATHERINE BLAGDEN License #15641

    Listing office SOTHEBY'S INT. RE/WASHINGTON

    Listing date Sep 30, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SOTHEBY'S INT. RE/WASHINGTON

    HighLights

    • 42‑acre ranch with stunning views of Hermit's Peak, bordered by a 2,500‑acre private ranch.
    • State‑of‑the‑art 'Barn Pros' equestrian facility featuring 6 stalls, rubber flooring, tack room, hay storage, washing space, 45x60 fenced corral, RV parking, and a 1,600 sq ft 2‑bedroom apartment.
    • Substantial 4,500 sq ft home featuring 12' ceilings, radiant floor heat, open living spaces, chef's kitchen with high‑end appliances, and a 3+ car heated garage.
    • Excellent horse property with mostly flat, fenced land, great fescue grass, and easy access to trails.
    • Well‑maintained property with recent updates including a new boiler (2024) and hot water heater (2022), plus a private well and water softener.
    • Conveniently located an hour from Santa Fe and half an hour from Las Vegas, NM.

    Overview

    This 42-acre ranch features a "Barn Pro" stable with a 1,600 sq. ft. apartment. The property is fully fenced and accessed via a ¼ mile private driveway. The main house, built in 2008, is a 4,500 sq ft home with 12' ceilings, diamond finish plaster walls, arches, large beams, and oversized living spaces. It is designed on one level with radiant floor heat. The state-of-the-art 6-stall barn includes a full 1,600 sq ft apartment above it. The property has views of Hermit’s Peak and the adjacent mountaintops and is surrounded on three sides by a 2,500-acre private ranch. The 42 acres of fescue grass are suitable for riding or training. A 45X60 ft horse pen is included. The area has a network of horse and offload trails. The home has open main living areas with living, dining, and kitchen spaces. There is access to the covered portal for outdoor dining. The backyard is fully fenced. A heated 3+ car garage has direct access to the inside of the home. The kitchen features two ovens, a large gas cook top with griddle, two sinks, wild stone granite counters, stainless appliances, and a pantry. The master bedroom, media/office, and one guest bedroom are on the west wing, with 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 and an en-suite his and hers bath with a Jacuzzi tub, walk-in closet, two sinks, and shower. The barn has its own septic system, 6 stalls with rubber flooring, tack room/workshop, hay storage, washing space for horses, and a 45 X 60 fenced corral. It also has covered parking for an RV. Above the barn is a 2-bedroom, 1-bath apartment with a wood-burning stove and kitchenette. The boiler was replaced in 2024 and the hot water heater in 2022. The private well provides water and the home has a water softener.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.403
    Latitude
    35.5726

    FAQs

    What type of property is this?
    Ranch - 42-acre ranch featuring a stable with a 1600 sq. ft. apartment.
    Where is this ranch located?
    The property is located at 36 Penny Las Vegas, NM.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: 42‑acre ranch with stunning views of Hermit's Peak, bordered by a 2,500‑acre private ranch.; State‑of‑the‑art 'Barn Pros' equestrian facility featuring 6 stalls, rubber flooring, tack room, hay storage, washing space, 45x60 fenced corral, RV parking, and a 1,600 sq ft 2‑bedroom apartment.; Substantial 4,500 sq ft home featuring 12' ceilings, radiant floor heat, open living spaces, chef's kitchen with high‑end appliances, and a 3+ car heated garage.
    More about this property
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