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36 Penny Ln 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.

Property size:
6,121 SF
Lot size:
42.00 Acres

Property Features for 36 Penny Ln

General Information

Standard status
Active
Size
6,121 SF
Lot size
42.00 Acres

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Listing Contact
Katherine Blagden
Katherine Blagden
Source: Corcoran

Listing Agency: SOTHEBY'S INT. RE/WASHINGTON Listing Agent: Katherine Blagden

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

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Overview

Deluxe Ranch with Barn Apartment

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.
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

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City
Las Vegas
County
San Miguel
State
New Mexico
Longitude
-105.4025011
Latitude
35.5726439

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 Ln 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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