Rare adobe homestead with water rights in the heart of the Peñasco Valley. Set on one private acre at the end of Roybal Road, this authentic Territorial-style home offers the peace, space, and seclusion of a more remote Northern New Mexico lifestyle. The property backs up to Picuris Pueblo lands and is close to Carson National Forest, placing open landscapes, mountain recreation, and natural beauty just beyond your doorstep. The property brings together features that are increasingly difficult to find: traditional adobe construction, a private well, adjudicated irrigation water rights, usable land, and a quiet rural setting. The three-bedroom, two-bath home was handcrafted in the traditional Northern New Mexico style, with thick adobe walls, reclaimed vigas and beams, abundant natural light, and southern exposure. At the heart of the home is a wood stove that provides warmth throughout the house and creates a natural gathering place during the colder months. Combined with the thermal qualities of the adobe walls, it adds to the home’s comfort, character, and connection to a simpler, more self-sufficient way of living. A pitched metal roof installed in 2015 adds durability and low-maintenance peace of mind. The land offers room for gardens, orchards, horses, hobby farming, or a more independent lifestyle. Expansive skies, natural drainage, and limited traffic create an ideal setting for outdoor living, a creative retreat, or a full-time escape from crowded surroundings. Located along the scenic High Road to Taos, the property feels removed while remaining within reach of essential destinations. It is approximately 40 minutes from Taos, 60 minutes from Santa Fe, 15 minutes from Sipapu Ski Area, and near the wineries, galleries, and small mountain communities surrounding Dixon and Peñasco. This is a rare opportunity to own a true Northern New Mexico adobe home with land, water rights, privacy, and room to live more independently.