Have you ever dreamed of a true adobe with a guest house set on .37 acres of land with surface water rights and fruit trees in the heart of Ranchos de Taos? Well, stop dreaming! Featuring a thoughtfully updated 2 bedroom, 2 bath main residence and an inviting 1 bedroom, 1 bath casita, with mature fruit trees dotting the property, there is little that his property lacks. Did I mention the home was being sold fully furnished? Believed to contain wall sections dating back more than 200 years, the adobe home is a great example of the craftsmanship of another era, with some walls measuring over two feet thick. These substantial adobe walls naturally keep the home cool during the summer months and warm throughout the winter. The casita has what you are looking for, featuring beautifully worn pine floors that only centuries of use can create, smooth hand-plastered walls, graceful arches, exposed vigas, warm wood accents, and a spacious bathroom complete with a soaking tub and separate shower. Equally attractive as an investment opportunity, the casita boasts an exceptional short-term rental history, averaging approximately 300 occupied nights per year, creating income potential that can significantly offset ownership costs. The main residence has been extensively remodeled while preserving its authentic Taos character. The flexible floor plan offers two spacious bedroom suites, each with its own private bathroom, making it ideal for guests, family, or multigenerational living. The primary suite includes an additional flex room perfect for an office, reading room, studio, or expanded bedroom space. At the heart of the home is a beautifully remodeled kitchen featuring granite countertops, under-cabinet lighting, new appliances, and thoughtful finishes that strike the perfect balance between modern convenience and old world feel. Privacy was carefully considered throughout the property. Both the main house and casita enjoy separate entrances and dedicated parking areas, allowing owners and guests to enjoy complete independence. An extensive renovation completed in 2020 included remodeled kitchens in both residences, updated bathrooms in the main home, opened living spaces, modernized plumbing systems, new appliances, new natural gas Rinnai heaters, replacement of both water heaters, and numerous additional improvements. Both private parking areas were freshly re-graveled in 2026. The property is connected to natural gas and El Valle sewer, eliminating septic concerns. A private well conveys with approximately 3 acre-feet of water rights, and the property also benefits from valuable surface water rights. The acequia flows along the rear of the property, bordered by mature trees that create a peaceful environment where the soothing sound of running water can often be enjoyed from the backyard. Adding to the property’s appeal are mature fruit trees and established landscaping that create a setting that isn’t too common in the high desert. Location is another standout feature. Just a three minute walk from the Ranchos Plaza, tethered by the famous San Francisco de Asis Church, you’ll enjoy easy access to local favorites including, Ranchos Plaza Grill, Old Martinez Hall, Chimayo Trading & Art Gallery, and a growing collection of shops and community events. In addition, a newly opened film studio is just a stones throw away, placing you near exciting growth while still enjoying the quiet atmosphere of a peaceful side street. Whether you’re seeking a primary residence, a second home, or an investment property with proven income history, this property offers a combination of authenticity, comfort, water rights, privacy, and location that is increasingly difficult to find. Search for properties with guest houses and you’ll quickly see just how well priced and taken care of this property really is!