Properties

Property Description

A truly RARE and DELIGHTFUL find! This property consists of a one bedroom, one bathroom, with sleeping loft, CAVCO cedar cabin, tiny-home RV on a permanent foundation with cathedral ceilings and tons of windows for natural light and views of the Picuris Pueblo and Picuris Mountains, AND a detached studio that has electric, water, gas and loft area that can easily be converted into a guest house or office. This studio is a restored 170-year-old barn, and the seller spent $70,000 to convert it into the current structure. The property is on 1.4 acres bordering the Pueblo and is on a river that runs all year and is not just a seasonal stream. Walk to the river or sit on your beautiful deck and listen to the river sounds or watch the buffalo roam on the Pueblo lands. There are few homes nearby, so you have lots of privacy; however, you are still close to Peñasco, which gives you access to gas stations, markets, art galleries, schools, and the famous Sugar Nymphs restaurant, so the property feels remote, but you are close to all amenities. The shared well is high-producing, and the property has water rights from the irrigation ditch/Acequia which goes through the property. With no property restrictions, bring your horses, cattle, chickens, goats. Because the quarter mile road from the main paved road is adjacent to the Pueblo, title companies will not insure access, so this makes it ineligible for conventional financing. This will need to be cash purchase only. We don’t see country properties anymore in this kind of condition and with this many features below the $300,000 price mark, which is why this is definitely one you do not want to miss! Please note: As of 3/9/23, showings are temporarily on hold. The road is being worked on and only residents will be able to access for awhile. Please do not disrupt the residents and the road work occurring until clearance has been granted to allow showings and drive-bys.

Features
: Solar Passive, Forced Air, Space Heater
: Wire
: Deck
: Pitched
Address Map
US
NM
Penasco
None
87553
Camino de La Loma
40A
0
W106° 16' 51.6''
N36° 11' 52.3''
E
40A Camino de La Loma
MLS Addon
Coldwell Banker Mountain Properties
: Single Family
Active
23
Penasco Area (29b)
Horse Property,Cleared Lot,Borders Pueblo Land,Wat
Take 518S/High Road, turn right onto NM-75W/High R
: Frame, Log, Manufactured
: Yes, See Remarks
: Cabin, Mobile
: Holding Tank
: Other
: Carpet, Wood, Linoleum, Pergo Style, Other
: At Lot, Yes
: Well, Shared
0
Other
Penasco High
Rural Agricultural
25
The Walking Rain Group
of Coldwell Banker Mountain Properties
Active

Residential For Sale

40A Camino de La Loma, Penasco, New Mexico 87553

2 Bedrooms
1 Bathrooms
500 Sqft
1.42 Acres
$190,000
Listing ID #109915
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 109915
Price : $190,000
Bedrooms : 2
Bathrooms : 1
Half Bathrooms : 0
Square Footage : 500 Sqft
Approx. Main House Sq. Ft : 500 Sqft
Number of Acres : 1.42
Agent info
Piñon Investments of Taos
98 Taos Ski Valley Road, Suite 1 P.O. Box 400 Arroyo Seco, NM 87514
Contact Agent