Ever considered running away to the mountains, writing a novel, raising a few sheep, and becoming considerably more interesting? Well… here’s your chance. Tucked into the lush mountain valley of Llano de San Juan, just off the High Road between Taos and Santa Fe, this 100+ year-old adobe shepherd’s cabin sits on 6.7 glorious acres with water, history, and enough Northern New Mexico magic to make you seriously reconsider your current life choices. The cabin is simple, soulful, and the real deal. Writer’s retreat? Artist hideaway? Mountain escape? Home base while you dream up something bigger? Absolutely. Or keep it just as it is and enjoy the increasingly rare pleasure of having a quiet little place to disappear to. Well, quiet when the birds aren’t chirping and the frogs aren’t singing, but you’ll get used to it. And then there’s the water. A year-round spring-fed pond, the Acequia de Jolla, AND the Rio Chiquito all run through the property. Water rights from two separate ditches, the Acequia del Monte and Acequia de Jolla, are registered with the State of New Mexico. In New Mexico, we call that kind of a big deal. With 6.7 acres to play with, there’s plenty of room to dream: gardens, agriculture, animals, restoration projects, or simply leave things beautifully alone and let the land do its thing. When you feel like venturing beyond your own little kingdom, Forest Service trails are about a ten-minute walk away, with Santa Barbara Canyon and Jicarita Peak just a short drive from home. Hike. Bike. Wander. Explore. Repeat. Taos is about 35 minutes away, and Santa Fe roughly an hour—making this one heck of a base camp for exploring Northern New Mexico. At nearly 9,000 feet, summers are sweet, mountain air is plentiful, and winters are magical Bring your paintbrush. Bring your manuscript. Bring the sheep. Your Northern New Mexico chapter starts here.
Scenic views! Spacious 5 bedroom 2 bath older home with lots of potential located on .63 acres. Storage sheds on property for extra storage space. Spacious kitchen. Covered porch. Must see to appreciate. Property does not have access to water New owner will have to drill new well. Septic system condition and location is unknown.
Welcome to this charming 1-bedroom, 1-bath home in the beautiful community of Peñasco, New Mexico. This cozy property offers an inviting opportunity for a full-time residence, weekend getaway, or investment property in the scenic northern New Mexico mountains.
“Rio Lucio, Cozy and Timeless Ranch-House” Embark on an opportunity to own a charming family home in the picturesque Rio Lucio Valley of the Peñasco region. This three-bedroom, one-bathroom home spans approximately 1,224 square feet and is situated on 0.84 acres. The home features a bonus room, perfect space to accommodate your needs, an attic that has been insulated, a detached one-car garage and a storage space for conveniency. Visiting this cozy valley home in person is a unique experience, but the prospect of owning it is truly extraordinary. The surrounding community exudes tranquility, characterized by open skies, invigorating mountain air, and the Rio Santa Barbara flowing just beyond the property. Located within the green belt adjacent to the river, this property boasts irrigation rights held by the current owner. It is equipped with community water and a brand new septic system. The property’s triangular shape is complemented by wire fencing surrounding its .84 acres, providing ample space for outdoor activities. Contact us today for a showing or more information.
Live, Work, & Earn at this Magical Restored Compound with Commercial Frontage in Peñasco ~ Back on Market following Improvements… 14197 NM-150 isn't just a home; it's the investment of a lifetime; two distinct residences that can be connected as one, with a road front gallery space ready to go for immediate income. The location offers the idyllic New Mexico lifestyle and the property has immediate built in income generating potential. The upstairs welcomes you into a charming 2,000+ sqft haven, containing a spacious living room with gleaming oak wood floors, a light-filled open-concept kitchen, and an inviting dining area, kept comfortable by recently installed mini splits that provide the perfect temperature (heating & cooling) all throughout the year. Two wood burning wood stoves and a sunroom provides additional warmth and coziness on cold winter days. For the aspiring artist, craftsperson, shop owner and so forth, the attached studio at the front of the residence near the famous highway could easily become your commercial space or art gallery, generating even more income. The residence is being listed well below a recent appraised value of $530k as of June 18th, 2025. Downstairs is an immaculate and generously sized 1400 sq ft two-bedroom apartment. This connected or self-contained unit boasts an open-concept kitchen with authentic Saltillo floors, a highly functional kitchen with custom cabinetry, and an open living room kept cozy by the stone fireplace. Each unit has its own private washer & dryer. With its proven track record as a highly-rated Airbnb and being offered fully furnished, the short-term or long-term rental possibilities are truly remarkable. The property even features a hot tub among poppies blooming in the springtime. The traditional root cellar for storing all your canned goods is a special feature of the property, as is the fully powered and highly functional detached workshop ready to go for a number of hobbies, extra storage, or yet another income stream. There is an established animal pen with a chicken coop out front and succession of perennials blooming throughout the warm season in the gardens. Nestled in the charming village of Peñasco, you’re steps away from local favorites like Sugar Nymphs restaurant and the Peñasco Performing Arts Theater. Outdoor adventures abound with Sipapu Ski Resort, Santa Barbara Campground, Dixon Cooperative Market, and renowned wineries like Chiripada and Vivac all nearby. This is truly a must-see opportunity to own a versatile, income-generating property in the heart of Northern New Mexico. Don't let this one slip through the cracks!
Now offered at $428,000, this rare adobe homestead in the heart of the Peñasco Valley brings together land, water rights, privacy, and authentic Northern New Mexico character. Set on one private acre at the end of Roybal Road, this quiet setting offers a peaceful rural property with Picuris Pueblo lands along its boundary and Carson National Forest nearby. Open landscapes, mountain recreation, and the natural beauty of Northern New Mexico are all within easy reach. The three-bedroom, two-bath Territorial-style home was handcrafted with traditional adobe construction and features thick adobe walls, reclaimed vigas and beams, abundant natural light, and desirable southern exposure. At the heart of the home, a wood stove provides warmth and a welcoming gathering place during the colder months. Together with the natural thermal qualities of adobe, the home reflects the comfort, craftsmanship, and enduring appeal of traditional Northern New Mexico living. A pitched metal roof installed in 2015 adds durability and practical peace of mind. What truly distinguishes this property is the combination of features increasingly difficult to find together: a private well, adjudicated irrigation water rights, usable acreage, traditional adobe construction, and a quiet setting with room to make the land your own. The acre offers possibilities for gardens, an orchard, horses, hobby farming, outdoor living, or simply enjoying more space and independence. Expansive skies, limited traffic, and the surrounding landscape also make the property well suited as a full-time residence or creative retreat. Located along the scenic High Road to Taos, the property feels tucked away without being disconnected. Taos is approximately 40 minutes away, Santa Fe approximately 60 minutes, and Sipapu Ski Area about 15 minutes. The wineries, galleries, and mountain communities surrounding Dixon and Peñasco are also nearby. At its newly adjusted price of $428,000, this is an opportunity to own a distinctive Northern New Mexico adobe home with one acre, water rights, a private well, privacy, and room to create a lifestyle connected to the land.
Penasco is located in New Mexico. Penasco, New Mexico 87553has a population of 1,357. Penasco 87553 is less family-centric than the surrounding county with 10.71% of the households containing married families with children. The county average for households married with children is 14.47%.
The median household income in Penasco, New Mexico 87553 is $35,313. The median household income for the surrounding county is $49,481 compared to the national median of $69,021. The median age of people living in Penasco 87553 is 42.2 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 17.3 inches per year, with 53.8 inches of snow per year.
