14197 Sr 75 Penasco, NM 87553
4 bed / 3 bath / 3,400 Sq. Ft. / 20,038 Sq. Ft., 0.46 acres lot size / Single Family
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Live, Work, & Earn at this Magical Restored Compound with Commercial Frontage in Pe asco ~ 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 Pe asco, you're steps away from local favorites like Sugar Nymphs restaurant and the Pe asco 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!
property details
Type
Single Family
Status
Active
County
Taos
Year Built
1975
Sq. Ft.
3,400
Lot Size
20,038 Sq. Ft., 0.5 acres
Listing Id
114585
Courtesy Of
Ryan Trujillo - Berkshire Hathaway HomeServices Taos Real Estate +1 575 758 1924
List Office Phone
+1 (575) 758-5478
Subdivision
None
Interior Features
Beds
4
Full Baths
3
Living Area Units
Sq. Ft.
Fireplace
Family Room
Gas
Kitchen
Living Room
Stone
Wood Burning Stove
Gas
Kitchen
Living Room
Stone
Wood Burning Stove
Flooring
Tile
Wood
Wood
Appliances
Dryer
Dishwasher
Electric Range
Freezer
Gas Range
Microwave
Refrigerator
Washer
Dishwasher
Electric Range
Freezer
Gas Range
Microwave
Refrigerator
Washer
Bathrooms Total
3
Exterior Features
Parking
Gravel
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Solar
Wood
Heat Pump
Baseboard
Stove
Fireplace
Wall Furnace
Wood
Heat Pump
Baseboard
Stove
Fireplace
Wall Furnace
Building Area Total
3,400 Sq. Ft.
Architectural Style
Contemporary
2 Story
2 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
08/14/2026
08/14/2026
|
Active |
$465,000
|
Taos County Association of Realtors |
|
07/15/2026
07/15/2026
|
Pending |
$465,000
|
Taos County Association of Realtors |
|
07/11/2026
07/11/2026
|
Active |
$465,000
|
Taos County Association of Realtors |
|
07/10/2026
07/10/2026
|
Pending |
$465,000
|
Taos County Association of Realtors |
|
05/29/2026
05/29/2026
|
Active |
$465,000
|
Taos County Association of Realtors |
|
04/25/2026
04/25/2026
|
Active |
$480,000
|
Taos County Association of Realtors |
|
03/13/2026
03/13/2026
|
Active |
$490,000
|
Taos County Association of Realtors |
|
03/05/2026
03/05/2026
|
Pending |
$490,000
|
Taos County Association of Realtors |
|
02/19/2026
02/19/2026
|
Active |
$490,000
|
Taos County Association of Realtors |
View More
Market Trends
Source: Constellation1
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