Peñasco, NM homes for sale & real estate

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ABOUT THIS HOME
Peñasco, NM Homes for Sale
This cherished Territorial-style adobe home rests on a peaceful 1-acre parcel in the heart of the Peñasco Valley, offering southern exposure and natural drainage—ideal conditions for food production, outdoor living, or keeping livestock. With a rare blend of traditional Northern New Mexico craftsmanship and thoughtful modern updates, this home was lovingly built by the original owner as a handcrafted gift for his daughter—a true testament to cultural heritage and reverence for the land. Constructed in the classic Territorial tradition, the 3 bedroom, 2 bath home features thick adobe walls for natural insulation, reclaimed wooden vigas and beams, and a pitched metal roof i

$449,000

3 beds2 baths1,947 sq ft

42 Roybal Rd, Penasco, NM 87553

1.03 acre lot • 2 garage spots • Built 1978

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ABOUT THIS HOME
Peñasco, NM Homes for Sale
Magical Multifamily & Commercial Front Property in Peñasco ~ Too Good to Be True ~ 14197 NM-150 isn't just a home; it's an 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 &

$500,000

4 beds3 baths3,400 sq ft

14197 State Road 75, Penasco, NM 87553

0.46 acre lot • Built 1975 • Listed 206 days

ABOUT THIS HOME
Peñasco, NM Homes for Sale
Presented to you is this beautiful 7.71-acre plot, ideal for your farming, ranching, or construction needs. This property is lush, spacious and green and boasts incredible views of the Penasco valley. The property has surface irrigation water rights perfect for all your agricultural needs. Additionally, some public utilities are nearby. Here, envision a spectacular house built with ample space with the amenities of the Penasco and Rio Lucio communities within reach. This spectacular property is perfect to enjoy the beauty and tranquility of the countryside while having easy access to local and surrounding communities.

$385,500

— beds— baths— sq ft

TBD Tract B Off Roybal Rd, Rio Lucio, NM 87553

7.71 acre lot • Listed 8 days

ABOUT THIS HOME
Peñasco, NM Homes for Sale
Outstanding flat +-2.9 acres in Rio Lucio just waiting for you! A setting with breathtaking views of the Jicarita Peak, acequia water rights, community water nearby so no need to drill a well, electric nearby, must install septic system if building on. Easy access off NM75 on Roybal Road. Come enjoy the views and quiet living, raise livestock or grow a beautiful garden, or all three! Located within 60 to 70 miles of six ski resorts, namely Sipapu, Taos Ski Valley, Angel Fire, Red River, Ski Santa Fe, and Pajarito Ski Valley; supplying an outstanding selection of diverse activities for people of all ages and abilities. A RARE PROPERTY AVAILABLE FOR SALE! A must see!

$165,000

— beds— baths— sq ft

0 Roybal Rd, Penasco, NM 87553

2.9 acre lot • Listed 309 days

ABOUT THIS HOME
Peñasco, NM Homes for Sale
Outstanding flat +-2.9 acres in Rio Lucio just waiting for you! A setting with breathtaking views of the Jicarita Peak, acequia water rights, community water nearby so no need to drill a well, electric nearby, must install septic system if building on. Easy access off NM75 on Roybal Road. Come enjoy the views and quiet living, raise livestock or grow a beautiful garden, or all three! Located within 60 to 70 miles of six ski resorts, namely Sipapu, Taos Ski Valley, Angel Fire, Red River, Ski Santa Fe, and Pajarito Ski Valley; supplying an outstanding selection of diverse activities for people of all ages and abilities. A RARE PROPERTY AVAILABLE FOR SALE! A must see!

$165,000

— beds— baths— sq ft

0 Roybal, Rio Lucio, NM 87553

2.9 acre lot • Listed 451 days

Property at TBD Highway 75, Rio Lucio, NM 87553

$57,500

— beds— baths— sq ft

TBD Highway 75, Rio Lucio, NM 87553

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ABOUT THIS HOME
Peñasco, NM Homes for Sale
A truly rare 34-acre mountain retreat awaits, nestled in the Sangre de Cristo Mountains with stunning views of Jicarita Peak and Truchas Peaks. This exceptional, self-sufficient, and sustainably developed property is perfect for a small family business, equestrian estate, or serene retreat center. The total living space of 4,100 sq ft includes a charming 1,600 sq ft earth-bermed 2-bedroom home featuring custom stone floors, vigas, radiant in-floor heat in the kitchen and master suite, and an updated kitchen with a Wolf Stove and granite countertops. The home is designed for energy efficiency, maximizing solar gain, and has a wrap-around deck with captivating pond and mountain views. The pro

$2,150,000

5 beds2.5 baths4,100 sq ft

157 Pacheco Rd, Llano, NM 87543

34.5 acre lot • 4 garage spots • Built 2000

ABOUT THIS HOME
Peñasco, NM Homes for Sale
Dreamy 17+ Acre Property with a Stream and Water Rights ~ Just off the High Road to Taos you will stumble upon this absolutely stunning lush property with a stream running through it, irrigation channels, and acequia water rights. This property is right out of a story book. A rare rare occurrence for something this stunning to hit the market near the High Road to Taos, in nature. The stream that flows year round, along with two other acequia water sources, keeps earth happy year-round. The perfect place to build your dream home, weekend get-away, or grow all your veggies and raise your farm animals. This is your chance to develop a dreamy ranch in Northern New Mexico, don't miss the chance!

$395,000

— beds— baths— sq ft

Lower Ojito Road 17 Acres, Chamisal, NM 87521

17.06 acre lot • Listed 106 days

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