Discover a rare opportunity to own a lush, verdant 1.5-acre property with highly coveted water rights from the Alamitos Ditch. Originally part of the renowned River Song Ranch/ TVR once owned by Michael Martin Murphey, this exceptional property offers a rich sense of history and the peaceful beauty of Northern New Mexico. Surrounded by mature trees that provide natural shade, privacy, and year-round beauty, the fully fenced acreage creates an idyllic setting for horses, animals, gardening, or simply enjoying the outdoors. At the heart of the property is a thoughtfully designed 3-bedroom, 2-bath home on a permanent foundation that blends comfort with functionality. The spacious, beautifully appointed kitchen features premium appliances, custom tilework, abundant cabinetry, and generous prep space, flowing seamlessly into the open living and dining areas—perfect for everyday living and entertaining alike. The spacious primary suite offers a private retreat with a luxurious bath featuring a custom double vanity, designer tile, and a relaxing whirlpool tub. A dedicated laundry area with washer and dryer included adds everyday convenience. Extending the living space is a versatile 364-square-foot enclosed porch, ideal as a sunroom, studio, or gathering space while taking in the tranquil views of the surrounding landscape. Designed with equestrian enthusiasts and hobby farmers in mind, the property includes multiple storage sheds, a substantial metal barn ideal for hay storage or horse shelter, and a convenient carport. Whether you're seeking a peaceful country residence, a horse property, or a private retreat with valuable water rights, this exceptional offering combines rural serenity, practical amenities, and modern comfort in one remarkable package. Call us for a private tour!
For sale
$425,000
245 State Road 240, Taos, NM 87571
3beds
1,624sqft
Manufactured Home, Single Family Residence
Built in 1997
1.5 Acres Lot
$402,700 Zestimate®
$262/sqft
$-- HOA
What's special
Multiple storage shedsConvenient carportSpacious beautifully appointed kitchenCustom tileworkFully fenced acreageGenerous prep spacePremium appliances
- 79 days
- 204
- 22
Zillow last checked:
Listing updated:
Listed by:
Lisa Cancro 575-758-9500,
TAOS PROPERTIES REAL ESTATE INVESTMENT 575-758-9500,
Alexandra Cancro 575-770-9756,
TAOS PROPERTIES REAL ESTATE INVESTMENT
Source: Enchanted Circle,MLS#: 115413
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dryer, Gas Oven, Gas Range, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Ceiling Fan(s)
- Flooring: Carpet, Wood
- Windows: Insulated Windows, Window Coverings
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,624
- Total interior livable area: 1,624 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Gravel Driveway, Shed
- Fencing: Wire
Lot
- Size: 1.5 Acres
- Features: Lawn, Trees
- Topography: CanyonValley
Details
- Additional structures: Outbuilding
- Parcel number: 78572
- Zoning description: County
- Horses can be raised: Yes
- Horse amenities: Horses Allowed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Manufactured Home
- Property subtype: Manufactured Home, Single Family Residence
Materials
- Manufactured, Other
- Roof: Metal,Pitched
Condition
- Year built: 1997
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available
Community & HOA
Community
- Membership fee: $0 annually
- Subdivision: None
Location
- Region: Taos
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $219,231
- Annual tax amount: $1,670
- Date on market: 7/25/2026
- Listing agreement: Exclusive Right To Sell
- Has irrigation water rights: Yes
- Electric utility on property: Yes
Estimated market value
$402,700
$383,000 - $423,000
$2,258/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Listed for sale | $425,000$262/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,670 -1.3% | $73,077 |
| 2024 | $1,692 +24.6% | $73,077 |
| 2023 | $1,358 +14.4% | $73,077 +27.8% |
| 2022 | $1,187 +4.1% | $57,195 |
| 2021 | $1,140 +4.6% | $57,195 +3% |
| 2020 | $1,090 -4.2% | $55,529 |
| 2018 | $1,137 | $55,529 |
| 2017 | $1,137 +0.1% | $55,529 |
| 2016 | $1,136 | $55,529 +1.4% |
| 2014 | -- | $54,786 |
| 2013 | -- | $54,786 +2.7% |
| 2010 | -- | $53,363 |
Find assessor info on the county website
Monthly payment
Est. payment



