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For sale
  • Price increase: $7K (7/27)
    $456,000

    42 Roybal Road, Penasco, NM 87553

    3beds
    2,100sqft
    : 
    $2,717/mo
    Get pre-qualified
    Single Family Residence
    Built in 1978
    1.03 Acres Lot
    $-- Zestimate®
    $217/sqft
    $-- HOA

    What's special

    Thick adobe wallsTraditional adobe constructionQuiet rural settingNatural drainageSouthern exposureAuthentic territorial-style homeThree-bedroom two-bath home
    Rare adobe homestead with water rights in the heart of the Peñasco Valley. Set on one private acre at the end of Roybal Road, this authentic Territorial-style home offers the peace, space, and seclusion of a more remote Northern New Mexico lifestyle. The property backs up to Picuris Pueblo lands and is close to Carson National Forest, placing open landscapes, mountain recreation, and natural beauty just beyond your doorstep. The property brings together features that are increasingly difficult to find: traditional adobe construction, a private well, adjudicated irrigation water rights, usable land, and a quiet rural setting. The three-bedroom, two-bath home was handcrafted in the traditional Northern New Mexico style, with thick adobe walls, reclaimed vigas and beams, abundant natural light, and southern exposure. At the heart of the home is a wood stove that provides warmth throughout the house and creates a natural gathering place during the colder months. Combined with the thermal qualities of the adobe walls, it adds to the home’s comfort, character, and connection to a simpler, more self-sufficient way of living. A pitched metal roof installed in 2015 adds durability and low-maintenance peace of mind. The land offers room for gardens, orchards, horses, hobby farming, or a more independent lifestyle. Expansive skies, natural drainage, and limited traffic create an ideal setting for outdoor living, a creative retreat, or a full-time escape from crowded surroundings. Located along the scenic High Road to Taos, the property feels removed while remaining within reach of essential destinations. It is approximately 40 minutes from Taos, 60 minutes from Santa Fe, 15 minutes from Sipapu Ski Area, and near the wineries, galleries, and small mountain communities surrounding Dixon and Peñasco. This is a rare opportunity to own a true Northern New Mexico adobe home with land, water rights, privacy, and room to live more independently.
    258 days
    |
    524
    |
    45
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    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia Trish McSweeney 575-776-4560,

    Berkshire Hathaway HomeServices Taos Real Estate 575-758-1924

    Source: Enchanted Circle,MLS#: 113427MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Master bedroom Ensuite
      • Features: Bath in Primary Bedroom
      Dining room
      • Description: South Facing windows
      Utility room
      • Description: Plumbed to add full bath
      Heating
      • Fireplace(s), Wood Stove, Wall Furnace, Passive Solar
      Appliances
      • Included: Dryer, Electric Water Heater, Gas Oven, Refrigerator, Washer
      Features
      • Flooring: Carpet, Tile, Wood
      • Windows: Insulated Windows
      • Number of fireplaces: 1
      • Fireplace features: One, Wood Burning Stove
      Interior area
      • Total structure area: 2,100
      • Total interior livable area: 2,100 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Porch
      • Exterior features: Gravel Driveway, Other, Shed
      Lot
      • Size: 1.03 Acres
      • Features: Trees
      • Topography: CanyonValley
      Details
      • Additional structures: Studio/Office, Outbuilding
      • Parcel number: 8802
      • Zoning description: County
      • Horses can be raised: Yes
      • Horse amenities: Horses Allowed

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Adobe, Frame, Metal Siding, Stucco
      • Foundation: Slab
      • Roof: Metal,Pitched
      Condition
      • Year built: 1978

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Propane

      Community & HOA

      Community
      • Membership fee: $0 annually
      • Subdivision: None
      Location
      • Region: Penasco

      Financial & listing details

      • Price per square foot: $217/sqft
      • Tax assessed value: $233,796
      • Annual tax amount: $2,836
      • Date on market: 11/11/2025
      • Listing agreement: Exclusive Right To Sell
      • Has irrigation water rights: Yes
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/27/2026Price change$456,000+1.6%$217/sqft
        Source: Enchanted Circle #113427 Report a problem
        11/11/2025Listed for sale$449,000-5.5%$214/sqft
        Source: Enchanted Circle #113427 Report a problem
        10/4/2025Listing removed$475,000$226/sqft
        Source: BHHS broker feed #113427 Report a problem
        9/13/2025Price change$475,000-2.1%$226/sqft
        Source: Enchanted Circle #113427 Report a problem
        6/11/2025Listed for sale$485,000-2%$231/sqft
        Source: Enchanted Circle #113427 Report a problem
        11/27/2024Listing removed$495,000$236/sqft
        Source: Enchanted Circle #112286 Report a problem
        8/29/2024Listed for sale$495,000+1.5%$236/sqft
        Source: Enchanted Circle #112286 Report a problem
        10/10/2023Listing removed--
        Source: SFARMLS #202202248 Report a problem
        9/15/2023Price change$487,900-4.1%$232/sqft
        Source: SFARMLS #202202248 Report a problem
        9/7/2023Listed for sale$509,000$242/sqft
        Source: SFARMLS #202202248 Report a problem
        8/14/2023Pending sale$509,000$242/sqft
        Source: SFARMLS #202202248 Report a problem
        7/20/2023Listing removed--
        Source: SFARMLS #202202248 Report a problem
        6/21/2023Price change$509,000-1.7%$242/sqft
        Source: SFARMLS #202202248 Report a problem
        1/26/2023Price change$518,000-1.3%$247/sqft
        Source: SFARMLS #202202248 Report a problem
        1/2/2023Listed for sale$525,000$250/sqft
        Source: SFARMLS #202202248 Report a problem
        11/3/2022Pending sale$525,000$250/sqft
        Source: SFARMLS #202202248 Report a problem
        6/19/2022Listed for sale$525,000+141.9%$250/sqft
        Source: SFARMLS #202202248 Report a problem
        12/12/2018Listing removed$217,000$103/sqft
        Source: Coldwell Banker Trails West #201802465 Report a problem
        10/11/2018Pending sale$217,000$103/sqft
        Source: Coldwell Banker Trails West #201802465 Report a problem
        8/15/2018Price change$217,000-9.2%$103/sqft
        Source: Coldwell Banker Trails West #201802465 Report a problem
        7/30/2018Price change$239,000-4%$114/sqft
        Source: Coldwell Banker Trails West #201802465 Report a problem
        6/15/2018Listed for sale$249,000$119/sqft
        Source: Coldwell Banker Trails West #201802465 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $77,932
        2023$1,340 +16.4%$77,932 +3%
        2022$1,151 +1.6%$75,662
        2021$1,134 +15.4%$75,662 +2.9%
        2020$982 +14%$73,508 +23.6%
        2018$862 $59,496 +3%
        2017$862 +8.2%$57,763 +3%
        2016$797 $56,081 +3%
        2014-- $54,448
        2013-- $54,448 +3%
        2010-- $52,862
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 87553

        Getting around

        1 / 100
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