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For sale
  • Price cut: $28K (8/31)
    $428,000

    42 Roybal Road, Penasco, NM 87553

    3beds
    2,100sqft
    : 
    $2,665/mo
    Get pre-qualified
    Single Family Residence
    Built in 1978
    1.03 Acres Lot
    $-- Zestimate®
    $204/sqft
    $-- HOA

    What's special

    Thick adobe wallsThree-bedroom two-bath territorial-style homeRare adobe homesteadCarson national forest nearbyQuiet settingDesirable southern exposureUsable acreage
    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.
    304 days
    551
    42

    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: $204/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
        8/31/2026Price change$428,000-6.1%$204/sqft
        Source: Enchanted Circle #113427 Report a problem
        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.
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        Climate risks

        Neighborhood: 87553

        Getting around

        1 / 100
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