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29 Sebastian Rd, Ranchos De Taos, NM, 87557

2beds
2baths
1,350sqft
$495,000
$367price/sqft
$3,016/moest. monthly cost
$120,640/yrincome needed

About This Home

This 2-bedroom, 2-bath home offers a compelling combination of personal use, investment potential, and Taos lifestyle and can be optionally fully furnished. Built in 2023 and located in the Ranchos de Taos valley, the property has a proven track record as a successful short-term rental, with documented gross income and net operating income available. Wide-open views of the Sangre de Cristo Mountains define the experience here, with vibrant sunrises and dramatic evening sunsets visible from the property. The setting provides a sense of space and privacy while remaining just minutes from town. Inside, the home features a practical and comfortable floor plan with radiant in-floor heating, quality finishes, and thoughtful design that supports both everyday living and guest use. An oversized one-car garage adds valuable storage and convenience. Outdoor living is a highlight, with a hot tub, gazebo, and dedicated dining area that create an ideal setting for relaxing or entertaining. The combination of open skies and mountain views makes this a place people want to return to. Conveniently located near the Taos Country Club and approximately 10 minutes from Taos Plaza, the property also offers easy access to hiking, biking, and the Rio Grande in Pilar for year-round recreation. Well maintained and move-in ready, this property delivers both a comfortable home base and a proven income-producing opportunity in one of Taos’ most desirable settings

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

--
Sped DisciplineGrades 1-123.2 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Bitumen,Pitched
  • Construction materials: Frame,Stucco

Other

  • Builder name: Adame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Pueblo
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Tongue and Groove Ceiling(s),Walk-In Closet(s)
  • Window features: Insulated Windows
  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace features: One,Living Room
  • Fireplace: Yes

Heating

  • Heating features: Hot Water,Radiant

Interior Area

  • Total structure area: 1,350
  • Total interior livable area: 1,350 sqft

Property

Details

  • Parcel number: 1071145230020
  • Zoning description: County

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Porch
  • Exterior features: Gravel Driveway,Hot Tub/Spa
  • Has spa: Yes
  • Has view: Yes
  • Waterfront features: None
  • Residential vegetation: Sagebrush

Lot

  • Lot size: 0.76 Acres
  • Features: Views

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Avalanche
    AvalancheModerate
  • Cold Wave
    Cold WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Inland Flooding
Avalanche
Cold Wave
Wildfire

FEMA Declared Disasters in Taos County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,502$30,024
Home Insurance *$226$2,712
Property Taxes $140$1,680
Electricity $148$1,780
Total$3,016$36,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,405/yr
40% on housing$90,480/yr
45% on housing$80,426/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -5.9%
-5.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$367This listing

vs Other Active Listings

Avg $/sqft

ZIP 87557$344
Taos County$312

vs Homes Sold Last Month

Median $/sqft

ZIP 87557$304
Taos County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-11Listed for sale$515,000
2023-08-04Sold--
2023-06-08Price change$459,000
2023-04-20Price change$469,000
2022-10-13Listed for sale$479,000

For Sale by Agent

AgentStacey Blish, Pinon Investments of Taos, Evan Blish, Pinon Investments of Taos
BrokeragePinon Investments of Taos

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