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125 De Teves Ln, Taos, NM, 87571

6beds
5baths
3,723sqft
$1,295,000
$348price/sqft
$9,188/moest. monthly cost
$367,520/yrincome needed

About This Home

A rare opportunity to steward a meaningful piece of Taos cultural and architectural history. Formerly the estate of Taos visionary Gene Sanchez — recognized for his influence across local politics, art, and architecture — this multi-residence adobe compound reflects a legacy of creativity, craftsmanship, and forward-thinking design. Set on approximately 1.5 acres within Town of Taos zoning, the property offers both historic presence and future development potential. The main residence encompasses approximately 3,700 square feet with 4 bedrooms and 3 bathrooms, constructed in classic Northern New Mexico adobe tradition. The home blends timeless Southwest architectural elements with comfortable living spaces designed to support both private retreat and gathering. The layout includes three ensuite bedroom spaces, creating a flexible retreat-style environment. The primary suite features a fireplace and private patio with sought-after Taos Mountain views, while an additional bedroom is supported by an adjacent private bath. Interior features include rich hardwood flooring, hand-crafted viga beam ceilings, smooth plaster walls, and generous living and dining spaces designed around natural light and indoor-outdoor connection. Large windows frame western sunsets and mountain vistas, reinforcing the home’s connection to the surrounding landscape. A partial basement is located beneath the main residence. The property includes two detached casitas. The first is an approximately 500 square foot 1 bedroom / 1 bathroom guest casita with adobe fireplace and patio access. The second structure, known as the Artist Studio, is approximately 1,000 square feet and includes 1 bedroom, 1 bathroom, and a traditional adobe kiva fireplace, positioned in a private rear setting within the compound. The property spans three legally recognized lots, offering potential options for redevelopment, expansion, or future resale configuration. The residence and casitas have experienced a period of vacancy and will benefit from updating and deferred maintenance improvements. The current price reflects consideration of condition and future improvement planning. This estate offers a rare chance to restore, reimagine, or reposition a legacy Taos property while maintaining its artistic and cultural roots.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

5/10
--
8/10
Taos Cyber MagnetGrades 9-120.5 mi

Construction

Condition

  • Year built: 1975

Materials

  • Foundation: Slab
  • Roof: Bitumen,Flat
  • Construction materials: Adobe,Frame,Stucco

Type & Style

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

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Beamed Ceilings,Smoke Free
  • Window features: Insulated Windows,Single Pane
  • Flooring: Other
  • Number of fireplaces: 3
  • Fireplace features: Three
  • Fireplace: Yes

Heating

  • Heating features: Electric,Forced Air,Radiant,Space Heater

Interior Area

  • Total structure area: 3,723
  • Total interior livable area: 3,723 sqft

Living Room

  • Dimensions: c floor

Property

Details

  • Parcel number: 75144
  • Zoning description: 4 Units

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio,Porch
  • Fencing: Stucco Wall
  • Has view: Yes
  • Residential vegetation: Mixed

Lot

  • Lot size: 1.50 Acres
  • Features: Level,Views,Xeriscape

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $6,548$78,576
Home Insurance *$385$4,620
Property Taxes $1,991$23,892
Electricity $264$3,176
Total$9,188$110,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$315,017/yr
40% on housing$275,640/yr
45% on housing$245,013/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

$348This listing

vs Other Active Listings

Avg $/sqft

ZIP 87571$268
Taos County$310

vs Homes Sold Last Month

Median $/sqft

ZIP 87571$317
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
2025-04-30Price change$1,295,000
2025-02-11Listed for sale$1,490,000
2024-09-30Listing removed$1,900,000
2024-04-25Listed for sale$1,900,000

For Sale by Agent

AgentPavel Lukes
BrokerageDreamcatcher Real Estate

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