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305 De Vargas Ln, Taos, NM, 87571

5beds
4baths
4,950sqft
$1,975,000
$399price/sqft
$14,078/moest. monthly cost
$563,120/yrincome needed

About This Home

THE DEVARGAS SANCTUARY-4,950 SQ FT | 5 BEDS | 4 BATHS | GUEST CASITA Craftsmanship Meets High-Desert Luxury - Escape to a sanctuary where historic soul meets modern sophistication. Situated on a lush .385-acre parcel just steps from the vibrant Taos Plaza, this 4,950-square-foot estate is an architectural masterpiece consisting of a three-bedroom main house and a separate, attached two-bedroom casita. From the hand-crafted front door to the soaring ten-foot ceilings, every inch of the residence reflects a commitment to quality. The interior is a symphony of traditional textures, featuring hand-plastered walls, polished concrete floors, and the rhythmic beauty of viga and herringbone latilla ceilings. The heart of the home is an epicurean kitchen designed for the serious chef, anchored by a Jade Range and GE Monogram double-ovens. This culinary space flows seamlessly into a beautiful dining room, a private interior courtyard or out to the lush perennial gardens for sun-drenched alfresco dining. For the homeowner seeking ultimate serenity, the primary wing offers a secluded retreat complete with a spa-inspired bathroom, dual dressing rooms, and a southwestern fireplace. Innovation meets tradition throughout the floor plan, most notably in the upper-level great room. Accessible via a graceful staircase or a private elevator, this grand space is defined by elegant windows, a hand-carved mantel, and the thoughtful addition of a stylish second-floor kitchenette. This secondary kitchen provides a high level of convenience, allowing for effortless hosting on the upper level without the need to descend to the main floor. Whether you are preparing morning coffee to enjoy by the fire or serving refreshments to guests on the terrace, this functional space enhances the home's versatility. The great room opens onto a private portal where a raised wood-burning fireplace and built-in bancos provide the perfect vantage point for watching the light change over the majestic Taos Mountain. An additional room on this level currently serves as a refined office but offers the flexibility to be used as a bedroom, supported by a contemporary full bathroom nearby. The proximity of the kitchenette makes this upper level feel like a self-contained suite, perfect for long-term guests or a quiet evening retreat. The amenities extend far beyond the main living quarters. For the serious collector, an impressive 1,350-bottle wine cellar awaits, finished with a granite tasting counter and a reassuring battery backup system. Visitors will find their own paradise in the attached guest casita, which offers a completely separate entrance for maximum privacy. This delightful retreat features two additional bedrooms and one bathroom, comfortably accommodating up to four guests with its own kitchenette, living room with a fireplace, and a charming dining area. The estate grounds are a true outdoor oasis, fully enclosed by adobe walls and featuring tiered rock gardens, a gated vegetable patch, and a secluded lawn with a private hot tub. Additionally, a free-standing, 475-square-foot climate-controlled studio provides a turnkey opportunity for an artist’s workshop or creative sanctuary. Located within walking distance to the historic galleries and celebrated cafes of Taos, this property—with an adjoining lot also available—represents a rare chance to own a five-bedroom, four-bathroom masterpiece in the heart of the Taos.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

5/10
--
8/10
Taos Cyber MagnetGrades 9-120.6 mi

Construction

Condition

  • Year built: 2010

Materials

  • Foundation: See Remarks
  • Roof: Bitumen,Flat
  • Construction materials: Frame,Stucco

Other

  • Builder name: Ian Forsberg

Type & Style

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

Interior

Appliances

  • Appliances included: Double Oven,Dryer,Dishwasher,Disposal,Gas Range,Gas Water Heater,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,Ceiling Fan(s),Handicap Access,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Insulated Windows,Window Coverings
  • Flooring: Concrete,Wood
  • Number of fireplaces: 5
  • Fireplace features: Gas Starter,Living Room,Primary Bedroom,Multiple,Outside
  • Fireplace: Yes

Heating

  • Heating features: Fireplace(s),Hot Water,Radiant

Interior Area

  • Total structure area: 4,950
  • Total interior livable area: 4,950 sqft

Other

  • Dimensions: 735

Property

Details

  • Parcel number: 14654
  • Zoning description: 4 Units
  • Other equipment: Satellite Dish

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Porch
  • Exterior features: Dog Run,Gravel Driveway,Hot Tub/Spa,Shed
  • Has spa: Yes
  • Fencing: Stucco Wall,Wall
  • Residential vegetation: Other

Lot

  • Lot size: 0.38 Acres
  • Features: Corner Lot,Garden,Level

Parking

  • Total spaces: 3
  • Parking features: Attached,Heated Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • 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 $9,986$119,832
Home Insurance *$587$7,044
Property Taxes $3,154$37,848
Electricity $351$4,223
Total$14,078$168,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$482,674/yr
40% on housing$422,340/yr
45% on housing$375,413/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

$399This listing

vs Other Active Listings

Avg $/sqft

ZIP 87571$266
Taos County$309

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)

Price History

DateEventPrice
2026-01-03Listed for sale$2,250,000
2025-12-31Listing removed$2,250,000
2025-06-30Price change$2,250,000
2025-02-04Listed for sale$2,850,000

For Sale by Agent

AgentLisa Cancro
BrokerageTAOS PROPERTIES REAL ESTATE INVESTMENT

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