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47 State Road 240, Ranchos De Taos, NM, 87557

3beds
2baths
1,200sqft
$380,000
$317price/sqft
$2,349/moest. monthly cost
$93,960/yrincome needed

About This Home

Set on almost one acre in Ranchos de Taos, this 3-bedroom, 2-bath ranch-style home offers space, views, storage, and everyday practicality in a convenient location. This well cared for home features a traditional ranch-style layout with comfortable living areas, good natural light, exceptional views and room to make it your own over time. The floor plan is functional and approachable, with three bedrooms, two bathrooms, and an attached two-car garage offering excellent storage capacity. Whether you need space for vehicles, tools, outdoor gear, hobbies, or household overflow, the garage adds real day-to-day utility. One of the standout features is the view. From the property, you can take in beautiful northeastern views toward the mountain, giving daily life a classic Taos backdrop. The nearly one-acre lot provides room for outdoor living, gardening, pets, parking, projects, or future improvements, subject to any applicable approvals. This is a practical, usable, and inviting Ranchos property with the kind of space that is hard to replace - a comfortable home today, with plenty of opportunity to personalize and build equity for the future. Square footage is approximate and has not been independently verified by Seller or Listing Broker. If square footage is material to Buyer, Buyer should verify to Buyer’s satisfaction.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

--
Sped DisciplineGrades 1-121.6 mi

Construction

Condition

  • Year built: 1987

Materials

  • Roof: Pitched
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Oven,Electric Range,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Walk-In Closet(s)
  • Flooring: Carpet,Linoleum
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Property

Details

  • Parcel number: 1072146259036
  • Zoning description: County
  • Horse amenities: Horses Allowed

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Paved Driveway,Shed
  • Fencing: Wire
  • Waterfront features: None
  • Topography of land: CanyonValley
  • Horses can be raised: Yes

Lot

  • Lot size: 0.90 Acres
  • Features: Cleared

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 $1,921$23,052
Home Insurance *$173$2,076
Property Taxes $107$1,284
Electricity $148$1,780
Total$2,349$28,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,537/yr
40% on housing$70,470/yr
45% on housing$62,640/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

$317This listing

vs Other Active Listings

Avg $/sqft

ZIP 87557$350
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)

Price History

DateEventPrice
2026-08-12Price change$349,000
2026-07-30Listed for sale$380,000
2026-07-24Contingent$380,000
2026-06-25Listed for sale$380,000

For Sale by Agent

AgentChad Belvill
BrokerageDreamcatcher Real Estate

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