1 year on rocket

720 Karavas Rd, Taos, NM, 87571

$3,395,000

9 Bedrooms
9 Full Baths, 1 Partial
7,780 SqFt
$436/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built1960
HeatingRadiant Floor
CoolingWall/Window Unit(s)
FireplaceKiva
MLS #202341556
Lot Size7.48 Acres
StatusActive

About 720 Karavas Rd

Don’t miss out on this one-of-a-kind luxury property off of Upper Ranchitos Rd in Taos, New Mexico. Located on 7.48 acres and bordered by the Rio Pueblo, 720 Karavas Lane is a beautiful hidden gem within the wide open spaces of Taos. Boasting 9 bedrooms and 9.5 bathrooms, this completely renovated historic adobe home is full of iconic Southwestern details intertwined with thoughtful modern updates. Saltillo tile and brick floors, large vigas, and adobe-styled fireplaces throughout the home bring warmth to the fresh white plaster walls. Contemporary black accents compliment the earth-toned furniture and artwork, which are available for purchase as a complete interior design package. Outdoor accesses, secluded patios and ensuite bathrooms, with custom tiling, ensure ample privacy between the suites. Marvel at the spectacular sunsets through the large windows in the sumptuous great room. The main kitchen is perfect for entertaining thanks to a workhorse back kitchen. The well-stocked bar room with adjacent cocktail lounge ensure everyone’s cup is full. Gather friends and family on the sunny patios and around the firepit in the backyard shaded by mature cottonwoods and apple trees. Impressive landscape architecture, a quintessential horno, bocce ball court, and hot tub complete the outdoor oasis. 720 Karavas Lane, where luxury perfectly intersects cozy. View the video at bit.ly/HiddenHacienda

Property Details

Property Features

Property Information:

  • Architectural Style: Northern New Mexico
  • Year Built: 1960
  • Stories: 2
  • Living Area: 7,780 SqFt

Listing Office:

  • Office Name: Chisum Realty Group
  • Office Phone: (575) 377-2321
  • Listing Agent: Tara Chisum

Interior Features

Interior Information:

  • Basement: No
  • Interior: Interior Steps
  • Fireplace: Kiva

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 9
  • Total Bedroom Count: 9

Lot Features

Lot Information:

  • Lot Size: 7.48 Acres

Utilities

Utilities Information:

  • Heating: Radiant Floor
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From the Taos Plaza, head west on Ranchitos Rd. Turn right on Upper Ranchitos Rd., then turn left on Karavas Rd. Property will be over the bridge on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,395,000
  • Price Per SqFt: $436/SqFt

Tax Information:

  • Annual Amount: $5,823
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Taos, NM.

Med. Sold Price

$581.2K

Med. Price/SqFt

$352

Avg. Days On Market

4

# of Sold Homes

1

720 Karavas Rd vs Taos

376 DAYS ON ROCKET

+372 Days

$3,395,000

+$2.8M More

$436/SqFt

+$83 More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price and $83/SqFt more than other homes in Taos, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202341556

Listing Office:

  • Office Name: Chisum Realty Group
  • Office Phone: (575) 377-2321
  • Listing Agent: Tara Chisum

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,823$300,106
2020$8,791$389,736
2018$8,458$395,026

History based on county public records data.

Payment Calculator

$17K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-290291
3
/10
  • Enos Garcia Elementary School

  • 305 Don Fernando St

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-290292
4
/10
  • Ranchos de Taos Elementary School

  • 200 Ranchos Elementary Rd

  • 3.82 miles

  • Public District Grades PK-5

school-card-donut-290293
4
/10
  • Arroyo del Norte Elementary School

  • 405 Hondo Seco Rd

  • 7.86 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,426. The majority of Taos, NM residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 720 Karavas Rd

What is the listing price of this property?

The listing price of 720 Karavas Rd property is $3,395,000.

What type of property is this?

The property 720 Karavas Rd is a house located in Taos, New Mexico, 87571.

Is this property for sale now?

Active Listing: 720 Karavas Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,823 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 720 Karavas Rd has 9 bedrooms and 9 full and 1 half bathrooms.

What is the square footage of this property?

The property 720 Karavas Rd is 7,780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 720 Karavas Rd is 1960.
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Rocket HomesNew MexicoTaos CountyTaos87571720 Karavas Rd

This home is located at 720 Karavas Rd in Taos, NM and zip code 87571. This 7,780 square foot home, which was built in 1960, sits on a 7.48 acre lot. Features: 9 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since November 02, 2023 and is currently priced at $3,395,000.

In October 2024, from all listings sold in Taos, NM there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Taos, NM decreased by 18.2% between September 2024 and October 2024. In October 2024 median list price was $581,250 and the average listing age was 4 days.

From Rocket Homes Real Estate and based on county public records data.

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