Magic On the High Road to Taos & Santa Fe ~ tucked away on the famed High Road in Northern New Mexico, just 25 miles from central Taos and not much further to Santa Fe, you will encounter this extraordinary 3,400 sqft estate that perfectly blends unbeatable value with limitless opportunity. 14197 NM-150 isn't just a home; it's two distinct residences that can be either connected as one or self contained. The location offers the idyllic New Mexico lifestyle and the property has immediate built in income generating potential. This nearly half-acre, lush, gem has undergone an extensive, thoughtful renovation, blending fresh, classic, and contemporary finishes. Upon being welcomed onto the premises by the vibrant blooming spring poppies that flood the exterior of the property in the spring time, you feel an immediate sense of magic. The upstairs welcomes you into a charming 2,000+ sqft haven, containing a spacious living room with gleaming oak wood floors, a light-filled open-concept kitchen, and an inviting dining area, kept comfortable by recently installed mini splits that provide the perfect temperature all through out the year. Two wood burning wood stoves and a sunroom provides additional warmth and coziness on cold winter days. You will love the bright, enclosed front porch, a versatile sunroom with a hanging chair, the established animal pen with coop out front, and most certainly the east facing balcony with jaw dropping and inspiring Truchas mountain views over the willow pond and hanging hammock. A succession of perennials bloom through out the warm season in the gardens. For the aspiring artist, craftsperson, shop owner and so forth, the attached studio at the front of the residence near the highway could easily become your commercial space or art gallery, generating even more income. Head down the interior stairwell through a shared utility & storage room, or outdoors along the dreamy stone path to the private entrance under a large territorial portal and here you will stumble upon the immaculate and generously sized two-bedroom apartment. This connected or self-contained unit boasts an open-concept kitchen with authentic Saltillo floors, a highly functional kitchen with custom cabinetry, and an open living room kept cozy by the stone fireplace. Each unit has its own private washer & dryer. Step outside to a captivating green abode with beautiful gardens, shade trees, surrounded by a latilla fence ideal for entertaining friends & family around the fire pit or soaking in the saltwater hot tub. The traditional root cellar for storing all your canned goods is a special feature of the property, as is the fully powered and highly functional detached workshop ready to go for a number of hobbies, extra storage, or yet another income stream. Nestled in the charming village of Pe asco, you're steps away from local favorites like Sugar Nymphs restaurant and the Pe asco Performing Arts Theater. Outdoor adventures abound with Sipapu Ski Resort, Santa Barbara Campground, Dixon Cooperative Market, and renowned wineries like Chiripada and Vivac all nearby. With its proven track record as a highly-rated Airbnb and being offered fully furnished, the short-term or long-term rental possibilities are truly remarkable. This is truly a must-see opportunity to own a versatile, income-generating property in the heart of Northern New Mexico. Are you ready to seize this unique opportunity?