Captivate yourself into the rich history of the Ranchos De Taos and Talpa community. Nestled amidst the expansive ranchlands and abundant farmlands at the foot of Talpa Ridge and the majestic Sange de Cristo Mountain Range, this verdant 1.05-acre property presents an abundance of untapped potential. Conveniently built upon this property is a charming home constructed approximately in 1955, boasting a spacious 2,473-square-foot layout. The lower level, comprising a 598-square-foot, three-bonus room unit, offers a cozy retreat, while the upper level, spanning 1,875 square feet and featuring two bedrooms, provides a more expansive living experience. The home is equipped with two full bathrooms and a well-appointed kitchen, complemented by two inviting living rooms. Throughout the house, a decorative blend of carpet, wood, and laminate tile flooring adds a touch of cozy ambiance. Outside the residence, an outdoor covered patio currently as a space to bbq and entertain. You will discover a substantial four-bay garage and workshop, conveniently integrated with an attached studio that includes a bathroom, living space, and compact kitchenette. At the northern end of the workshop, a spacious one-car carport further enhances the property's functionality. This property possesses immense potential for the discerning owner who seeks to create a truly viable living experience. Invite yourself to explore the allure of this property and discover the captivating possibilities that await you.