939 KIT CARSON RD, TAOS, NM 87571-6445 For Sale

This exceptional mixed-use property offers a rare opportunity to acquire a historically significant asset with flexible zoning, multiple income-generating configurations, and future development potential. Zoned for both residential and commercial use, the property has long served as a successful gallery, studio, and residential compound, and is well suited for continued mixed-use operation, boutique hospitality, event-driven business, creative commercial use, or private investment.

Originally built by acclaimed artisan Thom Wheeler, the main house and gallery spaces are constructed of authentic adobe and feature massive pine vigas harvested from Wheeler Peak and hand-hewn by Wheeler himself, creating an irreplaceable architectural identity that adds meaningful value and market distinction. The property is further enhanced by numerous historic artisan elements, including stained glass windows sourced from churches across America and the original fight bell from Madison Square Garden. An additional adobe structure built in 1840 by Juan Santistevenson adds further historic and cultural significance.

The main residence includes 2 bedrooms and 2.5 baths, while the guest house offers 2 bedrooms and 2 baths with separate private entrances, allowing for flexible residential, hospitality, rental, or live/work use. Situated on two separately deeded lots totaling nearly 1.7 acres, the property also offers subdivision potential for investors seeking long-term upside.

Water resources are a notable asset, with a 3 acre-foot well, surface water rights, and an acequia running through the property near the outdoor kitchen and entertaining area. With its combination of architectural authenticity, commercial-residential flexibility, historic appeal, and land-use potential, this is a compelling opportunity for investors seeking a distinctive Northern New Mexico asset with multiple paths for value creation.