Built in the 1920s as a five-room residence, Palacio de Marquesa in Taos has been tastefully expanded—with an east wing and casita added in the 1930s and a garage and adjacent space added in the 1940s. It currently operates as an eight-bedroom, 7,179-square-foot bed-and-breakfast with private manager's quarters, all owned and operated by Heritage Hotels and Resorts, New Mexico's largest hospitality company. The property consists of two tracts totaling 1.214 acres, with the adjacent lot offering numerous opportunities for further development—as wedding or wellness venue with pool(s) and hot tub(s) or a spa—the addition of suites, or the transformation of the estate into a private compound or corporate retreat.