Palacio de Marquesa is located at 405 Cordoba Lane in Taos, New Mexico and is currently operating as an 8 bedroom bed and breakfast (7,179 SF) with a private manager's quarters (350 SF). The property is currently owned and operated by Heritage Hotels and Resorts (HR&R), New Mexico's largest hospitality company. The property consists of two tracts, both of which are slightly larger then one-half acre totaling 1.214 acre, with the adjacent tract to the bed and breakfast representing an opportunity for further development to expand the number of rooms and amenities to what currently exists. Originally developed in the 1920s as a residence with five rooms, the east wing and casita were added in the 1930s, and the garage and adjacent space were added in the 1940s. The home became a hospitality property named Casa de las Chimineas, operating as such for approximately 25 years, and in 2013, HR&R acquired the property and subsequently, the adjacent lot. The adjacent lot offers numerous opportunities for further development including the possibility of a wedding venue, wellness venue with pool (s) and hot tub (s) , spa and additional suites, or the entire property could be considered for use as a family compound or corporate retreat and compound. A new roof with skylights were added in 2020.