This recently renovated property is a rare gem, featuring TWO homes in ONE! Located between Santa Fe and Taos on the famous High Road to Taos, this home boasts a remarkably high value for the price, plus income generating opportunities. It sits on almost half an acre, is approximately 3,400 square feet with five bedrooms, three bathrooms, and two kitchens. The upstairs and downstairs are connected by a staircase inside a large storage room, providing the option of the levels being openly connected for a large family or separated as two units with their own private entrances. Upstairs is a charming 2,000+ square foot home featuring an open concept kitchen with an eat-in area, two wood burning fireplaces, a large living room and beautiful wood floors. It also includes an enclosed front porch with large windows, a sunroom that can be used as an additional bedroom and a balcony with mountain views. An attached light filled studio space could be utilized as a gallery or commercial space. Downstairs is a very large, recently remodeled, two-bedroom apartment. This features an open concept kitchen with saltillo floors and a living room with a cozy pass-through stone fireplace. The downstairs unit comes fully furnished with incredible short or long-term rental potential. This is absolutely a MUST SEE with beautiful gardens and shade trees in the warmer months. It includes an animal pen, a chicken coop, and a root cellar. There are private courtyards surrounded by beautiful latilla fencing, a saltwater hot tub, expansive covered portal, a fire pit, and plenty of parking on the property. There is also a detached workshop for hobbies, extra storage, or other income-generating possibilities. Nestled in the adorable village of Peasco with the popular Sugar Nymphs restaurant, convenience stores, and the Peasco Theater. It is also near Sipapu Ski Resort, Santa Barbara Campground, Dixon Market, and Chiripada and Vivac Wineries. Don't miss this incredible opportunity!