$518,000

201 Valencia St Las Vegas, NM 87701

Estimated payment $2,898/month

Total Views 16,326
2 Beds
2.5 Baths
1,500 Sq Ft
$345 Price per Sq Ft

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Forced Air Heating and Cooling System
  • Contemporary Architecture
  • Covered Patio or Porch
  • 1-minute walk to Plaza Park

About This Home

Location, Location, Location! This exceptional multi-use property sits on the northeast corner of the historic plaza inLas Vegas, offering a rare blend of history, charm, and modern opportunity. Currently home to Weave and Gather, a distinctive boutique featuring textiles and local art, the building also boasts two beautifully designed one-bedroom, one-bath apartments that rent effortlessly on Airbnb. Spanning approximately 4,200 square feet, the property is thoughtfully divided—over half dedicated to commercial space, while the remaining portion houses two contemporary studio apartments that blend modern comfort with historic charm. Originally built in the late 1800s, this architectural gem was meticulously restored by Christian Mayeur in 2016, transforming it into a fine art gallery with a visiting artist studio and residence. Steeped in history, this site is said to be where, in 1846, Brigadier General Stephen Watts Kearny proclaimed New Mexico part of the United States in LasVegas, New Mexico and where Billy the Kid once spent a few nights in jail. Whether you're an investor seeking a lucrative rental property or an entrepreneur envisioning your business in a prime historic location, this is an opportunity that can’t be overlooked! For more details or to schedule a viewing, reach out today!

Listing Agent

Jeff Salman

NM360 REAL ESTATE License #17914 Listed on: 03/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 2016

Lot Details

  • 5,292 Sq Ft Lot
  • Lot Dimensions are 42' x 126'
  • Xeriscape Landscape

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Northern New Mexico Architecture
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Membrane Roofing
  • Stucco
  • Adobe

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Concrete Flooring

Kitchen

  • Cooktop with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1094092375528

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,650

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Directions: At the corner of Plaza Street and N. Gonzales Street on the NE corner of the Historic Plaza Park in Las Vegas, NM.
  • New Construction: No
  • Year Built: 2016
  • Prop. Type: Residential
  • Architectural Style: Contemporary, Northern New Mexico
  • Carport Y N: No
  • Reso Flooring: Concrete
  • Garage Yn: No
  • Reso Interior Features: Ceiling Fan(s), Fireplace
  • Unit Levels: One
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Free Standing, Master Bedroom, Wood Burning
  • Appliances: Cooktop, Dishwasher, Dryer, Range Hood, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Pitched, Membrane
  • Fencing: Back Yard, Wood
  • Acres: 0.1215
  • Construction Type: Adobe, Frame, Stone, Stucco
  • Exterior Features: Breezeway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio Covered

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 42' x 126'
  • Lot Size Sq Ft: 5292
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 1094092375528

Tax Info

  • Year: 24
  • Tax Annual Amount: 1650

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $518,000 0.0% $345 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $518,000 -- $345 / Sq Ft
Source: New Mexico MLS

Source: New Mexico MLS

MLS Number: 20251296

New Mexico MLS