$499,000
PENDING

38 Forest Dr Rociada, NM 87742

Estimated payment $3,005/month

Total Views 1,558
3 Beds
3 Baths
2,430 Sq Ft
$205 Price per Sq Ft

Highlights

  • Fireplace in Primary Bedroom
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Deck
  • Separate Outdoor Workshop
  • Tile Flooring

About This Home

Pendaries’ most distinctive and historically significant home—this original residence with many updates and additions over the years, built by the first developer in Pendaries, C.D. (Toad) Leon, captures the essence of timeless design and an exceptional setting. Perfectly positioned along the golf course, the property showcases sweeping Sangre de Cristo mountains and Rociada valley views, offering a setting that is as captivating as it is private. Rich in character, the Spanish-style architecture welcomes you with Saltillo tile floors and classic vigas, creating an inviting setting from the moment you enter. The main level features a thoughtfully designed split two-bedroom, two-bath layout, including an owner’s suite with separate his-and-her sink and dressing areas connected by a Jack-and-Jill bath, all recently updated. And conveniently located off the primary suite is an office. A charming galley kitchen and eat-in-kitchen area is framed by natural light and scenic views, while the living and main dining area opens to both an open and covered spacious deck—designed to maximize both comfort, expanded living, and the stunning surroundings. Adding to the home’s uniqueness, a hidden staircase off the owner’s suite leads below to a sunroom and a private guest suite, both with separate entrances at ground level, offering flexibility for guests or rental income potential. A heated workshop and separate storage are also located at the lower level. A three-car garage provides ample space for vehicles, golf cart, and outdoor gear. Offered mostly furnished with some exceptions, this one-of-a-kind property combines history, charm, and an unbeatable location—an extraordinary find in the heart of Pendaries. Shopping and services about 25 minutes away in Las Vegas and short scenic drives to Taos or Santa Fe.

Listing Agent

Joann Olafson

OLAFSON AGENCY Listed on: 04/20/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,650

Year Built

  • Built in 1963

Lot Details

  • Natural State Vegetation
  • Irregular Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 2,430 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms
  • Secondary Bathroom Double Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Shared Water Source
  • Septic Tank

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R0491942

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,650

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • New Construction: No
  • Year Built: 1963
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • Architectural Style: Pueblo
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Reso Interior Features: Basement, Ceiling Fan(s), Pantry, Fireplace
  • Unit Levels: One
  • Reso Other Structures: Workshop
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room, Master Bedroom, Wood Burning
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer, Water Heater - One
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Stories: 1
  • Bedroom/Bathroom Features: Double Sinks

Exterior Features

  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Deck, Covered

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Utilities: Propane
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating: Forced Air, Propane
  • HeatingYN: Yes
  • Water Source: Water-Community, Water Association

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: R0491942

Tax Info

  • Year: 2026
  • Tax Annual Amount: 3650

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,256 $148,395 $13,780 $134,615
2024 $3,339 $148,373 $13,780 $134,593
2023 $2,302 $101,749 $29,346 $72,403
2022 $2,204 $98,786 $28,492 $70,294
2021 $2,128 $95,909 $27,662 $68,247
2020 $2,121 $93,115 $26,856 $66,259
2019 $2,055 $93,115 $26,856 $66,259
2018 $1,986 $90,403 $26,398 $64,005
2017 $1,855 $87,770 $25,629 $62,141
2013 $1,767 $80,315 $23,452 $56,863
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2026 05/17/26 Pending -- -- --
04/20/2026 04/20/26 For Sale $499,000 +17.4% $205 / Sq Ft
04/03/2023 04/03/23 Sold -- -- -- View Prior Sale
01/16/2023 01/16/23 Pending -- -- --
11/08/2022 11/08/22 For Sale $425,000 0.0% $175 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $425,000 -- $175 / Sq Ft
Source: New Mexico MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- --
Source: Public Records

Source: New Mexico MLS

MLS Number: 20262278

New Mexico MLS

APN: 491942

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