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Historic Taos property up for sale

Lori - June 27, 2018


By Christopher Ortiz – Managing Editor, Albuquerque Business First



It's not unheard of a Taos property listing for seven figures, but this new listing includes 44 rooms.

The Historic Taos Inn on Paseo del Pueblo is up for sale. The 2-acre property is listed for $7.1 million on Taos Properties.

Taos Properties Real Estate Investment owner John Cancro told the Taos News the inn's owners felt it was time to pass it along to a new owner. The property includes four guest room buildings and two ancillary buildings, which are used for maintenance and storage. Portions of the main building and the inn's Sandoval House were built in the late 1800s, while the courtyard building was constructed in the mid-1930s, according to the property listing. The fourth guest room building, Helen's House, was built in 2006.

The hotel was placed on the National and New Mexico Registers of Historic Places in 1982, the listing says. In the 1890s, Dr. Thomas Paul Martin established his practice at what is now Doc Martin's Restaurant. After Martin's death, artist Helen Martin purchased the inn's additional parcels and constructed the courtyard rooms to open The Hotel Martin in 1936. The current owners purchased the property in 1991 and in 2006, began the renovation of a significant portion of the hotel rooms.

Business First reported in February that another historic Taos hotel, Hotel La Fonda de Taos, was on the market after having dropped in price to $4.99 million. That hotel is still listed for sale. Sagebrush Inn & Suites in Taos changed ownership in 2013 when James Haimsohn and Jared Steinberg purchased the property.