Exceptional 5-Bedroom Home with Vacation and Rental Potential and Artistic Flair near Taos, NM. Discover the incredible investment potential of this unique 5-bedroom, 3-bathroom home in Penasco, just a short drive from Taos. This versatile property has been thoughtfully split into two separate units, each with its own private entrance and yard space, making it ideal for rental opportunities or multi-generational living. Both spaces are beautifully stylized by the current owners, who are experts in carpentry and home design, creating a harmonious blend of functionality and aesthetic appeal. The two-story home is surrounded by a lush garden, lovingly planted by a former master gardener offering a succession of blooming perennials throughout the warm season. The grounds are filled with flourishing blackberries, fragrant Russian sage, and a stunning willow tree, offering a serene and picturesque setting. A renovated workshop with electricity provides ample space for creative projects or hobbies, and an attached commercial art gallery on the upper unit offers a unique venue for artists or entrepreneurs. Each unit provides an inviting retreat with private outdoor spaces, perfect for relaxation or entertaining. The property also features a hot tub, offering a luxurious way to unwind while enjoying the tranquility of the surroundings. Whether you're looking to generate rental income, enjoy a private studio or run an art gallery, or simply enjoy a peaceful lifestyle in a beautiful setting, this property offers endless opportunities. It's a rare chance to invest in a home that allows you to live, create, and flourish all in one place.