Recently updated with a rich old world charm and history (formerly El Cuervito Ranch), this private and gated compound is situated in the lush village of Tesuque just steps away from El Nido Restaurant, the famed Tesuque Village Market and the world-renowned Santa Fe Opera. Consisting of 0.754 beautifully manicured acres, the entry courtyard has stone pathways and seasonal greenery, creating a warm and inviting playground for the senses. The property consists of a main house (two bedrooms/two baths), guesthouse (one bedroom/one bath), and three separate studio spaces all served by both a shared well and the Tesuque Community Water System. The interiors of these adobe and frame constructed homes are washed with light and have vast tree-lined views in every direction. Formal living spaces open out onto a plethora of indoor/outdoor entertaining options with sitting portals weaving the beauty of nature into the living environment. There is a nice separation of space between the structures, but the property also offers many uses as it is zoned Rural Commercial, allowing many business options for the homeowner. Classic in style, this sensuous property has been fitted with mini-split heating and A/C, plastered walls, wood floors, vigas and beams, completely walled and tucked away in one of Santa Fe’s finest idyllic locales. The adjacent Lot 2 (0.816 acre) parcel is also available for sale by the owner in conjunction with Lot 1 for $2,700,000 - for both lots. Surface irrigation water rights convey with Lot 2.