school In our quest to find the most interesting historical shelters, we fully admit to being suckers for a good school house conversion, and this example in the historic mining village of Hillsboro, New Mexico, does not disappoint.

The school was built in the 1800s, listing agent Crystal Lay with Steinborn & Associates Real Estate said, and it taught generations of elementary school students in the mining town.

More recently, it’s been beautifully renovated, and the sellers took pains to incorporate wonderful details into that renovation.

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Our Splurge: Mariposa Ranch and Equestrian Center, Taos, New Mexico is currently listed by David Fries of Sotheby’s International Realty Santa Fe for $2,900,000.

Town or country? In this week’s Splurge vs. Steal it’s hard to choose. That’s because we are taking you to Taos, New Mexico – one of America’s foremost art colonies, where high desert living meets historic adobe architecture and breathtaking Sangre de Cristo Mountain views. For this reason, we zeroed in on two exceptional Taos retreats, each with impressive locations, architecture, and amenities, but with price points that are miles apart. Which one would you choose, the sprawling Equestrian splurge or the in-town adobe steal? Be sure to let us know in the comments.

Take your pick on SecondShelters.com

Taos Ridge 2Our trusted Dallas Addison, lawyer and vacation/recreation home consultant extraordinaire, returned recently from a ski trip to Taos, New Mexico, where the once family-owned resort has been sold to conservation billionaire Louis Bacon. Bacon, the 55 year old founder and Chief Executive Officer of Moore Capital, is estimated by Forbes to be worth $1.4 billion. Late last year, he inked a deal to acquire the sleepy but STEEP New Mexico ski resort many of us know too well, Taos. Bacon graduated from Middlebury in Vermont, and was in my brother-in-law’s class for his Columbia’s M.B.A. Forbes says he has a history of land conservation efforts and “has personally set aside 200,000 acres of land in New York, North Carolina, and his home state of Colorado.” Sounds like we need to meet this guy!

Well, let’s see what Dallas Addison and his daughter say about the place under the sleek new management.

Taos Ridge 2Our trusted Dallas Addison, lawyer and vacation/recreation home consultant extraordinaire, returned recently from a ski trip to Taos, New Mexico, where the once family-owned resort has been sold to conservation billionaire Louis Bacon. Bacon, the 55 year old founder and Chief Executive Officer of Moore Capital, is estimated by Forbes to be worth $1.4 billion. Late last year, he inked a deal to acquire the sleepy but STEEP New Mexico ski resort many of us know too well, Taos. Bacon graduated from Middlebury in Vermont, and was in my brother-in-law’s class for his Columbia’s M.B.A. Forbes says he has a history of land conservation efforts and “has personally set aside 200,000 acres of land in New York, North Carolina, and his home state of Colorado.” Sounds like we need to meet this guy!

Well, let’s see what Dallas Addison and his daughter say about the place under the sleek new management.