A walk to Taos Plaza estate sited on approximately one, park-like acre of land rarely comes to market! 315 Theodora Street is an authentic 2,365 square feet mid-century adobe structure located on one of Taos' premiere streets with views of Taos Mountain and the Sangre de Cristo foothills. This property offers such flexibility...move in now and complete cosmetic renovations over time; create a spectacular Northern New Mexican period renovation, or use it as a canvas to re-imagine a contemporary mid-century modern rebirth. Whatever choice, this property promises a smart investment with prospective equity gain in a sought after location. A traditional zaguan entry into a private courtyard through a winding portal is reminiscent of a hacienda main house. Inside double doors entry lies a stone floored foyer with a cozy fireplace study to the side, leading into a very spacious Living/Dining area with a stacked rock fireplace. Off the Living Area and Study is a kitchen with eat-in bar and a Butler's Pantry/Utility Room with separate entry. From the kitchen are stairs to an additional 484 square feet basement.