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23 Lavadero Rd, Santa Fe, NM, 87506

5beds
5baths
4,323sqft
$3,250,000
$752price/sqft
$18,898/moest. monthly cost
$755,920/yrincome needed

About This Home

Tranquility, seclusion, and refined living define this beautifully reimagined 6.4 acre dual-residence estate tucked into the Sangre de Cristo foothills. Although located just minutes from the Santa Fe Plaza, SF Opera, Four Seasons Resort, and the village of Tesuque, the property feels wonderfully removed from the world. Adore multiple panoramas of the Sangre de Cristos, the Jemez, and expansive northern badlands. Set beside conservation land, offering long-term privacy, this award-winning design by architect Efthimios Maniatis reflects an organic modern aesthetic, blending clean architectural lines with warm textures, exposed beams, and earthy materials. Mornings begin with sunlight spilling over the ski basin. Evenings invite quiet reflection on the north deck as the Jemez Mountains glow. Open the expansive glass doors in the living area for seamless indoor-outdoor dining beside the patio fireplace, or retreat to a primary suite with a media room and sweeping views. A distinctive feature of both homes is the use of rammed earth accent walls, an ancient construction technique prized for its natural beauty, acoustic calm, and thermal efficiency, making this estate one of a select few in Santa Fe to showcase this coveted architectural element. Both homes were professionally styled in 2024, and furnishings are available separately for a turnkey transition. Completely renovated in 2024, the property offers the confidence of modern systems throughout, including new roofs, kitchens, bathrooms, closets, boilers, whole-house water purification, and integrated smart-home technology with security, audio, high-speed internet, and climate controls. The 2/bed 2/bath, guest house is currently licensed for short term rentals and has generated over $100,000 annually, with existing reservations transferable to the new owner. This exceptional estate combines natural beauty, modern luxury, and investment opportunity in one unforgettable offering.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

9/10
Tesuque Elementary SchoolGrades PK-61.0 mi
6/10
Milagro Middle SchoolGrades 7-89.0 mi
--
Santa Fe EngageGrades 9-1210.8 mi

Construction

Condition

  • Year built: 2008

Materials

  • Roof: Membrane
  • Construction materials: Rammed Earth

Type & Style

  • Home type: SingleFamily
  • Architectural style: Pueblo
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Oven,Range,Refrigerator,Trash Compactor,Water Heater,Water Purifier,Washer,ENERGY STAR Qualified Appliances,TanklessWater Heater

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 3
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,Interior Steps
  • Flooring: Brick,Wood
  • Number of fireplaces: 5
  • Fireplace features: Gas,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Radiant Floor
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 4,323
  • Total interior livable area: 4,323 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 048207290
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Living area range: 3,001-4,000

Lot

  • Lot size: 6.40 Acres

Parking

  • Total spaces: 8
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters in Santa Fe County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,433$197,196
Home Insurance *$709$8,508
Property Taxes $1,449$17,388
Electricity $307$3,688
Total$18,898$226,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$647,931/yr
40% on housing$566,940/yr
45% on housing$503,946/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$752This listing

vs Other Active Listings

Avg $/sqft

ZIP 87506$527
Santa Fe County$364

vs Homes Sold Last Month

Median $/sqft

ZIP 87506$444
Santa Fe County$337

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-09Listed for sale$3,250,000
2025-09-21Listing removed$3,500,000
2025-05-20Price change$3,500,000
2025-03-21Price change$3,800,000
2024-09-20Listed for sale$3,998,775
2023-10-05Sold--
2023-09-08Pending sale$1,679,000
2023-08-28Price change$1,679,000
2023-06-16Listed for sale$1,850,000

For Sale by Agent

AgentTara S. Earley, Sotheby's Int. RE/Washington, Richard L. Allen, Sotheby's Int. RE/Washington
BrokerageSotheby's Int. RE/Washington

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