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634 Canyon Rd, Santa Fe, NM, 87501

7beds
4baths
4,746sqft
$2,875,000
$606price/sqft
$18,103/moest. monthly cost
$724,120/yrincome needed

About This Home

An Exceptional Canyon Road Property. A rare Santa Fe gem, this stunning property at 634 Canyon Rd offers an unparalleled opportunity to own a central piece of Santa Fe's historic and artistic district. Nestled in the heart of this iconic street known for its world-class galleries, boutiques, and fine dining, this property blends traditional charm with modern comforts. Boasting 3 units and 4700 plus square feet of wonderfully designed space, this unique and quaint property exudes Santa Fe charm. The historic front building has for decades served as a beautiful and fully functional art gallery facing Canyon Rd. The back two units, which have been both residences and artists’ studios, are zoned as live/work spaces in a quiet, secluded setting. Artistic touches distinguish all three buildings. They boast natural materials lovingly selected and worked by respected artisans. The artists’ touch is visible everywhere: in hand-worked wood, polished pavers, hand-painted tiles and other one-of-a-kind features. Kiva fireplaces and natural log wood-beam vigas lend the classic warmth of Southwestern architecture. Step outside into Santa Fe's crisp mountain air on to more than half an acre of gardens and fruit trees irrigated by water from the Acequia Madre, with a graveled private drive and off street parking, a private well, and outdoor sitting areas. Situated on Canyon Road, one of Santa Fe's most celebrated streets, this property is surrounded by over 80 galleries, studios, and boutiques, making it a haven for art enthusiasts and collectors. Canyon Road is renowned for its vibrant art scene, featuring everything from traditional to contemporary works, as well as its fine jewelry and dining establishments. The property has a unique and special Santa Fe history. Artists Allen and Alice Parrott bought the adobe house at 634 Canyon Road from the painter Olive Rush in the 1950s. The property previously belonged to the Rodriguez-Sena families, who had farmed there for over 200 years. The street's charm and cultural significance make it a sought-after destination for visitors and locals alike. Don't miss the chance to experience the magic of Canyon Road. This property suits a range of lifestyles, from full-time residence, to a workspace for creative professionals, to unique investment opportunities.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

6/10
Milagro Middle SchoolGrades 7-82.7 mi
--
Santa Fe EngageGrades 9-126.0 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Built-Up,Flat

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • No Interior Steps
  • Number of fireplaces: 6
  • Fireplace features: Kiva,Wood Burning,Wood BurningStove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Ductless,Forced Air
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 4,746
  • Total interior livable area: 4,746 sqft

Property

Details

  • Parcel number: 012013184
  • Zoning: RAC
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Living area range: 1,501-1,750

Lot

  • Lot size: 0.56 Acres

Parking

  • Total spaces: 10

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
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Inland Flooding
Lightning

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 $14,537$174,444
Home Insurance *$764$9,168
Property Taxes $2,465$29,580
Electricity $337$4,049
Total$18,103$217,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$620,674/yr
40% on housing$543,090/yr
45% on housing$482,746/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

$606This listing

vs Other Active Listings

Avg $/sqft

ZIP 87501$480
Santa Fe County$365

vs Homes Sold Last Month

Median $/sqft

ZIP 87501$468
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
2026-04-08Price change$2,875,000
2025-05-13Price change$3,195,000
2025-04-11Listed for sale$3,375,000

For Sale by Agent

AgentPhillip Varela
BrokerageVarela Real Estate, Inc.

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