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11 Paseo Del Halcon, Santa Fe, NM, 87506

3beds
3baths
3,312sqft
$1,904,400
$575price/sqft
$11,499/moest. monthly cost
$459,960/yrincome needed

About This Home

Set on 2.5 acres in Santa Fe’s desirable northwest corridor, this is a true build-to-suit opportunity offered as a complete home-and-land package. The lot is not available separately. This is about creating something intentional from the ground up in a setting that offers space, privacy, and easy access to town. We’ve partnered with Sangre de Cristo Designs, one of Santa Fe’s respected design-build firms, to bring this opportunity to life. The current concept envisions approximately 3,312 square feet of thoughtfully designed living space, with flexibility to adjust the size, layout, and finishes to reflect your vision and lifestyle. The plan serves as a starting point. Refine the footprint. Adjust the flow. Elevate the level of finish. Whether your style leans toward classic Santa Fe architecture with plaster walls, vigas, and warmth, or a more contemporary interpretation that captures natural light and the surrounding landscape, the process is collaborative from the first design meeting through completion. From architectural planning and material selections to on-site project management, the experience is structured, transparent, and guided. Estimated build time is approximately 12 months, subject to county approvals. Owner/Broker. Lot Price not included (Lot MLS# 202504237). Images are AI renderings.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

8/10
--
Santa Fe EngageGrades 9-126.4 mi

Construction

Condition

  • Property condition: To Be Built
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Flat,Other,See Remarks

Type & Style

  • Home type: SingleFamily
  • Architectural style: Northern New Mexico,Spanish,Territorial
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

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

Features

  • No Interior Steps
  • Number of fireplaces: 1
  • Fireplace features: Kiva
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 3,312
  • Total interior livable area: 3,312 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 950003189

Features

  • Levels: One
  • Stories: 1
  • Living area range: 3,001-4,000

Lot

  • Lot size: 2.50 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Inland Flooding
    Inland FloodingModerate
  • 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 $9,629$115,548
Home Insurance *$415$4,980
Property Taxes $1,220$14,640
Electricity $235$2,825
Total$11,499$137,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$394,251/yr
40% on housing$344,970/yr
45% on housing$306,640/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

$575This listing

vs Other Active Listings

Avg $/sqft

ZIP 87506$532
Santa Fe County$365

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)

Price History

DateEventPrice
2026-03-19Price change$1,904,400
2026-01-12Price change$1,610,000
2026-01-09Listed for sale$1,666,500
2025-12-22Listing removed$1,676,500
2025-11-08Price change$1,676,500
2025-09-22Listed for sale$1,849,000

New Construction

AgentLaura J. Barber
BrokerageSotheby's Int. RE/Washington

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