See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

31-A Calle Estevan, Santa Fe, NM, 87507

1beds
1baths
812sqft
$625,000
$770price/sqft
$3,716/moest. monthly cost
$148,640/yrincome needed

About This Home

SELLER FINANCING AVAILABLE! Unleash Your Santa Fe Dream: 5+ Acres of Majesty with Agrarian & Development Potential. Imagine waking to panoramic mountain views on your own private 5.5-acre sanctuary in Santa Fe County. This rare property offers a unique blend of tranquil country living and boundless potential. Whether you're a seasoned equestrian, aspiring rancher, or simply seeking a serene escape, this land delivers; and all within 15 minutes of Santa Fe! A charming country casita provides immediate comfort, while a prime building site awaits your dream home. The property is fully equipped for equestrian or livestock pursuits, featuring a rustic yet maintained 4,000 sq ft two-story 12-stall barn, expansive riding arena, and thousands of feet of horse fencing. Formerly a thriving horse boarding facility and later a successful goat breeding ranchito, the land is primed for your agricultural vision. Benefit from invaluable water rights: a private well with 3.0 grandfathered acre-feet for agrarian use (a Santa Fe rarity) and a shared well for household needs. Approved for up to 6 horses, this property offers immediate income potential for a horse trainer or boarder. Much equipment may convey separately. Enjoy the best of both worlds: peaceful seclusion and convenient access to city amenities. This is more than just land; it's an opportunity to create your ideal Santa Fe lifestyle.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

8/10
--
Santa Fe EngageGrades 9-123.0 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Permanent
  • Roof: Metal
  • Construction materials: Frame,Metal Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,See Remarks
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Water Heater,Washer

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • No Interior Steps
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Ductless,Wood Stove
  • Cooling features: Ductless,Refrigerated

Interior Area

  • Total structure area: 812
  • Total interior livable area: 812 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 54124672
  • Zoning: Other
  • Zoning description: Rural Residential
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Horse Facilities
  • Horses can be raised: Yes
  • Living area range: 501-1,000

Lot

  • Lot size: 5.32 Acres

Parking

  • Total spaces: 10
  • Parking features: Carport
  • Carport: Yes

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

  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Wildfire
Winter Weather
Earthquake
Inland Flooding

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 $3,160$37,920
Home Insurance *$174$2,088
Property Taxes $234$2,808
Electricity $148$1,780
Total$3,716$44,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$127,405/yr
40% on housing$111,480/yr
45% on housing$99,093/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

$770This listing

vs Other Active Listings

Avg $/sqft

ZIP 87507$282
Santa Fe County$366

vs Homes Sold Last Month

Median $/sqft

ZIP 87507$322
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
2026-07-11Listed for sale$625,000
2022-12-23Listing removed--
2022-12-02Listed for sale$500,000

For Sale by Agent

AgentKen R. Martinez
BrokerageKeller Williams Realty

Similar Homes