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512 Acequia Madre #A/b, Santa Fe, NM, 87505

4beds
5baths
3,546sqft
$2,235,000
$630price/sqft
$13,140/moest. monthly cost
$525,600/yrincome needed

About This Home

Enjoy the wonders and convenience of living on the historic Eastside while ensconced in the luxury of a historic property that was completely reimagined and renovated in 2023. This pristine residence consists of 4 bedrooms and 4.5 bathrooms, with the primary suite and one of the bedrooms on the main level and 2 guest suites in the upper levels. The property is comprised of 2 condominiums that have been thoughtfully connected to live as a single family home, with the easy option to separate the 2 residences into 2 bedroom & 2 bathroom smaller homes. The original structure has been traced back to 1717 and it was once a general store that served as a hub in the small community. The location directly on the Acequia Madre (the Mother Irrigation Ditch) harkens back to a time when the Eastside was farmland. The property benefits from a rare single vehicle garage and additional guest parking. Enjoy the lifestyle that living one block off of Canyon Road provides, with short walks to some of the finest dining options and galleries in Santa Fe. (Unit A is approximately 2,000 sq ft. and Unit B is approximately 1,545 sq ft.)

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
71
BikeVery Bikeable

Schools

6/10
Milagro Middle SchoolGrades 7-82.5 mi
--
Santa Fe EngageGrades 9-125.7 mi

Construction

Materials

  • Foundation: Slab
  • Roof: Metal,Pitched
  • Construction materials: Adobe,Frame,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Multi-Level,Northern New Mexico
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Cooktop,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Water Heater,Washer,ENERGY STAR Qualified Appliances

Bedrooms & Bathrooms

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

Features

  • Beamed Ceilings,Interior Steps
  • Window features: Insulated Windows
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 3
  • Fireplace features: Gas,Kiva,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Ductless,Forced Air,Natural Gas
  • Cooling features: Central Air,Ductless,Refrigerated

Interior Area

  • Total structure area: 3,546
  • Total interior livable area: 3,546 sqft

Property

Details

  • Parcel number: 099310804
  • Zoning: R5
  • Special condition: Standard

Features

  • Levels: Two,Multi/Split
  • Stories: 2
  • Pool features: None
  • Living area range: 3,001-4,000

Lot

  • Lot size: 0.28 Acres

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $11,301$135,612
Home Insurance *$749$8,988
Property Taxes $838$10,056
Electricity $252$3,025
Total$13,140$157,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$450,514/yr
40% on housing$394,200/yr
45% on housing$350,400/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

$630This listing

vs Other Active Listings

Avg $/sqft

ZIP 87505$366
Santa Fe County$364

vs Homes Sold Last Month

Median $/sqft

ZIP 87505$345
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
2026-05-12Price change$2,385,000
2026-04-09Price change$2,525,000
2026-03-13Listed for sale$2,650,000

For Sale by Agent

AgentNeil D. Lyon
BrokerageSotheby's Int. RE/Grant

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