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4 Fair Hope Dr, Abiquiu, NM, 87510

2beds
2baths
1,970sqft
$699,000
$355price/sqft
$4,025/moest. monthly cost
$161,000/yrincome needed

About This Home

Imagine waking to endless skies, where soft morning light stretches across the high desert and the only sounds are the breeze and distant birds. This is a place of deep solitude and quiet inspiration, a landscape that invites reflection, creativity, and possibility. Days unfold slowly under vast blue skies with drifting white clouds, and evenings settle into unforgettable sunsets, with the silhouette of Pedernal Mountain glowing in the distance. At night, the stars take over, offering a front-row seat to the cosmos. This is more than a home, it’s an experience of living fully immersed in the spirit of Abiquiú, a place long cherished by artists like Georgia O'Keeffe. Set on 2.23 acres, this well-maintained 2-bedroom, 2-bath residence offers both comfort and character. In addition to to breathtaking views, the home is thoughtfully appointed with stone countertops, stainless steel appliances, and an induction cooktop, blending modern convenience with a timeless Southwestern feel. Large picture windows expertly frame picturesque vistas from room to room. A covered portal extends the living space outdoors The property includes a converted barn now serving as an artist studio, an inspiring space create surrounded by natural beauty. The studio is equipped with an unfinished bath and kitchenette, with all materials included to complete the vision. Additional features include versatile barn with a loft, roll-up door, and concrete floor, as well as additional hay storage. The property also includes a trailer that can convey with the sale, along with materials needed to finish it into guest accommodations or additional living space, offering excellent flexibility and potential. Located near Abiquiu Lake, Ghost Ranch, Plaza Blanca, and Poshuouinge Ruins, the property offers access to some of the Southwest’s most iconic landscapes, along with local shops and dining in the Abiquiú area. Whether you’re seeking a creative sanctuary, a peaceful escape, or a place to live in harmony with the land, 4 Fair Hope Drive offers an extraordinary opportunity to step into a lifestyle defined by beauty, space, and inspiration.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

1/10
5/10
6/10
Espanola Valley High SchoolGrades 9-1217.2 mi

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Slab
  • Roof: Flat,Membrane,Metal,Pitched
  • Construction materials: Frame,ICFs (Insulated Concrete Forms),Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Water Purifier,Washer,Tankless Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • 3/4 bathrooms: 2

Features

  • Beamed Ceilings,No Interior Steps
  • Window features: Insulated Windows
  • Flooring: Concrete
  • Number of fireplaces: 1
  • Fireplace features: Kiva,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Ductless,Propane,Passive Solar,Radiant Floor
  • Cooling features: None

Interior Area

  • Total structure area: 1,970
  • Total interior livable area: 1,970 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 1039136268090
  • Special condition: Standard
  • Other equipment: Fuel Tank(s)

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Horse Facilities
  • Horses can be raised: Yes
  • Living area range: 1,251-1,500

Lot

  • Lot size: 2.23 Acres

Parking

  • Total spaces: 5
  • 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

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Wildfire
    WildfireRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Drought
Landslide
Winter Weather

FEMA Declared Disasters in Rio Arriba 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 $3,534$42,408
Home Insurance *$215$2,580
Property Taxes $128$1,536
Electricity $148$1,780
Total$4,025$48,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,000/yr
40% on housing$120,750/yr
45% on housing$107,333/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: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$355This listing

vs Other Active Listings

Avg $/sqft

ZIP 87510$388
Rio Arriba County$708

vs Homes Sold Last Month

Median $/sqft

ZIP 87510$332
Rio Arriba County$200

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
2026-04-09Listed for sale$699,000
2022-04-28Sold--
2022-03-09Pending sale$575,000
2022-03-03Listed for sale$575,000
2018-06-19Sold--
2018-05-29Pending sale$336,000
2018-05-01Listed for sale$336,000

For Sale by Agent

AgentCorey R. Kirkpatrick
BrokerageBarker Realty, LLC

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