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22 Palo Duro Rd, Santa Fe, NM, 87506

1beds
1baths
1,661sqft
$825,000
$497price/sqft
$4,917/moest. monthly cost
$196,680/yrincome needed

About This Home

A true artist’s sanctuary in the secluded Tesuque valley built by the owner/artist as a creative space for work and inspiration. Leave the madding world behind as you enter this purpose built studio with cathedral ceilings formed by the steep pitch of the pro-panel roof. Modest finishes enhance the sense of peacefulness and the layout is practical both for a working studio (with plenty of storage for all associated artistic accoutrements) and as a functioning gallery. A mezzanine floor provides office/sleeping possibilities with great views over the treetops to nearby hillsides and the Sangre de Cristo mountains rising above. The gardens and landscaping await refreshment and can easily be brought back to verdant splendor. This versatile space offers potential for re-imagining as a permanent residence or to embrace its current use and continue its artistic life. A secluded studio/retreat conveniently located near the iconic Tesuque Village Market, the Bishop's Lodge Auberge resort, the Four Seasons Rancho Encantado and, of course, all the amenities of Santa Fe just a 5 minute drive away. An eclectic, fun property nestled in the woods for tranquil living and creative endeavors.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

9/10
Tesuque Elementary SchoolGrades PK-61.1 mi
6/10
Milagro Middle SchoolGrades 7-87.0 mi
--
Santa Fe EngageGrades 9-129.2 mi

Construction

Condition

  • Year built: 1990

Materials

  • Roof: Metal,Pitched
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Interior Steps
  • Flooring: Wood

Heating & Cooling

  • Heating features: Radiant Floor
  • Cooling features: None

Interior Area

  • Total structure area: 1,661
  • Total interior livable area: 1,661 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 099307499
  • Zoning: Rural Residential
  • Special condition: Standard
  • Other equipment: Irrigation Equipment

Features

  • Levels: Two
  • Stories: 2
  • Living area range: 1,501-1,750

Lot

  • Lot size: 1 Acres
  • Features: Drip Irrigation/Bubblers

Parking

  • Total spaces: 5
  • Parking features: None

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 FloodingRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Winter Weather
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 $4,171$50,052
Home Insurance *$180$2,160
Property Taxes $418$5,016
Electricity $148$1,780
Total$4,917$59,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,582/yr
40% on housing$147,510/yr
45% on housing$131,120/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

$497This listing

vs Other Active Listings

Avg $/sqft

ZIP 87506$537
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
2026-08-03Listed for sale$825,000

For Sale by Agent

AgentHans Loehr
BrokerageCorcoran Plaza Properties

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