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40 Santistevan Road, Ranchos De Taos, NM, 87529

1beds
1baths
740sqft
$317,000
$428price/sqft
$1,963/moest. monthly cost
$78,520/yrincome needed

About This Home

Quality-built Adobe residence with detached studio and additional developable parcel totaling approximately 1.66 acres in the rural El Prado community of the greater Taos area. This property has outstanding mountain views and the beauty of sunsets on the Mesa. Built in 2000 with an emphasis on quality materials and traditional character, the 1 bedroom, 1 bath residence features authentic adobe construction, a quality metal roof, and single-zone radiant floor heating designed for efficient year-round comfort with a new pump installed approximately 4 years ago. Interior spaces carry an artistic feel and a loft-style bedroom that adds both function and architectural interest. The home is being offered minimally furnished, creating an easy transition for a new owner seeking a primary residence with potential for additional income producing structures or a private Northern New Mexico getaway. Additional assets of this property include a quality Rheem Water Heater installed approximately 4 years ago, updated Septic Lines from the house to the septic tank in 2025, Fenced yard area adjacent to the studio with an enclosed pull behind camper, utilized as a chicken coop space and the County-maintained Santistevan Road with regular grading schedule. The additional parcel offers future development potential for a guest house or expanded homesite, subject to county requirements and buyer verification. Additionally the 550 Square Foot Semi-Completed Studio space could be completed to a full studio rental property, or used in it's current state as an owner's workshop. Conveniently located near US Highway 64W, the property offers easy access to skiing, hiking, fishing, rafting, and the many outdoor and cultural experiences that define the greater Taos area.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
Anansi Charter SchoolGrades K-83.9 mi
8/10
Taos Cyber MagnetGrades 9-124.7 mi

Construction

Condition

  • Year built: 2000

Materials

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

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Tongue and Groove Ceiling(s)
  • Window features: Window Coverings
  • Flooring: Tile
  • Fireplace features: None

Heating

  • Heating features: Electric,Hot Water,Radiant

Interior Area

  • Total structure area: 740
  • Total interior livable area: 740 sqft

Property

Details

  • Parcel number: 1071152049340
  • Zoning description: Rural Agricultural

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio,Porch
  • Exterior features: Dog Run,Gravel Driveway,Other
  • Fencing: Wood
  • Waterfront features: None
  • Residential vegetation: Sagebrush

Lot

  • Lot size: 1.66 Acres

Parking

  • Parking features: Open
  • Has uncovered spaces: 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
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Avalanche
    AvalancheModerate
  • Cold Wave
    Cold WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Inland Flooding
Avalanche
Cold Wave
Wildfire

FEMA Declared Disasters in Taos 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 $1,602$19,224
Home Insurance *$124$1,488
Property Taxes $89$1,068
Electricity $148$1,780
Total$1,963$23,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,302/yr
40% on housing$58,890/yr
45% on housing$52,346/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: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -5.9%
-5.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$428This listing

vs Other Active Listings

Avg $/sqft

ZIP 87529$347
Taos County$313

vs Homes Sold Last Month

Median $/sqft

ZIP 87529$328
Taos County$285

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
2026-08-18Price change$312,000
2026-05-26Listed for sale$317,000

For Sale by Agent

AgentDaniel Clements
BrokerageBerkshire Hathaway HomeServices Taos Real Estate

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