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

4707 Lluvia Encantada, Santa Fe, NM, 87507

2beds
3baths
2,955sqft
$725,000
$245price/sqft
$4,388/moest. monthly cost
$175,520/yrincome needed

About This Home

This is the kind of home that feels easy the moment you walk in, and at less than $300 per square foot, it's the best value in the neighborhood! Built in 2017 and thoughtfully maintained by its original owner, this home offers a flexible and comfortable layout designed for how people really live. While configured as two bedrooms, both are generously sized and function as dual primary suites, each with its own en-suite bath, creating a sense of privacy and ease that’s hard to find at this price point. The second bedroom has it's own sitting room, allowing for multi-generational living. The sellers used that space as a mid-term rental opportunity. The main living area flows naturally between the kitchen, dining, and living spaces, with great natural light and open space. The kitchen is practical, with good storage and workspace, so you’re always part of what’s happening. The primary suite includes an additional sitting area that adds a layer of versatility. It’s an ideal space for a reading nook, media area, or quiet retreat within the home. Near the front entry, a separate flex space offers even more options, whether you need a home office, studio, or creative space. Outside, the lot provides room to enjoy Santa Fe’s outdoor living, with space to create seating areas, garden, or simply take in the open sky. The location makes daily life simple, with convenient access to shopping, dining, and perhaps your commute to Los Alamos or Albuquerque.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

4/10
Pinon Elementary SchoolGrades PK-61.4 mi
6/10
Milagro Middle SchoolGrades 7-84.0 mi
--
Santa Fe EngageGrades 9-121.2 mi

Construction

Condition

  • Year built: 2017

Materials

  • Roof: Pitched

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • No Interior Steps

Heating & Cooling

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

Interior Area

  • Total structure area: 2,955
  • Total interior livable area: 2,955 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 99308485
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Living area range: 2,501-3,000

Lot

  • Lot size: 8,712 sqft

Parking

  • Total spaces: 5
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Winter Weather

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 $3,665$43,980
Home Insurance *$202$2,424
Property Taxes $311$3,732
Electricity $210$2,521
Total$4,388$52,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,445/yr
40% on housing$131,640/yr
45% on housing$117,013/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

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 87507$284
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
2026-05-07Listed for sale$875,000

For Sale by Agent

AgentBuneesa Terry
BrokerageReal Broker LLC.

Similar Homes