630 E Alameda St #651, Santa Fe, NM, 87501
About This Home
Envision the possibilities of this 3.27-acre estate, bridging iconic Canyon Road with the dirt stretch of East Alameda, directly beside the famed Compound Restaurant. This is a property of both heritage and horizon, anchored by a 3,829-square-foot historic residence on the Alameda side and a 4,424-square-foot commercial gallery on Canyon Road. Between these lies a hidden enclave of gardens, courtyards, and guest dwellings, including one designed by the celebrated Santa Fe builder Betty Stewart. The main residence, built in 1938 and recognized as a historically contributing building, has been lovingly preserved and enhanced by multiple generations of the same family. Within its adobe walls, you'll find four bedrooms, three full baths, an office, a laundry and craft room, a cedar-lined closet, and a sunroom, each space imbued with warmth & continuity of care. The Canyon Road gallery, leased through 2028, provides longevity and prestige in Santa Fe's most famous arts district. Throughout the grounds, mature trees and plantings and paths connect the various structures - serene, self-contained, and rich with character. The property enjoys full city utilities as well as two private wells, each yielding three acre-fee of water, an invaluable resource for maintaining the grounds or for future expansion. This extraordinary compound merges historic authenticity with modern versatility, one of the few remaining estates to unite Canyon Road and East Alameda in a single private holding. Whether envisioned as a multi-generational family retreat or a bespoke Eastside development, the site's dual access, exceptional size, and RC8AC zoning (allowing for 8 units per acre) make it a truly unique offering. Just moments from Santa Fe's galleries, dining, and cultural landmarks, yet profoundly secluded within its own walls and gardens, this property stands as both a legacy home and an expansive canvas for new possibilities in the heart of the city's most storied neighborhood.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1938
Materials
- Roof: Flat
Type & Style
- Home type: SingleFamily
- Architectural style: Northern New Mexico
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 17
- Bathrooms: 16
- Full bathrooms: 16
Features
- Beamed Ceilings,Interior Steps,Wine Cellar
- Number of fireplaces: 8
- Fireplace features: Gas,Kiva,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Baseboard,Electric,Forced Air,Fireplace(s),Other,Radiant,See Remarks
- Cooling features: Other,See Remarks
Interior Area
- Total structure area: 16,163
- Total interior livable area: 16,163 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Details
- Parcel number: 010274944
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Living area range: 3,001-4,000
Lot
- Lot size: 3.27 Acres
Parking
- Total spaces: 20
- 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
- Winter Weather
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Fe County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $44,244 | $530,928 |
| Home Insurance * | $2,327 | $27,924 |
| Property Taxes | $3,281 | $39,372 |
| Electricity | $1,149 | $13,790 |
| Total | $51,001 | $612,012 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-03 | Listed for sale | $8,750,000 |
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