




5581 Highway 41, Lamy, NM, 87540
About This Home
Built in the 1880s along the Atchison, Topeka & Santa Fe line, this building first served as the Santa Fe Railroad Station and, after 1908, housed railroad crews in Lamy. In 1974, it was lifted from its foundation and moved to 5.93 acres in the Galisteo Basin, where it was given a second act. The setting cannot be manufactured. Neighbors are barely visible. Cerro Pelon Ranch runs 15,000+ acres to the south and west; conservation easements hold sixteen acres to the north; Singleton Ranch stretches ten thousand more east. Views run a full 360 degrees from every room. This property is outside the Village of Galisteo, answering only to County code. Taken to its bones in 2019: original redwood framing, wood floors, and beams stayed; wiring, plumbing, well, and septic were replaced. Corrugated Galvalume wraps the original redwood siding, and the original Gothic Arch tile roof remains overhead. Industrial farmhouse vibes give this home a comfortable but contemporary feel. The main house is 2,311 sq ft on one level, with two bedrooms and 1 full and 1 three-quarter bath; the flex space is being used as an office. A patio greets you on the east; the west portal is where the sunsets happen. A 2023–24 expansion added a dressing room and a den off the primary that is stubbed for gas if you want to add a fireplace. The detached 880 sq ft guest house, dubbed the View Shed, is one bedroom, one three-quarter bath, with westward views. The final building is 1,749 sq ft of heated space, featuring a gallery below with two studios above. This building also has insulated art storage, a work sink, small gym space, an oversized garage, and an entertaining courtyard that can be wired for string lights. There is also a 2nd-floor, west-facing view deck. This home is on a private well with cistern backup. Most spaces are heated and cooled by ductless mini-splits; there are underground utilities, a new septic with additional space if needed, 2 large exterior storage areas, and a 2024 buried propane tank. Horses allowed.
Getting Around
Schools
Construction
Condition
- Year built: 1952
Materials
- Foundation: Permanent,Slab
- Roof: Metal,Other,Pitched,See Remarks,Tile
- Construction materials: Frame,Metal Siding,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary,Other,See Remarks
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Gas Cooktop,Gas Water Heater,Oven,Range,Refrigerator,Water Purifier
Basement
- Has basement: Yes
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 1
- 3/4 bathrooms: 3
- 1/2 bathrooms: 1
Features
- Interior Steps
- Window features: Insulated Windows
- Flooring: Tile,Wood
Heating & Cooling
- Heating features: Ductless,Electric
- Cooling features: Ductless,Refrigerated
Interior Area
- Total structure area: 5,020
- Total interior livable area: 5,020 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Details
- Parcel number: 106001900
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Exterior features: Horse Facilities
- Horses can be raised: Yes
- Living area range: 2,001-2,500
Lot
- Lot size: 5.93 Acres
Parking
- Total spaces: 10
- Parking features: Attached,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Inland Flooding
- Lightning
- Winter Weather
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 | $7,534 | $90,408 |
| Home Insurance * | $477 | $5,724 |
| Property Taxes | $558 | $6,696 |
| Electricity | $356 | $4,283 |
| Total | $8,925 | $107,100 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $1,490,000 |
