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8 S Arroyo Ridge Rd, Santa Fe, NM, 87508

4beds
3baths
2,616sqft
$999,000
$382price/sqft
$5,942/moest. monthly cost
$237,680/yrincome needed

About This Home

A rare opportunity in Rancho Viejo! This beautifully renovated single-level 4-bedroom, 3-bathroom home was built in 2002 and sits on 1.2 acres with sweeping views of the Sangre de Cristo foothills. Thoughtfully updated from top to bottom, every surface has been touched with care and high-quality craftsmanship. The open-concept floor plan offers effortless flow and versatility. A spacious living room with beautiful viga ceilings and a wood-burning kiva fireplace provides the perfect setting for entertaining. The fully reimagined kitchen features stone countertops, brand-new stainless steel appliances, and two islands—each with bar seating—while the adjacent dining area connects seamlessly to a cozy den with a gas fireplace, creating a warm and inviting gathering space. Step into the backyard and discover a private oasis: a large koi pond with water feature, covered portal with built-in grill, and a separate pergola with a gas firepit—perfect for relaxing or stargazing. The Rancho Viejo trail system is directly accessible from the yard. The primary suite enjoys stunning foothill views, a gas fireplace, direct access to the backyard portal, and the soothing sound of the water feature. The spa-like primary bath includes double vanities, a large walk-in shower, natural light, and garden views. Two guest bedrooms share a full bath in the South wing, while a third guest suite—located privately at the North end—shares a full bath that also serves as the guest powder room. A flexible bonus room near the living area functions beautifully as an office, hobby room, or reading nook. The show-stopper garage can be a 2-car garage with a very large storage area/workshop or a 3-car garage with storage/workshop! On the market for the first time, this home was custom built in 2002 for the current owners, who have lovingly maintained and recently renovated it with exceptional care. This is a rare find and a true Rancho Viejo treasure.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
Milagro Middle SchoolGrades 7-85.2 mi
--
Santa Fe EngageGrades 9-123.1 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Slab
  • Roof: Membrane
  • Construction materials: Frame,Stucco

Other

  • Builder name: Raymond Sandoval Sr

Type & Style

  • Home type: SingleFamily
  • Architectural style: Pueblo
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Cooktop,Disposal,Gas Water Heater,Oven,Range,Refrigerator,See Remarks,Water Heater,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Beamed Ceilings,Interior Steps
  • Flooring: Laminate,Tile,Wood
  • Number of fireplaces: 3
  • Fireplace features: Gas,Kiva,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Radiant Floor,Stove
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 2,616
  • Total interior livable area: 2,616 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 990002274
  • Special condition: Standard

Features

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

Lot

  • Lot size: 1.14 Acres

Parking

  • Total spaces: 4
  • 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

  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Wildfire
Winter Weather
Earthquake
Inland Flooding

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 $5,051$60,612
Home Insurance *$250$3,000
Property Taxes $456$5,472
Electricity $185$2,231
Total$5,942$71,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$203,725/yr
40% on housing$178,260/yr
45% on housing$158,453/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

$382This listing

vs Other Active Listings

Avg $/sqft

ZIP 87508$293
Santa Fe County$365

vs Homes Sold Last Month

Median $/sqft

ZIP 87508$337
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
2026-04-09Listed for sale$1,050,000
2026-03-23Pending sale$1,050,000
2026-03-06Price change$1,050,000
2026-01-27Listed for sale$1,150,000

For Sale by Agent

AgentStephanie Duran
BrokerageBarker Realty, LLC

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