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637 E Alameda St, Santa Fe, NM, 87501

2beds
2baths
1,851sqft
$1,000,000
$540price/sqft
$6,061/moest. monthly cost
$242,440/yrincome needed

About This Home

This special 1945 2 bedroom, 2 bath adobe home sits across from the tree lined River Walk on the historic Eastside, an easy stroll to both Canyon Road and the Plaza, and has been beautifully remodeled for easy downtown living. A shady front portal sits up from E Alameda, and opens to the living room with its classic corner Kiva fireplace, a formal dining room, and at the back of the house, a large light and bright kitchen which opens to the private walled back yard for al fresco dining and grilling. Each bedroom has its own beautifully updated bath. Both bedrooms and baths are nice sized, and the primary bedroom opens also to the back yard. There are two off street parking spots as well as central air conditioning, new sewer and water line in 2021 and a 400 square foot basement for storage or workshop area. Perfect pied-a-terre, or full-time home from which to enjoy the artistic, cultural and fine dining of Santa Fe’s city center!

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

6/10
Milagro Middle SchoolGrades 7-82.9 mi
--
Santa Fe EngageGrades 9-126.2 mi

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Basement
  • Roof: Flat
  • Construction materials: Frame,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Cooktop,Oven,Range,Refrigerator,Washer

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • No Interior Steps
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Kiva
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 1,851
  • Total interior livable area: 1,851 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 010175175
  • Special condition: Standard
  • Other equipment: Irrigation Equipment

Features

  • Levels: One
  • Stories: 1
  • Living area range: 1,751-2,000

Lot

  • Lot size: 3,920 sqft

Parking

  • Total spaces: 2
  • Parking features: None

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
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Inland Flooding
Lightning

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 $5,056$60,672
Home Insurance *$266$3,192
Property Taxes $591$7,092
Electricity $148$1,780
Total$6,061$72,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,805/yr
40% on housing$181,830/yr
45% on housing$161,626/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

$540This listing

vs Other Active Listings

Avg $/sqft

ZIP 87501$482
Santa Fe County$365

vs Homes Sold Last Month

Median $/sqft

ZIP 87501$468
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)

No zestimate history available

Price History

DateEventPrice
2026-04-06Price change$1,000,000
2026-03-09Price change$1,100,000
2025-06-30Listed for sale$1,200,000
2022-04-18Sold--
2022-03-28Pending sale$950,000
2022-03-24Listed for sale$950,000
2020-10-15Sold--
2020-09-11Pending sale$785,000
2020-07-23Listed for sale$785,000
2020-07-18Pending sale$785,000
2020-07-13Price change$785,000
2020-07-07Listed for sale$824,900
2020-07-06Pending sale$824,900
2020-05-28Price change$824,900
2020-03-20Listed for sale$849,000
2018-04-25Sold--
2018-04-09Pending sale$650,000
2017-09-27Price change$675,000
2017-09-15Price change$699,000
2017-08-11Listed for sale$725,000
2015-02-02Sold--
2014-10-11Price change$559,000
2014-09-04Listed for sale$595,000
2013-11-11Listing removed$650,000
2013-08-20Price change$650,000
2013-06-12Listed for sale$675,000

For Sale by Agent

AgentKatherine Blagden
BrokerageSotheby's Int. RE/Washington

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