




1021 Old Santa Fe Trl, Santa Fe, NM, 87505
About This Home
In recent years, much has been made about the treasure of Forrest Fenn, but perhaps the most meaningful treasure the renowned art dealer and author ever possessed was this idyllic oasis off the historic Old Santa Fe Trail in the capital city of New Mexico. Occupying 2.65 remarkably verdant acres, the gated estate is a hidden green gem, lush with trees, aspens, cottonwoods, pines, pinons, and a towering weeping willow that thrive alongside apricot, pear, apple, cherry, and peach trees as well as grape vines, flourishing lawn and wild grasses, and flowering plants and vines, all maintained by an irrigation system fed by a private well. The heart of the property is a warm, welcoming 4,596 square-foot residence custom-designed featuring handsome Beijing slate floors, soaring ceilings recalling an Old World chapel, diamond-finish plaster walls, vintage Spanish Colonial doors, a plethora of oversized windows and French doors, clever built-ins designed for the display of collectibles, a striking spiral staircase crowned by a skylight, and a wraparound portal. A portion of this breezy, relaxing outdoor space overlooks another rarity, a pond and waterfall fed by a recirculating stream. An ecosystem for fish, frogs, turtles, and all manner of wild birds, including ducks. Near the property gates is a 645 square-foot guest casita or studio with soaring ceilings, floods of light, a kitchenette, a bath, and storage space. A paved drive leads through the grounds to the finished three-car garage, which includes additional storage and benefits from a heated threshold. While the property is lush, private, secure, and quiet, extending away from the road across an arroyo, the attractions and amenities of Museum Hill, Canyon Road, and the historic Plaza are mere moments away.
Getting Around
Schools
Construction
Condition
- Year built: 1989
Materials
- Foundation: Basement,Slab
- Roof: Bitumen,Flat
- Construction materials: Adobe,Frame,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Multi-Level,Pueblo
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Gas Cooktop,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Water Softener,Trash Compactor,Water Heater,Water Purifier,Washer
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Features
- Beamed Ceilings,Interior Steps
- Window features: Insulated Windows
- Flooring: Carpet,Stone,Tile
- Number of fireplaces: 3
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas,Radiant Floor
- Cooling features: Ductless,Refrigerated,Wall/Window Unit(s)
Interior Area
- Total structure area: 5,241
- Total interior livable area: 5,241 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Details
- Parcel number: 010315136
- Zoning: R-1, 2, 3, 4, 5, 6
- Special condition: Standard
- Other equipment: Irrigation Equipment
Features
- Levels: Two,Multi/Split
- Stories: 2
- Living area range: 4,001-5,000
Lot
- Lot size: 2.65 Acres
- Features: Drip Irrigation/Bubblers
Parking
- Total spaces: 10
- Parking features: Attached,Direct Access,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
- 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 | $19,467 | $233,604 |
| Home Insurance * | $1,291 | $15,492 |
| Property Taxes | $2,245 | $26,940 |
| Electricity | $372 | $4,471 |
| Total | $23,375 | $280,500 |
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 |
|---|---|---|
| 2025-07-24 | Listed for sale | $4,200,000 |
| 2025-02-01 | Listing removed | $4,450,000 |
| 2024-07-17 | Price change | $4,450,000 |
| 2024-02-02 | Price change | $4,750,000 |
| 2023-08-03 | Price change | $4,900,000 |
| 2023-07-14 | Listed for sale | $5,250,000 |
| 2022-09-26 | Listing removed | -- |
| 2022-08-19 | Listed for sale | $5,250,000 |
