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1021 Old Santa Fe Trl, Santa Fe, NM, 87505

2beds
4baths
5,241sqft
$3,850,000
$735price/sqft
$23,375/moest. monthly cost
$935,000/yrincome needed

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

24
WalkingCar-Dependent
0
TransitVery Limited Transit
56
BikeBikeable

Schools

6/10
Milagro Middle SchoolGrades 7-82.1 mi
--
Santa Fe EngageGrades 9-125.7 mi

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
    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 $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
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$801,428/yr
40% on housing$701,250/yr
45% on housing$623,333/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

$735This listing

vs Other Active Listings

Avg $/sqft

ZIP 87505$364
Santa Fe County$364

vs Homes Sold Last Month

Median $/sqft

ZIP 87505$345
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
2025-07-24Listed for sale$4,200,000
2025-02-01Listing removed$4,450,000
2024-07-17Price change$4,450,000
2024-02-02Price change$4,750,000
2023-08-03Price change$4,900,000
2023-07-14Listed for sale$5,250,000
2022-09-26Listing removed--
2022-08-19Listed for sale$5,250,000

For Sale by Agent

AgentTimothy C. Van Camp
BrokerageSotheby's Int. RE/Washington

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