502 Barela Ln, Santa Fe, NM, 87505
About This Home
This stylish and updated home near Frenchy's Park exudes Santa Fe charm, featuring a walled entry courtyard and plaster walls. The cozy living room is open to the kitchen, offering a versatile open floor plan. More highlights include a stunning 2015 master suite with a rain shower, jetted tub, mini-split, and private deck access, where you can enjoy your coffee. The deck offers a new roof that will protect you as you watch the rainfall. Mature trees border the oversized, private backyard and include a stucco shed, with ample space for a casita or garden. Key upgrades from 2015 include a mini-split system, on-demand hot water, a modified bitumen roof, and 200-amp electrical service. The centralized location is perfect for those who want easy access to events in downtown Santa Fe and on the southside. Don’t miss this one. (Furnishings have been virtually staged)
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Roof: Bitumen,Flat
Type & Style
- Home type: SingleFamily
- Architectural style: Northern New Mexico
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Features
- No Interior Steps
- Flooring: Tile,Wood
Heating & Cooling
- Heating features: Baseboard,Hot Water
- Cooling features: Ductless,Refrigerated
Interior Area
- Total structure area: 1,236
- Total interior livable area: 1,236 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Details
- Parcel number: 010686890
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Living area range: 1,001-1,250
Lot
- Lot size: 10,018 sqft
Parking
- Total 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
- Winter Weather
- 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 | $2,674 | $32,088 |
| Home Insurance * | $177 | $2,124 |
| Property Taxes | $312 | $3,744 |
| Electricity | $148 | $1,780 |
| Total | $3,311 | $39,732 |
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 |
|---|---|---|
| 2026-04-23 | Listed for sale | $550,000 |
| 2025-03-01 | Listing removed | $2,500 |
| 2025-01-18 | Listed for rent | $2,500 |
| 2021-03-22 | Listing removed | -- |
| 2021-01-24 | Pending sale | $410,000 |
| 2021-01-22 | Listed for sale | $410,000 |
| 2021-01-10 | Pending sale | $410,000 |
| 2021-01-06 | Listed for sale | $410,000 |
| 2012-01-19 | Listing removed | $199,900 |
| 2011-10-06 | Sold | -- |
| 2011-07-28 | Price change | $199,900 |
| 2011-07-16 | Price change | $124,900 |
| 2011-07-14 | Price change | $141,900 |
| 2011-07-03 | Price change | $124,900 |
| 2011-06-04 | Price change | $141,900 |
| 2011-05-21 | Price change | $149,900 |
| 2011-04-17 | Price change | $159,900 |
| 2011-03-14 | Price change | $169,900 |
| 2011-03-03 | Price change | $193,900 |
| 2011-02-04 | Listed for sale | $199,900 |
View on Zillow