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1949 Hano Rd, Santa Fe, NM, 87505

4beds
3baths
2,571sqft
$498,000
$194price/sqft
$3,132/moest. monthly cost
$125,280/yrincome needed

About This Home

Well-located Casa Alegre home offering an exceptional remodel opportunity for buyers seeking extra space, a larger residence, or a flexible live/work environment. The original Stamm-built portion of the home retains its classic charm with hardwood floors and traditional vigas. The spacious floor plan includes multiple bonus rooms that can serve as additional bedrooms, home offices, studios, or creative workspaces. A bonus basement area provides even more flexible-use space. The roof was replaced approximately eight years ago. This property offers tremendous potential and is ready for your vision and updates. Priced to reflect its current condition and being sold as-is.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

5/10
Salazar Elementary SchoolGrades PK-60.3 mi
6/10
Milagro Middle SchoolGrades 7-82.1 mi
--
Santa Fe EngageGrades 9-123.2 mi

Construction

Condition

  • Year built: 1957

Materials

  • Roof: Flat

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Interior Steps
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard,Electric,Floor Furnace,Fireplace(s),Natural Gas,Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 2,571
  • Total interior livable area: 2,571 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 10838656
  • Special condition: Standard

Features

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

Lot

  • Lot size: 6,534 sqft

Parking

  • Total spaces: 5
  • Parking features: Carport,RV Access/Parking
  • Carport: Yes

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
    Winter WeatherRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
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 $2,518$30,216
Home Insurance *$167$2,004
Property Taxes $265$3,180
Electricity $182$2,193
Total$3,132$37,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,382/yr
40% on housing$93,960/yr
45% on housing$83,520/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

$194This listing

vs Other Active Listings

Avg $/sqft

ZIP 87505$374
Santa Fe County$366

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)

Price History

DateEventPrice
2026-07-21Price change$498,000
2026-06-18Price change$510,000
2026-06-01Price change$524,000
2026-05-30Listed for sale$510,000
2014-10-29Sold--

For Sale by Agent

AgentJoaquin J. Sanchez
BrokerageSun Mountain Real Estate

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