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556 1/2 Garcia St, Santa Fe, NM, 87505

2beds
2baths
1,654sqft
$1,200,000
$726price/sqft
$7,326/moest. monthly cost
$293,040/yrincome needed

About This Home

Thoughtfully updated with many recent improvements, this charming home beautifully blends Southwest character with modern comfort. Gated parking provides security and convenience, while the home itself is tucked away on a private lane, offering tranquil surroundings in a prime location. Just a few-minute walk to Canyon Road and only 12 minutes on foot to the Plaza, with its coffee shops, restaurants, and galleries. Enter through a shaded front courtyard, perfect for entertaining or enjoying peaceful evenings, setting the tone for the Santa Fe style carried throughout the home. Inside, vaulted viga ceilings enhance the living room, which features a cozy wood-burning fireplace and skylights for natural light. Saltillo tile flooring adds to the traditional ambiance. The updated kitchen boasts stainless steel appliances, ample storage, and generous workspace. This 1654 square foot home, built in 1967 offers two bedrooms and two bathrooms. The spacious primary suite features decorative tilework and radiant heat in both the bedroom and ensuite bathroom for year-round comfort. Mini-split systems provide additional efficient heating and cooling. The second bedroom is light-filled and opens to the front patio—perfect for guests or a home office. This unique home is a rare find, combining timeless adobe charm with thoughtful updates in a peaceful, private setting. Schedule your private tour today.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

6/10
Milagro Middle SchoolGrades 7-82.4 mi
--
Santa Fe EngageGrades 9-125.7 mi

Construction

Condition

  • Year built: 1967

Materials

  • Foundation: Slab
  • Roof: Flat
  • Construction materials: Adobe,Frame,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Cooktop,Disposal,Microwave,Oven,Range,Refrigerator,Water Heater,Washer

Bedrooms & Bathrooms

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

Features

  • Beamed Ceilings,Interior Steps
  • Flooring: Laminate,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Kiva
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Ductless,Fireplace(s),Natural Gas,Radiant Floor
  • Cooling features: Ductless,Refrigerated

Interior Area

  • Total structure area: 1,654
  • Total interior livable area: 1,654 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 14889792
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Living area range: 1,501-1,750

Lot

  • Lot size: 5,227 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

  • 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 $6,067$72,804
Home Insurance *$402$4,824
Property Taxes $709$8,508
Electricity $148$1,780
Total$7,326$87,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$251,177/yr
40% on housing$219,780/yr
45% on housing$195,360/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

$726This listing

vs Other Active Listings

Avg $/sqft

ZIP 87505$367
Santa Fe County$365

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
2026-04-16Price change$1,200,000
2026-03-10Listed for sale$1,275,000
2025-10-09Listing removed$1,025,000
2025-09-02Price change$1,025,000
2025-08-07Listed for sale$1,175,000
2025-07-31Pending sale$1,175,000
2025-07-11Price change$1,175,000
2025-05-29Listed for sale$1,275,000

For Sale by Agent

AgentYolanda Zamora
BrokerageSotheby's Int. RE/Washington

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