231 1/2 Rosario Blvd, Santa Fe, NM, 87501
About This Home
Rarely does a Downtown Santa Fe compound offer this level of versatility, character, and convenience. Just moments from the Historic Santa Fe Plaza, this exceptional property includes a 3-bedroom, 3-bath main residence, an attached 2-bedroom, 2-bath casita, and a coveted 2-car garage with oversized storage space — a true luxury in the downtown area. The main residence offers a contemporary Pueblo feel with stained concrete floors, kiva fireplaces, and all bedrooms upstairs. A spacious, partially covered view deck with mountain vistas, city lights, sunset skies, and gardening beds creates an ideal setting for entertaining or unwinding. The separately metered casita, with high ceilings and generous space, is perfect for guests, extended family, or rental income. Close to renowned restaurants, art galleries, and boutique shopping, this rare in-town property is well suited as a primary residence, second home, or investment opportunity. Potential assumable financing with a 3.5% interest rate further enhances the offering.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1939
Materials
- Roof: Flat
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Features
- Interior Steps
- Flooring: Tile
- Number of fireplaces: 4
- Fireplace features: Kiva
- Fireplace: Yes
Heating & Cooling
- Heating features: Radiant Floor
- Cooling features: Central Air,Refrigerated
Interior Area
- Total structure area: 3,270
- Total interior livable area: 3,270 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Details
- Parcel number: 11944832
- Special condition: Standard
Features
- Levels: Multi/Split
- Living area range: 2,001-2,500
Lot
- Lot size: 5,662 sqft
Parking
- Total spaces: 4
- Parking features: Attached,Direct Access,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered 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
- 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 | $8,085 | $97,020 |
| Home Insurance * | $425 | $5,100 |
| Property Taxes | $938 | $11,256 |
| Electricity | $232 | $2,789 |
| Total | $9,680 | $116,160 |
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 |
|---|---|---|
| 2026-04-21 | Listed for sale | $1,750,000 |
| 2021-07-22 | Sold | -- |
| 2021-06-06 | Pending sale | $1,250,000 |
| 2021-06-03 | Listed for sale | $1,250,000 |
| 2012-04-29 | Listing removed | $975,000 |
| 2011-10-02 | Price change | $975,000 |
| 2011-04-09 | Listed for sale | $1,100,000 |
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