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2531 Camino Cabestro, Santa Fe, NM, 87505

2beds
2baths
1,069sqft
$413,250
$387price/sqft
$2,627/moest. monthly cost
$105,080/yrincome needed

About This Home

Discover the charm of Santa Fe living in this inviting Pueblo-style home. The backyard is beautifully landscaped designed for relaxing and entertaining. A spacious covered patio with a pergola provides the perfect setting for outdoor dining, morning coffee, or evening gatherings. The generous yard features mature trees and shrubs, raised garden beds, low-maintenance landscaping, and plenty of space to garden, entertain, or simply enjoy the peaceful surroundings. Inside, the home offers a comfortable and functional layout and classic Santa Fe character. Whether you're looking for a full-time residence, a second home, or an investment opportunity, this property offers a wonderful combination of indoor comfort and outdoor living. Conveniently located with easy access to shopping, dining, parks, trails, and everything Santa Fe has to offer, this home is ready for its next owner to make it their own. Roof, Windows and appliances, were replaced in 2018.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

4/10
6/10
Milagro Middle SchoolGrades 7-81.2 mi
--
Santa Fe EngageGrades 9-122.8 mi

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Flat
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Washer

Bedrooms & Bathrooms

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

Features

  • No Interior Steps
  • Flooring: Tile,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,069
  • Total interior livable area: 1,069 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 016008007
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Living area range: 1,001-1,250

Lot

  • Lot size: 8,276 sqft

Parking

  • Total spaces: 4
  • Parking features: Attached,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

  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Winter Weather

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 $2,089$25,068
Home Insurance *$138$1,656
Property Taxes $252$3,024
Electricity $148$1,780
Total$2,627$31,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,068/yr
40% on housing$78,810/yr
45% on housing$70,053/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

$387This 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)

No zestimate history available

Price History

DateEventPrice
2026-08-16Pending sale$413,250
2026-07-31Listed for sale$413,250
2018-07-30Listing removed$245,000
2018-06-18Pending sale$245,000
2018-06-05Price change$245,000
2018-05-21Pending sale$242,000
2018-05-08Listed for sale$242,000
2015-10-15Listing removed$212,000
2015-09-04Listed for sale$212,000

For Sale by Agent

AgentPricy Madrid
BrokerageHomewise, Inc

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