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2116 Avenida De Las Alturas, Santa Fe, NM, 87505

4beds
3baths
2,175sqft
$615,000
$283price/sqft
$3,699/moest. monthly cost
$147,960/yrincome needed

About This Home

Exceptional opportunity to own a versatile, spacious home situated on a beautifully landscaped almost 10,000-square-foot lot in the heart of Santa Fe. Ideally located near the vibrant St. Michael’s Drive shopping corridor, this highly desirable property offers convenient access to dining, shopping, schools, and everything Santa Fe has to offer. Designed with flexibility in mind, the expansive floor plan provides endless possibilities for multi-generational living, separate guest quarters, rental potential, or multiple private living areas with individual access points. An ideal setup for a home office, studio, or small business, the property combines functionality with comfort and charm. There are two large primary bedrooms on the property with one of the primary en-suite's retreat features a whirlpool tub, separate shower, and access to a private upstairs deck showcasing spectacular views. Outside, enjoy a fully fenced yard with thoughtfully designed landscaping, flagstone walkways, and a serene flagstone sitting area shaded by mature trees—perfect for relaxing or entertaining in a peaceful setting. The generous lot also offers ample space for RV or boat parking, along with room for additional workspace, storage, or business needs. Features a built-in dog area designed with comfort and security in mind — a perfect space for pets and animal lovers alike. Whether you are seeking a property with live/work flexibility, income potential, or simply extra room to spread out, this home checks all the boxes. A rare opportunity combining versatility, location, and value—come experience all that this exceptional Santa Fe property has to offer.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

4/10
6/10
Milagro Middle SchoolGrades 7-81.1 mi
--
Santa Fe EngageGrades 9-123.0 mi

Construction

Condition

  • Year built: 1983

Materials

  • Roof: Flat
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Multi-Level
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

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

Features

  • Interior Steps
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 2,175
  • Total interior livable area: 2,175 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 018100318
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Living area range: 2,001-2,500

Lot

  • Lot size: 10,018 sqft

Parking

  • Total spaces: 5
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $3,109$37,308
Home Insurance *$206$2,472
Property Taxes $230$2,760
Electricity $154$1,855
Total$3,699$44,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,822/yr
40% on housing$110,970/yr
45% on housing$98,640/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

$283This listing

vs Other Active Listings

Avg $/sqft

ZIP 87505$372
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
2026-08-03Price change$615,000
2026-06-25Price change$650,000
2026-05-18Price change$685,000
2026-05-13Listed for sale$649,000

For Sale by Agent

AgentGene Valencia
BrokerageKeller Williams Realty

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