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996 Paseo Del Sur, Santa Fe, NM, 87501

4beds
5baths
3,893sqft
$1,925,000
$494price/sqft
$11,653/moest. monthly cost
$466,120/yrincome needed

About This Home

Just minutes from the Plaza, Canyon Road, and the Railyard District, this 3,896 sq. ft. home on 1.2 private acres offers rare versatility, timeless style, and a premier location. With two fully independent 2-bedroom, 2-bath residences under one roof, Casa Del Sur and Casa Del Norte, the property can be lived in as a spacious 4-bedroom home or used flexibly for multi-generational living, rental income, or creative live/work arrangements. Both interiors reflect the warmth and character of Southwestern design, featuring classic elements like vigas, Saltillo tile floors and exposed adobe and plaster walls. Each residence has its own living spaces, kitchens, and private entrances—offering separation without sacrificing charm. Privately sited and thoughtfully designed, the home also includes a 3-car garage, ample outdoor areas, and quiet surroundings—creating a sense of retreat within easy reach of Santa Fe’s most iconic galleries, restaurants, and historic landmarks. Whether you're looking to live, share, or invest, this unique compound offers possibilities that are increasingly hard to find in Santa Fe.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

8/10
Atalaya Elementary SchoolGrades PK-62.0 mi
6/10
Milagro Middle SchoolGrades 7-84.1 mi
--
Santa Fe EngageGrades 9-127.1 mi

Construction

Condition

  • Year built: 1993

Materials

  • Roof: Flat
  • Construction materials: 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

Basement

  • Basement: Other,See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,Interior Steps
  • Flooring: Brick,Tile
  • Number of fireplaces: 4
  • Fireplace features: Kiva,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Radiant Floor
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 3,893
  • Total interior livable area: 3,893 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 018207209
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Living area range: 3,001-4,000

Lot

  • Lot size: 1.18 Acres

Parking

  • Total spaces: 6
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Wildfire
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 $9,733$116,796
Home Insurance *$512$6,144
Property Taxes $1,132$13,584
Electricity $276$3,321
Total$11,653$139,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$399,531/yr
40% on housing$349,590/yr
45% on housing$310,746/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

$494This listing

vs Other Active Listings

Avg $/sqft

ZIP 87501$482
Santa Fe County$365

vs Homes Sold Last Month

Median $/sqft

ZIP 87501$468
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
2026-04-06Price change$1,925,000
2026-02-03Listed for sale$1,995,000
2026-01-02Listing removed$1,995,000
2025-11-12Price change$1,995,000
2025-09-08Listed for sale$2,100,000
2025-08-04Listing removed$6,000
2025-07-14Listed for rent$6,000
2025-05-17Listing removed$6,000
2025-04-02Listed for rent$6,000
2025-03-18Listing removed$5,000
2024-08-27Listed for rent$5,000
2024-06-22Listing removed--
2024-03-30Listed for rent$5,000
2024-03-03Listing removed--
2024-02-01Listed for rent$5,000
2022-04-26Sold--
2022-03-16Pending sale$1,525,000
2022-03-14Listed for sale$1,525,000
2012-03-24Sold--
2010-07-24Listing removed$938,000
2010-07-16Listed for sale$938,000
2010-03-21Listing removed$1,185,000
2009-12-23Listed for sale$1,185,000
2009-04-17Listing removed$1,185,000
2009-04-14Listed for sale$1,185,000
2008-05-07Listing removed$1,185,000
2008-03-14Listed for sale$1,185,000

For Sale by Agent

AgentStephanie Duran
BrokerageBarker Realty, LLC

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