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624 E Alameda St Unit 12, Santa Fe, NM, 87501

3beds
4baths
2,654sqft
$1,419,000
$535price/sqft
$8,578/moest. monthly cost
$343,120/yrincome needed

About This Home

Tucked within a gated enclave in Santa Fe’s highly sought-after Historic Eastside, this exceptional 3-bedroom, plus bonus room, perfect for den/office/TV room (or 4th bedroom), and 4-bath residence offers the perfect blend of charm, comfort, and convenience. Ideally positioned between Alameda and Canyon Road, step outside one complex gate and find yourself on Canyon Road, step out the other gate and there you are on E. Alameda where you can stroll downtown along the Santa Fe River. Designed for both relaxed living and effortless entertaining, the home features four traditional kiva fireplaces that add warmth and authentic Southwestern character throughout plus central heating and air conditioning ensure year-round comfort. The thoughtfully designed layout includes generous storage and four inviting outdoor living spaces—perfect for enjoying Santa Fe’s stunning climate. One outdoor area is highlighted by its own kiva fireplace and tranquil water feature, creating a peaceful retreat for morning coffee or evening gatherings. A rare and coveted amenity for this historic area, the property includes a spacious two-car garage—an exceptional find in the Eastside. The gated setting provides security and privacy, making this an ideal “lock and leave” residence for part-time owners or those seeking a low-maintenance lifestyle with recent upgrades including a new roof and stucco. Currently utilized as a successful short-term rental and second home, the property offers flexibility and income potential. Whether you’re seeking a full-time residence, vacation escape, or investment opportunity, this unique Santa Fe home delivers timeless appeal in an unbeatable location. Rental History available upon request.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

6/10
Milagro Middle SchoolGrades 7-82.8 mi
--
Santa Fe EngageGrades 9-126.1 mi

Construction

Condition

  • Year built: 1981

Materials

  • Roof: Flat

Type & Style

  • Home type: Condo
  • Architectural style: Pueblo
  • Property subType: Condominium

Interior

Appliances

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

Bedrooms & Bathrooms

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

Features

  • Interior Steps
  • Number of fireplaces: 4
  • Fireplace features: Kiva,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 2,654
  • Total interior livable area: 2,654 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 18309712
  • On leased land: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Living area range: 2,501-3,000

Parking

  • Total spaces: 4
  • Parking features: Detached,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
    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 $7,175$86,100
Home Insurance *$377$4,524
Property Taxes $838$10,056
Electricity $188$2,264
Total$8,578$102,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$294,102/yr
40% on housing$257,340/yr
45% on housing$228,746/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

$535This listing

vs Other Active Listings

Avg $/sqft

ZIP 87501$481
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
2026-04-10Listed for sale$1,419,000
2019-12-02Sold--
2019-10-12Pending sale$675,000
2019-10-04Price change$675,000
2019-08-31Listed for sale$720,000
2019-08-29Pending sale$720,000
2019-08-28Price change$720,000
2019-07-23Listed for sale$749,000
2019-07-13Pending sale$749,000
2019-07-08Price change$749,000
2019-05-13Price change$799,000
2019-04-20Listed for sale$844,900

For Sale by Agent

AgentElizabeth "Liz" Sheffield
BrokerageBarker Realty, LLC

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