See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1223 La Rambla, Santa Fe, NM, 87505

4beds
5baths
5,782sqft
$3,450,000
$597price/sqft
$21,041/moest. monthly cost
$841,640/yrincome needed

About This Home

Exquisite Los Miradores 4-bedroom, 4.5-bath condo, where modern elegance meets artistic finesse. This stunning residence was reimagined and remodeled in 2020-2021, showcasing a balanced blend of wood, steel, glass, and stone that appeals to the most discerning tastes. As you enter, you'll be greeted by an impressive entry gallery with a clerestory window that bathes the space in natural light. The formal dining room, complemented by a wet bar, invites you to host dinner parties and soirees. Two-story grand living room includes sliding glass doors flanked by sidelights connecting to an entertainment patio complete with a gas fire pit and a contemporary steel pergola, ideal for alfresco dining under the New Mexican skies. Deluxe gourmet kitchen, featuring custom cabinetry, elegant quartz countertops, and top-of-the-line appliances, including a Wolf six-burner cooktop with griddle, Wolf wall oven, and Sub-Zero side-by-side refrigerator/freezer. Expansive center island and large breakfast area make this kitchen a culinary gathering area. The luxurious owner's suite, designed as a private sanctuary with a spa-like bath promises relaxation and tranquility. A guest suite is conveniently located on the ground floor, alongside a dedicated office and media room. Upper level, with two additional suites, each with en-suite baths, provide privacy for family or guests. High-walled patios and beautifully landscaped gardens. An oversized two-car garage ensures ample space for your vehicles and storage needs. The gated community of Los Miradores offers many amenities, including a seasonal pool, workout facility, tennis court and security patrol.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

8/10
Atalaya Elementary SchoolGrades PK-60.3 mi
6/10
Milagro Middle SchoolGrades 7-82.7 mi
--
Santa Fe EngageGrades 9-126.4 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Slab
  • Roof: Flat
  • Construction materials: Frame,Stucco

Type & Style

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

Interior

Appliances

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

Bedrooms & Bathrooms

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

Features

  • Beamed Ceilings,Wet Bar,Interior Steps
  • Flooring: Brick,Tile,Wood

Heating & Cooling

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

Interior Area

  • Total structure area: 5,782
  • Total interior livable area: 5,782 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 018400219
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Association
  • Living area range: 5,000+

Parking

  • Total spaces: 2
  • 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
    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 $17,445$209,340
Home Insurance *$1,157$13,884
Property Taxes $2,028$24,336
Electricity $411$4,933
Total$21,041$252,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$721,405/yr
40% on housing$631,230/yr
45% on housing$561,093/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

$597This listing

vs Other Active Listings

Avg $/sqft

ZIP 87505$366
Santa Fe County$365

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
2026-05-04Price change$3,450,000
2026-04-07Listed for sale$3,750,000
2021-11-23Listing removed--
2021-09-23Listed for sale$3,750,000
2020-07-15Sold--
2020-06-29Pending sale$1,498,000
2020-06-29Listed for sale$1,498,000
2020-04-15Listing removed$1,498,000
2020-03-06Pending sale$1,498,000
2019-12-09Price change$1,498,000
2019-07-15Listed for sale$1,635,000
2012-12-10Sold--
2008-07-07Sold--

For Sale by Agent

AgentDarlene L. Streit, Sotheby's Int. RE/Grant
BrokerageSotheby's Int. RE/Grant

Similar Homes