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321 1/2 W Houghton St, Santa Fe, NM, 87505

1beds
1baths
804sqft
$499,999
$622price/sqft
$3,131/moest. monthly cost
$125,240/yrincome needed

About This Home

Tucked away in the heart of Santa Fe, in the highly desirable area known as South Capitol. 321 1/2 Houghton is a charming 1-bedroom, 1-bath single-family home that offers a perfect blend of comfort, character, and scenic beauty. The layout features a welcoming living room on the main level, complete with a cozy wood stove—ideal for cool Santa Fe winter evenings—flowing seamlessly into the adjacent kitchen. Just off the kitchen, you’ll find a conveniently located bathroom with integrated laundry, maximizing both functionality and space. Upstairs, the private bedroom retreat captures beautiful mountain views, creating a peaceful and light-filled sanctuary to start and end your day. Off the living room is access to the backyard which is a relaxing haven with a large flagstone patio and mature vegetation. An added bonus is the large storage shed located on the backside of the property. There is an access easement that leads to this very private sanctuary. There is a manual gate to close off the properties driveway, for added security or when away for extended stays. Whether you're seeking a full-time residence, a pied-à-terre, or an investment opportunity, this unique property delivers an authentic Santa Fe lifestyle just moments from the Plaza, Canyon Road, and the city’s renowned dining and arts scene.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

6/10
6/10
Milagro Middle SchoolGrades 7-82.1 mi
--
Santa Fe EngageGrades 9-124.9 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Bitumen,Membrane
  • Construction materials: Frame,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Electric Cooktop,Electric Water Heater,Oven,Range,Refrigerator,Water Heater,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

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

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 804
  • Total interior livable area: 804 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 018900728
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Living area range: 501-1,000

Lot

  • Lot size: 2,613 sqft

Parking

  • Total 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

  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Winter Weather
Lightning
Wildfire

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 $2,528$30,336
Home Insurance *$167$2,004
Property Taxes $288$3,456
Electricity $148$1,780
Total$3,131$37,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,348/yr
40% on housing$93,930/yr
45% on housing$83,493/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

$622This listing

vs Other Active Listings

Avg $/sqft

ZIP 87505$373
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
2026-05-07Listed for sale$515,000

For Sale by Agent

AgentBrett Hultberg
BrokerageSotheby's Int. RE/Washington

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