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63 State Highway 503, Santa Fe, NM, 87506

7beds
9baths
8,422sqft
$1,997,000
$237price/sqft
$12,319/moest. monthly cost
$492,760/yrincome needed

About This Home

Heavenly 4.5-Acre Estate in Pojoaque Valley – Vineyard, Casitas & More! Rare opportunity to own one of the most spectacular estates in the Pojoaque Valley, just minutes from downtown Santa Fe. This 4.5-acre property offers a serene retreat with 3 acre-feet of domestic water rights and 6.91 acre-feet of irrigation water rights, supporting both vineyard expansion and lush garden potential. The grounds are also home to mature apple, plum, pear, and cherry trees. The main residence is a classic adobe featuring 4 bedrooms and 2 bathrooms (ESTIMATED SQ. FT. 2300), with traditional New Mexican details including vigas, brick floors, two rock fireplaces, and a spacious portal perfect for outdoor living. Three additional casitas (ESTIMATED TOTAL 3100 SQ. FT. COMBINED) provide excellent flexibility: 1BR/1BA Casita - 800 sq. ft. 2BR/2BA Casita - 811 sq. ft. 1BR / 1BA Casita ready for your personal touch and renovation vision - 1500 sq. ft. Ideal for short-term rentals, guest stays, or multi-generational living. Outdoor amenities offer exceptional entertainment and relaxation opportunities: 25-person hot tub/pool Firepit lounge area Outdoor bathrooms and showers Brick pizza ovens Wine cellar 2 RV hookups A large metal barn offers generous storage or potential for workshop, studio, or event use. Whether you dream of running a boutique vineyard, hosting retreats, or simply living in peaceful luxury, this unique Pojoaque Valley estate delivers charm, privacy, and unlimited potential.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

5/10
Sixth Grade AcademyGrades 61.0 mi
5/10
Pojoaque High SchoolGrades 9-123.5 mi
2/10
Pojoaque Middle SchoolGrades 7-81.0 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Bitumen,Flat,Foam,Metal,Pitched
  • Construction materials: Adobe,Block,Frame,Concrete,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Northern New Mexico,Pueblo,Ranch,One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Washer

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 9
  • Full bathrooms: 1
  • 3/4 bathrooms: 4
  • 1/2 bathrooms: 4

Features

  • No Interior Steps
  • Flooring: Brick,Laminate,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard,Ductless,Fireplace(s),Hot Water,Natural Gas,Separate Meters
  • Cooling features: Ductless,Refrigerated

Interior Area

  • Total structure area: 8,422
  • Total interior livable area: 8,422 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 033639808
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Living area range: 5,000+

Lot

  • Lot size: 4.50 Acres

Parking

  • Total spaces: 10
  • Parking features: Carport,RV Access/Parking
  • Carport: Yes

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Drought

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 $10,097$121,164
Home Insurance *$435$5,220
Property Taxes $1,189$14,268
Electricity $598$7,185
Total$12,319$147,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$422,365/yr
40% on housing$369,570/yr
45% on housing$328,506/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

$237This listing

vs Other Active Listings

Avg $/sqft

ZIP 87506$542
Santa Fe County$366

vs Homes Sold Last Month

Median $/sqft

ZIP 87506$444
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
2025-07-23Listed for sale$2,700,000
2018-06-30Sold--
2018-05-22Pending sale$1,195,000
2018-04-23Listed for sale$1,195,000

For Sale by Agent

AgentCarmela M. Nino
BrokerageBarker Realty, LLC

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