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55 Calle San Martin, Santa Fe, NM, 87506

5beds
7baths
7,852sqft
$3,995,000
$509price/sqft
$23,785/moest. monthly cost
$951,400/yrincome needed

About This Home

Have you dreamed of living in a true, classic Santa Fe Style Buzz Bainbridge ADOBE Hacienda? (If you know his work you have!) This 5 bedroom/7 bath masterpiece has had a facelift and is now totally reimagined with an updated floor plan and fresh new ambiance while honoring the great Bainbridge bones; extravagant ceiling finishes, generous rooms, thoughtful infrastructure and 30" DOUBLE ADOBE walls. Glamorous yet livable, this rambling estate with gorgeous architecture on 2.5 private, wooded view acres offers spectacular entertaining amid smashing mountain views and total, gated privacy! It has been home to many a sunset fiesta, Town & Country brunch, jaw dropping wedding, plus noteworthy spectacular parties. Brilliantly conceived by the legendary master builder Buzz Bainbridge this is the entertainers ultimate dream inside and out with oversized rooms, breezy wrap around covered flagstone portals with magnificent mountain views, romantic courtyards, airy patios out nearly every room, amid lush gardens, pinons and lofty aspen. Fireplaces inside and out-7 of them! The central, custom, chef's kitchen is efficient and stylish with Wolf and Sub-Zero appliances and custom cabinetry by Jonathan Boyd. The sumptuous primary suite is a hedonist's dream - with Sangre de Cristo views from your bed, and bathtub in the palatial new marble master bath. There are 4 large, comfortable guest suites as well, each with new bath; plus an impressive library/ media room and a third cozy central sitting room. Located on prestigious Calle San Martin, it is 7-10 minutes to downtown. No HOA. Nice neighbors. Fabulous property! This Hacienda has it all!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

6/10
Milagro Middle SchoolGrades 7-85.7 mi
--
Santa Fe EngageGrades 9-127.3 mi

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Flat
  • Construction materials: Adobe

Other

  • Builder name: Bain Bridges

Type & Style

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

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 2
  • 3/4 bathrooms: 3
  • 1/2 bathrooms: 2

Features

  • Beamed Ceilings,Wet Bar,Interior Steps
  • Window features: Insulated Windows
  • Flooring: Carpet,Flagstone,Tile
  • Number of fireplaces: 6
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Ductless,Radiant Floor
  • Cooling features: Ductless,Refrigerated

Interior Area

  • Total structure area: 7,852
  • Total interior livable area: 7,852 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 048207741
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Living area range: 5,000+

Lot

  • Lot size: 2.50 Acres

Parking

  • Total spaces: 5
  • 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
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Lightning
Winter Weather

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 $20,200$242,400
Home Insurance *$871$10,452
Property Taxes $2,156$25,872
Electricity $558$6,699
Total$23,785$285,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$815,485/yr
40% on housing$713,550/yr
45% on housing$634,266/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

$509This listing

vs Other Active Listings

Avg $/sqft

ZIP 87506$534
Santa Fe County$365

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
2026-04-10Price change$4,995,000
2026-03-06Listed for sale$5,495,000
2026-01-02Listing removed$5,495,000
2025-10-15Price change$5,495,000
2025-08-22Listed for sale$5,995,000
2024-01-05Sold--
2023-12-28Pending sale$2,450,000
2023-12-22Price change$2,450,000
2023-07-31Price change$2,950,000
2023-06-27Listed for sale$3,250,000
2023-06-05Listing removed--
2023-05-01Price change$3,500,000
2022-11-14Listed for sale$3,750,000

For Sale by Agent

AgentAshley Margetson
BrokerageSotheby's Int. RE/Washington

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