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61 Calle San Martin, Santa Fe, NM, 87506

5beds
6baths
6,485sqft
$3,200,000
$493price/sqft
$19,066/moest. monthly cost
$762,640/yrincome needed

About This Home

One doesn’t simply just buy a Buzz Bainbridge property; one acquires an iconic aesthetic, a lifestyle, an environment of luxurious beauty to live in among his signature Santa Fe features: genuine handmade Adobe walls, some 30" thick; large open room spaces with gorgeous wraparound views and gorgeously embellished high ceilings, wonderful finishes with vigas and latillas and nichos, and kivas, and all the creature comforts of happy living. The intelligent floor plan opens onto gorgeous courtyards, portals, patios, and gardens abounding with high old trees, fountains, and established perennial flowers that embrace the property on the sprawling 7.5 acres. There is even a nurturing, part subterranean greenhouse for year-round blooms and vegetation. The double Adobe main house has three bedrooms, each with its own bath, each with a fireplace, while up the driveway sit the lovely two-bedroom guest house… privately separate, but close enough to borrow a cup of sugar! An additional art studio by the guesthouse with bathroom and fireplace can be an art space or a third bedroom on the guesthouse. There is no HOA to instruct you! The elegant location on prestigious Calle San Martin is 8 minutes to De Vargas mall and 10 to the airport! Yet you feel like you are unwinding in the country! Already pre-inspected with imperfections cured. This is opportunity knocking…!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

6/10
Milagro Middle SchoolGrades 7-85.7 mi
--
Santa Fe EngageGrades 9-127.2 mi

Construction

Condition

  • Year built: 1995

Materials

  • Foundation: Slab
  • Roof: Foam
  • Construction materials: Adobe,Other

Other

  • Builder name: Bainbridge

Type & Style

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

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • 3/4 bathrooms: 2

Features

  • Beamed Ceilings,Wet Bar,No Interior Steps
  • Window features: Insulated Windows
  • Flooring: Flagstone,Tile
  • Number of fireplaces: 8
  • Fireplace features: Kiva,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Active Solar,Propane,Radiant Floor
  • Cooling features: None

Interior Area

  • Total structure area: 6,485
  • Total interior livable area: 6,485 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 048900740
  • Special condition: Standard
  • Other equipment: Irrigation Equipment,Satellite Dish

Features

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

Lot

  • Lot size: 7.50 Acres

Parking

  • Total spaces: 9
  • 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 $16,180$194,160
Home Insurance *$698$8,376
Property Taxes $1,727$20,724
Electricity $461$5,532
Total$19,066$228,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$653,691/yr
40% on housing$571,980/yr
45% on housing$508,426/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

$493This listing

vs Other Active Listings

Avg $/sqft

ZIP 87506$535
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
2026-05-04Price change$3,200,000
2026-04-10Price change$3,500,000
2026-03-06Listed for sale$3,650,000
2026-01-02Listing removed$3,995,000
2025-08-13Listed for sale$3,995,000
2008-11-23Sold--

For Sale by Agent

AgentAshley Margetson
BrokerageSotheby's Int. RE/Washington

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