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31 Vista Calabasas, Santa Fe, NM, 87506

5beds
8baths
7,638sqft
$3,600,000
$471price/sqft
$21,535/moest. monthly cost
$861,400/yrincome needed

About This Home

Perched atop a private 5 acre hilltop with panoramic views, this extraordinary estate offers a rare combination of architectural brilliance, luxurious design, and exceptional craftsmanship. Essentially rebuilt in 2024 and thoughtfully designed to be fire-wise, the property provides peace of mind while embracing sophisticated modern living just 15 minutes from downtown Santa Fe. Constructed with ICF and Pumice-Crete, the main residence is a stunning showcase of contemporary architecture. The dramatic great room captivates with iron beam construction, white oak floors, hand-troweled plaster walls, soaring 12-foot ceilings, and an expansive wall of windows that seamlessly connect to the rear portal. The chef's kitchen is a masterpiece of beauty and functionality, featuring a Bertazzoni 48-inch Heritage range, Sub-Zero refrigerator, 2 Blanco Diamond Silgranit sinks, a generous granite island with hand-chiseled edges, custom LED-lit cabinetry, and a fully equipped back kitchen designed for effortless entertaining. Occupying its own private wing, the primary suite is an extraordinary retreat. Cathedral ceilings, a gas fireplace, and spectacular sunset views create a tranquil atmosphere, while 2 beautifully appointed spa-inspired bathrooms, 2 separate walk-in closets, and a dedicated powder room offer unparalleled comfort and flexibility. The main level also includes an inviting den with vigas, wood ceilings, and gas kiva fireplace, along with a beautifully appointed ensuite guest bedroom. Upstairs, there are two additional en-suite bedrooms and an elegant library. Outdoor living is equally impressive. The expansive steel portal frames magnificent views of the Sangre de Cristo Mountains and is equipped with two ceiling-mounted heaters, creating year-round comfort. Completing this remarkable compound is a detached studio as well as a spectacular guest house featuring soaring ceilings and an unforgettable floor-to-ceiling river rock fireplace. A unique and amazing offering!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

8/10
--
Santa Fe EngageGrades 9-125.0 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Metal,Reflective
  • Construction materials: ICFs (Insulated Concrete Forms)

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Northern New Mexico
  • Property subType: Single Family Residence

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 8
  • Full bathrooms: 3
  • 3/4 bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,Interior Steps
  • Window features: Insulated Windows
  • Flooring: Tile,Wood
  • Number of fireplaces: 4
  • Fireplace features: Gas,Kiva,Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 7,638
  • Total interior livable area: 7,638 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 058208066
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Living area range: 5,000+

Lot

  • Lot size: 5.04 Acres

Parking

  • Total spaces: 8
  • Parking features: Detached,Garage,Heated 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

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

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
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 $18,203$218,436
Home Insurance *$785$9,420
Property Taxes $2,004$24,048
Electricity $543$6,516
Total$21,535$258,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$738,342/yr
40% on housing$646,050/yr
45% on housing$574,266/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

$471This 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
2026-07-30Listed for sale$3,600,000
2020-12-15Sold--
2020-10-24Pending sale$1,150,000
2020-10-18Listed for sale$1,150,000

For Sale by Agent

AgentMelissa Pippin-Carson
BrokerageSotheby's Int. RE/Washington

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