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15 Deer Tank Rd, Santa Fe, NM, 87508

2beds
2baths
2,458sqft
$799,000
$325price/sqft
$4,795/moest. monthly cost
$191,800/yrincome needed

About This Home

Set on 13.7 acres with sweeping 360-degree views, 15 Deer Tank Road offers open space, Southwest character, and serious equestrian infrastructure. This approximately 2,458-square-foot, 2-bedroom, 2-bath Rastra block home features high ceilings, abundant natural light, vigas, nichos, concrete floors, radiant floor heat, and a wood-burning fireplace. The upper level is dedicated to the spacious primary suite, creating a private retreat with big-sky views in every direction. The owner has completed extensive improvements in recent years, including new windows throughout, new doors, upgraded roofing, stucco and waterproofing work, plaster repairs, primary bedroom upgrades, an updated shower. The home also includes a heated 3-car garage, private septic, and a documented high-producing private well. For the avid horse person, this property is thoughtfully set up. The barn includes four 12x12 semi-enclosed stalls designed for ventilation, winter sun, and summer shade, plus heated automatic waterers, stall mats, aisle mats, fans, an insulated tack/feed room, cross-tie grooming area, hay storage with rear delivery access, frost-free hydrants, and flexible turnout areas. Panels, electric fencing, feeders, waterers, and barn fans add immediate functionality. The riding setup is what truly sets this property apart. Enjoy a main arena with sand and stone-dust footing, a sheltered seasonal pond area that functions as an additional riding space, and a creative cross-country-style course winding through the land with hills, natural features, and open riding lines. Ride on your own property, along surrounding dirt roads, or toward nearby open space leading toward Eldorado. With privacy, sunsets, 360-degree views, authentic Northern New Mexico charm, and proximity to Santa Fe, Albuquerque, local trainers, horse shows, Thal Equine, and Double Diamond, this is a distinctive opportunity for someone seeking a true equestrian lifestyle property with room to breathe.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

6/10
Milagro Middle SchoolGrades 7-812.3 mi
--
Santa Fe EngageGrades 9-1211.1 mi

Construction

Condition

  • Year built: 2001

Materials

  • Roof: Flat

Type & Style

  • Home type: SingleFamily
  • Architectural style: Multi-Level,Northern New Mexico,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Oven,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Interior Steps
  • Flooring: Concrete
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,458
  • Total interior livable area: 2,458 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 069207551
  • Special condition: Standard

Features

  • Levels: Two,Multi/Split
  • Stories: 1
  • Exterior features: Horse Facilities
  • Horses can be raised: Yes
  • Living area range: 2,001-2,500

Lot

  • Lot size: 13.70 Acres

Parking

  • Total spaces: 20
  • Parking features: Attached,Garage,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered 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

  • 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 $4,040$48,480
Home Insurance *$200$2,400
Property Taxes $381$4,572
Electricity $174$2,097
Total$4,795$57,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$164,400/yr
40% on housing$143,850/yr
45% on housing$127,866/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

$325This listing

vs Other Active Listings

Avg $/sqft

ZIP 87508$295
Santa Fe County$366

vs Homes Sold Last Month

Median $/sqft

ZIP 87508$337
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
2026-07-01Price change$799,000
2026-06-02Listed for sale$850,000
2023-02-01Sold--
2022-11-21Pending sale$745,000
2022-09-30Price change$745,000
2022-09-21Listed for sale$750,000
2022-09-20Pending sale$750,000
2022-08-13Listed for sale$750,000
2015-04-01Listing removed$219,900
2015-03-24Price change$219,900
2015-03-06Price change$224,900
2015-02-03Price change$236,700
2015-01-06Price change$249,100
2014-12-09Price change$262,200
2014-11-08Listed for sale$275,900
2014-10-04Listing removed$251,750
2014-03-20Listed for sale$251,750

For Sale by Agent

AgentLeland Titus
BrokerageSanta Fe Realty Unlimited

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