58 Balsa Rd, Santa Fe, NM, 87508
About This Home
Beautifully reimagined Kim Dressel home backing to open space in sought-after Eldorado! Situated on nearly 2 private acres along a paved road, this exceptional 3-bedroom, 2-bath residence with dedicated office/studio space offers 2,381 square feet of thoughtfully updated living. Recently remodeled throughout, the home blends timeless Santa Fe architecture with modern luxury and comfort. The light-filled living room features elevated ceilings with vigas, custom shutters, and expansive windows that frame the surrounding landscape. The redesigned kitchen sits beautifully at the heart of the home, showcasing updated cabinetry, premium finishes, and generous space for gathering and entertaining. The spacious primary suite is a true retreat with its own kiva fireplace, vigas, private office or studio, large walk-in closet, and beautifully updated bath with dual vanities, soaking tub, and separate shower. Guest bedrooms are thoughtfully separated from the primary suite, providing privacy for family and visitors. Outdoor living is equally impressive. Step seemlesly into the backyard to enjoy mountain views, stunning New Mexico sunsets, and direct access to the open space beyond. The newly enhanced outdoor living areas include a luxurious swim spa and deck creating the perfect setting for relaxation and year-round enjoyment. Additional features include newer stucco, forced air heating, air conditioning, a two-car garage, and multiple private spaces throughout! Don't miss this impressive Eldorado home!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1990
Materials
- Foundation: Slab
- Roof: Flat
- Construction materials: Block,Frame,Concrete,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Northern New Mexico,Pueblo,One Story
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Interior Steps
- Window features: Insulated Windows
- Flooring: Tile
- Number of fireplaces: 2
- Fireplace features: Kiva,Wood Burning Stove
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air,Fireplace(s)
- Cooling features: Central Air,Refrigerated
Interior Area
- Total structure area: 2,440
- Total interior livable area: 2,440 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Details
- Parcel number: 128206525
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: Above Ground,Filtered,Heated,Lap,Association
- Living area range: 2,001-2,500
Lot
- Lot size: 1.82 Acres
Parking
- Total spaces: 7
- Parking features: Attached,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
- Lightning
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Fe County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,798 | $57,576 |
| Home Insurance * | $238 | $2,856 |
| Property Taxes | $640 | $7,680 |
| Electricity | $173 | $2,081 |
| Total | $5,849 | $70,188 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-12 | Listed for sale | $949,000 |
| 2020-04-20 | Sold | -- |
| 2020-03-21 | Pending sale | $560,000 |
| 2020-03-19 | Listed for sale | $560,000 |
| 2016-02-24 | Sold | -- |
| 2016-01-05 | Pending sale | $449,000 |
| 2015-12-23 | Listed for sale | $449,000 |
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