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89 Coyote Xing, Santa Fe, NM, 87508

2beds
1baths
1,000sqft
$495,000
$495price/sqft
$3,018/moest. monthly cost
$120,720/yrincome needed

About This Home

Discover your own “top of the world” retreat in this fully renovated 2 bedroom, 1 bath home set on over 5 acres with incredible views in every direction. Inside, you’ll find a fully updated interior featuring new flooring throughout, a beautifully remodeled kitchen with contemporary finishes, and a refreshed bathroom designed for comfort and function. The home is equipped with mini splits for efficient heating and cooling, as well as all new plumbing. Major infrastructure improvements add exceptional value, including a new water line to the house and upgraded 200 amp electrical service. New windows bring in natural light and maximize the stunning views, while the newly rebuilt deck provides the perfect outdoor space to relax and take in the scenery. This hilltop haven has also been a successful Airbnb, thanks to its modern upgrades, privacy, and breathtaking location—making it ideal as a full time residence, vacation home, or turnkey investment property. With 5+ acres of land, endless views, and a completely reimagined interior and exterior, this is a rare opportunity to own a beautifully updated home in an extraordinary setting. This property began as a mobile home and has undergone a complete remodel in 2023, transforming it into a modern, stylish, and highly desirable getaway. Due to the nature of the structure, the seller believes it is unlikely one could acquire conventional financing to purchase the property. Short term seller financing may be available. All furnishings are available as well. One of the sellers is a licensed real estate broker.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

5/10
6/10
Milagro Middle SchoolGrades 7-84.7 mi
--
Santa Fe EngageGrades 9-126.9 mi

Construction

Condition

  • Year built: 1980

Materials

  • Roof: Metal

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Manufactured Home,Mobile Home
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Cooktop,Microwave,Oven,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • No Interior Steps

Heating & Cooling

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

Interior Area

  • Total structure area: 1,000
  • Total interior livable area: 1,000 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 023495990
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Living area range: 501-1,000

Lot

  • Lot size: 5.78 Acres

Parking

  • Total spaces: 4
  • Parking features: None

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
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
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 $2,502$30,024
Home Insurance *$124$1,488
Property Taxes $244$2,928
Electricity $148$1,780
Total$3,018$36,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,474/yr
40% on housing$90,540/yr
45% on housing$80,480/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

$495This listing

vs Other Active Listings

Avg $/sqft

ZIP 87508$297
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
2026-03-02Listed for sale$550,000
2022-06-07Sold--
2022-04-20Pending sale$197,000
2021-03-30Listed for sale$197,000

For Sale by Agent

AgentJulie Thomas
BrokerageSotheby's Int. RE/Grant

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