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4 Red Hills Ln, Santa Fe, NM, 87505

2beds
1baths
2,840sqft
$495,000
$174price/sqft
$3,098/moest. monthly cost
$123,920/yrincome needed

About This Home

Santa Fe Style Barndominium.....A unique and thoughtfully designed property offering flexibility for living and working in a tranquil country setting just 20 minutes from downtown. Set on 2.24 acres, this inspiring space combines comfort, creativity, and convenience. The property has a 2400-square-foot studio/workshop/possible additional live space featuring 16-foot pitched ceilings, 11-foot side walls, and two oversized 10x10 garage doors. With abundant natural light, excellent ventilation, and easy access, the possibilities are endless for artisans, makers, and entrepreneurs alike—ideal for woodworking, sculpting, dance studios, photography, car restoration, pottery, and more. Complementing the studio/workshop/Garage space is a 440-square-foot Attached with its own private entrance. Inside, you'll find a cozy yet functional layout including a bedroom/office, full bath, kitchen, utility room, and living area—perfect for a residence, guest suite, or additional office space. Additional highlights: - Private water association with county water source - On-grid utilities and year-round easy access - room for expansion and finish out if one chose to Don't miss this one-of-a-kind opportunity to create, innovate, and thrive close to town yet surrounded by nature. Schedule your private showing today!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

9/10
--
Santa Fe EngageGrades 9-1212.0 mi

Construction

Condition

  • Year built: 2010

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Frame

Other

  • Builder name: Armijo

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Oven,Range,Refrigerator,Water Heater,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • No Interior Steps
  • Flooring: Carpet,Concrete

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 2,840
  • Total interior livable area: 2,840 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 238700709
  • Zoning: Conforming
  • Zoning description: non-conforming
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Horses can be raised: Yes
  • Living area range: 2,501-3,000

Lot

  • Lot size: 2.24 Acres

Parking

  • Total spaces: 12
  • Parking features: Attached,Garage,Heated Garage,RV Garage
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6

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
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Inland Flooding
Lightning

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 *$166$1,992
Property Taxes $229$2,748
Electricity $201$2,423
Total$3,098$37,176
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,217/yr
40% on housing$92,940/yr
45% on housing$82,613/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

$174This listing

vs Other Active Listings

Avg $/sqft

ZIP 87505$374
Santa Fe County$366

vs Homes Sold Last Month

Median $/sqft

ZIP 87505$345
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)

No zestimate history available

Price History

DateEventPrice
2026-03-05Price change$525,000
2025-12-08Price change$545,000
2025-01-18Listed for sale$595,000
2024-11-01Listing removed$629,000
2024-09-19Price change$629,000
2024-09-15Listed for sale$655,000
2024-07-10Listing removed$655,000
2024-05-02Price change$655,000
2024-03-12Listed for sale$695,000
2010-10-16Listing removed$359,000
2010-07-18Listed for sale$359,000
2006-12-21Sold--

For Sale by Agent

AgentFrancesco R. Crisafulli
BrokerageKeller Williams Realty

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