Experience the ease and beauty of Eldorado living in this well-maintained 2 bedroom, 2 bathroom, 1,250 sq ft home perfectly positioned on a spacious corner lot. With classic Santa Fe charm and the peaceful, wide-open feel on a large 2 acre lot that defines the Eldorado community, this property offers comfort, privacy, and everyday livability.
Property Highlights
2 Bedrooms • 2 Bathrooms • 1,250 Sq Ft — A functional, efficient layout ideal for full-time living or a low-maintenance retreat. Includes Big passive solar windows to draw in the heat in the winter and the amazing southern and Western views all year round. The home is fantastically landscaped in the back yard with a fenced in flagstone patio. Property backs up to greenbelt for extra space!
Bright, Inviting Living Spaces — Natural light, warm finishes, and a comfortable flow create a welcoming atmosphere.
Well-Designed and simple Kitchen & Dining — Practical workspace and easy access to indoor/outdoor living. Also includes brick flooring and remodeled bathrooms.
Generous Corner Lot — Room to garden, entertain, or simply enjoy the mountain views and starry skies.
Sought-After Eldorado Amenities — Community pool, clubhouse, parks, dog park, miles of greenbelt trails, and nearby shopping and dining.
A Great Eldorado Opportunity
With its desirable location, manageable size, and classic Santa Fe character, 1 Encantado Loop is an excellent value for buyers seeking the Eldorado lifestyle just minutes from town.
Pending
Price cut: $26K (8/25)
$449,000
1 Encantado Loop, Santa Fe, NM 87508
2beds
1,250sqft
Single Family Residence
Built in 1987
2.04 Acres Lot
$-- Zestimate®
$359/sqft
$58/mo HOA
What's special
Big passive solar windowsWarm finishesComfortable flowBrick flooringBright inviting living spacesRemodeled bathroomsSpacious corner lot
- 107 days
- 1,382
- 79
Zillow last checked:
Listing updated:
Listed by:
Phillip Varela,
Varela Real Estate, Inc. 505-982-2525
Source: SFARMLS,MLS#: 202602494
Originating MLS: Santa Fe Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Passive Solar, Pellet Stove, Radiant Floor
Cooling
- Refrigerated, Window Unit(s)
Features
- Interior Steps
- Flooring: Brick
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Pellet Stove
Interior area
- Total structure area: 1,250
- Total interior livable area: 1,250 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2.04 Acres
Details
- Parcel number: 124623959
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Flat
Condition
- Year built: 1987
Utilities & green energy
- Sewer: Community/Coop Sewer
- Water: Community/Coop
Community & HOA
Community
- Security: Surveillance System
HOA
- Has HOA: Yes
- Services included: Common Areas, Recreation Facilities, Road Maintenance
- HOA fee: $175 quarterly
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $359/sqft
- Tax assessed value: $432,722
- Annual tax amount: $2,092
- Date on market: 6/6/2026
- Listing terms: Cash,Conventional,New Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Pending sale | $449,000$359/sqft |
Source: | ||
| 8/25/2026 | Price change | $449,000-5.5%$359/sqft |
Source: | ||
| 7/19/2026 | Price change | $475,000-7.7%$380/sqft |
Source: | ||
| 6/23/2026 | Price change | $514,900-2.7%$412/sqft |
Source: | ||
| 6/6/2026 | Listed for sale | $529,000+109.5%$423/sqft |
Source: | ||
| 5/20/2016 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/16/2016 | Pending sale | $252,500$202/sqft |
Source: Barker Realty, LLC #201601531 Report a problem | ||
| 4/13/2016 | Listed for sale | $252,500+8.7%$202/sqft |
Source: Barker Realty, LLC #201601531 Report a problem | ||
| 11/6/2014 | Listing removed | $232,300$186/sqft |
Source: Santa Fe Properties #201401662 Report a problem | ||
| 8/7/2014 | Price change | $232,300-2.8%$186/sqft |
Source: Santa Fe Properties #201401662 Report a problem | ||
| 7/1/2014 | Price change | $239,000-1.2%$191/sqft |
Source: Santa Fe Properties #201401662 Report a problem | ||
| 6/12/2014 | Price change | $242,000-2.8%$194/sqft |
Source: Santa Fe Properties #201401662 Report a problem | ||
| 4/16/2014 | Listed for sale | $249,000+15.3%$199/sqft |
Source: Santa Fe Properties #201401662 Report a problem | ||
| 6/9/2011 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/17/2011 | Price change | $215,900-8.9%$173/sqft |
Source: Barker Realty Inc. #201003033 Report a problem | ||
| 12/8/2010 | Price change | $237,000-5.2%$190/sqft |
Source: Barker Realty Inc. #201003033 Report a problem | ||
| 11/4/2010 | Price change | $249,900-3.5%$200/sqft |
Source: Barker Realty Inc. #201003033 Report a problem | ||
| 8/21/2010 | Price change | $259,000-1.9%$207/sqft |
Source: Barker Realty Inc. #201003033 Report a problem | ||
| 7/25/2010 | Price change | $264,000-3.6%$211/sqft |
Source: Santa Fe Properties #201003033 Report a problem | ||
| 6/3/2010 | Listed for sale | $274,000$219/sqft |
Source: Santa Fe Properties #201003033 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,092 +2.1% | $301,701 +3% |
| 2024 | $2,049 -0.1% | $292,914 +3% |
| 2023 | $2,051 +2.6% | $284,384 +3% |
| 2022 | $1,999 +2% | $276,102 +3% |
| 2021 | $1,960 +2.3% | $268,061 +209% |
| 2020 | $1,917 +2% | $86,751 +3% |
| 2019 | $1,879 +2.7% | $84,224 +3% |
| 2018 | $1,830 | $81,772 +3% |
| 2017 | $1,830 +3.5% | $79,390 +33.9% |
| 2016 | $1,768 | $59,290 +3% |
| 2015 | $1,768 +41.2% | $57,563 -6.4% |
| 2014 | $1,252 -7% | $61,485 |
| 2013 | $1,346 +1.6% | -- |
| 2012 | $1,325 +2.3% | -- |
| 2011 | $1,296 +14.1% | -- |
| 2010 | $1,136 +5.2% | -- |
| 2009 | $1,079 +4.2% | -- |
| 2008 | $1,036 +1.4% | -- |
| 2005 | $1,021 +5.3% | -- |
| 2004 | $970 -7.2% | -- |
| 2003 | $1,044 +32.2% | -- |
| 2002 | $790 -4.5% | -- |
| 2001 | $827 +3.5% | -- |
| 2000 | $799 | $45,458 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 87508
Nearby schools
Schools provided by the listing agent
- Elementary: El Dorado Com School
- Middle: El Dorado Com School
- High: Santa Fe
Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






