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For sale
  • Price cut: $350K (6/24)
    $3,850,000

    1021 Old Santa Fe Trl, Santa Fe, NM 87505

    2beds
    5,241sqft
    : 
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    Single Family Residence
    Built in 1989
    2.65 Acres Lot
    $-- Zestimate®
    $735/sqft
    $-- HOA

    What's special

    Gated estatePond and waterfallFlourishing lawnWraparound portalSoaring ceilingsStriking spiral staircaseBeijing slate floors
    In recent years, much has been made about the treasure of Forrest Fenn, but perhaps the most meaningful treasure the renowned art dealer and author ever possessed was this idyllic oasis off the historic Old Santa Fe Trail in the capital city of New Mexico. Occupying 2.65 remarkably verdant acres, the gated estate is a hidden green gem, lush with trees, aspens, cottonwoods, pines, pinons, and a towering weeping willow that thrive alongside apricot, pear, apple, cherry, and peach trees as well as grape vines, flourishing lawn and wild grasses, and flowering plants and vines, all maintained by an irrigation system fed by a private well. The heart of the property is a warm, welcoming 4,596 square-foot residence custom-designed featuring handsome Beijing slate floors, soaring ceilings recalling an Old World chapel, diamond-finish plaster walls, vintage Spanish Colonial doors, a plethora of oversized windows and French doors, clever built-ins designed for the display of collectibles, a striking spiral staircase crowned by a skylight, and a wraparound portal. A portion of this breezy, relaxing outdoor space overlooks another rarity, a pond and waterfall fed by a recirculating stream. An ecosystem for fish, frogs, turtles, and all manner of wild birds, including ducks. Near the property gates is a 645 square-foot guest casita or studio with soaring ceilings, floods of light, a kitchenette, a bath, and storage space. A paved drive leads through the grounds to the finished three-car garage, which includes additional storage and benefits from a heated threshold. While the property is lush, private, secure, and quiet, extending away from the road across an arroyo, the attractions and amenities of Museum Hill, Canyon Road, and the historic Plaza are mere moments away.
    359 days
    |
    723
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Timothy C. Van Camp 505-690-2750,

    Sotheby's Int. RE/Washington 505-988-8088,

    John Rigatti 505-660-3353,

    Sotheby's Int. RE/Washington

    Source: SFARMLS,MLS#: 202503293MLS LogoOriginating MLS: Santa Fe Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Natural Gas, Radiant Floor
      Cooling
      • Ductless, Refrigerated, Wall/Window Unit(s)
      Appliances
      • Included: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Softener, Trash Compactor, Water Heater, Water Purifier, Washer
      Features
      • Beamed Ceilings, Interior Steps
      • Flooring: Carpet, Stone, Tile
      • Windows: Insulated Windows
      • Has basement: Yes
      • Number of fireplaces: 3
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 5,241
      • Total interior livable area: 5,241 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Attached, Direct Access, Garage
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: Two,Multi/Split
      • Stories: 2
      Lot
      • Size: 2.65 Acres
      • Features: Drip Irrigation/Bubblers
      Details
      • Additional structures: Guest House Detached, Storage
      • Parcel number: 010315136
      • Zoning: R-1, 2, 3, 4, 5, 6
      • Special conditions: Standard
      • Other equipment: Irrigation Equipment

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Multi-Level,Pueblo
      • Property subtype: Single Family Residence
      Materials
      • Adobe, Frame, Stucco
      • Foundation: Basement, Slab
      • Roof: Bitumen,Flat
      Condition
      • Year built: 1989

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, Private, Well
      • Utilities for property: High Speed Internet Available, Electricity Available

      Community & HOA

      Community
      • Security: Security System, Dead Bolt(s), Fire Alarm, Security Gate, Surveillance System
      HOA
      • Has HOA: No
      Location
      • Region: Santa Fe

      Financial & listing details

      • Price per square foot: $735/sqft
      • Tax assessed value: $1,822,374
      • Annual tax amount: $11,292
      • Date on market: 7/24/2025
      • Listing terms: Cash,Conventional,New Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/24/2026Price change$3,850,000-8.3%$735/sqft
        Source: SFARMLS #202503293 Report a problem
        7/24/2025Listed for sale$4,200,000-5.6%$801/sqft
        Source: SFARMLS #202503293 Report a problem
        2/1/2025Listing removed$4,450,000$849/sqft
        Source: SFARMLS #202232709 Report a problem
        7/17/2024Price change$4,450,000-6.3%$849/sqft
        Source: SFARMLS #202232709 Report a problem
        2/2/2024Price change$4,750,000-3.1%$906/sqft
        Source: SFARMLS #202232709 Report a problem
        8/3/2023Price change$4,900,000-6.7%$935/sqft
        Source: SFARMLS #202232709 Report a problem
        7/14/2023Listed for sale$5,250,000$1,002/sqft
        Source: SFARMLS #202232709 Report a problem
        9/26/2022Listing removed--
        Source: SFARMLS #202232709 Report a problem
        8/19/2022Listed for sale$5,250,000$1,002/sqft
        Source: SFARMLS #202232709 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$11,135 +0%$1,479,249 +3%
        2023$11,131 +2.3%$1,436,165 +3%
        2022$10,881 +1.6%$1,394,335 +3%
        2021$10,709 -3.1%$1,353,724 +190.6%
        2020$11,049 -24.2%$465,796 -22.8%
        2019$14,575 +2.3%$603,223 +3%
        2018$14,250 $585,655 +3%
        2017$14,250 +2.6%$568,597 +3%
        2016$13,888 $552,036 +3%
        2015$13,888 +8.7%$535,958 +3.1%
        2014$12,782 +23.5%$519,828
        2013$10,352 +3.2%--
        2012$10,029 +1.4%--
        2011$9,891 +4.5%--
        2010$9,466 +5.7%--
        2009$8,953 +4.3%--
        2008$8,584 +1.6%--
        2005$8,451 +14.1%--
        2004$7,408 -7%--
        2003$7,966 +5.4%--
        2002$7,557 -4.4%--
        2001$7,906 +3.5%--
        2000$7,640 $423,451
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 87505

        Getting around

        24 / 100
        Car-Dependent
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Acequia Madre
        • Middle: Milagro
        • 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.

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