A private acre, established gardens, and classic Santa Fe character, all in a remarkably central location. Just off Cordova Road and approximately seven minute drive to the Plaza, 1238 Madrid Road offers the feeling of a tucked-away retreat with restaurants, shopping, and everyday conveniences just down the road. The three-bedroom, 2¾-bath residence reflects classic Spanish Territorial style, with traditional brick coping, warm Spanish-inspired colors, and architectural details that give the home a strong sense of place. Inside, an open living area is anchored by a fireplace, creating a comfortable gathering space with an easy, informal flow. The generous kitchen offers abundant workspace and looks onto the patio and gardens, reinforcing the connection between the interiors and the surrounding landscape. The primary suite is set apart on its own, with a soaking tub and spacious walk-in shower. Step outside to a private enclosed patio, where an outdoor shower offers a wonderfully unexpected way to enjoy Santa Fe’s blue skies and warm summer days. The grounds are a defining part of the property. Mature landscaping, fruit trees, a fenced yard, and a generous lawn create a green, secluded setting rarely associated with such a convenient in-town location. An inviting patio provides space for long lunches, evening gatherings, or quiet mornings outdoors, while a dedicated irrigation water source supports the established landscape. A separate studio or office provides a peaceful place to work from home, and an additional craft room or workshop offers dedicated space for painting, making, hobbies, or projects. What makes it particularly compelling is the balance it strikes: approximately an acre of breathing room and mature landscape without giving up the ease of central Santa Fe living. Head down the road for daily errands, reach the Plaza in about seven minutes, then return home to gardens, privacy, and the enduring character of Santa Fe architecture.
For sale
$1,450,000
1238 Madrid Rd, Santa Fe, NM 87505
3beds
3,086sqft
Single Family Residence
Built in 1935
1.03 Acres Lot
$-- Zestimate®
$470/sqft
$-- HOA
What's special
Established gardensArchitectural detailsDedicated irrigation water sourceTraditional brick copingPrivate enclosed patioGenerous lawnGenerous kitchen
- 8 days
- 803
- 55
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Paul Duran 505-310-5566,
Real Broker LLC. 505-557-4976,
Buneesa Terry 505-504-1101,
Real Broker LLC.
Source: SFARMLS,MLS#: 202604149
Originating MLS: Santa Fe Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Radiant
Cooling
- None
Appliances
- Included: Dryer, Dishwasher, Gas Cooktop, Disposal, Oven, Range, Refrigerator, Washer
Features
- Interior Steps
- Flooring: Tile, Wood
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Insert, Gas
Interior area
- Total structure area: 3,086
- Total interior livable area: 3,086 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Carport
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 1.03 Acres
Details
- Additional structures: Studio Attached
- Parcel number: 11158400
- Zoning: R-1, 2, 3, 4, 5, 6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Territorial
- Property subtype: Single Family Residence
Materials
- Roof: Membrane
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Private, Well
- Utilities for property: High Speed Internet Available, Electricity Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $470/sqft
- Tax assessed value: $766,027
- Annual tax amount: $3,198
- Date on market: 9/23/2026
- Listing terms: Cash,New Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $1,450,000$470/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,198 -1.5% | $457,300 +3% |
| 2024 | $3,246 +0.1% | $443,982 +3% |
| 2023 | $3,242 +2.4% | $431,052 +3% |
| 2022 | $3,166 +1.7% | $418,498 +3% |
| 2021 | $3,113 +3.2% | $406,309 +209% |
| 2020 | $3,016 +1.6% | $131,492 +3% |
| 2019 | $2,969 -0.7% | $127,662 |
| 2018 | $2,991 | $127,662 |
| 2017 | $2,991 -0.4% | $127,662 |
| 2016 | $3,003 | $127,662 -0.4% |
| 2015 | $3,003 +1.9% | $128,237 -9.3% |
| 2014 | $2,948 -30.1% | $141,372 |
| 2013 | $4,216 +3.2% | -- |
| 2012 | $4,084 +1.4% | -- |
| 2011 | $4,026 +1.4% | -- |
| 2010 | $3,971 +5.7% | -- |
| 2009 | $3,758 +4.2% | -- |
| 2008 | $3,604 +61.3% | -- |
| 2005 | $2,235 +9% | -- |
| 2004 | $2,051 -1.4% | -- |
| 2003 | $2,081 +5.4% | -- |
| 2002 | $1,974 -4.4% | -- |
| 2001 | $2,065 +3.5% | -- |
| 2000 | $1,996 | $110,630 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Don Gaspar
Nearby schools
Schools provided by the listing agent
- Elementary: Wood Gormley
- 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.







