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For sale
  • $1,450,000

    1238 Madrid Rd, Santa Fe, NM 87505

    3beds
    3,086sqft
    : 
    $8,970/mo
    Get pre-qualified
    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
    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.
    8 days
    805
    57

    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#: 202604149MLS LogoOriginating 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

      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

        DateEventPrice
        9/25/2026Listed for sale$1,450,000$470/sqft
        Source: SFARMLS #202604149 Report a problem

        Public tax history

        YearProperty taxesTax 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

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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.
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        Climate risks

        Neighborhood: Don Gaspar

        Getting around

        48 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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