Experience the best of both worlds with this exceptional property offering peaceful country living with convenience to amenities. Situated in the coveted subdivision The Ridges, this spacious 4-bedroom, 3-full-bath home sits on a generous five-acre lot and boasts outstanding views of the surrounding landscape and mountains.
Inside, you are welcomed by soaring ceilings that enhance the home's open and airy feel. With 3455 sf of single level living, the thoughtfully designed split bedroom plan ensures privacy, while modern comforts include efficient radiant heat and minisplits for cooling year-round.
Enjoy the ease of paved roads leading right to your property, along with the convenience of community water and natural gas. This tranquil retreat truly combines rural charm with everyday ease!
For sale
$1,250,000
124 Principe De Paz, Santa Fe, NM 87508
4beds
3,455sqft
Single Family Residence
Built in 1999
5.36 Acres Lot
$-- Zestimate®
$362/sqft
$67/mo HOA
What's special
Generous five-acre lotMinisplits for cooling year-roundOpen and airy feelSoaring ceilingsEfficient radiant heat
- 1 day
- 269
- 25
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Coleen Dearing 505-930-9102,
Sotheby's Int. RE - Railyard 505-982-9836
Source: SFARMLS,MLS#: 202604560
Originating MLS: Santa Fe Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Radiant Floor
Cooling
- Heat Pump
Appliances
- Included: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Features
- Beamed Ceilings, No Interior Steps
- Flooring: Tile, Wood
- Windows: Insulated Windows
- Has basement: No
- Number of fireplaces: 3
- Fireplace features: Kiva, Wood Burning
Interior area
- Total structure area: 3,455
- Total interior livable area: 3,455 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached, Direct Access, Garage
- Attached garage spaces: 3
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: One
- Stories: 1
Lot
- Size: 5.36 Acres
Details
- Parcel number: 129100457
- Zoning: R-1, 2, 3, 4, 5, 6
- Zoning description: Rural Residential
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo,Ranch,One Story
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Bitumen,Built-Up,Flat,Membrane
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Available
Community & HOA
Community
- Security: Dead Bolt(s), Heat Detector, Smoke Detector(s)
HOA
- Has HOA: Yes
- Services included: Road Maintenance
- HOA fee: $800 annually
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $362/sqft
- Tax assessed value: $1,198,918
- Annual tax amount: $7,493
- Date on market: 11/13/2026
- Listing terms: New Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2026 | Listed for sale | $1,250,000+79.6%$362/sqft |
Source: | ||
| 8/18/2016 | Listing removed | $696,000$201/sqft |
Source: Sotheby's International Realty - Santa Fe - Grant Avenue Brokerage #201503423 Report a problem | ||
| 5/18/2016 | Listed for sale | $696,000$201/sqft |
Source: Sotheby's International Realty - Santa Fe - Grant Avenue Brokerage #201503423 Report a problem | ||
| 1/21/2016 | Pending sale | $696,000$201/sqft |
Source: Sotheby's International Realty - Santa Fe - Grant Avenue Brokerage #201503423 Report a problem | ||
| 7/27/2015 | Listed for sale | $696,000-22.6%$201/sqft |
Source: Sotheby's Int. RE/Grant #201503423 Report a problem | ||
| 10/22/2013 | Listing removed | $899,000$260/sqft |
Source: Santa Fe Properties #201301159 Report a problem | ||
| 3/19/2013 | Listed for sale | $899,000-2.8%$260/sqft |
Source: Santa Fe Properties #201301159 Report a problem | ||
| 9/26/2012 | Listing removed | $925,000$268/sqft |
Source: Keller Williams Realty #201200585 Report a problem | ||
| 2/17/2012 | Listed for sale | $925,000-7%$268/sqft |
Source: Keller Williams Realty #201200585 Report a problem | ||
| 9/29/2011 | Listing removed | $995,000$288/sqft |
Source: Sotheby's International Realty - #905448 Report a problem | ||
| 10/19/2009 | Listed for sale | $995,000$288/sqft |
Source: NRT #905448 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,493 +2% | $904,602 +3% |
| 2024 | $7,344 -0.1% | $878,255 +3% |
| 2023 | $7,348 +6.1% | $852,676 +3% |
| 2022 | $6,923 +1.3% | $827,841 +3% |
| 2021 | $6,835 -1.4% | $803,730 +199.1% |
| 2020 | $6,936 +1.5% | $268,672 +3% |
| 2019 | $6,835 +1.8% | $260,847 +2.5% |
| 2018 | $6,715 | $254,408 +0.8% |
| 2017 | $6,715 +0.6% | $252,407 +13.2% |
| 2016 | $6,676 | $222,934 +3% |
| 2015 | $6,676 +18.7% | $216,441 +3.1% |
| 2014 | $5,626 +27.7% | $209,927 |
| 2013 | $4,406 +0.4% | -- |
| 2012 | $4,388 -1.8% | -- |
| 2011 | $4,468 -7.3% | -- |
| 2010 | $4,819 -1.2% | -- |
| 2009 | $4,876 -0.7% | -- |
| 2008 | $4,909 +2.3% | -- |
| 2005 | $4,797 +15.3% | -- |
| 2004 | $4,160 +6.6% | -- |
| 2003 | $3,902 +35.7% | -- |
| 2002 | $2,876 +14.2% | -- |
| 2001 | $2,518 +1.3% | -- |
| 2000 | $2,485 | $136,978 |
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: 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.






