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For sale
  • Price cut: $20K (9/10)
    $475,000

    139 Old Lamy Trl, Lamy, NM 87540

    1beds
    1,098sqft
    : 
    $2,971/mo
    Get pre-qualified
    Single Family Residence
    Built in 2001
    1.03 Acres Lot
    $-- Zestimate®
    $433/sqft
    $-- HOA

    What's special

    Secluded loftUnder the tree canopy
    Built in 2001 as an artist studio, the Lamy Rail House is a distinctive Northern New Mexico retreat for someone seeking character, land and a true sense of place. Set on 1.03 acres in historic Lamy, just 18 miles from downtown Santa Fe, this home offers vaulted ceilings, textured concrete floors, a wood-burning stove and two open-framed porches that extend the living space into the high-desert landscape. The house has a creative history, having been home to artists including a blacksmith and painter, and its open, studio-like character remains central to the experience. A secluded loft provides flexible space for guests, lounging or creative pursuits. From nearly every room, views extend toward the historic Mission Chapel of Our Lady of Light, while the property itself reaches toward Lamy's Depot and the Legal Tender Saloon. The setting is uniquely Lamy: historic railroad architecture, open skies, wetlands, mature trees and a community that feels worlds away from Santa Fe while remaining an easy drive from the Plaza. Yet this retreat is never disconnected from the wider world. The historic rail line provides an extraordinary connection beyond New Mexico, with Amtrak service offering access to destinations including Los Angeles and Chicago. It is a rare combination: the peace and character of a small historic village with a rail connection that can take you far beyond Northern New Mexico. The active rail line is part of Lamy's distinctive setting, with Amtrak passing through twice daily and Sky Railway bringing visitors and adventure to the village. For some, passing trains are simply part of the rhythm of Lamy; for others, they are part of what makes this place memorable. Zoned Traditional Community, the property offers both residential and commercial possibilities. The Lamy Rail House is a place to create, retreat, entertain, work, or simply enjoy the extraordinary light, landscape and history of one of Northern New Mexico's most distinctive communities.
    119 days
    472
    37

    Zillow last checked:

    Listing updated:

    Listed by:

    Catherine Ish 505-660-5061,

    Corcoran Plaza Properties 505-982-4466

    Source: SFARMLS,MLS#: 202602680MLS LogoOriginating MLS: Santa Fe Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Propane, Wood Stove
      Cooling
      • None
      Appliances
      • Included: Dryer, Oven, Range, Refrigerator, Water Heater, Washer
      Features
      • No Interior Steps
      • Flooring: Concrete
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 1,098
      • Total interior livable area: 1,098 sqft

      Property

      Parking
      • Total spaces: 3
      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 1.03 Acres
      Details
      • Additional structures: Storage
      • Parcel number: 980001504
      • Zoning description: Traditional Community
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Northern New Mexico
      • Property subtype: Single Family Residence
      Materials
      • Other, Stucco
      • Foundation: Permanent, Slab
      • Roof: Metal,Pitched
      Condition
      • Year built: 2001

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Community/Coop, Other, See Remarks
      • Utilities for property: High Speed Internet Available, Electricity Available

      Community & HOA

      Community
      • Security: Dead Bolt(s), Surveillance System
      HOA
      • Has HOA: No
      Location
      • Region: Lamy

      Financial & listing details

      • Price per square foot: $433/sqft
      • Tax assessed value: $275,283
      • Annual tax amount: $2,639
      • Date on market: 6/22/2026
      • 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
        9/10/2026Price change$475,000-4%$433/sqft
        Source: SFARMLS #202602680 Report a problem
        6/22/2026Listed for sale$495,000-23.6%$451/sqft
        Source: SFARMLS #202602680 Report a problem
        2/18/2025Listing removed$648,000$590/sqft
        Source: SWMLS #1066651 Report a problem
        6/11/2024Price change$648,000-5.4%$590/sqft
        Source: SFARMLS #202400615 Report a problem
        4/16/2024Listed for sale$685,000$624/sqft
        Source: SFARMLS #202400615 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,639 +1%$275,283 +0.5%
        2024$2,612 +102.7%$273,874 +53.2%
        2023$1,289 +2.6%$178,713 +3%
        2022$1,256 +2%$173,509 +3%
        2021$1,232 +2.3%$168,456 +209%
        2020$1,205 +2%$54,517 +3%
        2019$1,181 +2%$52,929 +2.3%
        2018$1,158 $51,717 +41.7%
        2017$1,158 +42.5%$36,494 +3%
        2016$813 $35,432 +3%
        2015$813 +8.6%$34,400 -12.2%
        2014$748 -17.8%$39,194
        2013$910 +1.6%--
        2012$896 +2%--
        2011$878 +4%--
        2010$844 +4.9%--
        2009$805 +3.9%--
        2008$775 +1.7%--
        2005$762 +15.9%--
        2004$657 -7.2%--
        2003$708 +5.6%--
        2002$671 --
        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: 87540

        Getting around

        8 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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