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For sale
  • Price cut: $40K (7/22)
    $1,245,000

    176 Principe De Paz, Santa Fe, NM 87508

    3beds
    2,350sqft
    : 
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    Single Family Residence
    Built in 2023
    2.86 Acres Lot
    $1,211,800 Zestimate®
    $530/sqft
    $100/mo HOA

    What's special

    Custom wood vanitiesBeautifully hued granite countertopsWalk-in showerLarge butcher-block islandPanoramic sunset viewsExpansive viewsHigh ceilings with beams
    Panoramic sunset views and newer construction come together beautifully in this 2,350 sq. ft. single-level home, completed in 2023 and sited on 2.9 private acres. Just a 5-minute walk from the 525-acre Santa Fe Canyon Preserve, this thoughtfully designed residence offers a rare combination of privacy, access to nature, and contemporary Southwestern style. Located only 7 minutes from Eldorado's shopping and amenities and 20 minutes from downtown Santa Fe, it provides the perfect balance of seclusion and convenience. Upon entering, one immediately experiences the home's inviting blend of modern and Southwestern influences. The open-concept living, dining, and kitchen area is filled with natural light and framed by expansive views. High ceilings with beams create a sense of volume, while a striking fireplace serves as an artistic focal point for the great room. French doors open directly to both the deep front portal, positioned to capture spectacular sunset views, and the private rear portal and courtyard, creating a seamless connection between indoor and outdoor living. The kitchen features beautifully hued granite countertops and a large butcher-block island that naturally defines the space. The walled backyard offers privacy for pets, play, and gardening, while the rear portal provides a peaceful outdoor retreat. Privately situated, the primary suite features a sitting area or office nook with direct access to the rear courtyard. The primary bath blends contemporary style with Southwestern character through custom wood vanities, a walk-in shower, and a vessel soaking tub with views. Two guest bedrooms occupy the opposite side of the home, creating excellent separation and privacy. One is currently used as a home office, offering flexibility for a variety of lifestyles. A rare opportunity to own a thoughtfully designed newer home with panoramic views, privacy, and easy access to both Eldorado and Santa Fe.
    28 days
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    1,043
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    65
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    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Duran 505-204-2491,

    Barker Realty, LLC 505-982-9836,

    Amanda R. Morris 505-231-0494,

    Barker Realty, LLC

    Source: SFARMLS,MLS#: 202602696MLS LogoOriginating MLS: Santa Fe Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air, Refrigerated
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater, Washer
      Features
      • No Interior Steps
      • Flooring: Tile
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 2,350
      • Total interior livable area: 2,350 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 2.86 Acres
      Details
      • Parcel number: 129100441
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Pueblo
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco
      • Foundation: Slab
      • Roof: Flat
      Condition
      • Year built: 2023

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Ridges
      HOA
      • Has HOA: Yes
      • Services included: Common Areas, Road Maintenance
      • HOA fee: $1,200 annually
      Location
      • Region: Santa Fe

      Financial & listing details

      • Price per square foot: $530/sqft
      • Tax assessed value: $853,534
      • Annual tax amount: $7,037
      • Date on market: 6/24/2026
      • Listing terms: Cash,Conventional,1031 Exchange,New Loan
      • Electric utility on property: Yes

        Estimated market value

        $1,211,800

        $1.15M - $1.27M

        $4,214/mo

        Price history

        DateEventPrice
        7/22/2026Price change$1,245,000-3.1%$530/sqft
        Source: SFARMLS #202602696 Report a problem
        6/24/2026Listed for sale$1,285,000$547/sqft
        Source: SFARMLS #202602696 Report a problem
        5/25/2026Listing removed$1,285,000$547/sqft
        Source: SFARMLS #202600678 Report a problem
        5/6/2026Price change$1,285,000-3.6%$547/sqft
        Source: SFARMLS #202600678 Report a problem
        3/18/2026Listed for sale$1,333,000+887.4%$567/sqft
        Source: SFARMLS #202600678 Report a problem
        3/30/2021Sold--
        Source: Agent Provided Report a problem
        10/20/2020Listed for sale$135,000$57/sqft
        Source: Santa Fe Properties #202004482 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,037 -14.5%$849,981 +3%
        2024$8,231 +552.6%$825,225 +621%
        2023$1,261 +10.9%$114,458 +9.3%
        2022$1,137 +22.4%$104,729 +23.6%
        2021$929 +12.9%$84,729 +240.1%
        2020$823 +0.1%$24,910
        2019$822 -0.4%$24,910 +0%
        2018$826 $24,909 +2.4%
        2017$826 +1.8%$24,335 -43.8%
        2016$811 $43,333
        2015$811 -41.9%$43,333 +0.1%
        2014$1,397 $43,290
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87508

        Getting around

        0 / 100
        Car-Dependent
        12 / 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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