Build your dream home on this 1.52 acre lot adjacent to the Dale Ball Trails. Your new home will be only 5 minutes from downtown and has great views of the Jemez and Sandia mountains. This is one of the few view lots left in Cerros Colorados with paved access and has underground utilities. Owner/broker would consider OWNER FINANCING.
Lot/land
Price cut: $25K (5/26)
$135,000
1992 Cerros Colorados, Santa Fe, NM 87501
--beds
--baths
1.52Acres
Residential Land
Built in ----
1.52 Acres Lot
$-- Zestimate®
$--/sqft
$50/mo HOA
What's special
- 301 days |
- 143 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Maria Martinez 505-470-9535,
Varela Real Estate, Inc. 505-982-2525
Source: SFARMLS,MLS#: 202504036
Originating MLS: Santa Fe Association of REALTORS
Originating MLS: Santa Fe Association of REALTORSFacts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Features
- Exterior features: None
Lot
- Size: 1.52 Acres
Details
- Parcel number: 970002074
- Zoning: R-1, 2, 3, 4, 5, 6
- Zoning description: residential
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Electricity Available
Community & HOA
Community
- Subdivision: Cerros Colorados
HOA
- Has HOA: Yes
- Services included: Road Maintenance
- HOA fee: $600 annually
Location
- Region: Santa Fe
Financial & listing details
- Tax assessed value: $131,254
- Annual tax amount: $1,409
- Date on market: 9/9/2025
- Listing terms: Cash,Conventional,1031 Exchange,New Loan,Owner Will Carry
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Price change | $135,000-15.6% |
Source:  SFARMLS #202504036 Report a problem | ||
| 9/9/2025 | Listed for sale | $160,000 |
Source: SFARMLS #202504036 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,409 +0.2% | $131,254 |
| 2023 | $1,407 -1.6% | $131,254 |
| 2022 | $1,429 +4.3% | $131,254 +5% |
| 2021 | $1,370 +0.7% | $125,000 +200% |
| 2020 | $1,361 -17% | $41,667 -16.7% |
| 2019 | $1,640 -0.3% | $50,000 +0% |
| 2018 | $1,645 | $49,999 |
| 2017 | $1,645 -0.7% | $49,999 0% |
| 2016 | $1,656 | $50,000 |
| 2015 | $1,656 +4.3% | $50,000 +0.1% |
| 2014 | $1,587 | $49,950 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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: 87501
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 9/10Atalaya Elementary SchoolGrades: PK-6Distance: 1.9 mi
- 6/10Milagro Middle SchoolGrades: 7-8Distance: 4.7 mi
- NASanta Fe EngageGrades: 9-12Distance: 8.1 mi
Schools provided by the listing agent
- Elementary: Atalaya
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Santa Fe County
- Santa Fe
- 87501
- 1992 Cerros Colorados
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