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For sale
  • Price cut: $75K (6/8)
    $1,675,000

    231 1/2 Rosario Blvd, Santa Fe, NM 87501

    5beds
    3,270sqft
    : 
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    Single Family Residence
    Built in 1939
    5,662 Square Feet Lot
    $-- Zestimate®
    $512/sqft
    $-- HOA

    What's special

    Kiva fireplacesContemporary pueblo feelAll bedrooms upstairs
    3.5% interest rate? Reach out for more info. Rarely does a Downtown Santa Fe compound offer this level of versatility, character, and convenience. Just moments from the Historic Santa Fe Plaza, this exceptional property includes a 3-bedroom, 3-bath main residence, an attached and separately metered 2-bedroom, 2-bath casita, and a coveted 2-car garage with oversized storage space — a true luxury in the downtown area. The main residence offers a contemporary Pueblo feel with stained concrete floors, kiva fireplaces, and all bedrooms upstairs. A spacious, partially covered view deck with mountain vistas, city lights, sunset skies, and gardening beds creates an ideal setting for entertaining or unwinding. The casita, with high ceilings and generous space, is perfect for guests, extended family, or rental income. New (July 2026) Navien combi on-demand boiler & water heater in both the main house and guest house. Close to renowned restaurants, art galleries, and boutique shopping, this rare in-town property is well suited as a primary residence, second home, or investment opportunity. Potential to assume the remaining loan balance with a 3.5% interest rate.
    89 days
    |
    679
    |
    56
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ayden L. Gramm 310-467-7017,

    Corcoran Plaza Properties 505-982-4466

    Source: SFARMLS,MLS#: 202600315MLS LogoOriginating MLS: Santa Fe Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 3
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Radiant Floor
      Cooling
      • Central Air, Refrigerated
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
      Features
      • Interior Steps
      • Flooring: Brick, Concrete, Tile
      • Has basement: No
      • Number of fireplaces: 4
      • Fireplace features: Gas, Kiva
      Interior area
      • Total structure area: 3,270
      • Total interior livable area: 3,270 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Direct Access, Garage
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: Multi/Split
      Lot
      • Size: 5,662 Square Feet
      Details
      • Parcel number: 11944832
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Pueblo
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Flat
      Condition
      • Year built: 1939

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: High Speed Internet Available, Electricity Available

      Community & HOA

      Community
      • Security: Dead Bolt(s)
      HOA
      • Has HOA: No
      Location
      • Region: Santa Fe

      Financial & listing details

      • Price per square foot: $512/sqft
      • Tax assessed value: $1,580,444
      • Annual tax amount: $11,848
      • Date on market: 4/21/2026
      • Listing terms: Assumable,Cash,Conventional,1031 Exchange,New Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/8/2026Price change$1,675,000-4.3%$512/sqft
        Source: SFARMLS #202600315 Report a problem
        4/21/2026Price change$1,750,000+40%$535/sqft
        Source: SFARMLS #202600315 Report a problem
        6/6/2021Pending sale$1,250,000$382/sqft
        Source: SFARMLS #202102294 Report a problem
        6/3/2021Listed for sale$1,250,000+28.2%$382/sqft
        Source: SFARMLS #202102294 Report a problem
        4/29/2012Listing removed$975,000$298/sqft
        Source: Sotheby's International Realty - #201101577 Report a problem
        10/2/2011Price change$975,000-11.4%$298/sqft
        Source: Sotheby's International Realty - #201101577 Report a problem
        4/9/2011Listed for sale$1,100,000$336/sqft
        Source: Sotheby's International Realty - #201101577 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$11,848 -1.1%$1,572,816 +3%
        2023$11,985 +6.6%$1,527,007 +7.4%
        2022$11,242 +40.8%$1,422,055 +42.8%
        2021$7,985 -0.6%$996,034 +197.9%
        2020$8,035 +1.3%$334,366 +2.9%
        2019$7,929 +55.4%$324,896 +56.6%
        2018$5,102 $207,532 +3%
        2017$5,102 +2.6%$201,487 +3%
        2016$4,974 $195,619 +3%
        2015$4,974 +8.6%$189,921 +3.1%
        2014$4,581 +23.4%$184,206
        2013$3,712 +3.2%--
        2012$3,597 -1.6%--
        2011$3,655 -12.6%--
        2010$4,182 -11.7%--
        2009$4,738 +1.2%--
        2008$4,681 +691.8%--
        2005$591 +9%--
        2004$543 -7%--
        2003$584 +5.4%--
        2002$554 -4.4%--
        2001$579 +3.5%--
        2000$560 $33,018
        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: 87501

        Getting around

        65 / 100
        Somewhat Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Carlos Gilbert
        • 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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