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  • Zillow Home logoZestimate®
    $1,397,100

    40 Silver Saddle, Lamy, NM 87540

    2beds
    3,729sqft
    SingleFamily
    Built in 1990
    12.53 Acres Lot
    $1,397,100 Zestimate®
    $375/sqft
    $4,603 Estimated rent

    Home value

    $1,397,100

    $1.33M - $1.47M

    $4,603/mo

    Zestimate® history
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    What's special

    INCREDIBLE VIEWS AND... Another... PRICE DROP! Fully retouched and ready to go! House has been given a fresh new look inside with more landscaping touches with Natural gas!. Now at only $825,000, this house has Master views in all directions from the Galisteo Basin, Sandias, Jemez and Sangre de Cristos. Bruce Davis has designed this stately one level house and added a separate long-view tower office at roof-level. The large living room leads to an elegant dining room. The Master Suite has a room-size closet, a steam/shower and a bathtub. French Doors open from the guest room and en-suite bath onto a romantic courtyard. The large eat-in kitchen has a fireplace and opens to the striking veranda overlooking the Galisteo Basin and well beyond. The views are protected and the night sky is stellar! With a shared well on 12.5 gentle acres, there is a stucco storage shed, a greenhouse and ample parking for guests - plus land to build a guesthouse, studio, and horse facilities. Although this is currently a two bedroom, the additional two offices can be converted to turn this into four bedrooms. The well water has been tested, and the report is available. Hikers and Horses are of course welcome with miles of accessible trails. Horse lovers will enjoy direct access to the Galisteo Basin Preserve's 27-mile trail network and the Rail Trail through a private easement. The nationally-acclaimed Preserve includes hundreds of acres of protected open space for hiking, biking and trail riding.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 3,729 sqft

    Property

    Features
    • Levels: Two Story
    Lot
    • Size: 12.53 Acres
    Details
    • Parcel number: 940001584

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1990

    Utilities & green energy

    • Electric: Public
    • Gas: Natural

    Community & HOA

    Location
    • Region: Lamy

    Financial & listing details

    • Price per square foot: $375/sqft
    • Tax assessed value: $1,183,689
    • Annual tax amount: $6,036

    Price history

    DateEventPrice
    10/4/2026Listing removed$1,499,000$402/sqft
    Source: SFARMLS #202602988 Report a problem
    7/23/2026Listed for sale$1,499,000+81.7%$402/sqft
    Source: SFARMLS #202602988 Report a problem
    8/5/2020Listing removed$825,000$221/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    6/25/2020Pending sale$825,000$221/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    6/1/2020Listed for sale$825,000-2.9%$221/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    11/1/2019Listed for sale$850,000$228/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    10/20/2019Pending sale$850,000$228/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    8/29/2019Listed for sale$850,000-10.8%$228/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    10/5/2018Price change$953,000-3.5%$256/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    6/29/2018Price change$987,300-8.2%$265/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    1/26/2018Listed for sale$1,075,000-2.3%$288/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    7/26/2017Listed for sale$1,100,000$295/sqft
    Source: Santa Fe Properties #201703617 Report a problem
    4/15/2016Listing removed$1,100,000$295/sqft
    Source: Sotheby's International Realty - Main Downtown #201501409 Report a problem
    4/13/2015Listed for sale$1,100,000$295/sqft
    Source: Sotheby's Int. RE/Washington #201501409 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,036 +2.1%$870,381 +3%
    2024$5,911 -0.1%$845,031 +3%
    2023$5,917 +2.6%$820,419 +3%
    2022$5,767 +2%$796,524 +3%
    2021$5,655 +20.2%$773,326 +263.2%
    2020$4,705 +2%$212,897 +3%
    2019$4,612 +2.7%$206,697 +3%
    2018$4,492 $200,677 +3%
    2017$4,492 +3.5%$194,832 +3%
    2016$4,338 $189,157 +3%
    2015$4,338 +8.6%$183,648 +3.1%
    2014$3,994 +23.7%$178,121
    2013$3,229 +1.6%--
    2012$3,179 +2%--
    2011$3,116 +4%--
    2010$2,996 +4.9%--
    2009$2,855 +3.9%--
    2008$2,748 +1.7%--
    2005$2,702 +9.3%--
    2004$2,472 -7.2%--
    2003$2,662 +5.6%--
    2002$2,522 -4.5%--
    2001$2,641 --
    Find assessor info on the county website

    Neighborhood: 87540

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: El Dorado Com School
    • Middle: El Dorado Com School
    • High: Santa Fe

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,397,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,397,100