Bring your horses to this pinon and juniper covered Santa Fe County property close to town! The 10.8 acre parcel in Los Cerros Negros includes a main house, guest quarters, horse facility and is only 8 miles to the Santa Fe Plaza. The Southwest inspired house and guest quarters feature beautifully handcrafted wood throughout. The air conditioned main house has 3 bedrooms, 3 bathrooms and a sun room. The guest quarters has 2 bedrooms, 1 bathroom and an office. Your green thumb will be delighted with the large sun room in the main house where something can be blooming year round. The guest house could be a mother in law quarters or even an income producing property since it has its own entrance. There is abundant storage with many closets, a pantry, storage area off the covered portal and additional storage in the oversized well house.The horse barn situated away from the house includes a tack room, hay storage and 4 large stalls.
Despite the country setting you are minutes away from Harry's Road House, Jambo Bobcat Bite, Cafe Fina and the Eldorado Supermarket. Just down the road is historical Santa Fe with its many dining options, art galleries and museums.
For sale
Price cut: $200K (5/14)
$1,400,000
492 Old Las Vegas Hwy, Santa Fe, NM 87505
5beds
4,600sqft
:
Get pre-qualified$8,107/mo
Single Family Residence
Built in 1982
10.8 Acres Lot
$-- Zestimate®
$304/sqft
$-- HOA
What's special
Air conditioned main houseBeautifully handcrafted wood throughout
- 101 days |
- 323 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Maria Martinez 505-470-9535,
Varela Real Estate, Inc. 505-982-2525
Source: SFARMLS,MLS#: 202601547
Originating MLS: Santa Fe Association of REALTORS
Originating MLS: Santa Fe Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Heating
- Electric, Fireplace(s)
Cooling
- Central Air, Refrigerated
Features
- Beamed Ceilings, Interior Steps
- Flooring: Brick
- Has basement: No
- Number of fireplaces: 4
- Fireplace features: Kiva
Interior area
- Total structure area: 4,600
- Total interior livable area: 4,600 sqft
Property
Parking
- Total spaces: 6
- Parking features: None
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: Two,Multi/Split
- Stories: 2
- Exterior features: Horse Facilities
Lot
- Size: 10.8 Acres
Details
- Additional structures: Barn(s), Stable(s)
- Parcel number: 125253297
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multi-Level
- Property subtype: Single Family Residence
Materials
- Block, Frame, Stucco
- Roof: Flat
Condition
- Year built: 1982
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Electricity Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $888,157
- Annual tax amount: $5,152
- Date on market: 4/15/2026
- 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
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Price change | $1,400,000-12.5%$304/sqft |
Source:  SFARMLS #202601547 Report a problem | ||
| 4/16/2026 | Listed for sale | $1,600,000$348/sqft |
Source: SFARMLS #202601547 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,152 +2.1% | $748,896 +3% |
| 2024 | $5,044 -0.1% | $727,084 +3% |
| 2023 | $5,048 +2.6% | $705,908 +3% |
| 2022 | $4,918 +1.1% | $685,349 +3% |
| 2021 | $4,866 +2% | $665,388 +208.3% |
| 2020 | $4,769 +0.3% | $215,827 +1.2% |
| 2019 | $4,757 +2.7% | $213,194 +3% |
| 2018 | $4,633 | $206,984 -5.6% |
| 2017 | $4,633 -5.1% | $219,349 +160.2% |
| 2016 | $4,884 | $84,310 +3% |
| 2015 | $4,884 +174.4% | $81,855 +3.1% |
| 2014 | $1,780 +23.7% | $79,392 |
| 2013 | $1,439 +1.6% | -- |
| 2012 | $1,417 -0.9% | -- |
| 2011 | $1,430 +1% | -- |
| 2010 | $1,417 +8.4% | -- |
| 2009 | $1,307 +3.9% | -- |
| 2008 | $1,258 +1.7% | -- |
| 2005 | $1,236 +15.9% | -- |
| 2004 | $1,067 -7.2% | -- |
| 2003 | $1,149 +5.6% | -- |
| 2002 | $1,089 -4.5% | -- |
| 2001 | $1,140 +3.5% | -- |
| 2000 | $1,101 | $62,643 |
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.Climate risks
Neighborhood: 87505
Nearby schools
GreatSchools rating
- 9/10Atalaya Elementary SchoolGrades: PK-6Distance: 6.9 mi
- 6/10Milagro Middle SchoolGrades: 7-8Distance: 6 mi
- NASanta Fe EngageGrades: 9-12Distance: 8.5 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.
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