Discover this new construction home in Homewise's Miraflores community. Currently under construction, this two-story residence offers 1,675 square feet of well-planned living space with three generously sized bedrooms, 2.5 bathrooms, and a functional layout designed for everyday living. The spacious bedrooms are all located on the upper level, along with the laundry room, making daily routines convenient and effortless. The open-concept main floor provides a welcoming space for gathering, entertaining, or simply enjoying time at home. This home offers the benefits and peace of mind that come with new construction, including a one-year builder warranty and a 10-year roof warranty. Conveniently located near shopping, recreation, and major streets making the commute to Albuquerque or Los Alamos a breeze. This home will be fully equipped and move-in ready with all appliances including the washer and dryer. material consideration to the Buyer, then the Buyer should have it measured.
New construction
$535,000
5207 Festival, Santa Fe, NM 87507
3beds
1,675sqft
Single Family Residence
Built in 2026
4,356 Square Feet Lot
$-- Zestimate®
$319/sqft
$58/mo HOA
What's special
Open-concept main floorThree generously sized bedroomsTwo-story residence
- 4 days
- 163
- 2
Zillow last checked:
Listing updated:
Listed by:
Maria Arguello,
Homewise, Inc 505-983-9473,
Rico Lopez 505-231-1244,
Homewise, Inc
Source: SFARMLS,MLS#: 202604356
Originating MLS: Santa Fe Association of REALTORS
Originating MLS: Santa Fe Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air, Refrigerated
Appliances
- Included: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer, ENERGY STAR Qualified Appliances, Tankless Water Heater
Features
- Interior Steps
- Flooring: Carpet, Vinyl
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,675
- Total interior livable area: 1,675 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Direct Access, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 Square Feet
- Features: Drip Irrigation/Bubblers
Details
- Parcel number: 99311333
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northern New Mexico
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Flat,Metal,Pitched,Reflective
Condition
- Under Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Green energy
- Energy efficient items: Water Heater
- Water conservation: Low-Flow Fixtures, Water-Smart Landscaping
Community & HOA
Community
- Security: Heat Detector, Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Trail(s)
- Services included: Common Areas
- HOA fee: $173 quarterly
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $319/sqft
- Tax assessed value: $22,500
- Annual tax amount: $243
- Date on market: 10/7/2026
- 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 |
|---|---|---|
| 10/8/2026 | Listed for sale | $535,000$319/sqft |
Source:  SFARMLS #202604356 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $243 +6.7% | $22,500 +5.9% |
| 2024 | $228 +0.2% | $21,250 |
| 2023 | $228 -1.6% | $21,250 |
| 2022 | $231 | $21,250 |
| 2021 | -- | -- |
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: 87507
Nearby schools
Schools provided by the listing agent
- Elementary: Cesar Chavez
- Middle: Ortiz
- High: Capital
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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