Lot 17 in the Southern Crescent neighborhood of the Galisteo Basin Preserve offers a rare opportunity to build in a protected high-desert setting with direct access to open space and expansive mountain and basin views. Southern Crescent is one of a limited number of neighborhoods within the 9,500-acre Preserve, the majority of which is permanently conserved, offering long-term privacy, dark night skies, and an exceptional natural environment.
The lot features a clearly designated building envelope with excellent solar exposure, making it well-suited for an efficient, thoughtfully designed home. Underground electric and telephone are in place, and water is supplied by a shared well system, significantly reducing upfront infrastructure hurdles for a new build.
Lot 17 borders protected open space and provides immediate access to miles of hiking and exploration within the Preserve. Mature trees, native grasses, and sweeping views of multiple mountain ranges define the setting, while reasonable design guidelines help ensure long-term value and aesthetic continuity throughout the neighborhood.
Despite the sense of seclusion, the property remains conveniently located approximately 10 minutes from Lamy and Eldorado amenities, including dining, a tap room, and the Amtrak station, with the historic City of Santa Fe only about 20 minutes away.
A comprehensive soils report has been completed for the lot and is available to qualified buyers upon request.
This is a build-ready homesite offering a rare balance of privacy, protected land, and proximity to Santa Fe.
Lot/land
$199,000
55 Southern Cres, Santa Fe, NM 87540
--beds
--baths
4.3Acres
Residential Land
Built in ----
4.3 Acres Lot
$-- Zestimate®
$--/sqft
$142/mo HOA
What's special
Dark night skiesNative grassesExcellent solar exposureExceptional natural environmentBorders protected open spaceClearly designated building envelopeMature trees
- 361 days |
- 77 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
John T. Congdon 505-688-2756,
Corcoran Plaza Properties 505-982-4466,
James Congdon 505-490-2800,
Corcoran Plaza Properties
Source: SFARMLS,MLS#: 202502957
Originating MLS: Santa Fe Association of REALTORS
Facts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Features
- Exterior features: None
- Has view: Yes
- Waterfront features: None
Lot
- Size: 4.3 Acres
- Features: Views
- Topography: Varied
- Residential vegetation: Grassed
Details
- Parcel number: 910015861
- Zoning: Rural Residential
- Zoning description: Residential Estate
- Special conditions: Standard
- Horses can be raised: Yes
Utilities & green energy
- Electric: Underground
- Sewer: Septic Needed
- Water: Shared Well
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Other, See Remarks
HOA
- Has HOA: Yes
- Services included: Common Areas, Road Maintenance
- HOA fee: $425 quarterly
Location
- Region: Santa Fe
Financial & listing details
- Tax assessed value: $142,108
- Annual tax amount: $1,356
- Date on market: 7/10/2025
- Listing terms: Cash,Conventional,New Loan
- Electric utility on property: Yes
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
$3,308/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2025 | Listed for sale | $199,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,356 +5.2% | $142,108 +5.3% |
| 2023 | $1,289 -1.2% | $134,930 |
| 2022 | $1,305 +39.2% | $134,930 +39.8% |
| 2021 | $937 | $96,540 +200% |
| 2020 | $937 +0% | $32,180 |
| 2019 | $937 0% | $32,180 +0% |
| 2018 | $938 | $32,179 |
| 2017 | $938 0% | $32,179 -34.6% |
| 2016 | $938 | $49,187 |
| 2015 | $938 -31.9% | $49,187 +0.1% |
| 2014 | $1,376 | $49,137 |
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: 87540
Nearby schools
GreatSchools rating
- 9/10El Dorado Community SchoolGrades: PK-8Distance: 4.5 mi
- NASanta Fe EngageGrades: 9-12Distance: 12.7 mi
Schools provided by the listing agent
- Elementary: El Dorado Com School
- Middle: El Dorado Com School
- 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
- 87540
- 55 Southern Cres





