For sale

Price cut: $21K (6/14)

$699,000

7 Tierra Madre Rd, Placitas, NM 87043

5beds

3,371sqft

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Single Family Residence

Built in 1987

0.9 Acres Lot

$-- Zestimate^®

$207/sqft

$-- HOA

What's special

Pueblo revival adobe homeTraditional kiva fireplaceThick adobe wallsSandia mountain viewsClassic hacienda-style characterPrivate acreBrick floors

Main home is 2,297sf w/3bed 2bath and casita is ~1,074sf w/2bed 1bath. Experience authentic New Mexico living on a private acre in Placitas, just moments from Highway 165. This Pueblo Revival adobe home showcases classic Hacienda-style character with thick adobe walls, wood vigas, brick floors, and a traditional kiva fireplace. Natural light fills the home, with Sandia Mountain views and a sunroom-style corridor connecting indoor and outdoor spaces. The flexible layout includes a main residence and a detached casita/ADU connected by a breezeway--ideal for multigenerational living, guest quarters, home office, or studio space. A rare opportunity offering character, privacy, and versatile living in a scenic setting.

169 days

952

48

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 2

Primary bedroom

Level: Main
Area: 204
Dimensions: 17 x 12

Kitchen

Level: Main
Area: 276
Dimensions: 23 x 12

Living room

Level: Main
Area: 280
Dimensions: 20 x 14

Heating

Propane, Radiant, Wall Furnace

Cooling

Evaporative Cooling

Appliances

Included: Cooktop, Free-Standing Gas Range, Refrigerator
Laundry: Other, Washer Hookup, Dryer Hookup, ElectricDryer Hookup

Features

Beamed Ceilings, Breakfast Bar, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Main Level Primary
Flooring: Brick, Laminate, Tile
Windows: Double Pane Windows, Insulated Windows
Has basement: No
Number of fireplaces: 2
Fireplace features: Kiva, Zero Clearance

Interior area

Total structure area: 3,371
Total interior livable area: 3,371 sqft

Property

Parking

Total spaces: 3
Parking features: Garage, RV Garage, Storage, Workshop in Garage
Garage spaces: 3

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Propane Tank - Leased
Fencing: Back Yard,Front Yard
Has view: Yes

Lot

Size: 0.9 Acres
Features: Landscaped, Views, Xeriscape

Details

Parcel number: R136484
Zoning description: RR-2

Construction

Type & style

Home type: SingleFamily
Architectural style: Pueblo
Property subtype: Single Family Residence

Materials

Adobe, Frame, Stucco
Roof: Flat,Tar/Gravel

Condition

Resale
New construction: No
Year built: 1987

Utilities & green energy

Electric: Energy Storage Device
Sewer: Septic Tank
Water: Shared Well
Utilities for property: Electricity Connected, Propane

Green energy

Energy generation: Solar
Water conservation: Water-Smart Landscaping

Community & HOA

Community

Security: Security System

Location

Region: Placitas

Financial & listing details

Price per square foot: $207/sqft
Tax assessed value: $416,698
Annual tax amount: $2,979
Date on market: 9/13/2025
Cumulative days on market: 271 days
Listing terms: Cash,Conventional,VA Loan
Road surface type: Dirt, Gravel, Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/14/2026	Price change	$699,000-2.9%$207/sqft
Source: SWMLS #1091337 Report a problem
2/26/2026	Price change	$720,000-7.5%$214/sqft
Source: SWMLS #1091337 Report a problem
1/8/2026	Listed for sale	$778,000-1.3%$231/sqft
Source: SWMLS #1091337 Report a problem
12/23/2025	Listing removed	$788,000$234/sqft
Source: SWMLS #1091337 Report a problem
9/13/2025	Listed for sale	$788,000+64.5%$234/sqft
Source: SWMLS #1091337 Report a problem
8/20/2020	Sold	--
Source: Agent Provided Report a problem
7/7/2020	Pending sale	$479,000$142/sqft
Source: Realty One of New Mexico #968665 Report a problem
5/21/2020	Listed for sale	$479,000$142/sqft
Source: Realty One of New Mexico #968665 Report a problem
8/8/2019	Sold	--
Source: SWMLS #942983 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,940 -1.3%	$138,900 +3%
2024	$2,980 +3.7%	$134,854 +3%
2023	$2,873 +1.3%	$130,926 +3%
2022	$2,836 -0.2%	$127,113 +3%
2021	$2,843 +48.1%	$123,411 +48.1%
2020	$1,919 +86.2%	$83,333 -6.2%
2019	$1,031 -43.2%	$88,812 +3%
2018	$1,816 -15.6%	$86,225 +3%
2017	$2,152	$83,713
2016	$2,152 +1.9%	$83,713
2014	$2,113	$83,713
2013	$2,113	$83,713 -66.7%
2011	--	$251,141

Find assessor info on the county website

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