Nestled in Santa Fe's desirable South Capital neighborhood, 1201 Madrid Road is a timeless expression of classic Santa Fe living, rich in character, history, and the warm architectural details that define the City Different. Graced by mature trees and abundant natural light, this beautifully restored residence offers approximately 3,533 square feet of living space, blending authentic Southwestern charm with thoughtful modern updates. New boiler and hot water heater installed, May 2026.
Originally built in 1930, stripped down to the studs and expanded between 1990 and 1991, the home preserves its traditional soul while providing the comfort and functionality of contemporary living. Frame/stucco with a little adobe construction, warm natural textures, and four fireplaces—including three traditional kiva fireplaces—create an atmosphere that is both elegant and deeply inviting for entertaining.
Large windows throughout fill every room with flowing interior light, while the spacious floor plan features four bedrooms and three full baths. A beautifully scaled garden, shaded by established trees, offers an intimate and manageable outdoor sanctuary without overwhelming upkeep.
Beyond the main residence, a separate 360-square-foot studio provides additional possibilities—ideal as an artist's studio, office, or private retreat. Just steps from the celebrated Santa Fe art scene and within sight of CCA, the location is as inspiring and downtown-convenient as the home itself.
A hot tub, solar panels that minimize electric bills, and a two-car carport complete this remarkable property—a rare blend of historic character, privacy, and enduring Southwestern beauty.
For safety and security, there are 4 Ring cameras with audio/visual recording and automatic motion detectors. Additionally, there are smoke/fire/carbon monoxide detectors.
Square footage and lot size are approximate. If of material interest, Buyer should independently verify sq. ft.
For sale
$1,625,000
1201 Madrid Rd, Santa Fe, NM 87505
4beds
3,893sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1930
1.06 Acres Lot
$-- Zestimate®
$417/sqft
$-- HOA
What's special
Authentic southwestern charmThoughtful modern updatesHot tubTwo-car carportWarm natural texturesSpacious floor planGraced by mature trees
- 17 hours |
- 258 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Baryalai K. Shalizi 505-670-8431,
Shalizi Real Estate 505-474-4203
Source: SFARMLS,MLS#: 202601990
Originating MLS: Santa Fe Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Features
- Interior Steps
- Flooring: Brick, Wood
- Has basement: Yes
- Number of fireplaces: 4
- Fireplace features: Kiva, Wood Burning
Interior area
- Total structure area: 3,893
- Total interior livable area: 3,893 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: One
- Stories: 1
Lot
- Size: 1.06 Acres
- Features: Drip Irrigation/Bubblers
Details
- Additional structures: Outbuilding, Studio Detached
- Parcel number: 11326080
- Special conditions: Standard
- Other equipment: Irrigation Equipment
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subtype: Single Family Residence
Materials
- Adobe, Frame, Stucco
- Foundation: Basement
- Roof: Flat
Condition
- Year built: 1930
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: High Speed Internet Available
Green energy
- Water conservation: Low-Flow Fixtures, Rain Water Collection
Community & HOA
Community
- Security: Surveillance System
HOA
- Has HOA: No
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $1,102,356
- Annual tax amount: $4,450
- Date on market: 6/2/2026
- Listing terms: Cash,Conventional,New Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $1,625,000$417/sqft |
Source: | ||
| 7/31/2003 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,336 +0% | $575,033 +3% |
| 2023 | $4,335 +2.3% | $558,286 +3% |
| 2022 | $4,238 +1.6% | $542,026 +3% |
| 2021 | $4,171 +3.1% | $526,239 +209% |
| 2020 | $4,044 +1.5% | $170,304 +3% |
| 2019 | $3,986 +2.3% | $165,344 +3% |
| 2018 | $3,897 | $160,528 +3% |
| 2017 | $3,897 +2.6% | $155,853 +3% |
| 2016 | $3,798 | $151,314 +3% |
| 2015 | $3,798 +7.2% | $146,907 -3.4% |
| 2014 | $3,543 -22.5% | $152,051 |
| 2013 | $4,573 +3.2% | -- |
| 2012 | $4,431 -1.6% | -- |
| 2011 | $4,503 +1.4% | -- |
| 2010 | $4,440 -18.3% | -- |
| 2009 | $5,433 +4.2% | -- |
| 2008 | $5,212 +7.8% | -- |
| 2005 | $4,835 +9% | -- |
| 2004 | $4,437 +44.5% | -- |
| 2003 | $3,071 +5.4% | -- |
| 2002 | $2,914 -4.4% | -- |
| 2001 | $3,048 +3.5% | -- |
| 2000 | $2,946 | $163,273 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
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Climate risks
Neighborhood: Don Gaspar
Nearby schools
GreatSchools rating
- 7/10Wood-Gormley Elementary SchoolGrades: K-6Distance: 0.6 mi
- 6/10Milagro Middle SchoolGrades: 7-8Distance: 1.9 mi
- NASanta Fe EngageGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: Wood Gormley
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Santa Fe County
- Santa Fe
- 87505
- Don Gaspar
- 1201 Madrid Rd






