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For sale
  • $1,625,000

    1201 Madrid Rd, Santa Fe, NM 87505

    4beds
    3,893sqft
    : 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
    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Baryalai K. Shalizi 505-670-8431,

    Shalizi Real Estate 505-474-4203

    Source: SFARMLS,MLS#: 202601990MLS LogoOriginating MLS: Santa Fe Association of REALTORS

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      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

      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

        DateEventPrice
        6/3/2026Listed for sale$1,625,000$417/sqft
        Source: SFARMLS #202601990 Report a problem
        7/31/2003Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax 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

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          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

          Getting around

          41 / 100
          Car-Dependent
          56 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          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.

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