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For salePrice cut: $240K (9/14)
$1,995,000
4beds
3,546sqft

512 Acequia Madre #A/b, Santa Fe, NM 87505

4beds
3,546sqft
Condominium
$563/sqft
$225/mo HOA

What's special

Adobe wallsKiva fireplacesAdditional off-street guest parkingDetached one-car garageNew hvac systemsRemodeled kitchensBeamed ceilings

One block from Canyon Road and a short walk to the Plaza, this fully renovated four-bedroom, five-bath residence combines a remarkable sense of history with flexible contemporary living. A rare turnkey offering in the most valuable part of Santa Fe, 512 Acequia Madre was completely reimagined in 2023. The approximately 3,546-square-foot property comprises Units A and B, two condominiums that have been thoughtfully connected and are currently enjoyed as a single residence. The configuration can also function as two independent two-bedroom residences, providing flexibility for extended family, guests, separate living quarters, or income generation opportunities. The primary suite and an additional bedroom suite are located on the main level, while two private guest suites occupy the upper levels. Beamed ceilings, adobe walls, wood floors and kiva fireplaces retain the home’s Northern New Mexico character, while remodeled kitchens, bathrooms, and new HVAC systems provide modern comfort. A detached one-car garage, an uncommon amenity in this neighborhood, is complemented by additional off-street guest parking. From this exceptional location, Canyon Road’s galleries, downtown restaurants and cultural attractions are just a short walk away. Unit A is approximately 2,000 square feet, and Unit B is approximately 1,545 square feet.

225 days
498
27
Source: SFARMLS,MLS#: 202600944MLS LogoOriginating MLS: Santa Fe Association of REALTORS
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Neil D. Lyon 505-660-8600,

Sotheby's Int. RE/Grant 505-988-2533

Source: SFARMLS,MLS#: 202600944MLS LogoOriginating MLS: Santa Fe Association of REALTORS

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
Heating
  • Ductless, Forced Air, Natural Gas
Cooling
  • Central Air, Ductless, Refrigerated
Appliances
  • Included: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer, ENERGY STAR Qualified Appliances
Features
  • Beamed Ceilings, Interior Steps
  • Flooring: Carpet, Tile, Wood
  • Windows: Insulated Windows
  • Has basement: No
  • Number of fireplaces: 3
  • Fireplace features: Gas, Kiva, Wood Burning
Interior area
  • Total structure area: 3,546
  • Total interior livable area: 3,546 sqft

Property

Parking
  • Total spaces: 2
  • Parking features: Detached, Garage
  • Garage spaces: 1
Features
  • Levels: Two,Multi/Split
  • Stories: 2
  • Pool features: None
Lot
  • Size: 0.28 Acres
Details
  • Additional structures: Guest House Attached
  • Parcel number: 099310804
  • Zoning: R5
  • Special conditions: Standard

Construction

Type & style
  • Home type: Condo
  • Architectural style: Multi-Level,Northern New Mexico
  • Property subtype: Condominium
Materials
  • Adobe, Frame, Stucco
  • Foundation: Slab
  • Roof: Metal,Pitched

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public
  • Utilities for property: High Speed Internet Available, Electricity Available
Green energy
  • Water conservation: Water-Smart Landscaping

Community & HOA

Community
  • Security: Security System, Surveillance System
HOA
  • Has HOA: Yes
  • Services included: Insurance, Road Maintenance
  • HOA fee: $225 monthly
Location
  • Region: Santa Fe

Financial & listing details

  • Price per square foot: $563/sqft
  • Annual tax amount: $16,619
  • Date on market: 3/13/2026
  • Listing terms: Cash,Conventional,1031 Exchange,New Loan
  • Electric utility on property: Yes

Price history

DateEventPrice
9/14/2026Price change$1,995,000-10.7%$563/sqft
Source: SFARMLS #202600944 Report a problem
6/29/2026Price change$2,235,000-6.3%$630/sqft
Source: SFARMLS #202600944 Report a problem
5/12/2026Price change$2,385,000-5.5%$673/sqft
Source: SFARMLS #202600944 Report a problem
4/9/2026Price change$2,525,000-4.7%$712/sqft
Source: SFARMLS #202600944 Report a problem
3/13/2026Listed for sale$2,650,000$747/sqft
Source: SFARMLS #202600944 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment
$11,344/mo
Principal & interest
$10288
Property taxes
$831
HOA Fees
$225
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 87505

Nearby schools

Acequia Madre Elementary School
Grades K-6 • 0.2 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
8/10
Milagro Middle School
Grades 7-8 • 2.5 miles
6/10
GreatSchools® Rating
Test Score Rating
3/10
Student Progress Rating
8/10