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Pending
  • $949,000

    38 Encantado Loop, Santa Fe, NM 87508

    3beds
    2,612sqft
    : 
    Single Family Residence
    Built in 2006
    1.26 Acres Lot
    $-- Zestimate®
    $363/sqft
    $58/mo HOA

    What's special

    Soaking tubForever viewsRain shower headWhole-house vented evaporative coolerPretty custom cabinetryLarge copper farm sinkWalk-in pantry
    WALK IN AND BE WOWED! Gorgeous 2006 single-level Eldorado home with forever views and separate art studio with 2/3 bath and kitchenette. In-floor radiant heat is WIRSBO PEX and cooling is provided by a whole-house vented evaporative cooler. Kitchen has newer stainless appliances (2019), pretty custom cabinetry, a large copper farm sink and opens to dining and living rooms. Walk-in pantry. There is a gas stub behind the stove. Living room has gas Kiva fireplace and beautiful viga ceilings. Generous primary suite has doors to rear portal, closet system in walk-in closet, double sinks, rain shower head and soaking tub. Freestanding studio was built by Adobeworks in 2023 and has split for heat and air conditioning. Concrete floors, 3/4 bath and kitchenette. Good bedroom separation with bedrooms connected by long gallery hallway. Roof silicone coating in 2020 with a 10-year warranty. Ortiz, Jemez and Sangre de Cristo views! Walled back courtyard with a covered 650 sq. ft. portal that runs the length of the house with sunshades and offers multiple entertaining options. Guest room 1 has a wood burning fireplace, built-in bookshelves and doors to the exterior. Guest room 2 has a connecting full bath. NO STEPS, NO KITEC, NO CARPET. Canales have rainbarrels or french drains which routes the water outside courtyard wall. Property laundry room with sink and good storage. W/D stay. Finished oversized 2-car garage. New boiler and tankless hot water in 2019. Property has been inspected and most repairs completed. Report with repairs noted available on request. Property does have drip system in place, but has not been on for a year. Seller does not warrant the functionality.
    49 days
    |
    119
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Smith 505-570-5770,

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

    Source: SFARMLS,MLS#: 202600593MLS LogoOriginating MLS: Santa Fe Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Ductless, Electric, Fireplace(s), Natural Gas, Radiant Floor
      Cooling
      • Ductless, Evaporative Cooling, Refrigerated
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
      Features
      • Beamed Ceilings, No Interior Steps
      • Flooring: Tile
      • Windows: Insulated Windows
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Gas, Wood Burning
      Interior area
      • Total structure area: 2,612
      • Total interior livable area: 2,612 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Attached, Direct Access, Garage
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Horse Facilities
      • Pool features: Association
      Lot
      • Size: 1.26 Acres
      Details
      • Additional structures: Studio Detached
      • Parcel number: 124623930
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Pueblo,One Story
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco
      • Foundation: Slab
      • Roof: Flat
      Condition
      • Year built: 2006

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Community/Coop
      • Utilities for property: High Speed Internet Available, Electricity Available
      Green energy
      • Water conservation: Rain Water Collection, Water-Smart Landscaping

      Community & HOA

      Community
      • Security: Dead Bolt(s), Heat Detector, Smoke Detector(s)
      • Subdivision: Eldorado
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Playground, Pool, Recreation Facilities, RV Parking, Storage, Tennis Court(s), Trail(s)
      • Services included: Common Areas, Recreation Facilities
      • HOA fee: $701 annually
      Location
      • Region: Santa Fe

      Financial & listing details

      • Price per square foot: $363/sqft
      • Tax assessed value: $617,290
      • Annual tax amount: $4,079
      • Date on market: 3/10/2026
      • Listing terms: Cash,Conventional,1031 Exchange,New Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/18/2026Pending sale$949,000$363/sqft
        Source: SFARMLS #202600593 Report a problem
        3/10/2026Listed for sale$949,000+170%$363/sqft
        Source: SFARMLS #202600593 Report a problem
        7/16/2025Listing removed$4,000$2/sqft
        Source: Zillow Rentals Report a problem
        7/11/2025Price change$4,000-4.8%$2/sqft
        Source: Zillow Rentals Report a problem
        6/14/2025Listed for rent$4,200$2/sqft
        Source: Zillow Rentals Report a problem
        3/18/2025Listing removed$4,200$2/sqft
        Source: Zillow Rentals Report a problem
        1/25/2025Listed for rent$4,200$2/sqft
        Source: Zillow Rentals Report a problem
        7/17/2020Listing removed$351,500$135/sqft
        Source: Santa Fe Realty Unlimited #202001885 Report a problem
        6/26/2020Pending sale$351,500$135/sqft
        Source: Santa Fe Realty Unlimited #202001885 Report a problem
        6/2/2020Listed for sale$351,500$135/sqft
        Source: Santa Fe Realty Unlimited #202001885 Report a problem
        2/26/2020Listing removed--
        Source: Auction.com Report a problem
        1/30/2020Listed for sale--
        Source: Auction.com Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,378 -0.1%$482,982 +3%
        2023$3,382 +2.6%$468,915 +3%
        2022$3,296 +2%$455,258 +3%
        2021$3,232 +0.1%$441,999 +202.4%
        2020$3,230 +3.5%$146,172 +3%
        2019$3,122 +2.7%$141,915 +3%
        2018$3,039 $137,782 +3%
        2017$3,039 +3.6%$133,769 +3%
        2016$2,934 $129,873 +3%
        2015$2,934 +8.7%$126,090 -2.6%
        2014$2,699 +7.2%$129,507
        2013$2,517 +1.6%--
        2012$2,477 -30.1%--
        2011$3,546 +1.6%--
        2010$3,489 +4.9%--
        2009$3,325 +3.9%--
        2008$3,201 --

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $5,061/mo
        Principal & interest
        $4608
        Property taxes
        $395
        HOA Fees
        $58
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          Climate risks

          Neighborhood: 87508

          Getting around

          0 / 100
          Car-Dependent
          19 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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