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For sale
  • $2,695,000

    414 Acequia Madre, Santa Fe, NM 87505

    3beds
    2,760sqft
    : 
    $16,577/mo
    Get pre-qualified
    Condominium
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $976/sqft
    $250/mo HOA

    What's special

    Vibrant mosaic backsplashRichly landscaped garden spacesHand-applied venetian plasterFire pitThree bedroomsMosaic tile stair risersRich wood floors
    Beyond the gate, downtown Santa Fe disappears. In the heart of the Historic Eastside, within the storied Plaza Chamisal enclave, this residence sits on a rare double lot — an extraordinary footprint for a downtown address — where two distinct, richly landscaped garden spaces unfold beneath mature trees. Fountains, a fire pit, and multiple intimate seating areas set the stage for candlelit dinners and unforgettable gatherings, while deer may even occasionally wander through at dusk or dawn. By night, the entire property glows. The pedigree matches the setting. Originally built in the 1930s by aviatrix-turned-architect Katherine Stinson Otero, the former carriage house was reimagined in an award-winning 2004 restoration by builder Lloyd Martinez of Sage Builders and architect Wayne Lloyd — a transformation that left the home feeling less renovated than reborn. Interior designer Kris Lajeskie, one of Santa Fe's most celebrated talents, then layered in the finishing vision, elevating the home to its current, gallery-like polish. Inside, three bedrooms and three full baths unfold across rooms that feel collected rather than decorated: hand-applied Venetian plaster, rich wood floors, vigas, carved wood accents, and mosaic tile stair risers throughout. The kitchen pairs a Wolf range with a vibrant mosaic backsplash beside a gas kiva fireplace. The primary suite rises above the gardens with its own private deck, and its ensuite bath is pure indulgence — a deep soaking tub beside a third kiva fireplace, made for long, quiet evenings. A third bedroom flexes easily into a home office or studio. A practical rarity completes the offering: four off-street parking spaces, a genuine anomaly for this pocket of the Historic Eastside. Historic, sensual, and impossible to duplicate — this is a singular Acequia Madre retreat.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ayden L. Gramm 310-467-7017,

    Corcoran Plaza Properties 505-982-4466

    Source: SFARMLS,MLS#: 202603354MLS LogoOriginating MLS: Santa Fe Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Ductless, Radiant Floor
      Cooling
      • Ductless, Refrigerated
      Appliances
      • Included: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Washer
      Features
      • Beamed Ceilings, Interior Steps
      • Flooring: Wood
      • Has basement: No
      • Number of fireplaces: 3
      • Fireplace features: Kiva, Wood Burning
      Interior area
      • Total structure area: 2,760
      • Total interior livable area: 2,760 sqft

      Property

      Parking
      • Total spaces: 4
      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 0.26 Acres
      Details
      • Parcel number: 910005703, 910010479
      • Zoning: PUD
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Pueblo
      • Property subtype: Condominium
      Materials
      • Adobe, Frame, Other, Stucco
      • Roof: Flat
      Condition
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: High Speed Internet Available, Electricity Available

      Community & HOA

      Community
      • Security: Security System
      HOA
      • Has HOA: Yes
      • Services included: Other, Road Maintenance, See Remarks
      • HOA fee: $750 quarterly
      Location
      • Region: Santa Fe

      Financial & listing details

      • Price per square foot: $976/sqft
      • Tax assessed value: $1,721,492
      • Annual tax amount: $10,265
      • Date on market: 8/14/2026
      • 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
        8/14/2026Listed for sale$2,695,000+17.2%$976/sqft
        Source: SFARMLS #202603354 Report a problem
        3/26/2020Listing removed$2,300,000$833/sqft
        Source: Santa Fe Properties #201904714 Report a problem
        10/14/2019Listed for sale$2,300,000$833/sqft
        Source: Santa Fe Properties #201904714 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,265 +2.6%$1,352,339 +3%
        2024$10,005 0%$1,312,951 +3%
        2023$10,005 +2.3%$1,274,710 +3%
        2022$9,784 +1.6%$1,237,583 +3%
        2021$9,633 +0.1%$1,201,537 +200.1%
        2020$9,622 +1.4%$400,434 +3%
        2019$9,488 +2.3%$388,771 +3%
        2018$9,279 $377,448 +3%
        2017$9,279 +2.6%$366,454 +2.5%
        2016$9,046 $357,592 +3%
        2015$9,046 +8%$347,177 -3%
        2014$8,374 +13.4%$358,068
        2013$7,384 +3.2%--
        2012$7,154 +1.4%--
        2011$7,058 +4.5%--
        2010$6,757 +5.7%--
        2009$6,393 +4.2%--
        2008$6,132 +1.7%--
        2005$6,030 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 87505

        Getting around

        78 / 100
        Very Walkable
        70 / 100
        Very 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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