Nestled in the serene beauty of Tesuque, this remarkable property offers a unique opportunity for discerning developers. Comprising three separately deeded buildable lots, the expansive property spans a total of roughly 8.3 acres. A standout feature is the adjudicated well, which boasts 1-acre feet of pre-moratorium water rights, ensuring a valuable resource for future development. The property includes a 748-square-foot home, featuring 1 bedroom and 1 bathroom, ideal for a cozy retreat or future guest house. Positioned in the eastern hills of Tesuqe the property borders Tesuque Pueblo land, providing breathtaking views and a sense of tranquility. Whether you're looking to build your dream home or invest in a prime piece of land, this Tesuque property promises endless potential and a coveted location.
For sale
Price cut: $14K (7/24)
$585,000
8-12 Forteen Rico Dr, Santa Fe, NM 87506
1beds
748sqft
Est.:
Single Family Residence
Built in 1950
8.36 Acres Lot
$-- Zestimate®
$782/sqft
$-- HOA
What's special
Expansive propertyCozy retreatSense of tranquilityBreathtaking views
- 223 days
- on Zillow |
- 192 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 11:10am
Listed by:
Richard Rochester 505-603-6040,
Berkshire Hathaway HomeService 505-982-0330,
Mark Rochester 505-690-2175,
Berkshire Hathaway HomeService
Source: SFARMLS,MLS#: 202405165
Originating MLS: Santa Fe Association of REALTORS

Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Baseboard, Fireplace(s), Hot Water
Cooling
- None
Features
- Interior Steps
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 748
- Total interior livable area: 748 sqft
Property
Parking
- Total spaces: 10
- Parking features: Direct Access
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: One
Lot
- Size: 8.36 Acres
Details
- Parcel number: 990001994, 48310582, 48601047
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northern New Mexico
- Property subtype: Single Family Residence
Materials
- Roof: Bitumen,Flat,Metal
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Electricity Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $782/sqft
- Date on market: 12/23/2024
- Listing terms: Cash,Conventional
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