$1,925,000
SOLD MAY 24, 2024
Last list price

1224 N Summit Dr Santa Fe, NM 87501

5 Beds
6.5 Baths
5,400 Sq Ft
0.89 Acres

Recently Sold

$356 Per Sq Ft

35 Days on Market

Highlights

  • Gated Community
  • Radiant Floor
  • 4 Fireplaces
  • Atalaya Elementary School Rated A-
  • Pueblo Architecture
  • Beamed Ceilings

About This Home

As of March 2025

Why wait to build? This fabulous home offers a rare opportunity and is ready for inspiration and future updates. One of the most exciting estates in all of Santa Fe Summit, perched high above it all, this sophisticated, privately gated house and guest house captivates with powerful architecture and absolutely stunning Jemez Mountain and Santa Fe city views. Located within the coveted, gated community of the Santa Fe Summit, within close proximity to the Plaza, Canyon Road, the Santa Fe Ski Area and Ten Thousand Waves, this 5-bedroom, 6.5 bath home, with flexible use of space, exemplifies the unique blend of modern design with inherent warmth and sophistication. Ideal for entertaining, this home offers exceptional indoor living areas, all of which open to expansive outdoor living areas overlooking the majestic views. The custom kitchen delights with curved walls and a large, custom skylight, which opens to all main living areas, including the spacious great room with portal access and surround walls of view windows. The primary suite, located on the main level, offers privacy, a fireplace and a modern bath. Separate from the owner's suite is a fully independent guest experience with a separate entrance, complete with 3 spacious guest bedroom ensuites, in addition to a secondary living room or ideal office with a 3/4 bath, wetbar, and viewing deck access. Located off the guest parking area is a private, detached 1 bedroom/1 bath casita. The outdoor living experience is one of the finest in all of Santa Fe, with a main level entertainment area which offers a wood burning fireplace and a pizza oven, in addition to a surround upper level viewing deck. Additional features include a heated driveway and a stone pathway which leads down to all surruonding hiking trails. This home is a rare find at this price and is being sold in As Is condition.

Last Agent to Sell the Property

Britt Klein

Sotheby's Int. RE/Grant License #47261 Listed on: 04/11/2024

Sotheby's Int. RE/Grant

Last Buyer's Agent

Ruby Valdez

Barker Realty, LLC License #37426

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,692

Year Built

  • Built in 1994

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Pueblo Architecture
  • Split Level Home
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 5,400 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • 4 Fireplaces
  • Circular Fireplace
  • Wood Burning Fireplace
  • Security Gate

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Radiant Floor
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Atalaya Elementary School
  • Milagro Middle School
  • Santa Fe High School

Utilities

  • Ductless Heating Or Cooling System
  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • Drip Irrigation
  • 0.89 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 019301801

Community Details

Overview

  • Association fees include road maintenance, security
  • Santa Fe Summit Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,692

Year Built

Built in 1994

Lot Details

0

HOA Fees

$283 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1994
  • Prop. Type: Residential
  • Horses: No
  • Subdivision Name: Santa Fe Summit
  • Directions: Hyde Park Rd to Summit North.
  • Architectural Style: Pueblo
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Refrigerator
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Kiva, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Stone
  • Interior Amenities: Beamed Ceilings, Wet Bar, Interior Steps
  • Living Area: 5400.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Flat
  • Lot Features: Drip Irrigation/Bubblers
  • Pool Features: None
  • Construction Type: Frame, Stucco
  • Other Structures: Guest House Detached

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Ductless, Refrigerated
  • Utilities: Electricity Available
  • Heating: Radiant Floor
  • Security: Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 850.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance, Security

Schools

  • Elementary School: Atalaya
  • High School: Santa Fe
  • Middle Or Junior School: Milagro

Lot Info

  • Lot Size Acres: 0.89
  • Land Lease: No
  • Lot Size Sq Ft: 38768.4
  • Parcel #: 019301801
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Mar 27, 2025
Sold by
Rivera Joel and Rivera Patricia D
Bought by
Tobin Bernard Francis and Tobin Lisa Drees
Seller's Agent
Ruby Valdez
Barker Realty, LLC
Buyer's Agent
Ricky Allen Tara Earley Group
Sotheby's Int. RE/Washington
List Price
$2,695,000
Sold Price
$2,497,000
Premium/Discount to List
-$198,000
-7.35%
Views
499
Current Estimated Value
$2,321,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$175,539
Avg. Annual Appreciation
-22.92%

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 22, 2024
Sold by
Fadduol Sam L and Revo Canda
Bought by
Rivera Joel and Rivera Patricia D
Seller's Agent
Britt Klein
Sotheby's Int. RE/Grant
Buyer's Agent
Ruby Valdez
Barker Realty, LLC
List Price
$1,925,000
Sold Price
$1,450,000
Premium/Discount to List
-$475,000
-24.68%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.99%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Poston George E and Poston Carol H
Bought by
The Sam L Faddoul And Canda M Fadduol Re and Faddoul Sam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 12, 2007
Sold by
Suzanne Williams Inc
Bought by
Steward Margaret and Steward Roger

Purchase Details

Closed on
Jun 11, 2007
Sold by
Rapp Family Lp
Bought by
Suzanne Williams Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- Fidelity National Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $1,032,700 Adjustable Rate Mortgage/ARM
Previous Owner $1,200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold -- -- --
03/05/2025 03/05/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $2,497,000 -7.3% $462 / Sq Ft
12/21/2024 12/21/24 For Sale $2,695,000 0.0% $499 / Sq Ft
12/05/2024 12/05/24 Off Market -- -- --
11/26/2024 11/26/24 Price Changed $2,695,000 -6.3% $499 / Sq Ft
11/10/2024 11/10/24 Price Changed $2,877,000 -4.0% $533 / Sq Ft
10/11/2024 10/11/24 For Sale $2,997,000 +55.7% $555 / Sq Ft
05/24/2024 05/24/24 Sold -- -- --
05/17/2024 05/17/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,925,000 0.0% $356 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $1,925,000 -- $356 / Sq Ft
Source: Santa Fe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,692 $1,403,047 $200,165 $1,202,882
2023 $10,692 $1,362,182 $194,335 $1,167,847
2022 $10,455 $1,322,508 $188,675 $1,133,833
2021 $10,294 $427,996 $61,059 $366,937
2020 $9,985 $415,531 $67,726 $347,805
2019 $11,908 $487,937 $108,333 $379,604
2018 $11,646 $473,726 $108,333 $365,393
2017 $11,353 $459,928 $108,333 $351,595
2016 $10,705 $446,532 $108,333 $338,199
2015 $10,456 $433,526 $108,333 $325,193
2014 $10,480 $448,105 $108,225 $339,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202400986

Santa Fe Association of REALTORS®

APN: 019301801