$1,499,000
OPEN SUN 1PM - 3PM

40 Silver Saddle Lamy, NM 87540

Eldorado at Santa Fe Neighborhood

Estimated payment $8,671/month

Total Views 26
3 Beds
2.5 Baths
3,729 Sq Ft
$402 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Spanish Architecture
  • No HOA
  • 12.53 Acre Lot
  • 3 Fireplaces
  • Beamed Ceilings

About This Home

Perched atop 12.5 scenic acres, this exceptional Spanish Hacienda-style home captures breathtaking 360-degree views of the Sangre de Cristo Mountains, Jemez Mountains, mesas, and New Mexico's spectacular high desert. The beautifully designed 3,729± square foot residence offers 3 bedrooms, 3 baths, and seamless indoor-outdoor living. At its heart is a stunning private courtyard featuring mature trees, lush landscaping, stone pathways, and tranquil tiered fountain, creating a peaceful resort-like retreat. An expansive front portal showcases panoramic mountain views and unforgettable sunsets.
Inside, expansive picture windows fill the home with natural light while framing magnificent vistas. Architectural details include smooth plaster walls, traditional vigas, handcrafted fireplaces, radiant in-floor heat, and custom millwork. The chef's kitchen features custom cabinetry, stone countertops, premium stainless steel appliances, a generous center island, and abundant storage.
The spacious primary suite offers a luxurious retreat with courtyard access, a spa-inspired bath with soaking tub, oversized walk-in shower and an exceptional boutique-style dressing room with extensive custom storage. Two well-appointed guest bedrooms provide comfort and privacy. A separate light-filled flex room offers possibilities as a craft room or fitness space. Just minutes from Lamy, Eldorado schools, shopping, dining, and Santa Fe, this remarkable home offers privacy, timeless design, and the very best of Northern New Mexico living.

Listing Agent

Gretchen Walther

Barker Realty, LLC License #REC20220053 Listed on: 07/23/2026

Barker Realty, LLC

Open House Schedule

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Home Design

  • Spanish Architecture
  • Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,729 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Brick Flooring

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • El Dorado Com Elementary And Middle School
  • Santa Fe High School

Utilities

  • Ductless Heating Or Cooling System
  • Refrigerated Cooling System
  • Radiant Heating System
  • Private Water Source
  • Well
  • Septic Tank

Additional Features

  • Outdoor Storage
  • 12.53 Acre Lot
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 940001584

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

12.53 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Prop. Type: Residential
  • Horses: Yes
  • Directions: I-25 North to 285; 285 South to Spur Ranch Road; Spur Ranch Road to Silver Saddle; Left on Silver Saddle; property 1/4 mile on left hand side
  • Architectural Style: Spanish
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: 4097
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Microwave, Oven, Range, Refrigerator, Washer
  • Levels: Two
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Brick
  • Interior Amenities: Beamed Ceilings, Interior Steps
  • Living Area: 3729.0

Exterior Features

  • Roof: Metal
  • Waterfront: No
  • Construction Type: Block, Frame
  • Other Structures: Storage

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Ductless, Refrigerated
  • Utilities: Electricity Available
  • Heating: Radiant
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: El Dorado Com School
  • High School: Santa Fe
  • Middle Or Junior School: El Dorado Com School

Lot Info

  • Lot Size Acres: 12.53
  • Land Lease: No
  • Lot Size Sq Ft: 545806.8
  • Parcel #: 940001584

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,036 $870,381 $160,567 $709,814
2024 $5,911 $845,031 $155,891 $689,140
2023 $5,917 $820,419 $151,351 $669,068
2022 $5,767 $796,524 $146,943 $649,581
2021 $5,655 $257,775 $47,554 $210,221
2020 $4,705 $212,898 $39,202 $173,696
2019 $4,612 $206,697 $39,202 $167,495
2018 $4,492 $200,677 $38,318 $162,359
2017 $4,338 $194,832 $37,202 $157,630
2016 $4,073 $189,157 $38,500 $150,657
2015 $3,994 $183,648 $37,379 $146,269
2014 $3,782 $178,121 $36,254 $141,867
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2026 07/23/26 For Sale $1,499,000 -- $402 / Sq Ft
Source: Santa Fe Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $634,000 New Conventional
Previous Owner $627,500 Unknown
Source: Public Records

Source: Santa Fe Association of REALTORS®

MLS Number: 202602988

Santa Fe Association of REALTORS®

APN: 940001584

New Mexico Santa Fe County Lamy 87540 Eldorado at Santa Fe

40 Silver Saddle, Lamy, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Fe Association of REALTORS® The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

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Listing Agent
Gretchen Walther
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Barker Realty, LLC
(505) 302-3956
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