$4,450,000

40B Camino de Milagro Santa Fe, NM 87506

Estimated payment $25,286/month

Total Views 78,503
4 Beds
4.5 Baths
6,614 Sq Ft
$673 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Sauna
  • Pueblo Architecture
  • Wine Cellar
  • Radiant Floor
  • 7 Fireplaces

About This Home

Welcome to this breathtaking 10-acre estate in the prestigious Tesuque community, where luxury meets unparalleled natural beauty. Quite possibly the best views in Tesuque, perched majestically on a private mountaintop, lovingly nicknamed “Top of Tesuque,” offering 360-degree panoramic views that make you feel as though you're sitting atop the world. Spanning approximately 6,614 sq ft, this 4-bedroom home is a masterpiece of design and function, featuring many new upgrades for a modern lifestyle. This fully restored and expanded adobe home seamlessly blends classic Santa Fe design with modern upgrades, preserving its timeless charm. This property has a new roof, lighting, stucco. Truly turn-key in every way. Inside, the floor plan seamlessly blends indoor and outdoor living, creating an ideal setting for both relaxation and entertaining, including 6 Kiva Fireplaces as well as 1 wood-burning stove. The brand-new kitchen features handcrafted solid wood cabinetry and top-of-the-line luxury appliances, perfect for any culinary enthusiast, while the adjacent dining and living areas boast spectacular views. The primary bedroom suite includes a separate sitting room, offering a private retreat within the home. Enjoy the convenience of a dedicated office space and den, a media room, as well as a game room complete with a wet bar, perfect for hosting guests. Step outside to the covered portal with outdoor kitchen & TV, complete with matching granite countertops, where you can entertain in style. The outdoor kitchen has all new (never been used) grill, pizza oven and smoker! Terraced gardens also feature a brand-new (never been used) Sauna and Hot Tub. A newly built garage has an observation deck on top. There are new entrance gates for privacy, a new driveway surface, and new additional parking areas ensure privacy and convenience. The addition of an electric lift from ground level to main level of residence also ensures accessibility and ease for loading and unloading. Mexican Porcelain tile terrace at the front entrance welcomes you. There is an enclosed dog park, as well as fully irrigated garden beds surrounding the house. The property is beautifully illuminated with 40 handmade copper light fixtures, adding a timeless touch to the outdoor spaces. With no HOA restrictions, this home offers the freedom and tranquility you've been searching for in the village of Tesuque.

Listing Agent

Tara Earley

Sotheby's Int. RE/Washington License #47941 Listed on: 05/16/2025

Sotheby's Int. RE/Washington

Co-Listing Agent

Richard Allen

Sotheby's Int. RE/Washington License #47686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,466

Year Built

  • Built in 1987

Parking

  • 2 Car Attached Garage

Home Design

  • Pueblo Architecture
  • Split Level Home
  • Flat Roof Shape
  • Concrete Block And Stucco Construction
  • Adobe

Interior Spaces

  • 6,614 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • 7 Fireplaces
  • Circular Fireplace
  • Wood Burning Fireplace
  • Insulated Windows
  • Wine Cellar
  • Sauna

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Brick
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Security Gate
  • Fire and Smoke Detector

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Refrigerated Cooling System
  • Heating Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener
  • Fuel Tank
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Additional Features

  • Drip Irrigation
  • 10.03 Acre Lot
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 048310963

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,466

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Prop. Type: Residential
  • Horses: Yes
  • Co List Office Mls Id: 15500
  • Co List Office Phone: (505) 988-8088
  • Directions: From US 84, take CR 73 to State Rte 590/Bishops Lodge Road, then to NM-592 N. Take County Road 74 to Calle Lobo and take immediate left onto Camino de Milagro.
  • Architectural Style: Pueblo
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, Trash Compactor, Water Heater, Water Purifier, Washer, ENERGY STAR Qualified Appliances
  • Levels: Multi/Split
  • Other Equipment: Fuel Tank(s), Irrigation Equipment, Satellite Dish
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Kiva, Wood Burning
  • Fireplaces: 7
  • Fireplace: Yes
  • Flooring: Brick, Tile, Wood
  • Interior Amenities: Beamed Ceilings, Wet Bar, Interior Steps, Sauna, Wine Cellar
  • Living Area: 6614.0
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Flat
  • Lot Features: Drip Irrigation/Bubblers
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Adobe, Concrete, Stucco

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Ductless, Refrigerated
  • Utilities: High Speed Internet Available, Electricity Available
  • Heating: Ductless, Radiant Floor
  • Security: Security System, Dead Bolt(s), Fire Alarm, Security Gate, Heat Detector, Smoke Detector(s), Security Lights
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 10.03
  • Land Lease: No
  • Lot Size Sq Ft: 436906.8
  • Parcel #: 048310963

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $12,466 $1,782,225 $358,291 $1,423,934
2023 $12,479 $1,730,317 $347,856 $1,382,461
2022 $12,162 $1,679,921 $337,725 $1,342,196
2021 $7,408 $339,677 $65,284 $274,393
2020 $7,243 $329,784 $63,383 $266,401
2019 $7,099 $320,179 $63,383 $256,796
2018 $6,913 $310,853 $63,383 $247,470
2017 $6,707 $303,233 $133,333 $169,900
2016 $6,486 $303,233 $133,333 $169,900
2015 $6,547 $303,060 $133,333 $169,727
2014 $6,199 $293,939 $133,200 $160,739
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $4,450,000 +147.9% $673 / Sq Ft
12/29/2021 12/29/21 Sold -- -- --
11/22/2021 11/22/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $1,795,000 -- $298 / Sq Ft
Source: Santa Fe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Sftc
Warranty Deed -- None Available
Warranty Deed -- Territorial Abstract & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,191,734 New Conventional
Source: Public Records

About the Listing Agent

Tara Earley

Sotheby's Int. RE/Washington

(505) 295-5646

Section Image

Tara Earley brings bi-coastal business experience and over 30 years of living in the City Different from her clients: individuals, partners, and families. She brings together the grounded character of the Midwest, the fast-paced sophistication of New York City, Chicago, and San Francisco, and a love for nature and the outdoors born of her time spent on the California and Connecticut Coasts and in Tucson, Arizona.

She has the perspective of having been both a part-time and full-time

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Source: Santa Fe Association of REALTORS®

MLS Number: 202502143

Santa Fe Association of REALTORS®

APN: 048310963