$998,000
$127K PRICE DROP

5 Cerro Gordo Rd Unit 1 Santa Fe, NM 87501

Estimated payment $5,808/month

Total Views 10,131
1 Bed
1.5 Baths
1,322 Sq Ft
$755 Price per Sq Ft

Highlights

  • Pueblo Architecture
  • Refrigerated Cooling System
  • No Interior Steps
  • 2 Fireplaces
  • Home Security System
  • Brick Flooring

About This Home

This historic Eastside home offers 1,322+/- Sq. Ft. of elegant living space, blending timeless Santa Fe charm with modern comfort. Designed by architect Michael Mahaffey and built in 2006 on the grounds of the 1926 Sheldon Parsons artist compound, it features a brand new roof, taupe-stone brick floors, tall alder wood doors, 2 wood-burning kiva fireplaces, skylights, and several glass French doors including one opening to a beautifully landscaped front patio. The interior walls are hand-plastered, adding warmth and texture to the space. Both the living area and bedroom boast high ceilings with wood beams, enhancing the open feel. The spacious bedroom suite offers a luxurious full bath and generous closet space. The kitchen flows into an open-concept living and dining area, perfect for relaxed living and entertaining. The front patio, framed by aspen, lilacs, and flower beds, offers privacy with wood gates and a walled perimeter, ideal for morning coffee or an evening meal. The low-maintenance landscaping has a drip irrigation system fed by a shared well. The back patio has an indoor-outdoor ambiance, reminiscent of a European pied-a-terre, offering serene architectural details and dappled light. This home is perfect for full-time living or as a "lock and leave" retreat. With its newly installed roof providing years of worry-free protection, and priced $302,000 below a recent appraisal (3/25), this property presents an exceptional value and an amazing opportunity to own a beautiful home in a highly sought-after location, just steps from the Santa Fe River Trail, Canyon Road, and a short stroll to the Plaza.

Listing Agent

Steve Hardy

Hardy & Company License #18026 Listed on: 04/11/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,337

Year Built

  • Built in 2006

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Pueblo Architecture
  • Flat Roof Shape

Interior Spaces

  • 1,322 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Circular Fireplace
  • Wood Burning Fireplace
  • Brick Flooring
  • Home Security System

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Schools

  • Acequia Madre Elementary School
  • Milagro Middle School
  • Santa Fe High School

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Radiant Heating System
  • Shared Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 910018265

Community Details

Overview

  • Association fees include common areas, insurance

Building Details

  • New Taxes Expense $8,573

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,337

Year Built

Built in 2006

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Sub Type: Condominium
  • Year Built: 2006
  • Prop. Type: Residential
  • Directions: At the corner of Palace Avenue and Cerro Gordo
  • Architectural Style: Pueblo
  • Garage Yn: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Levels: One
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Kiva, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Brick
  • Interior Amenities: No Interior Steps
  • Living Area: 1322.0

Exterior Features

  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Refrigerated
  • Utilities: Electricity Available
  • Heating: Radiant
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public, Shared Well

Condo/Co-op/Association

  • Association Fee: 1119.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Other, See Remarks

Schools

  • Elementary School: Acequia Madre
  • High School: Santa Fe
  • Middle Or Junior School: Milagro

Lot Info

  • Land Lease: No
  • Parcel #: 910018265

Tax Info

  • New Taxes Expense: 8572.87
  • Tax Annual Amount: 5337.34
  • Tax Year: 2025

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

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $998,000 -4.9% $755 / Sq Ft
05/02/2025 05/02/25 Price Changed $1,049,000 -6.8% $793 / Sq Ft
04/11/2025 04/11/25 For Sale $1,125,000 -- $851 / Sq Ft
Source: Santa Fe Association of REALTORS®

Source: Santa Fe Association of REALTORS®

MLS Number: 202501530

Santa Fe Association of REALTORS®