A private acre, established gardens, and classic Santa Fe character, all in a remarkably central location. Just off Cordova Road and approximately seven minute drive to the Plaza, 1238 Madrid Road offers the feeling of a tucked-away retreat with restaurants, shopping, and everyday conveniences just down the road. The three-bedroom, 2¾-bath residence reflects classic Spanish Territorial style, with traditional brick coping, warm Spanish-inspired colors, and architectural details that give the home a strong sense of place. Inside, an open living area is anchored by a fireplace, creating a comfortable gathering space with an easy, informal flow. The generous kitchen offers abundant workspace and looks onto the patio and gardens, reinforcing the connection between the interiors and the surrounding landscape. The primary suite is set apart on its own, with a soaking tub and spacious walk-in shower. Step outside to a private enclosed patio, where an outdoor shower offers a wonderfully unexpected way to enjoy Santa Fe’s blue skies and warm summer days. The grounds are a defining part of the property. Mature landscaping, fruit trees, a fenced yard, and a generous lawn create a green, secluded setting rarely associated with such a convenient in-town location. An inviting patio provides space for long lunches, evening gatherings, or quiet mornings outdoors, while a dedicated irrigation water source supports the established landscape. A separate studio or office provides a peaceful place to work from home, and an additional craft room or workshop offers dedicated space for painting, making, hobbies, or projects. What makes it particularly compelling is the balance it strikes: approximately an acre of breathing room and mature landscape without giving up the ease of central Santa Fe living. Head down the road for daily errands, reach the Plaza in about seven minutes, then return home to gardens, privacy, and the enduring character of Santa Fe architecture.
Don Gaspar, located between the Santa Fe Railyard and the Santa Fe Plaza, is a historic and walkable Santa Fe neighborhood with adobe-lined streets and a gallery-and-cafe rhythm. The neighborhood’s character concentrates around the Railyard District along Guadalupe Street, where market halls, contemporary art spaces, and patio dining keep sidewalks active. SITE Santa Fe and the Santa Fe Farmers Market act as cultural anchors, with Violet Crown Cinema adding an indie-screening pulse nearby. Architecture leans Pueblo Revival and Territorial, with low-slung homes, courtyards, and mature shade trees. Rail Trail paths and pocket parks shape a daily routine of strolling, cycling, and lingering outdoors. The grid feels calm a few blocks off the main corridors, while remaining closely tied to downtown’s arts calendar.
Provided by Walk Score and Local Logic
Market insights
1238 Madrid Rd · $1,450,000
DAYS ON MARKET
1 days
The average home goes pending in 62 days.
SALE-TO-LIST
96.5%
Most homes are selling 4% below list price.
LIST PRICE
$1,450,000
Median sale price in this area is $737,580. (49% lower than this home)
PRICE DROP
0 price drops
20% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Interior steps
Not ADA compliant
Bathrooms
Two full bathrooms
One three-quarter bathroom
Kitchen
Gas cooktop
Range
Oven
Dishwasher
Disposal
Refrigerator
Laundry & utility
Washer
Dryer
Flooring
Tile flooring
Wood flooring
Heating & cooling
Forced air heating
Exterior features
Attached studio
Lot approximately 1.03 acres
Zoned R-1 through R-6
Home design
Membrane roof
Year built per assessor
Parking
Two-car garage
Carport
Total parking for 5 vehicles
Construction
Membrane roof
Utilities
High-speed internet available
Electricity available
Public sewer
Public water, private water, and well listed as water sources
Financial info
Offered for sale
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the R-1, residential districts is to be residential areas with low population densities .
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Police station
Housing-Mobile home park
Park & open space
Nov 25, 2025 • Final
Residential express- re-roof
Roofing
Aug 22, 2023 • Final
Residential plumbing/gastrade
Gas
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
2/10 Heat Factor
8 days above 88° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Santa Fe, NM • 87505
Average low and high temperatures (°F)
42
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32
61
37
63
41
70
47
83
59
84
61
83
60
76
53
67
47
52
34
50
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Nov
Dec
Sun exposure
In this area, properties receive around 11.4 hours in
June and 7 hours in December, placing it above the
U.S. average for solar exposure.
11.4 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1238 Madrid Rd
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