NEW 13 HRS AGO

For sale

$895,000

Est. $5,635/mo —

•

4,729

sq ft

59 Balsa Rd, Santa Fe, NM 87508

About this home

Centered on a private courtyard, on 2 acres bordering a large greenbelt this was a custom designed and built contemporary home for the owner in 1990. Wood plank floors and 10ft high T & G ceilings with a centered Rumford style fireplace in the great room separates 2 spacious main suites each with a large bedroom, full bath and separate sitting room/office. A country style kitchen with large central island and lots of storage leads to a half bath, laundry room and back portal and garden. Built later and separate to the main house are two adjoining lovely spacious heated artist studios with full bath and sink plus an art storage room. Linked by a wrap around portal is an oversized 2 car garage with large workshop. A long portal and walled garden to the west accessed from the great room provides evening sunset views and quiet contemplation.

Single-familyProperty Type

1990Year Built

2 acresLot Size

$189Price/Sq.Ft.

$58/moHOA Dues

2 car garageParking

Listed by Sue Garfitt • Corcoran Plaza Properties

Listing updated: Oct 5, 2026 at 07:18pm

Redfin checked: a minute ago

•Source:Santa Fe MLS #202601448

Payment calculator

$5,635 per month

Principal and interest$5,068

Property taxes

HOA dues

Home insurance

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

El Dorado Community School

Public PreK-8 • Assigned • 2.7mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

59 Balsa Rd · $895,000

DAYS ON MARKET

The average home goes pending in 62 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

LIST PRICE

Median sale price in this area is $737,580. (18% lower than this home)

PRICE DROP

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
Insulated windows
Beamed ceilings
No interior steps

Bathrooms
3 full bathrooms
1 half bathroom

Kitchen
Electric cooktop
Oven
Range
Dishwasher
Refrigerator
Disposal

Laundry & utility
Washer
Dryer
Electric water heater
ENERGY STAR qualified appliances

Flooring
Concrete flooring
Wood flooring

Heating & cooling
Baseboard heating
Hot water heating
Natural gas heating
Has heating

Sale and tax history for 59 Balsa Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$4,054 (−1.5%)

$30,914 + $143,153

$174,067

2024

$4,117

$30,013 + $138,983

$168,996

2023

$4,116 (+6.2%)

$29,139 + $134,935

$164,074

2022

$3,874 (+1.4%)

$28,291 + $131,005

$159,296

2021

$3,821 (+1.9%)

$27,467 + $127,190

$154,657

2020

$3,749 (+2.4%)

$26,667 + $123,485

$150,152

2019

$3,663 (+2.4%)

$26,667 + $119,112

$145,779

2018

$3,578 (+2.9%)

$26,667 + $114,866

$141,533

2017

$3,476 (+6.7%)

$26,667 + $110,744

$137,411

2016

$3,256 (−1.5%)

$30,667 + $102,742

$133,409

2014

$3,307

$30,667 + $111,353

$142,020

Public record

Public record
Zoning

Beds

Baths

3.5

Stories

—

Lot width

—

Lot depth

—

Lot size

2 Acres

Year renovated

—

Finished Sq. Ft.

4,129

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,129

Year built

1990

Style

Single Family Residential

County

Santa Fe County

APN

128206568

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

RES-E

Residential Estate District

The purpose of the Residential Estate RES-E district is to designate areas suitable for a combination of large-lot and suburban-type residential development, ranchettes and other compatible uses. The RES-E district supports single-family homes on medium sized lots consistent with contemporary community development. Generally this district applies to low to medium density residential development in established neighborhoods lands that are already committed to residential uses and have been subdivided for a specific development and undeveloped or underdeveloped areas with a moderate to high development suitability. This category may include limited agricultural use accessory to residential uses. Density transfers and clustered development shall be allowed in order to support continued farming and/ or ranching activities, conserve open space or protect scenic features and environmentally sensitive areas.

Permitted uses

Include but are not limited to:

Greenhouse / nursery
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Medical office
Educational/school
Library
Recreation

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

3/10 Heat Factor

7 days above 90° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Santa Fe, NM • 87508

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

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 59 Balsa Rd

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Details provided by Santa Fe MLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (5)

Around this home

Schools

Lifestyle

Market insights

Property details

Sale and tax history for 59 Balsa Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 59 Balsa Rd

Early Access listings

Nearby similar homes

New listings for sale in 87508

More real estate resources