2 years on rocket

1124 E Ridge Rd, Santa Fe, NM, 87505

$1,250,000

4.16 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
HeatingNatural Gas
WaterfrontNone
MLS #202105203
Lot Size4.16 Acres
StatusActive

About 1124 E Ridge Rd

One of a kind Eastside view lots! This is a rare offering of some of the finest vacant land ever to be offered in Santa Fe’s east side foothills in the Ponderosa Ridge subdivision! Currently all three lots are available and can be purchased together to create a unique estate development opportunity. Located at the base of Atalaya Mountain on Santa Fe’s Historic Eastside with fantastic wilderness trail access, the property has underground utilities, relatively flat build sites, shared well, and stunning, panoramic views of the city of Santa Fe and the Sandia and Jemez Mountains. The property also enjoys a small Ponderosa filled canyon that has an intermittent running stream and could be a perfect place to create unique outdoor spaces for alfresco dining or meditative gardens. Ponderosa Ridge is a gated subdivision just minutes from Santa Fe Prep, St. Johns College, Museum Hill, Historic SF Plaza, Canyon Rd, National Forest and some of the most coveted hiking and biking trails in the city. It is highly unlikely that the city of Santa Fe will ever approve more land developement in this immediate area making this an exceptional opportunity.

Property Details

Property Features

Listing Office:

  • Office Name: Santa Fe Properties/Washington
  • Office Phone: (505) 982-4466
  • Listing Agent: Tom Abrams

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Waterfront: None

Lot Features

Lot Information:

  • Lot: Views, Wooded
  • Lot Size: 4.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Camino Cruz Blanca to Ponderosa Ridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $3,664
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Santa Fe, NM.

Med. Sold Price

$617.3K

Med. Price/SqFt

$361

Avg. Days On Market

49

# of Sold Homes

158

1124 E Ridge Rd vs Santa Fe

1083 DAYS ON ROCKET

+1034 Days

$1,250,000

+$632.6K More

KEY TAKEAWAY

This property is $632.6K more than the Median Sold Price in Santa Fe, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202105203

Listing Office:

  • Office Name: Santa Fe Properties/Washington
  • Office Phone: (505) 982-4466
  • Listing Agent: Tom Abrams

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,664$112,172
2019$1,836$56,000
2018$1,842$56,000
2017$1,855$56,000

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-224271
7
/10
  • Atalaya Elementary School

  • 721 Camino Cabra

  • 0.74 miles

  • Public District Grades PK-6

school-card-donut-224272
8
/10
  • Acequia Madre Elementary School

  • 700 Acequia Madre

  • 1.80 miles

  • Public District Grades KG-6

school-card-donut-224273
9
/10
  • Wood-Gormley Elementary School

  • 141 E Booth St

  • 2.37 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $106,793. The most common annual income of people living in Santa Fe, NM is between $100k-200k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1124 E Ridge Rd

What is the listing price of this property?

The listing price of 1124 E Ridge Rd property is $1,250,000.

What type of property is this?

The property 1124 E Ridge Rd is land located in Santa Fe, New Mexico, 87505.

Is this property for sale now?

Active Listing: 1124 E Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,664 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1124 E Ridge Rd is 4.16 acres.
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Rocket HomesNew MexicoSanta Fe CountySanta Fe875051124 E Ridge Rd

This home is located at 1124 E Ridge Rd in Santa Fe, NM and zip code 87505 in the Talaya Hill neighborhood. This home sits on a 4.16 acre lot. It has been listed on Rocket Homes since December 03, 2021 and is currently priced at $1,250,000.

Santa Fe, NM housing market in October 2024 saw over 18 listings sold above listed price, more than 35 sold at listed price and over 105 sold below. The number of homes for sale in Santa Fe, NM increased by 1% between September 2024 and October 2024. In October 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $617,369.

From Rocket Homes Real Estate and based on county public records data.

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