ParkingAttached, Door-Multi, Electricity, Finished Garage, Garage, Two Car Garage, Oversized
Attached Garage4 spaces
Year Built2014
HeatingRadiant, Wood Stove
CoolingOther
BasementYes
FireplaceCustom, Wood Burning, Outside
MLS #1040897
Lot Size27.70 Acres
StatusActive
About 1501 Nm 344
Unique opportunity to own an amazing part of New Mexico's scenic beauty while enjoying the comforts of a thoughtfully designed home. The gated driveway conceals the treasures within, offering privacy and seclusion. This remarkable property on 27.7 acres offers many possibilities, whether you envision it as a horse property, a farm, or your own private retreat. Custom-built 7000sq ft Colonial Williamsburg home with Virginia brick exterior enhances timeless elegance. Pitched roof with 500-year slate tiles, ensuring durability and a classic look. Tennessee walnut kitchen cabinets and soapstone countertops. Solid red oak flooring throughout the home. The property boasts abundant water resources, including 40 acre-feet of owned irrigation rights and 3 good wells, to supply ample water, making
Property Details
Property Features
Property Information:
Architectural Style: Custom
Year Built: 2014
Stories: 3
Living Area: 7,000 SqFt
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (505) 554-3873
Listing Agent: Jeffrey Rose
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
Basement: Yes
Flooring Type: Wood
Interior: Bathtub, Ceiling Fan(s), Cathedral Ceiling(s), Entrance Foyer, Family/Dining Room, Great Room, High Ceilings, Home Office, Kitchen Island, Living/Dining Room, Multiple Living Areas, Pantry, Sitting Area in Master, Soaking Tub, Separate Shower, Walk-In Closet(s), Central Vacuum
Directions: Just before mile marker 15 on Hwy 344 take I-40 East to Edgewood. Go South on HWY 344. House is located just East of mile marker 15. It has double electric gates on the South side of the road opposite a red mail box that is on the North side of the road.
Price Information
Listing Price Info
Price Summary:
List Price: $4,499,000
Price Per SqFt: $643/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Santa Fe, NM.
This property is $3.8M more than the Median Sold Price and $282/SqFt more than other homes in Santa Fe, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1040897
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (505) 554-3873
Listing Agent: Jeffrey Rose
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$22.5K
Per Month
Principal & Interest
$22.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.5K
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Amy Biehl Community School at Rancho Viejo
310 Avienda Del Sur
Distance between this listing and this school10.88 miles
Public District Grades PK-6
2
/10
Cesar Chavez Elementary School
6251 Jaguar Dr
Distance between this listing and this school12.24 miles
Public District Grades PK-5
3
/10
R.M. Sweeney Elementary School
501 Airport Rd
Distance between this listing and this school12.84 miles
Public District Grades PK-5
Nearby Schools
6
/10
Turquoise Trail Charter School
13A San Marcos Loop
Distance between this listing and this school5.92 miles
Public Charter Grades PK-8
6
/10
El Dorado Community School
2 Avenida Torreon
Distance between this listing and this school11.01 miles
Public District Grades KG-8
3
/10
Nina Otero Community School
5901 Herrera Dr
Distance between this listing and this school11.81 miles
Public District Grades PK-8
Nearby Schools
8
/10
Academy for Technology & Classics
74 A Van NU PO
Distance between this listing and this school9.74 miles
Public Charter Grades 7-12
7
/10
The Masters Program
6401 S Richards Ave Sfcc LL325
Distance between this listing and this school11.41 miles
Public Charter Grades 9-12
5
/10
Capital High School
4851 Paseo Del Sol
Distance between this listing and this school11.95 miles
The neighbors living near this home have an average income of $74,808. Most Santa Fe, NM residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1501 Nm 344
What is the listing price of this property?
The listing price of 1501 Nm 344 property is $4,499,000.
What type of property is this?
The property 1501 Nm 344 is a house located in Sandia Park, New Mexico, 87047.
Is this property for sale now?
Active Listing: 1501 Nm 344 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1501 Nm 344 has 4 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 1501 Nm 344 is 7,000 SqFt (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1501 Nm 344 in Sandia Park, NM and zip code 87047. This 7,000 square foot home, which was built in 2014, sits on a 27.70 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 02, 2023 and is currently priced at $4,499,000.
While more than 18 listings in Santa Fe, NM in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 105 were sold below. The number of listings 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
Hunting
Hunting
NASCAR
Figure Skating
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country