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: Other, See Remarks
Lot Features
Lot Information:
Lot: Views, Wooded
Lot Size: 4.33 Acres
Utilities
Utilities Information:
Heating: Natural Gas
School Info
Assigned Schools Information:
Santa Fe High School, Public District Grades 9-12
Calvin Capshaw Middle School, Public District Grades 7-8
Atalaya Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Camino Cruz Blanca to Ponderosa Ridge
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Tax Information:
Annual Amount: $3,684
Tax Year: 2020
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
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
$4,564
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.
Elementary School
7
/10
Atalaya Elementary School
721 Camino Cabra
Distance between this listing and this school0.76 miles
Public District Grades KG-6
Middle School
4
/10
Calvin Capshaw Middle School
351 East Zia Rd
Distance between this listing and this school3.32 miles
Public District Grades 7-8
High School
5
/10
Santa Fe High School
2100 Yucca St
Distance between this listing and this school4.29 miles
Public District Grades 9-12
Assigned Schools
7
/10
Atalaya Elementary School
721 Camino Cabra
Distance between this listing and this school0.76 miles
Public District Grades KG-6
Nearby Schools
8
/10
Acequia Madre Elementary School
700 Acequia Madre
Distance between this listing and this school1.79 miles
Public District Grades KG-6
9
/10
Wood-Gormley Elementary School
141 E Booth St
Distance between this listing and this school2.31 miles
Public District Grades KG-6
Assigned Schools
4
/10
Calvin Capshaw Middle School
351 East Zia Rd
Distance between this listing and this school3.32 miles
Public District Grades 7-8
Nearby Schools
5
/10
Gonzales Elementary School
851 W Alameda St
Distance between this listing and this school3.37 miles
Public District Grades KG-8
4
/10
Aspen Community Magnet School
450 La Madera St
Distance between this listing and this school3.52 miles
Public Magnet Grades KG-8
Assigned Schools
5
/10
Santa Fe High School
2100 Yucca St
Distance between this listing and this school4.29 miles
Public District Grades 9-12
Nearby Schools
8
/10
New Mexico School For The Arts
2300 N Ridgetop Rd
Distance between this listing and this school4.16 miles
Public Charter Grades 9-12
7
/10
The Master Program
6401 S Richards Ave
Distance between this listing and this school7.19 miles
The neighbors living near this home have an average income of $106,793. The majority of Santa Fe, NM residents have income between $100k-200k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1125 E Ridge Rd
What is the listing price of this property?
The listing price of 1125 E Ridge Rd property is $1,500,000.
What type of property is this?
The property 1125 E Ridge Rd is land located in Santa Fe, New Mexico, 87505.
Is this property for sale now?
Active Listing: 1125 E Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1125 E Ridge Rd are: Atalaya Elementary School: GreatSchools Rating 7/10Calvin Capshaw Middle School: GreatSchools Rating 4/10Santa Fe High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,684 (source: MLS/based on county public records data).
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 1125 E Ridge Rd in Santa Fe, NM and zip code 87505 in the Talaya Hill neighborhood. This home sits on a 4.33 acre lot. It has been listed on Rocket Homes since December 03, 2021 and is currently priced at $1,500,000.
In September 2024, from all listings sold in Santa Fe, NM there were more than 20 sold above asking price, over 69 sold below and more than 30 were sold right at the asked price. In September 2024 in Santa Fe, NM there were 2.1% less homes for sale than in August 2024. Listings spent 35 days on the market in September 2024, and had a median list price of $611,090 during the same period.
From Rocket Homes Real Estate and based on county public records data.