2 years on rocket

1125 E Ridge Rd, Santa Fe, NM, 87505

$1,500,000

4.33 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
HeatingNatural Gas
WaterfrontOther, See Remarks
MLS #202105204
Lot Size4.33 Acres
StatusActive

About 1125 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: 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
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Housing Market Comparison

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

Med. Sold Price

$611K

Med. Price/SqFt

$358

Avg. Days On Market

35

# of Sold Homes

119

1125 E Ridge Rd vs Santa Fe

1063 DAYS ON ROCKET

+1028 Days

$1,500,000

+$888.9K More

KEY TAKEAWAY

This property is $888.9K 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: #202105204

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: 10/31/2024, 7:20:52 PM 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$3,684$112,793
2019$2,033$62,000
2018$2,039$62,000
2017$2,053$62,000

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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.

Elementary School

school-card-donut-810429
7
/10
  • Atalaya Elementary School

  • 721 Camino Cabra

  • 0.76 miles

  • Public District Grades KG-6

Middle School

school-card-donut-810430
4
/10
  • Calvin Capshaw Middle School

  • 351 East Zia Rd

  • 3.32 miles

  • Public District Grades 7-8

High School

school-card-donut-810431
5
/10
  • Santa Fe High School

  • 2100 Yucca St

  • 4.29 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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 7/10
Calvin Capshaw Middle School: GreatSchools Rating 4/10
Santa 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).

How much acreage is this property?

The property 1125 E Ridge Rd is 4.33 acres.
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Rocket HomesNew MexicoSanta Fe CountySanta Fe875051125 E Ridge Rd

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.

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