196 Circle Drive, Santa Fe, NM 87501
Santa Fe County
Key Facts
Description
There are estates — and then there are legacies. Originally commissioned in 1931 by Governor John Dempsey, Casa Alegre stands as one of Santa Fe’s most storied residential compounds. Just minutes from the Plaza yet unfolding across 11 private acres, the property represents a rare intersection of political history, architectural integrity, and enduring Southwest elegance. The six-bedroom adobe main residence remains grounded in its original character — thick adobe walls, hand-finished details, and fireplaces that anchor gathering spaces with warmth and permanence. A meticulous four-and-a-half-year restoration in the early 2000s revitalized the estate with extraordinary care, enlisting master artisans to preserve its authenticity while discreetly integrating modern systems and comfort. The result is not renovation, but stewardship. Three independent guest houses create a true compound — allowing the estate to function as both intimate family retreat and gracious host to distinguished guests. Beyond the residences, the grounds unfold as a private sanctuary: mature trees, curated gardens, orchard, stone walking paths, a tennis court, and a heated pool — each element placed with intention. The scale is rare. The privacy is complete. The proximity to Santa Fe’s cultural center is immediate. Over the decades, Casa Alegre has quietly passed through the hands of notable stewards, each contributing to its preservation. Today, it stands as one of the Southwest’s most significant legacy offerings. Private. Historic. Irreplaceable.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Pueblo
Year Built
1930
Living Area
12,208 sq ft
Lot Size
11.30 acres
Garage Spaces
6
Parking Spaces
6
Days on Market
136
MLS® Listing#
202600528
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Pool
Parking
Construction
Roof
Windows
Security
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Carlos Gilbert
- Middle:
- Milagro
- High:
- Santa Fe
Financial Details
HOA
None
Parcel Number
010637184
Directions
North on Bishop's Lodge Rd, turn left on Circle Drive, house is on the left.
Affordability Calculator
$2,550,000
Estimated monthly payment
$67,861/mo
Principal $10,200,000 · Est. interest $14,229,908 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Santa Fe, NM
- $736,000
- Median Listing Price
- 78
- Median Days on Market
- 2,260
- Median Sq Ft
- $377
- Median Price / Sq Ft
- 946
- Active Listings
- This home’s price is 1632% above the area median.
- Its price per sq ft is 177% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Santa Fe, NM.
Location
Points of Interest in Santa Fe, NM
Showing the Santa Fe area map.
Nearby Schools
Carlos Gilbert Elementary School
Elementary · 2.4 mi away
Journey Montessori School
Elementary · 2.8 mi away
Tesuque Elementary School
Elementary · 2.8 mi away
Desert Montessori School
Elementary · 3.0 mi away
Gonzales Community School Pta
Elementary · 3.0 mi away
Children's Adventure Company
School · 3.2 mi away
Dandelion Preschool
School · 3.2 mi away
Alvord Elementary School
Elementary · 3.3 mi away
Rio Grande School
School · 3.4 mi away
Santa Fe Preparatory School
Secondary · 3.5 mi away
Aspen Community Magnet School
Elementary · 3.5 mi away
Gentle Shepherd Preschool
School · 3.5 mi away
Amanecer Early Head Start
School · 3.8 mi away
Santa Fe Public Schools
School · 4.0 mi away
Ramirez Thomas Elementary
Elementary · 4.0 mi away
Larragoite Elementary School
Elementary · 4.3 mi away
Mandela International Magnet School - Pta
Secondary · 4.3 mi away
Ej Martinez Elementary
Elementary · 4.3 mi away
Contemporary Alexander School
School · 4.4 mi away
Santa Fe Secondary School
Secondary · 4.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1075 Paseo de Peralta, Santa Fe, NM | $10,000,000 | 10 | 12 | 20,000 |
| 37 Rancho Alegre, Santa Fe, NM | $16,500,000 | 16 | 19 | 13,916 |
Moving Cost Estimate
EXIT Agents in Santa Fe
Listing Courtesy: Barker Realty, LLC - 5059829836