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40B Camino De Milagro, Santa Fe, NM 87506

Santa Fe County

Key Facts

4Beds
5Baths
6,614Sq Ft
1987Year Built
10.03Lot (acres)
2Garage

Description

Welcome to this breathtaking 10-acre estate in the prestigious Tesuque community, where luxury meets unparalleled natural beauty. Perched on a private mountaintop—lovingly known as “Top of Tesuque”—this exceptional property offers sweeping 360-degree panoramic views. Spanning approximately 6,614 sq ft, this 4-bedroom home has been fully restored and expanded, seamlessly blending classic Santa Fe adobe architecture with modern upgrades. Recent improvements include a new roof, stucco, and lighting, creating a truly turn-key residence. Inside, the thoughtfully designed floor plan connects indoor and outdoor living, ideal for both relaxation and entertaining. The home features six kiva fireplaces and a wood-burning stove, adding warmth and character throughout. The brand-new kitchen showcases handcrafted solid wood cabinetry, luxury appliances, and opens to living and dining areas with spectacular views. A separate formal dining room enhances the home’s functionality for gatherings. The primary suite includes a private sitting room, while three guest bedrooms provide comfortable accommodations. Additional spaces include a dedicated office, den/media room, and game room with wet bar. Outdoor living is exceptional, with a covered portal featuring a full outdoor kitchen, TV, and new grill, pizza oven, and smoker. Terraced gardens include a sauna, hot tub, fenced kitchen garden, and enclosed dog park. The property is illuminated by 40 handmade copper light fixtures. 16 mini splits provide easy comfort with air conditioning and heating along with central air conditioning and heating in the master wing and radiant heat in parts of the home. Additional features include an oversized two-car garage with observation deck, new entrance gates, updated driveway, expanded parking, and an electric lift for ease of access. The garage was built for structural soundness to build/add a casita as a second story on top of the garage. No HOA.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Pueblo

Year Built

1987

Living Area

6,614 sq ft

Lot Size

10.03 acres

Garage Spaces

2

Parking Spaces

7

Days on Market

315

MLS® Listing#

202502143

Property Features

Interior

Beamed CeilingsWet BarSauna

Appliances

DryerDishwasherElectric CooktopElectric Water HeaterGas CooktopDisposalMicrowaveOvenRangeRefrigeratorWater SoftenerTrash CompactorWater HeaterWater PurifierWasherENERGY STAR Qualified Appliances

Cooling

Ductless

Heating

DuctlessRadiant Floor

Flooring

BrickTileWood

Fireplace

Wood Burning

Pool

None

Parking

AttachedGarage

Construction

Cement SidingAdobeConcreteStucco

Roof

Flat

Windows

Insulated Windows

Security

Security SystemFire AlarmSecurity GateSmoke Detector(s)Security Lights

Utilities

Electricity Available

Sewer

Septic Tank

Water Source

PrivateWell

Schools

Elementary:
Tesuque
Middle:
Milagro
High:
Santa Fe

Financial Details

HOA

None

Parcel Number

048310963

Directions

From US 84, take CR 73 to State Rte 590/Bishops Lodge Road, then to NM-592 N. Take County Road 74 to Calle Lobo and take immediate left onto Camino de Milagro.

Affordability Calculator

$890,000

Estimated monthly payment

$23,685/mo

Principal $3,560,000 · Est. interest $4,966,517 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Santa Fe, NM

$733,702
Median Listing Price
77
Median Days on Market
2,228
Median Sq Ft
$375
Median Price / Sq Ft
958
Active Listings
  • This home’s price is 507% above the area median.
  • Its price per sq ft is 79% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Santa Fe, NM.

Location

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
46 Polaris Road, Santa Fe, NM$3,150,000343,535
240 Headquarters Trail, Santa Fe, NM$3,195,000355,752
9 Tamarisk, Santa Fe, NM$3,200,000443,735
9 Tamarisk Trail, Santa Fe, NM$3,200,000443,735
1213 S Summit Drive, Santa Fe, NM$3,250,000343,546
1244 N Summit Drive, Santa Fe, NM$3,250,000564,555

Moving Cost Estimate

EXIT Agents in Santa Fe

Listing Courtesy: Sotheby's Int. RE/Washington - 5059888088

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SantaFeAssociationOfRealtors. MLS® Listing#202502143. © 2026EXIT Realty®. All rights reserved.