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4 Beds
2 Baths
2,540 sqft

$830,000

1407 Borrego, Santa Fe NM, 87507

Price per sqft$326.77
Built in1983
Property size2,540 sqft
Property typeResidential
Courtesy of Keller Williams Realty

Overview

Active

Listed Apr 30, 2026

Updated Sep 10

70K PRICE REDUCTION! 1.58 FENCED ACRES, HORSE PROPERTY, TWO HOMES, UPGRADED MINI SPLITS.This is not just another listing. This is the middle of Santa Fe, two fully separate homes, real horse infrastructure, and a location minutes from some of the most iconic experiences in the Southwest. Properties like this simply do not come up, and this one just got $70,000 more affordable.Two detached residences, each 2 bedrooms, 1 bath, 1 car garage, 1,270 square feet, set apart just enough to give each household its own sense of privacy while still feeling connected. Live in one, rent the other and let a tenant help cover your mortgage. Rent both and turn this into a true income producing asset. House parents in one, raise your family in the other, privacy and togetherness finally solved. Whatever the plan, this layout pays for itself in flexibility alone. Both homes are finished with wood beamed ceilings that carry the warmth of traditional Santa Fe architecture, one featuring a built in wine fridge for effortless entertaining, and stainless steel appliances that bring each kitchen fully up to date. Upgraded mini split systems handle heating and cooling with quiet efficiency, keeping both homes comfortable through Santa Fe's high desert seasons, from crisp winter mornings to warm summer afternoons.At the center of it all, a wide open shared backyard ties both homes together beneath open New Mexico sky, framed by mountain views that shift color at sunset, built for barbecues, birthdays, and everyday life. The land is already fenced and set up for horses, complete with room to ride, graze, and roam, a genuine rarity this close to town. A private well serves the entire property, meaning your water bill disappears completely and your long term costs stay firmly in your control.Here is what really sets this property apart: location. You are minutes from the Santa Fe Railyard district, where converted warehouses now hold contemporary art galleries, a weekend farmers market, and some of the city's best breweries and patios. A short drive gets you to Meow Wolf's House of Eternal Return, the internationally famous immersive art experience that draws visitors from around the world and is unlike anything else on the planet. Historic Santa Fe Plaza, the Palace of the Governors, and centuries old adobe architecture are all close by, along with world class dining, art walks on Canyon Road, and the kind of layered, living culture that makes Santa Fe one of the most sought after small cities in America.This is horse country and world class culture in the same zip code. Two income producing homes, a rare multi generational layout, real fenced acreage, a private well, and a price that has already dropped nearly $70,000 in your favor. This estate captures the essence of Santa Fe living. Don't miss out on this opportunity.

$5,522/mo

Est. mortgage payment based on a $830,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1102744

Interior Features

Bedrooms
4
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.58 Acres

Other Property Details

Taxes
$1,536
Tax Frequency
Annually
Garage
Yes

Also listed on SFAR

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The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor K2 OMNIGROUP shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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