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$830,000

$327/sqftactive

1407 Borrego, Santa Fe, NM 87507

132 days on market

15 views

Beds

4

Baths

2

Sqft

2,540

Lot

1.58 ac

Built

1983

Type

single family

About This Property

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.

Features & Amenities

Beamed Ceilings
Main Level Primary
Fire Pit
Dryer
Dishwasher
Disposal
Microwave
Refrigerator
Wine Cooler
Washer
Tile Flooring
Wood Flooring
Back Yard Fence
Attached
Finished Garage
Garage
2 Fireplaces
Water: Private,SharedWell,Well
Sewer: SepticTank
Elementary: Alameda
Middle: Wilson
High: Santa Fe

Property Details

MLS #1102744
Property Typesingle family
Year Built1983
GarageYes
HeatingDuctless,MultipleHeatingUnits
CoolingDuctless
Lot Size1.58 acres (68,651 sqft)
Property Tax (est.)$1,536/yr ($128/mo)
Price / Sqft$327
StatusActive
Days on Market132

Listing courtesy of Keller Williams Realty. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.

Katey Taylor

Katey Taylor

Lead Agent & Team Founder

(505) 974-9701

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Quick Facts

Est. Tax$128/mo
HeatingDuctless
CoolingDuctless
GarageYes

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