59 Cerro Blanco Rd is a 2,637 square foot house on a 3.49 acre lot with 4 bedrooms and 1.5 bathrooms. Based on Redfin's Lamy data, we estimate the home's value is $915,538.
Single-familyProperty Type
2008Year Built
3.49 acresLot Size
$347Est. Price/Sq.Ft.
2 spacesParking
Source:Public Records
Redfin Estimate
$915,538
$12K since August
Estimate history
Homes for sale
1 year
5 year
Graph chart of this property's Redfin Estimate over time20222023202420252026$500K$600K$700K$800K$900K$1.0M$1.1M
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Earn from this home
Rent
$2,636/mo
Redfin rental estimate
List your home for rent
Market trends in 87540, NM
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
96.4%
+1.0% MoM
Median sale price
$810K
$10K MoM
Avg. days on market
61d
4 days MoM
Recently sold homes
10
3 MoM
Provided by Redfin
Sale history for 59 Cerro Blanco Rd
Date
Event
Price
Public Records
Dec 1, 2015
Sold
—
Santa Fe MLS #201503328
Nov 8, 2015
Contingent
—
Oct 8, 2015
Price Changed
$550,000
$209/sq ft
Sep 15, 2015
Listed
$569,000
$216/sq ft
Public Records
May 3, 2010
Sold
—
Santa Fe MLS #905357
Sep 22, 2009
Listed
$559,000
$212/sq ft
Santa Fe MLS #806125
Sep 16, 2008
Listed
$589,000
$223/sq ft
Santa Fe MLS #801000
Feb 25, 2008
Listed
$725,000
$275/sq ft
Santa Fe MLS #703556
May 24, 2007
Listed
$759,950
$288/sq ft
Santa Fe MLS #133810
Oct 21, 2005
Listed
$665,000
$252/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,369 (+2.1%)
$30,310 + $131,627
$161,937
2024
$3,299 (−0.1%)
$29,428 + $127,793
$157,221
2023
$3,303 (+2.6%)
$28,571 + $124,071
$152,642
2022
$3,219 (+2.0%)
$27,739 + $120,457
$148,196
2021
$3,157 (+2.3%)
$26,931 + $116,949
$143,880
2020
$3,087 (+2.0%)
$26,147 + $113,543
$139,690
2019
$3,026 (+2.7%)
$26,147 + $109,475
$135,622
2018
$2,947 (+3.5%)
$25,908 + $105,764
$131,672
2017
$2,846 (+6.5%)
$25,153 + $102,684
$127,837
2016
$2,672 (−1.9%)
$38,390 + $85,724
$124,114
2014
$2,725
$38,390 + $90,080
$128,470
Tax history for 59 Cerro Blanco Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,369 (+2.1%)
$30,310 + $131,627
$161,937
2024
$3,299 (−0.1%)
$29,428 + $127,793
$157,221
2023
$3,303 (+2.6%)
$28,571 + $124,071
$152,642
2022
$3,219 (+2.0%)
$27,739 + $120,457
$148,196
2021
$3,157 (+2.3%)
$26,931 + $116,949
$143,880
2020
$3,087 (+2.0%)
$26,147 + $113,543
$139,690
2019
$3,026 (+2.7%)
$26,147 + $109,475
$135,622
2018
$2,947 (+3.5%)
$25,908 + $105,764
$131,672
2017
$2,846 (+6.5%)
$25,153 + $102,684
$127,837
2016
$2,672 (−1.9%)
$38,390 + $85,724
$124,114
2014
$2,725
$38,390 + $90,080
$128,470
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RES-F
U.S. 285 SOUTH HIGHWAY CORRIDOR O-CD
Residential Fringe District
The purpose of the Residential Fringe RES-F district is to designate areas suitable for a combination of estate-type residential development, smaller-scale agricultural uses, ranchettes and other compatible uses. The RES-F district provides an intermediate step in single-family residential development between open space and; or agricultural/ ranching lands, and typically suburban residential densities. The RES-F district may be comprised of a variety of residential lot sizes, clustered housing and community open space and can include limited agricultural use accessory to residential uses. Density transfers and clustered development shall be allowed in order to support continued farming and/or ranching activities, conserve open space or protect scenic features and environmentally sensitive areas.