SHORT SALE

For sale

$910,000

Est. $5,621/mo —

•

3,337

sq ft

1023 Bishops Lodge Rd, Santa Fe, NM 87501

About this home

Rare investment opportunity just off Bishops Lodge Road in one of Santa Fe's most desirable areas. Offered as a short sale, this property presents an opportunity for an investor, builder, or buyer looking to complete the renovation and bring the home's full vision to life. Ideally located less than 5 minutes from the historic Santa Fe Plaza and just down the road from the Governor's Mansion, the property offers a unique combination of privacy, convenience, and proximity to downtown Santa Fe. Renovations have been started but are not complete, allowing the next owner to finish the property to their own specifications. A proposed new floor plan concept has been uploaded for reference. The property previously appraised at over $1.4 million prior to completion of the current renovation project; buyers should independently verify current and future value. Major improvements include a new water heater and two furnaces installed in January 2023, along with a new septic system installed in 2024.Property is being sold in its current, unfinished condition and is subject to short-sale/lender approval. Contact the listing broker for additional renovation details and estimated costs to complete.

Single-familyProperty Type

1967Year Built

1 acresLot Size

$273Price/Sq.Ft.

2 car garageParking

Listed by Diana Leal • Weichert, Realtors Image

Listed by Benjamin Gomez • Weichert, Realtors Image

Listing updated: Oct 21, 2026 at 01:57pm

Redfin checked: 4 minutes ago

•Source:Southwest MLS #1111054

Payment calculator

$5,621 per month

Principal and interest$4,966

Property taxes

$473

HOA dues

Home insurance

$182

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

We'll connect you with a local agent to show you this home, answer your questions, and assist you on your buying journey.

Next available tour time: Today

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 1AM TO 2:30PM3D WALKTHROUGH
$615,000
3 beds2.5 baths2,282 sq ft
4648 Rail Runner Rd, Santa Fe, NM 87507
$66 HOA • 2 garage spots • Built 2021
OPEN TODAY, 11AM TO 1PM
$389,900
4 beds2 baths2,130 sq ft
3771 Luna De Miel, Santa Fe, NM 87507
5,100 sq ft lot • 4 parking spots • Built 2003
OPEN TODAY, 12PM TO 2PM3D WALKTHROUGH
$775,000
3 beds2 baths1,554 sq ft
308 Alta Vista St, Santa Fe, NM 87505
7,666 sq ft lot • 2 parking spots • Built 1957
OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH
$850,000
2 beds2 baths1,570 sq ft
715 1/2 Manhattan, Santa Fe, NM 87501
4,007 sq ft lot • Garage • Built 1949
OPEN TODAY, 1PM TO 3PM
$990,500
3 beds3.5 baths2,487 sq ft
1628 Villa Strada, Santa Fe, NM 87506
6,534 sq ft lot • 2 garage spots • Built 2007
OPEN TODAY, 1PM TO 3PM
$589,000
3 beds2 baths1,631 sq ft
28 Brilliant Sky Dr, Santa Fe, NM 87508
5,488 sq ft lot • 2 garage spots • Built 2000
OPEN TODAY, 1PM TO 3PM
$370,000
1 bed1.5 baths1,095 sq ft
1344 Pacheco Unit C, Santa Fe, NM 87505
$367 HOA • Parking • Built 2007
OPEN TODAY, 1PM TO 3PM
$749,000
4 beds2 baths2,358 sq ft
8 Sobradora Dr, Santa Fe, NM 87508
7,405 sq ft lot • 2 garage spots • Built 2002
OPEN TODAY, 1PM TO 3PM
$1,149,000
4 beds3 baths2,123 sq ft
1743 Ridge Pointe Loop, Santa Fe, NM 87506
0.23 acre lot • 2 garage spots • Built 2004
OPEN TODAY, 2PM TO 4PM3D & VIDEO TOUR
$795,000
2 beds2.5 baths1,700 sq ft
625 Don Felix St Unit A & B, Santa Fe, NM 87501
$83 HOA • 2 parking spots • Built 1945

Around this home

Schools

K - 12
Preschool & daycare

Carlos Gilbert Elementary School

Public K-6 • Assigned • 1.5mi

9/10

Milagro Middle School

Public 7-8 • Assigned • 4.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

1023 Bishops Lodge Rd · $910,000

DAYS ON MARKET

The average home goes pending in 73 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median list price in this area is $735,000. (19% lower than this home)

PRICE DROP

23% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Living

Interior features
Beamed ceilings
Dual sinks
Family/dining room
In-law floorplan
Jetted tub
Kitchen island
Living/dining room
Multiple living areas
Main level primary suite
Multiple primary suites
Pantry
Separate shower
Sunken living room
Cable TV
Utility room
Walk-in closets
Double-pane, insulated windows (metal and vinyl frames)

Bedrooms
Up to 5 bedrooms possible
Main level primary suite included

Bathrooms
1 full bathroom
1 half bathroom
Jetted tub and separate shower
Dual sinks

Kitchen
Kitchen island
Pantry
Refrigerator included

Laundry & utility
Electric dryer hookup
Utility room

Flooring
Carpet-free

Heating & cooling
Central heating with forced air and multiple heating units
Evaporative cooling

Sale and tax history for 1023 Bishops Lodge Rd

Sale History
Tax History

Date

Event

Price

Santa Fe MLS #202604179

Oct 2, 2026

Price Changed

$910,000

$273/sq ft

Sep 24, 2026

Listed

$950,000

$285/sq ft

Rare investment opportunity just off Bishops Lodge Road in one of Santa Fe's most desirable areas. Offered as a short sale, this property presents an opportunity for an investor, builder, or buyer looking to complete the renovation and bring the home's full vision to life. Ideally located less than 5 minutes from the historic Santa Fe Plaza and just down the road from the Governor's Mansion, the property offers a unique combination of privacy, convenience, and proximity to downtown Santa Fe. Renovations have been started but are not complete, allowing the next owner to finish the property to their own specifications. A proposed new floor plan concept has been uploaded for reference. The property previously appraised at over $1.4 million prior to completion of the current renovation project; buyers should independently verify current and future value. Major improvements include a new water heater and two furnaces installed in January 2023, along with a new septic system installed in 2024. Property is being sold in its current, unfinished condition and is subject to short-sale/lender approval. Contact the listing broker for additional renovation details and estimated costs to complete.

Southwest MLS #1111054

Oct 2, 2026

Price Changed

$910,000

$273/sq ft

Jul 21, 2026

Listed

$950,000

$285/sq ft

Public Records

Jan 8, 2025

Sold

—

Public Records

Jan 8, 2025

Sold

—

Santa Fe MLS #202403478

Aug 18, 2024

Listed

$989,000

$296/sq ft

Santa Fe MLS #202400887

Mar 15, 2024

Listed

$989,000

$296/sq ft

Public Records

Nov 13, 2023

Sold

$899,000

$269/sq ft

Southwest MLS #1040684

Aug 27, 2023

Listed

$899,000

$269/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,675 (−2.2%)

$68,333 + $180,873

$249,206

2024

$5,802 (+135.8%)

$68,333 + $185,448

$253,781

2023

$2,461 (+2.3%)

$40,030 + $64,469

$104,499

2022

$2,406 (+1.6%)

$38,864 + $62,591

$101,455

2021

$2,369 (+3.1%)

$37,732 + $60,768

$98,500

2020

$2,298 (+5.1%)

$36,633 + $58,999

$95,632

2019

$2,187 (−0.7%)

$36,633 + $58,999

$95,632

2018

$2,203 (−0.4%)

$36,633 + $58,999

$95,632

2017

$2,213 (+3.0%)

$36,633 + $58,999

$95,632

2016

$2,148 (+2.6%)

$36,633 + $58,999

$95,632

2014

$2,094

$36,633 + $58,999

$95,632

Public record

Public record
Zoning

Beds

Baths

2.5

Stories

—

Lot width

—

Lot depth

—

Lot size

1.08 Acres

Year renovated

—

Finished Sq. Ft.

3,427

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,427

Year built

1962

Style

Single Family Residential

County

Santa Fe County

APN

11703424

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

6% chance of being in a wildfire in next 30 years

2/10 Heat Factor

8 days above 85° expected this year, 22 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Santa Fe, NM • 87501

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Santa Fe. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.6 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1023 Bishops Lodge Rd

We cannot show automated home-value estimates for this home.

Tour for free, no strings attached

Instant answers, or connect with a local agent

Start an offer

Nearby similar homes

$7,500,000

4 beds4.5 baths8,261 sq ft

14 & 8 Juan De Gabaldon Trl, Santa Fe, NM 87506

17.4 acres • Dramatic living area • 17.4 acre lot

$850,000

4 beds2.5 baths2,031 sq ft

1113 S Luna Cir, Santa Fe, NM 87501

Real wood cabinetry • Updated electrical • Ceiling fans

3D WALKTHROUGH

$2,300,000

4 beds5 baths4,542 sq ft

142 Barranca Rd, Santa Fe, NM 87501

Commanding views • Two lots • Guest house

$1,400,000

2 beds1.5 baths2,448 sq ft

614 Paseo De Peralta, Santa Fe, NM 87501

Large windows • Brick floors • Modern heating

$1,475,000

4 beds2.5 baths3,723 sq ft

869 Paseo Del Sur, Santa Fe, NM 87501

1 acre lot • Outdoor living areas • Covered portals

VIDEO TOUR

$1,795,000

5 beds4 baths5,513 sq ft

1095 Mansion Ridge Rd, Santa Fe, NM 87501

2.4 acres • Chef's kitchen • Double ovens

New listings for sale in 87501

OPEN TODAY, 2PM TO 4PM3D & VIDEO TOUR

$795,000

2 beds2.5 baths1,700 sq ft

625 Don Felix St Unit A & B, Santa Fe, NM 87501

Flex room • Rich wood flooring • Beamed ceilings

OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH

$850,000

2 beds2 baths1,570 sq ft

715 1/2 Manhattan, Santa Fe, NM 87501

Updated home • Refreshed kitchen • Outdoor living area

3D WALKTHROUGH

$2,200,000

3 beds4 baths4,452 sq ft

339 and 341 Plaza Balentine, Santa Fe, NM 87501

Historic cabinetry • Flexible floor plan • Additional studio

3D & VIDEO TOUR

$975,000

2 beds2.5 baths1,374 sq ft

108 Monte Vista Pl Unit C, Santa Fe, NM 87501

New wood flooring • Plaster walls • Traditional nichos

$595,000

1 bed1 bath827 sq ft

229 Rodriguez Unit A, Santa Fe, NM 87501

2 parking spots • Built 1930 • Listed 2 days

$755,000

1 bed1 bath789 sq ft

244 Casados St #4, Santa Fe, NM 87501

Private courtyards • Upgraded kitchen • Wolf range

3D WALKTHROUGH

$792,000

2 beds2 baths1,285 sq ft

254 Loma Entrada, Santa Fe, NM 87501

Santa fe style home • New roof • New stucco

$35,000

2 beds2 baths1,159 sq ft

103 Catron St Unit 52E, Santa Fe, NM 87501

Open-concept layout • Private patio • Fitness center

$1,395,000

2 beds2 baths2,002 sq ft

878 Paseo Del Sur, Santa Fe, NM 87501

Private setting • Rich woodwork • Indian pillars

Details provided by Southwest MLS and may not match the public record. Learn more.

More real estate resources

Neighborhoods
Zip Codes
Cities
Popular Searches

Don Gaspar homes for sale
Downtown Santa Fe homes for sale
Sante Fe Historic District homes for sale
Downtown Flagstaff homes for sale
The Village at Rancho Viejo homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

87501 homes for sale
87505 homes for sale
87506 homes for sale
87507 homes for sale
87508 homes for sale

Houses for rent in Santa Fe	Agents near me	Taos, NM homes for sale	Santa Fe Housing Market
Houses for sale near me	Albuquerque, NM homes for sale	Los Alamos, NM homes for sale
Land for sale near me	Santa Fe, NM homes for sale	Ruidoso, NM homes for sale
Open Houses near me	Las Cruces, NM homes for sale	Santa Fe Property Records
Condos for sale near me	Rio Rancho, NM homes for sale	NM New Listings

Los Alamos homes for sale
White Rock homes for sale
Española homes for sale