OFF MARKET
Google street view image for 1040 S Summit Rdg, Santa Fe, NM 87501
OFF MARKET
$1,725,172
3
bd
•
1.5 ba
•
2,954
sq ft

1040 S Summit Rdg, Santa Fe, NM 87501

map-entry

About this home

1040 S Summit Rdg is a 2,954 square foot house on a 1.94 acre lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Santa Fe data, we estimate the home's value is $1,725,172.
Single-familyProperty Type
1991Year Built
1.94 acresLot Size
$584Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$1,725,172
$27K since August

This home's estimate is 6.7% lower than the average sale price ($1.85M) of 1 comparable home.

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Earn from this home

Sell
$1,624,062
Est. take-home

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Rent
$3,275/mo
Redfin rental estimate

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Market trends in 87501, NM

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price
97.6%

+0.2% MoM

Median sale price
$849K

$19K MoM

Avg. days on market
56d

16 days MoM

Recently sold homes
92

23 MoM

New listings for sale

Provided by Redfin

Sale history for 1040 S Summit Rdg

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 1040 S Summit Rdg

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RES-C

Residential Community District

The purpose of the Residential Community RES-C district is to designate areas suitable for suburban-type residential development and other compatible uses. The RES-C district supports single-family homes on relatively small lots consistent with contemporary community development. Generally this district applies to existing medium to higher density residential development in established neighborhoods lands that are already committed to residential uses and have been subdivided for a specific development and undeveloped or underdeveloped areas with a moderate to high development suitability. 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.
Permitted uses

Include but are not limited to:

  • Greenhouse / nursery
  • Religious facility
  • Day care facility
  • Housing-Single unit
  • Housing-Multiple units
  • Housing-Senior
  • Medical office
  • Educational/school
  • Library
  • Recreation

Property details

Around this home

Schools

Atalaya Elementary School

Public PreK-6 • Assigned • 2.2mi

9/10
Milagro Middle School

Public 7-8 • Assigned • 5.0mi

6/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

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

6/10 Fire Factor

11% chance of being in a wildfire in next 30 years

1/10 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)
42
23
54
32
61
37
63
41
70
47
83
59
82
60
83
60
76
53
67
47
52
34
50
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 11.4 hours in June and 7 hours in December, placing it above the U.S. average for solar exposure.

11.4 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.64M – $1.98M

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Home values near 1040 S Summit Rdg

Data from public records.
AddressRedfin Estimate
3 Beds | - Baths | 3130 Sq. Ft.
$2,021,102
2 Beds | 2 Baths | 1078 Sq. Ft.
$583,645
AddressRedfin Estimate
4 Beds | 2.5 Baths | 3970 Sq. Ft.
$2,097,222
AddressRedfin Estimate
2 Beds | 2 Baths | 2100 Sq. Ft.
$803,288

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