12 Most Expensive Houses in New Mexico (Current Prices)

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Prepare to be transported into the lap of luxury as we uncover the hidden gems of real estate in New Mexico. In this listicle, we’re unlocking the doors to the state’s most extravagant residences, where each house tells a story of grandeur and sophistication.

From sprawling estates nestled against the backdrop of the majestic landscape to architectural wonders that redefine the concept of home, these houses are more than just dwellings—they’re masterpieces.

Join us on a tour exploring the lavish details, exclusive amenities, and jaw-dropping price tags that make these properties the pinnacle of luxury living in the Land of Enchantment.

12. Highway 66 Dripping Springs Ranch

Market Price: $5,995,000
Rooms: 10
Lot Area: 6,764 Acres
Address: Highway 66 Springs Ranch Unit Dripping

Highway 66 Dripping Springs RanchImage source: Tripadvisor

Embracing the spirit of freedom, hunting enthusiasts will find an ideal haven at Highway 66 Dripping Springs Ranch, as elk and deer roam freely, with licenses available for those eager to engage in this time-honored pursuit.

The expansive terrain encourages exploration and adventure, epitomizing a lifestyle where boundaries are blurred, and the vastness of the surroundings becomes a canvas for personal discovery. The allure extends across nearly 7,000 acres of deeded and leased land, complemented by an adjoining 14,000 acres of wilderness preserve and the majestic embrace of the Cibola National Forest.

The central hub of this expansive estate is the main lodge and ranch home, generously accommodating up to a dozen individuals. Scattered across the property are three additional homes, strategically positioned for guests, caretakers, or staff, alongside a barn-type dormitory designed to comfortably cater to 25 people.

11. 185 Brownell Howland

Market Price: $6,200,000
Rooms: 6
Lot Area: 7.46 acres
Address: 185 Brownell Howland, Santa Fe, New Mexico 87501

185 Brownell HowlandImage source: Redfin

Designed in the late 1920s by the esteemed John Gaw Meem, the Spanish Pueblo Revival-style home, 185 Brownell Howland, boasts 200-year-old carved doors and 5,900+ sq. ft. of living space.

The classic triple adobe hacienda features four main bedrooms, four baths, and two guest house casitas, preserving the authenticity of the era. The meticulously crafted interior showcases flagstone, oak plank floors, vigas, and a kiva fireplace, creating an inviting atmosphere.

The grand adobe arch dining area features elegant coved ceilings, and the original studio, once used by Rio Grande painter McHarg Davenport, preserves the artistic legacy of the 1930s. Sprawling patios offer spaces for both intimate al fresco dinners and large-scale entertaining. The estate’s private location enhances the seclusion, complemented by a 2-car detached garage.

10. El Rancho De La Mariposa

Market Price: $6.5 million
Rooms: 12
Lot Area: 14.77 Acres
Address: Taos, New Mexico, 87571 United States

El Rancho De La MariposaImage source: Sotheby’s Realty

Situated 1.5 miles south of Taos on a sprawling 14-acre plot, El Rancho De La Mariposa, with a rich history spanning over 90 years, stands resilient against time and is currently listed at $6.5 million. Beyond its price tag, the home distinguishes itself as an art-filled haven, promising unparalleled tranquility within its walls.

The main residence, a grand 14,600-square-foot mansion, unveils 12 bedrooms, a library, entertainment spaces, an elevator, and two indoor pools, each space a canvas of artistic expression. From the Art Deco light fixtures to the intricately wrought-iron window grills and meticulously carved wooden details, the interior exudes craftsmanship and cultural richness.

Adding to its allure is a museum within the same expanse as the living quarters, contributing to the property’s elevated value. Outside, a captivating panorama unfolds, featuring a tower of Douglas fir trees and a verdant landscape adorned with perennials.

9. Cerro Gordo and Palace Avenue

Market Price: $6.7 million
Rooms: 6
Lot Area: 1.28 Acres
Address: Santa Fe, NM 87501

Cerro Gordo and Palace AvenueImage source: Trulia

Situated near the historic Santa Fe Plaza, Cerro Gordo and Palace Avenue unfolds with an ensemble of structures that narrate a rich tapestry of New Mexican history. The main house, along with a second residence, a two-bedroom casita, a three-room studio, a detached library, and a chapel, composes a unique architectural symphony.

Originating from the 1880s, segments of the main house carry the weight of historical significance, encapsulated in the loving restoration that highlights locally made adobe, earthen walls, and wide-plank wood floors—many of which are reclaimed antiquities. The walls are adorned with hand-painted artwork, adding a personalized touch to the residence.

For $7 million, this property becomes not just a home but a custodian of New Mexican heritage. The mature gardens surrounding the estate contribute to the enchanting atmosphere, their lush beauty serving as a picturesque backdrop to the meticulously preserved structures. Owning this piece of history signifies an embrace of the past, where every corner tells a story of tradition, craftsmanship, and the enduring charm of Santa Fe.

8. 354 Country Road #B31A

Market Price: $7 million
Rooms: 8
Lot Area: 1,630 Acres
Address: 354 County Road B31A, Ribera, NM

354 Country Road #B31AImage source: theknot

Nestled in Ribera, just a 45-minute drive from Santa Fe, the sprawling 1,630-acre property known as the “Blame Her Ranch,” or 354 Country Road #B31A, stands as a monument of luxurious living in the heart of nature. Constructed in 2007, the ranch holds an esteemed current value of nearly $7 million, and its allure lies in the multitude of features it offers.

The 7,900-square-foot residence, designed with an old-west aesthetic, boasts eight bedrooms, an in-home theater, a state-of-the-art kitchen, a home office, and a fitness center. The architectural details, including two moss rock fireplaces and doors inspired by Santa Fe’s La Puerta, contribute to its unique charm.

Massive windows frame panoramic views, allowing southern light to flood the interiors. Situated adjacent to the Santa Fe National Forest, the ranch ensures unparalleled privacy, offering residents stunning vistas of mature pinion and ponderosa pines, as well as seasonal ponds.

7. Coyote Canyon Dr. SE

Market Price: $7,200,000
Rooms: 8
Lot Area: 176.75 acres
Address: Coyote Canyon Dr SE, Albuquerque, NM 87123

Coyote Canyon Dr. SEImage source: Zillow

Coyote Canyon Dr SE, nestled in the serene embrace of the Sandia Mountains, presents a rare opportunity for those seeking an unparalleled estate. The expansive French Country manor house exudes both grandeur and comfort, complemented by world-class equestrian facilities, tennis courts, and caretakers’ quarters.

Designed with equestrian enthusiasts in mind, the ranch boasts a state-of-the-art 18-stall barn, complete with a raised center aisle, tack rooms, wash racks, and office space. Additional amenities include two 61′ Round Pens, a spacious hay barn, and a massive 31,000 sq ft indoor arena with accompanying bathrooms.

6. 157 Mertz Pl

Market Price: $9 Million
Rooms: 5
Lot Area: 297 acres
Address: Angel Fire, NM 87710

157 Mertz PlImage source: Zillow

Surrounded by the natural beauty of the region, 157 Mertz Pl offers a serene and private setting with breathtaking views of the Pecos Wilderness and Wheeler Peak Wilderness areas.

Boasting a total of 7 fireplaces, the main house features a main great room with vaulted ceilings, two rock fireplaces, and panoramic views of Black Lake, the iconic filming location of the mini-series Lonesome Dove.

Beyond its residential charm, 157 Mertz Pl offers a wealth of recreational amenities, including a gourmet kitchen with sub-zero appliances, a wine cellar with a tasting area, and various living spaces. The property also provides opportunities for outdoor enthusiasts, with access to Hidden Lake for fishing and the availability of elk permits due to a thriving elk population.

5. 12 Avenida De Rey

Market Price: $9.9 million
Rooms: 5
Lot Area: 219 Acres
Address: Santa Fe, NM 87507, USA

12 Avenida De ReyImage source: Realtor

Nestled roughly half an hour from the historic Santa Fe Plaza, Avenida De Rey emerges as a vibrant mini-metropolis within a sprawling over 200-acre fenced enclave. Positioned strategically, this estate offers an immersive experience with reserved, iconic views of the Sangre de Cristo and Jemez peaks.

Reflecting the region’s cultural heritage, the five-bedroom estate is a testament to luxury living. Featuring 12 stables accompanied by servant quarters and a caretaker’s office, the property seamlessly blends functionality with opulence.

As you approach the residence along the illuminated driveway, a grand three-car and bus garage comes into view, a heated sanctuary hinting at the warmth and comfort awaiting within. The estate unfolds to reveal 10 fireplaces, a bowling alley, a recreation area complete with a pool lounge, and dedicated office space—a harmonious fusion of lavish amenities and Southwestern charm.

4. Tesuque Ridge, Santa Fe, NM

Market Price: $13.65 million
Rooms: 3
Lot Area: 10 Acres
Address: 11 Tesuque Rdg, Santa Fe, NM 87501

Tesuque Ridge, Santa Fe, NMImage source: Homesantafe

In the heart of comfort and luxury, Tesuque Ridge embodies every family’s dream, offering a sanctuary for its residents and a guest house to accommodate visitors. Priced at $13.65 million, the residence spans a generous 14,000 square feet, providing ample space for familial relaxation and entertainment.

Boasting six bedrooms, five baths, a dining room, a library, and a basement, this abode caters to every aspect of family living. The main family room area stands as a testament to the property’s allure, offering panoramic views of the majestic Sangre de Cristo Mountains.

With such breathtaking vistas, it becomes a haven where the beauty of the natural surroundings seamlessly integrates with the warmth and comfort of home, creating an environment that beckons inhabitants to stay and savor the serenity.

3. 424 State Hwy 37, Nogal

Market Price: $15,000,000
Rooms: 5
Lot Area: 197 Acres
Address: 424 State Hwy 37, Nogal, New Mexico 88341

424 State Hwy 37, NogalImage source: Redfin

This magnificent French Manor, 424 State Hwy 37, Nogal, is a testament to timeless elegance and luxury living. The 9,500-square-foot main house boasts a grandeur defined by its stone exterior and copper roof, creating a visual masterpiece. Inside, the residence exudes sophistication with 14′ ceilings, two spacious living areas, and a game room, providing the perfect blend of opulence and comfort.

For equestrian enthusiasts, the estate features a 12-stall barn complete with living quarters, a tack room, a vet room, a wash rack, and an arena, ensuring a world-class experience for both residents and their equine companions. This French Manor is a harmonious blend of architectural excellence, luxurious amenities, and expansive landscapes, offering a lifestyle of unparalleled grandeur.

2. 503 Camino Del Monte Sol

Market Price: $17,900,000
Rooms: 8
Lot Area: 2.21 acres
Address: 503 Camino Del Monte Sol, Santa Fe, NM 87505

503 Camino Del Monte SolImage source: Redfin

The 503 Camino Del Monte Sol unfolds as a secret oasis, surrounded by magnificent grounds, towering trees, and stone walls, offering an immediate sense of tranquility and privacy.

The main residence, a masterful example of Pueblo-style Spanish Colonial architecture dating back to 1918, has been meticulously restored to preserve its original charm, featuring authentic doors, windows, lintels, vigas, and intricately coved and carved ceilings that create a spacious and inviting atmosphere.

Beyond the main residence, the property unveils additional gems, including a charming gatehouse nestled in a quiet refuge enveloped by nature, a pristine casita with winding walkways surrounded by vibrant flowery gardens and specimen trees, and the original stable and corral with mangers, chicken coops, and the estate’s private well.

1. 211 Camino Del Norte, Vida Encantada

Market Price: $19,500,000
Rooms: 14
Lot Area: 3.7 acres
Address: 211 Camino Del Norte, Vida Encantada, Santa Fe, NM 87501

211 Camino Del Norte, Vida EncantadaImage source: Redfin

Set on 3.7 acres, 211 Camino Del Norte, Vida Encantada is considered the most expensive house in New Mexico. It comprises four residences boasting a total of approximately 18,000 square feet of meticulously designed living space. The property’s opulence is evident in its expansive features, including 14 bedrooms, spa facilities with a salon, a two-person massage room, a fully equipped gym, and a sauna.

The lush landscape surrounding the compound adds to its allure, featuring colorful gardens, perennial and rose gardens, vegetable and herb patches, dozens of fruit trees, berry vines, a 25-chicken coop, and a greenhouse.

The estate prioritizes comfort, convenience, and security, incorporating a snow-melt system on driveways, motor courts, and paths, Crestron home automation systems in each residence, and underground storage spaces with electronic server rack rooms.


Head of Content at Rarest.org


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