196 Circle Dr Santa Fe, NM 87501
Vista Encantada NeighborhoodEstimated payment $85,089/month
Highlights
- Horses Allowed On Property
- Wine Cellar
- RV Parking in Community
- Carlos Gilbert Elementary School Rated A-
- Filtered Pool
- Gated Community
About This Home
Experience the rare opportunity to own a meticulously restored piece of Santa Fe’s history. Just minutes from the Plaza, Casa Alegre, originally built in 1931 by Governor John Dempsey, stands as a timeless adobe estate that seamlessly blends historic charm with modern sophistication. Set on 11 breathtaking acres, this exceptional property features a stately six-bedroom main residence, exquisitely renovated to preserve its architectural integrity while incorporating the finest contemporary comforts. Three private guest houses provide additional generous accommodations, making this an ideal retreat for family, friends and distinguished guests. The estate’s resort-like grounds are a true sanctuary, featuring a heated outdoor pool, a private tennis court and stone-lined walking trails that wind through the lush landscape. The grounds include an abundance of trees, along with a bountiful organic garden and orchard. An aggregate of 20 fireplaces are experienced throughout the estate. Steeped in history, Casa Alegre has been home to a succession of distinguished owners following Governor Dempsey, including an heir to the Weyerhaeuser timber fortune and a member of the Martini & Rossi family. Following a period of limited enhancement, Robert and Miriam Knutson, founders of Education Management Corporation, embarked on a four and a half-year, $18 million restoration of the compound in 2004, enlisting master artisans, architects, and craftsmen to revive the estate to perfection. Their meticulous efforts ranged from restoring infrastructure, building intricate rock walls, to curating 64 distinct window styles that honor the home’s original character. Lovingly maintained by its current owners, Casa Alegre has served as the backdrop or cherished family gatherings and elegant philanthropic events. A rare jewel in Santa Fe’s real estate landscape, this extraordinary estate offers an unrivaled opportunity to own a piece of history, beautifully reimagined for modern luxury living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,293
Year Built
- Built in 1930
Parking
- 6 Car Detached Garage
Home Design
- Pueblo Architecture
- Flat Roof Shape
- Frame Construction
- Foam Roof
- Stucco
- Adobe
Interior Spaces
- 8,306 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- 20 Fireplaces
- Circular Fireplace
- Wood Burning Fireplace
- Insulated Windows
- Wine Cellar
- Basement
- Crawl Space
Kitchen
- Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Brick
- Radiant Floor
- Stone
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- Low Flow Plumbing Fixtures
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Security Gate
- Fire and Smoke Detector
Eco-Friendly Details
- Drip Irrigation
- Rain Water Catchment
Pool
- Filtered Pool
- Heated In Ground Pool
- Gas Heated Pool
- Gunite Pool
- Outdoor Pool
- Fence Around Pool
Outdoor Features
- Outdoor Storage
- Outbuilding
Schools
- Carlos Gilbert Elementary School
- Milagro Middle School
- Santa Fe High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Cistern
- Private Water Source
- Well
- Tankless Water Heater
- Gas Water Heater
- Water Purifier
- Water Softener
- Septic Tank
- High Speed Internet
Additional Features
- 11.3 Acre Lot
- Horses Allowed On Property
Listing and Financial Details
- Assessor Parcel Number 010637184
Community Details
Overview
- No Home Owners Association
- RV Parking in Community
Recreation
- Tennis Courts
- Community Pool
- Community Spa
- Trails
Additional Features
- Community Storage Space
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $40,293 | $5,287,583 | $223,243 | $5,064,340 |
2023 | $40,293 | $5,133,576 | $216,741 | $4,916,835 |
2022 | $39,402 | $4,984,056 | $210,429 | $4,773,627 |
2021 | $38,793 | $1,612,963 | $68,099 | $1,544,864 |
2020 | $39,001 | $1,623,027 | $63,099 | $1,559,928 |
2019 | $30,812 | $1,262,539 | $199,999 | $1,062,540 |
2018 | $30,133 | $1,225,766 | $199,999 | $1,025,767 |
2017 | $29,377 | $1,190,064 | $199,999 | $990,065 |
2016 | $27,698 | $1,155,402 | $200,000 | $955,402 |
2015 | $27,055 | $1,121,750 | $200,000 | $921,750 |
2014 | $51,152 | $2,187,241 | $249,750 | $1,937,491 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/01/2025 04/01/25 | For Sale | $15,000,000 | -- | $1,806 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Warranty Deed | -- | Quiet Title Co Llc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | -- | No Value Available | |
Previous Owner | $1,100,000 | Purchase Money Mortgage |
Source: Santa Fe Association of REALTORS®
MLS Number: 202501197

APN: 010637184
- 200 Circle Dr
- 193 Circle Dr
- 211 Camino Del Norte
- 113 Circle Dr
- 213 Camino Encantado
- 145 Brownell Howland Rd
- 1097 Mansion Ridge Rd
- 298 Brownell-Howland Rd
- 10 Bishops Trail
- 45 Lamy Dr
- 1103 Bishops Lodge Rd
- 102 Camino Encantado
- 409 Brownell Howland Rd
- 1064 Bishops Lodge Rd
- 1020 Sierra Del Norte
- 57 Lodge Trail
- 146 Barranca Rd Unit 14
- 1060 Bishops Lodge Rd
- 1203 Sierra Del Este
- 1054 Encantado Dr
- 1460 Avenida Rincon Unit 104
- 663 Bishops Lodge Rd
- 941 Calle Mejia Unit 513
- 941 Calle Mejia Unit Building 600 Unit # 617
- 1005 Calle Dorthia
- 825 Calle Mejia
- 100 Rio Vista Place
- 539 Old Santa fe Trail
- 207 Camino de Los Marquez Unit 5
- 920 Shoofly St
- 105 Caminito Montano
- 520 S South St Francis Dr Dr
- 509 Calle de Valdes
- 2200 W Alameda St Unit Guest Unit #4
- 2029 Calle Lorca
- 2132 Ridgeview Cir Unit Casa de Ridgeview
- 2020 Calle Lorca
- 1896 Lorca Dr
- 501 W Zia Rd
- 2725 Agua Fria St