196 Circle Dr Santa Fe, NM 87501
Property details
About 196 Circle Dr
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.
Highlights
Summary
- MLS Number: 202501197
- MLS Name: SFAOR
- Office Name: Barker Realty, LLC
- Office Phone: (505) 982-9836
- Office Email: reception@santaferealestate.com
- Listing Agent: Stephanie Duran, Amanda Erwin
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$15,000,000
196 Circle Dr
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Price information
Property sales
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Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,711,192 | $40,293 |
| 2022 | $1,661,352 | $39,402 |
| 2021 | $1,612,963 | $39,402 |
| 2020 | $1,623,027 | $39,001 |
| 2019 | $1,262,539 | $30,812 |
| 2018 | $1,225,766 | $30,133 |
| 2017 | $1,190,064 | $29,376 |
History based on county public records data.
Nearby schools
8
Carlos Gilbert Elementary School
Public District KG-6
2.4 mi
•300 Griffin St
5
Tesuque Elementary School
Public District KG-6
2.8 mi
•Bishops Lodge Rd
8
Acequia Madre Elementary School
Public District KG-6
2.9 mi
•700 Acequia Madre
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $134,451. Most Santa Fe, NM residents have annual incomes between $100k-200k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Best Buy
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Panera
What do the neighbors drive?
Lincoln
Lexus
Infiniti
What do the neighbors listen to?
News/Talk/Information
Oldies
Adult Hits
Frequently asked questions
About 196 Circle Dr
This home is located at 196 Circle Dr in Santa Fe, NM and zip code 87501 in the Vista Encantada neighborhood. This 8,306 square foot home, which was built in 1930, sits on a 11.30 acre lot. Features: 10 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $15,000,000.
In March 2025, from all listings sold in Santa Fe, NM there were more than 17 sold above asking price, over 105 sold below and more than 35 were sold right at the asked price. The inventory of homes for sale in Santa Fe, NM between February and March 2025 increased by 4.7%. Listings spent 54 days on the market in March 2025, and had a median list price of $628,578 during the same period.