Tour
$9,084 Closing Credit¹
#202502094, Sue Garfitt, Listing office: Santa Fe Properties
$880,000 List price
56 Balsa Rd Santa Fe, NM 87508
$10,000
Closing credit¹
4 beds
3 full
2,700 sqft
2.0 acres
$326 / sqft
House
Property details
About 56 Balsa Rd
Peaceful Eldorado Retreat on 2 Acres — Spacious, Versatile, and Full of Potential Welcome to 56 Balsa Road, a freshly painted 4-bedroom, 3-bathroom home on a rare 2-acre lot in the desirable Eldorado community. This versatile property offers space, privacy, and flexibility, ideal for families, retirees, or remote professionals. A charming front courtyard leads inside, where you’ll find two cozy fireplaces, two bonus rooms perfect for an office, studio, or gym, and a private suite with a separate entrance—ideal for guests or multigenerational living. Enjoy seamless indoor-outdoor living with 360-degree access around the home. The backyard features new gravel, a freshly painted deck, solar-lit pathways, and a peaceful, tree-framed outdoor retreat. A capped gas line is ready for a future BBQ or fire pit, while the master bedroom opens to a tranquil side yard with a fountain. Recent upgrades include a freshly painted interior, new septic system, roof warranty through 2031, smart garage system, and a greenhouse with electricity (needs TLC after hail damage). The property has passed all major inspections, including septic, termite, and mold. Lovingly maintained by the same family for 13 years, this move-in-ready home is full of charm and priced for future updates. Experience peaceful living, vibrant sunsets, and brilliant starry nights in the heart of Eldorado.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Fireplace(s)
StatusActive
CoolingEvaporative Cooling
Size2,700 sqft
Lot size2 Acres
Year built1991
ParkingAttached, Garage
MLS #202403421
Attached garage2 spaces
FireplaceKiva
Summary
- Full Bathrooms: 3
- Appliances: Dryer, Dishwasher, Electric Cooktop, Oven, Range, Refrigerator, Water Heater, Washer, ENERGY STAR Qualified Appliances
- Basement: No
- Flooring Type: Carpet, Tile, Wood
- Interior: Beamed Ceilings, Interior Steps
- Fireplace: Kiva
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Garage
- Architectural Style: Pueblo, One Story
- Heating: Forced Air, Fireplace(s)
- Cooling: Evaporative Cooling
- List Price: $880,000
- Price/SqFt: $325
- HOA Amount: $610 Annually
- Annual Tax Amount: $3,551
- Tax Year: 2023
- Directions: From 285 turn on Avenida Vista Grande then left on Casa del Oro and left on Balsa, house on left.
- Year Built: 1991
- Living Area: 2,700 SqFt
- Lot Size: 2 Acres
- MLS Number: 202403421
- MLS Name: SFAOR
- Office Name: Sotheby's Int. RE/Washington
- Office Phone: (505) 988-8088
- Listing Agent: Ryan D. Ferguson
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.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 9:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$880,000
56 Balsa Rd
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $136,395 | $3,551 |
| 2022 | $132,423 | $3,346 |
| 2021 | $128,566 | $3,346 |
| 2020 | $124,822 | $3,246 |
| 2019 | $121,187 | $3,175 |
| 2018 | $117,657 | $3,105 |
| 2017 | $114,230 | $3,021 |
History based on county public records data.
Nearby schools
6
Amy Biehl Community School at Rancho Viejo
Public District PK-6
5.2 mi
•310 Avienda Del Sur
9
Pinon Elementary School
Public District PK-6
7.0 mi
•2921 Camino Caballos
4
Chaparral Elementary School
Public District KG-6
7.5 mi
•2451 Avenida Chaparral
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 $93,929. Most Santa Fe, NM residents have annual incomes between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
11%
<35k
44%
35k-100k
40%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
5%
Single, with Kids
44%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
4%
18-34 yrs old
59%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Oldsmobile
What do the neighbors listen to?
News/Talk/Information
New Country
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Santa Fe, NM
Transportation in Santa Fe includes a network of roads and highways that connect residents to nearby cities and attractions. The city's public transit system provides routes that cover key areas, facilitating access to essential services and entertainment. While some neighborhoods are more walkable than others, the city as a whole is bike-friendly, with several trails and bike lanes available. Commuters and travelers benefit from the Santa Fe Regional Airport and the Rail Runner Express, which offers train service to Albuquerque. Recent initiatives aim to enhance the efficiency and accessibility of the city's transportation infrastructure.
The community is served by a robust educational system, including a variety of public and private schools that cater to different educational needs and preferences. Santa Fe also boasts several higher education institutions, enriching the local intellectual environment. Healthcare services are comprehensive, with facilities offering a range of medical care from primary to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, with local businesses and restaurants reflecting the unique cultural tapestry of Santa Fe.
Santa Fe prides itself on its vibrant arts scene and cultural diversity, which are central to the city's identity. The community is celebrated for its numerous galleries, art festivals, and the renowned Santa Fe Opera. The city's character is further enriched by its historical sites, including the Palace of the Governors and the Loretto Chapel, which attract both residents and visitors alike. The local cuisine, influenced by Native American and Spanish flavors, offers a unique culinary experience that is integral to the city's charm.
Santa Fe's housing market is characterized by a blend of traditional Pueblo-style homes and contemporary designs, reflecting the area's rich cultural heritage and modern growth. Single-family homes are prevalent, with a significant portion featuring the distinctive adobe construction that echoes the city's historic roots. The market also includes a selection of condominiums and townhouses, accommodating a range of lifestyle needs. While the majority of homes date back to the mid-20th century, there has been a steady influx of new developments to meet the demand of a growing population.
About 56 Balsa Rd
The listing price of 56 Balsa Rd property is $880,000.
The property 56 Balsa Rd is a house located in Santa Fe, New Mexico, 87508.
Active Listing: 56 Balsa Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 56 Balsa Rd are: Amy Biehl Community School at Rancho Viejo (GreatSchools Rating 6/10), Pinon Elementary School (GreatSchools Rating 9/10), Chaparral Elementary School (GreatSchools Rating 4/10), El Dorado Community School (GreatSchools Rating 6/10), Turquoise Trail Charter School (GreatSchools Rating 6/10), Nina Otero Community School (GreatSchools Rating 3/10), Academy for Technology & Classics (GreatSchools Rating 8/10), The Masters Program (GreatSchools Rating 7/10), Tierra Encantada Charter School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $3,551 (source: MLS/based on county public records data).
The property at 56 Balsa Rd has 4 bedrooms and 3 bathrooms.
The property 56 Balsa Rd is 2,700 SqFt (source: MLS/tax record).
The year of construction for 56 Balsa Rd is 1991.
This home is located at 56 Balsa Rd in Santa Fe, NM and zip code 87508. This 2,700 square foot home, which was built in 1991, sits on a 2.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $880,000.
Santa Fe, NM housing market in May 2025 saw over 28 listings sold above listed price, more than 26 sold at listed price and over 84 sold below. The inventory of homes for sale in Santa Fe, NM between April and May 2025 increased by 9.5%. The median list price of listings available in May 2025 was $641,889, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.