$1,499,000
3 Beds
2.5 Baths
3,729 sqft (on 12.53 acres)
40 Silver Saddle, Lamy, NM 87540
Est. Mortgage $8,678/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1990
12.53 acre lot
$402/sqft
Carport
Local Information
- Map ViewExplore the area around 40 Silver Saddle.
- Schools1 Preschool School1 Elementary School1 Middle School
- Shop & Eat
-- mins to
About this House
Perched atop 12.5 scenic acres, this exceptional Spanish Hacienda-style home captures breathtaking 360-degree views of the Sangre de Cristo Mountains, Jemez Mountains, mesas, and New Mexico's spectacular high desert. The beautifully designed 3,729± square foot residence offers 3 bedrooms, 3 baths, and seamless indoor-outdoor living. At its heart is a stunning private courtyard featuring mature trees, lush landscaping, stone pathways, and a tranquil tiered fountain, creating a peaceful resort-like retreat. An expansive front portal showcases panoramic mountain views and unforgettable sunsets.
Inside, expansive picture windows fill the home with natural light while framing magnificent vistas. Architectural details include smooth plaster walls, traditional vigas, handcrafted fireplaces, radiant in-floor heat, and custom millwork. The chef's kitchen features custom cabinetry, stone countertops, premium stainless steel appliances, a generous center island, and abundant storage.
The spacious primary suite offers a luxurious retreat with courtyard access, a spa-inspired bath with soaking tub, oversized walk-in shower, and an exceptional boutique-style dressing room with extensive custom storage. Two well-appointed guest bedrooms provide comfort and privacy. A separate light-filled flex room offers possibilities as a craft room or fitness space.
With 12.5 acres of open land, the property also offers excellent potential for equestrian use, with ample space to create horse facilities while enjoying the surrounding high-desert landscape and expansive views. Just minutes from Lamy, Eldorado schools, shopping, dining, and Santa Fe, this remarkable property offers privacy, timeless design, and the very best of Northern New Mexico living.
Inside, expansive picture windows fill the home with natural light while framing magnificent vistas. Architectural details include smooth plaster walls, traditional vigas, handcrafted fireplaces, radiant in-floor heat, and custom millwork. The chef's kitchen features custom cabinetry, stone countertops, premium stainless steel appliances, a generous center island, and abundant storage.
The spacious primary suite offers a luxurious retreat with courtyard access, a spa-inspired bath with soaking tub, oversized walk-in shower, and an exceptional boutique-style dressing room with extensive custom storage. Two well-appointed guest bedrooms provide comfort and privacy. A separate light-filled flex room offers possibilities as a craft room or fitness space.
With 12.5 acres of open land, the property also offers excellent potential for equestrian use, with ample space to create horse facilities while enjoying the surrounding high-desert landscape and expansive views. Just minutes from Lamy, Eldorado schools, shopping, dining, and Santa Fe, this remarkable property offers privacy, timeless design, and the very best of Northern New Mexico living.
Last check for updates: about 7 hours ago
Listing courtesy of Gretchen Walther, (505) 710-1039
Barker Realty, LLC, (505) 982-9836
Originating MLS: Santa Fe Association of REALTORS
Source: SFARMLS, MLS#202602988
Also Listed on SFARMLS.
Home Details for 40 Silver Saddle
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 3729 Square Feet |
Appliances & Utilities Utilities: Electricity AvailableAppliances: Dryer, Dishwasher, Gas Cooktop, Microwave, Oven, Range, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: RadiantHas CoolingAir Conditioning: Ductless,RefrigeratedHas HeatingHeating Fuel: Radiant |
Fireplace & Spa Number of Fireplaces: 3Fireplace: Wood BurningHas a Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Brick |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: Not ADA CompliantFloors: Brick |
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Exterior Home Features Roof: MetalOther Structures: Storage |
Parking & Garage Has a CarportNo GarageNo Attached GarageParking Spaces: 4Parking: Carport |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Allowed to Raise Horses |
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Days on Market: 60 |
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Year Built Year Built: 1990 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Spanish |
Building Construction Materials: Block, FrameNot Attached Property |
Property Information Parcel Number: 940001584 |
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Price List Price: $1,499,000Price Per Sqft: $402 |
Status Change & Dates Possession Timing: Closing & Funding, Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: Lamy |
School Information Elementary School: El Dorado Com SchoolJr High / Middle School: El Dorado Com SchoolHigh School: Santa Fe |
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Listing Agent Listing ID: 202602988 |
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Building Area Building Area: 3729 Square Feet |
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Association for this Listing: Santa Fe Association of REALTORSNo HOA |
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Lot Area: 12.53 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, 1031 Exchange, New Loan |
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Mls Number: 202602988Living Area Range: 3, 001-4, 000Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-35049-N-940001584-R-N |
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Days On Market Replication: 44 |
Around this home
What Locals Say about Lamy
At least 2 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say there are community events
100 % Say it's quiet
100 % Say there's wildlife
83 % Say it's dog friendly
75 % Say yards are well-kept
75 % Say car is needed
67 % Say people would walk alone at night
67 % Say they plan to stay for at least 5 years
50 % Say there's holiday spirit
46 % Say neighbors are friendly
Sourced by Trulia users. Learn more about our methodology.
Market trends in Lamy
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
14
1MoM
Home Value
Trulia Estimate
$1.4MSince last month
Decreased$17K (-1.2%)Since last year
Increased$289K (+26%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +88% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.4M |
| August 2026 | $1.42M |
| July 2026 | $1.47M |
| June 2026 | $1.14M |
| May 2026 | $1.12M |
| April 2026 | $1.11M |
| March 2026 | $1.1M |
| February 2026 | $1.09M |
| January 2026 | $1.07M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.53 | Single-Family Home | - | 02/27/26 | 3 | 2 | 2,000 | |
0.65 | Single-Family Home | - | 11/14/25 | 5 | 4.5 | 5,020 | |
0.76 | Single-Family Home | - | 07/24/26 | 3 | 2 | 2,000 | |
0.76 | Single-Family Home | - | 07/24/26 | 3 | 2 | 2,000 | |
0.99 | Single-Family Home | - | 11/28/25 | 3 | 3 | 2,400 | |
0.93 | Single-Family Home | - | 08/20/26 | 3 | 2.5 | 2,125 | |
1.06 | Single-Family Home | - | 08/07/26 | 3 | 3.5 | 3,135 | |
1.15 | Single-Family Home | - | 04/01/26 | 3 | 3 | 3,149 | |
1.17 | Single-Family Home | - | 04/01/26 | 3 | 3 | 3,115 | |
1.20 | Single-Family Home | - | 01/30/26 | 3 | 3.5 | 2,506 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.10 | $349,000 | - | - | - | For Sale | |
0.25 | - | 5 | 5.5 | 4,873 | Off Market | |
0.35 | - | 3 | 3 | 3,120 | Off Market | |
0.43 | - | - | - | - | Off Market | |
0.46 | $879,600 | 3 | 2 | 2,400 | Off Market | |
0.51 | $1,114,300 | 3 | 2 | 2,689 | Off Market | |
0.53 | - | 3 | 2 | 2,000 | Recently Sold | |
0.56 | - | - | - | - | Off Market | |
0.56 | $185,000 | - | - | - | For Sale | |
0.63 | $741,400 | 3 | 2 | 2,140 | Off Market | |
0.64 | $2,084,900 | 4 | 4 | 5,445 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 23, 2026 Source: SFARMLS #202602988 | Listed For Sale | $1,499,000 |
Aug 5, 2020 Source: Agent Provided | ListingRemoved | $825,000 |
Jun 25, 2020 Source: Agent Provided | Pending | $825,000 |
Jun 1, 2020 Source: Agent Provided | PriceChange | $825,000 Price decreased by 3% |
Nov 1, 2019 Source: Agent Provided | PendingToActive | $850,000 |
Oct 20, 2019 Source: Agent Provided | Pending | $850,000 |
Aug 29, 2019 Source: Agent Provided | PriceChange | $850,000 Price decreased by 11% |
Oct 5, 2018 Source: Agent Provided | PriceChange | $953,000 Price decreased by 3% |
Jun 29, 2018 Source: Agent Provided | PriceChange | $987,300 Price decreased by 8% |
Jan 26, 2018 Source: Agent Provided | PriceChange | $1,075,000 Price decreased by 2% |
Jul 26, 2017 Source: Agent Provided | Listed For Sale | $1,100,000 |
Apr 15, 2016 Source: Agent Provided | ListingRemoved | $1,100,000 |
Apr 13, 2015 Source: Agent Provided | Listed For Sale | $1,100,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,036 | $1,183,689 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Gretchen Walther, Barker Realty, LLC, (505) 982-9836
Agent Phone: (505) 710-1039
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.
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Frequently asked questions about 40 Silver Saddle
- What is the estimated monthly payment for 40 Silver Saddle?Based on a $1,499,000 list price with 20% down at today's rates, the estimated monthly payment for 40 Silver Saddle in Lamy, NM is approximately $8,887 (about $8,187 principal & interest, $625 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 40 Silver Saddle?The closest schools to 40 Silver Saddle in Lamy, NM are El Dorado Community School (Pre-K/Elementary/Middle, rated 9/10).
- What is 40 Silver Saddle estimated to be worth?Trulia's estimated value for 40 Silver Saddle in Lamy, NM is $1,403,100.
- Does 40 Silver Saddle have air conditioning?Yes, 40 Silver Saddle in Lamy, NM has air conditioning.
- Does 40 Silver Saddle have laundry facilities?Yes, 40 Silver Saddle in Lamy, NM has in-unit laundry.
- How big is the lot at 40 Silver Saddle?The lot at 40 Silver Saddle in Lamy, NM is about 12.5 acres.
40 Silver Saddle, Lamy, NM 87540 is a 3 bedroom, 3 bathroom, 3,729 sqft single-family home built in 1990. This property is currently available for sale and was listed by SFARMLS on Jul 23, 2026. The MLS # for this home is MLS# 202602988.