Santa Fe Homes under $500,000

Welcome to Santa Fe, New Mexico – a city where rich history, vibrant culture, and stunning landscapes converge! Nestled in the foothills of the Sangre de Cristo Mountains, Santa Fe is renowned for its unique Pueblo-style architecture, art galleries, and a thriving culinary scene that reflects its diverse heritage. With a population that embraces both tradition and innovation, this city offers an inviting atmosphere for residents and visitors alike.

For those seeking to make Santa Fe their home, you’ll be pleased to discover a variety of homes available under $500,000. This price range opens up a treasure trove of options, from charming adobe-style houses to modern townhomes, all set against the backdrop of breathtaking desert vistas. Whether you’re a first-time homebuyer, looking to downsize, or searching for a vacation retreat, Santa Fe’s real estate market has something for everyone.

Imagine waking up to the soft glow of the morning sun streaming through your windows, with the serene beauty of the New Mexico landscape just outside your door. Enjoy leisurely strolls through the historic Plaza, where art, culture, and community come together. For outdoor enthusiasts, the nearby hiking trails and ski resorts offer endless opportunities for adventure.

With its affordable housing options and an abundance of local amenities, Santa Fe is not just a place to live; it’s a lifestyle. Explore the possibilities today and find your perfect home in this enchanting city, where every day feels like a celebration of life. Welcome to Santa Fe – your new beginning awaits!

Newest Santa Fe Homes under $500,000

$399,000

3 Beds ⋅ 2 Baths ⋅ 202604250 MLS

This property offers significant upside and is currently in disrepair and poor condition. It is located in the midtown area on a large lot, with a portion of the lot being vacant, providing potential space for a garage, studio, or both. The guest house appears to be habitable while the main home is currently not habitable. The main house is adobe construction and the sewer lines appear to be newer. Limited information is known about the property, as it is being sold by the Conservator for the Seller.

1628 Brae Street, Santa Fe

$465,000

1 Beds ⋅ 1 Baths ⋅ 202604288 MLS

Charming Tesuque 1-bedroom, 1 bath adobe condo with 227 sq. ft. of reserved area for a possible expansion. Single story; no interior steps. Perfect pied-à-terre or investment opportunity, including short-term rentals with proper permits. Designed by famous Taos artist/architect William Lumpkins, this open concept unit lives large with vigas and beams, nichos, brick floors, multiple skylights, and a wood-burning kiva fireplace. Updated cottage kitchen with decorative tiles, quartz countertops and breakfast bar. Updated bathroom. Laundry room with combo washer/dryer. Covered porch, private courtyard with flagstone patio. New stucco in 2026. One car carport. Close to the Tesuque Village Market and Bishops Lodge with easy access to downtown Santa Fe

2 White Boulder Lane, Santa Fe

2501 W Zia Road 9-112 Unit #9-112, Santa Fe

$230,000

1 Beds ⋅ 1 Baths ⋅ 202604190 MLS

Welcome home to one of the best-located condos in the community: a first-floor unit right next to all the amenities! No stairs to climb, and the pool, gym, hot tub, and sauna are just steps away. Relax on your private, tree-shaded porch with a fragrant lavender plant, or cozy up by the wood-burning fireplace. The bedroom has been upgraded with extra-thick carpet for added comfort and offers two walk-in closets. Other recent upgrades include fresh exterior paint (2024) and a newly repaved driveway (2025). A washer and dryer are included, so there's no trip to a laundry room. The HOA handles the upkeep, from chimney sweeping to snow removal and landscaping. This gated community has its own gate access to the Arroyo Chamiso and Rail Trail, so you can walk or bike to the Plaza. Pet friendly per HOA rules. The sellers loved living here, and you will too!

2501 W Zia Road 9-112 Unit #9-112, Santa Fe

665 1/2 W San Francisco A Unit #A, Santa Fe

$490,000

1 Beds ⋅ 1 Baths ⋅ 202604208 MLS

A short five-block stroll from the historic Santa Fe Plaza, this enchanting one-bedroom, one-bath adobe casita exudes the distinctive character of old Santa Fe. Ductless A/C and heating provide year-round comfort, while thick adobe walls, nichos, rustic woodwork, and stone and brick floors create a warm, timeless feel. Traditional viga and latilla ceiling details and graceful plastered curves showcase the craftsmanship of historic Santa Fe architecture. A natural gas stove in the living area adds warmth and ambiance. A private backyard extends into fabulous garden spaces, offering a peaceful retreat in the heart of the city. Private off-street parking is an especially welcome feature in this close-in downtown location. Unit A is one of just three residences in an intimate adobe compound, centered around a charming, shared courtyard with a wood-burning kiva fireplace--a welcoming setting that captures the warmth and character of classic Santa Fe living. There are no condo association dues. The three units share only their respective portions of the insurance costs. Authentic and richly detailed, this special casita offers beautifully preserved Santa Fe character, timeless charm, and an exceptional location moments from the heart of the city. Please park in Unit A's designated parking space to the left of the entrance.

665 1/2 W San Francisco A Unit #A, Santa Fe

2501 W Zia Road 7-206 Unit #7-206, Santa Fe

$259,000

2 Beds ⋅ 2 Baths ⋅ 202604061 MLS

Enjoy low-maintenance living in the gated Zia Vista community! This 2-bedroom, 2-bath second-floor end-unit condo is ideally positioned beside green space and close to the community pool and clubhouse. The living room features a cozy fireplace and opens to a private balcony, creating an inviting indoor-outdoor connection. The primary suite offers an en-suite bath, while the second bedroom features a full-glass closet plus a separate walk-in closet for exceptional storage. The kitchen provides a dual sink, generous cabinet space, and convenient access to the laundry area. Washer/dryer included. Recent updates include a brand-new HVAC system installed July 2026, replaced windows, and an upgraded water heater. Residents enjoy gated security, a heated swimming pool, hot tub, clubhouse, activity court, walking trails, and on-site laundry facilities. Conveniently located in the heart of Santa Fe, with easy access to shopping, dining, recreation, and city amenities. A comfortable, updated condo offering convenience, community, and easy Santa Fe living.

2501 W Zia Road 7-206 Unit #7-206, Santa Fe

$374,900

2 Beds ⋅ 1 Baths ⋅ 202604181 MLS

Let this classic Park Plazas townhome become your treed-oasis in Santa Fe. The inviting single-level two-bedroom, one-bath floor plan with attached garage, features high ceilings and a kiva-style fireplace with gas insert that give the living area warmth and architectural presence. The kitchen keeps things refreshingly straightforward with white-painted cabinetry, laminate countertops, and newer appliances. Outdoor spaces feel distinct and defined: an adobe-walled front yard welcomes you past flagstone portals, while the wood-fenced backyard offers room for coffee, container gardens, or dinner beneath the starry sky. With recent roof and window upgrades, tile floors and an updated hallway bath, the home offers comfort, convenience, and peace of mind. The Park Plazas Association manages manicured trails, tree-lined paths, offers RV parking/storage, and loads of privacy. Nearby, Rodeo at Zia bus stop supports travel, and Zia Road Rail Runner Station broadens regional connections. Shopping, entertainment and other conveniences are all a short drive away. See how Southwestern charm and simplicity meet—request your private tour today.

2961 Plaza Blanca, Santa Fe

$235,000

2 Beds ⋅ 2 Baths ⋅ 202604189 MLS

Motivated Seller! Lovely unit to come home to with 2 bedrooms and 1 3/4 bathrooms. It is on the first floor with no interior steps and is so quiet because it faces the west rather than St. Francis on the east. This small building of only 16 units is more detached from the denser complex, lending a peaceful setting yet close to the entrance at Calle Mejia. You will be welcomed by a cool unit in the summer with warmth from the west sun in the winter. The sun filled patio and larger primary bedroom welcome you to the beautiful view of the wooded arroyo and peaceful tree-filled environment. You can enjoy the community pool and spa and work out in the gym. This unit affords its own washer and dryer for your convenience with ample hot water from the new in 2026 large water heater and for showering.

941 Calle Mejia 202 Unit #202, Santa Fe

$475,000

2 Beds ⋅ 2 Baths ⋅ 202604025 MLS

Welcome to this beautifully renovated home in a great location. Renovations include new TPO roof, new modern kitchen, all new energy efficient windows, remodeled master bathroom and more. You'll love the kiva fireplace, brick floors and vigas that add to the charm of this wonderful home. Situated on nice size corner lot with a large backyard, mature trees and grass. Come see this charming move in ready home today.

2067 Placita De Quedo, Santa Fe

$475,000

3 Beds ⋅ 2 Baths ⋅ 202604171 MLS

Tucked within the quiet, gated community of Vista Primera, this charming 3 bedroom, 2 bath home pairs the warmth of traditional Southwestern design with a bright, easy layout. Light pours into the open living area, where soaring ceilings and vigas draw the eye upward and an adobe accent wall frames a cozy fireplace, with hand-carved nichos adding quiet character throughout. Beyond the main living space, a separate living area adapts easily to whatever you need, whether that's a home office, a den, or a media room. At one end of the home, the spacious primary suite feels like a true retreat. A generous walk-in closet leads to an ensuite bath where dual sinks, a deep soaking tub, and a separate walk-in shower invite you to slow down at the end of the day. The second and third bedrooms sit at the opposite end of the house, giving everyone their own space and a natural sense of privacy. Outside, mature trees shade the large corner lot, and the spacious backyard centers on a generous patio where mountain views set the backdrop for morning coffee or evening gatherings. A roomy storage shed keeps tools and gear neatly out of sight. Life in Vista Primera also means secure gated access, scenic walking trails, and a neighborhood park just steps away.

7501 Snow Blossom, Santa Fe

1405 Vegas Verdes 322 Unit #322, Santa Fe

$317,000

1 Beds ⋅ 2 Baths ⋅ 202603985 MLS

Up on the top floor at The Alameda, this 1 bedroom condo feels like your own quiet corner of Santa Fe. Tucked away on the upper level, it offers a private feel with the ease of elevator access. Inside, traditional vigas and a cozy gas kiva fireplace bring classic Santa Fe charm, while mountain views add a beautiful backdrop to everyday life. The layout is simple and easy to live in, perfect for a full-time home, a second home, or a place to land between trips. One of the biggest perks? This unit comes with its own 1 car garage and a separate storage unit. That's a real bonus here, giving you a spot to park out of the weather and plenty of room for bikes, holiday decor, or outdoor gear. The Alameda is gated and secure, with keypad entry into the building and on-site management. Residents enjoy an outdoor pool, a fitness center, a poolside grilling area, and shared community rooms with a kitchen that are great for hosting friends and family. The location makes everyday life easy. You're close to shopping and restaurants along Cerrillos Road, nearby trails for walking and biking, and Meow Wolf just around the corner. Downtown and the Plaza are a short drive away. If you've been looking for low-maintenance living with the extras that matter, this one checks the boxes.

1405 Vegas Verdes 322 Unit #322, Santa Fe

2210 Miguel Chavez Road 111 Unit #111, Santa Fe

$295,000

2 Beds ⋅ 2 Baths ⋅ 202603971 MLS

Welcome to this two-story Dos Santos condo, where lock-and-leave living meets the comfort of a private townhome in one of Santa Fe's most popular gated communities. You'll enter through a gated front patio that's perfect for morning coffee or a quiet evening outside. Inside, a thoughtful 2 bedroom, 2 bathroom layout keeps the living space downstairs and the bedrooms upstairs, giving everyone room to spread out. The second bedroom works just as well as a guest room or home office, and two full baths mean nobody's waiting their turn. The location within the community is a real standout. This unit sits just steps from the heated saltwater pool and hot tub, so summer afternoons by the water are only a short walk away. Dos Santos also offers a fitness center, a clubhouse, shared grilling areas, and a large fenced dog park, all behind a gated entry for added peace of mind. Living at Dos Santos means having the everyday conveniences of Santa Fe close at hand. Grocery stores, shopping, and Christus St. Vincent are just minutes away, and the Rail Trail is right nearby for walking, biking, or commuting. Downtown and the Plaza are a quick drive, and the road to both Albuquerque and Los Alamos are easy to reach. HOA dues cover water, sewer, trash, and exterior maintenance keeping monthly bills simple. Whether it's a first home, a second home, or a chance to downsize, this condo makes Santa Fe living easy.

2210 Miguel Chavez Road 111 Unit #111, Santa Fe

3300 Rufina Street J34 Unit #J34, Santa Fe

$315,000

3 Beds ⋅ 2 Baths ⋅ 202604156 MLS

Welcome to this charming Pueblo-style condo, ideally situated within a gated Santa Fe community. Located on the second floor and beside an undeveloped lot, this home enjoys a quieter, more private setting with a peaceful sense of space. A personal front deck creates a wonderful outdoor retreat, perfect for grilling, dining with guests, relaxing in the sunshine, or simply enjoying the fresh air. A designated parking space is conveniently located directly in front of the unit for added everyday convenience. Inside, the open floor plan welcomes you directly into the bright living room and kitchen. Brand-new carpet throughout adds a fresh, comfortable feel, while generous natural light enhances the inviting main living area. Central air conditioning and heating provide year-round comfort. The kitchen features warm honey-colored cabinetry, white appliances including a gas range/oven, and a convenient peninsula counter that provides additional prep space. The layout flows easily between the kitchen and living room, making it ideal for everyday living and entertaining. Down the hallway are two nicely sized guest bedrooms, each with closet organizers, along with a guest bathroom featuring tile flooring, a single-sink vanity, and a shower/tub combination. A centrally located washer/dryer combo and a convenient hallway linen closet add practical storage and functionality. The comfortable primary suite offers a relaxing retreat, complete with its own bathroom featuring tile flooring, a single-sink vanity, shower/tub combination, and an additional linen closet. Conveniently located near shopping, restaurants, entertainment, and more, this sweet condo offers the easy, low-maintenance lifestyle you’ve been looking for. Don’t miss the opportunity to make this private, inviting Santa Fe retreat your own—schedule your showing today.

3300 Rufina Street J34 Unit #J34, Santa Fe

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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 Keller Williams 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, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the SANTA FE ASSOCIATION OF REALTORS®.