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Land with Home for Sale in Santa Fe, New Mexico

196 Circle Dr, Santa Fe, NM 87501

$12,750,000
11.3 acres
Active
ago
Est $67,635/mo

There are estates - and then there are legacies. Originally commissioned in 1931 by Governor John Dempsey, Casa Alegre stands as one of Santa Fe's most storied residential compounds. Just minutes from the Plaza yet unfolding across 11 private acres, the property represents a rare intersection of political history, architectural integrity, and enduring Southwest elegance. The six-bedroom adobe main residence remains grounded in its original character - thick adobe walls, hand-finished details, and fireplaces that anchor gathering spaces with warmth and permanence. A meticulous four-and-a-half-year restoration in the early 2000s revitalized the estate with extraordinary care, enlisting master artisans to preserve its authenticity while discreetly integrating modern systems and comfort. The result is not renovation, but stewardship. Three independent guest houses create a true compound - allowing the estate to function as both intimate family retreat and gracious host to distinguished guests. Beyond the residences, the grounds unfold as a private sanctuary: mature trees, curated gardens, orchard, stone walking paths, a tennis court, and a heated pool - each element placed with intention. The scale is rare. The privacy is complete. The proximity to Santa Fe's cultural center is immediate. Over the decades, Casa Alegre has quietly passed through the hands of notable stewards, each contributing to its preservation. Today, it stands as one of the Southwest's most significant legacy offerings. Private. Historic. Irreplaceable.

12,208
Sq feet
10
Beds
3
Full baths
4
3/4 baths
4
1/2 baths
1930
Built

Location

Street address
196 Circle Dr
Elevation
7,442 feet
Coordinates
35.7215, -105.9195

Directions

North on Bishop's Lodge Rd, turn left on Circle Drive, house is on the left.

Property details

Acreage
11.3 acres
MLS #
SFAR 202600528
Posted

Parcels

  • 010637184

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Independent

Lot

Features
Drip Irrigation Bubblers

Exterior

Parking Spaces
6
Parking
Garage
Structures
Outbuilding

Structure

Style
Pueblo
Stories
2
Water
Private, Public, Well
Sewer
Public Sewer, Septic Tank
Heating
Fireplace(s), Forced Air, Natural Gas, Radiant, Radiant Floor
Cooling
Central Air, Separate Meters
Materials
Adobe, Frame, Stucco
Roof
Flat, Foam

Interior

Rooms
Basement, Bathroom x 11, Bedroom x 10
Flooring
Brick, Stone, Vinyl, Wood
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer, Water Heater, Water Purifier, Water Softener
Security
Security
Features
Beamed Ceilings, Interior Steps, Wine Cellar

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameType
Carlos GilbertElementary
MilagroMiddle
Santa FeHigh

Listing history

DateEventPriceChangeSource
Mar 3, 2026New listing$12,750,000SFAR
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This 11.3-acre property is located at 196 Circle Dr in Santa Fe, NM 87501. The property is available for sale for $12,750,000. It has a 12,208 sq ft 10 bedroom, 3 bath house built in 1930.

Checked 2 hours ago — Updated

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