54 Rons Road, Santa Fe, NM 87508
MULTI_FAMILY - Other - Santa Fe, NM
- Added:
- May 9, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 54 Rons Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Rural Residential
- Parking features
- Garage
- Interior features
- InteriorSteps
- Standard status
- Active
- APN
- 078001014
- Size
- 5,975 SF
- Lot size
- 9.36 Acres
Taxes and HOA fees
- Tax Description
- LOT 7, NE4-NE4-SE4 S26 T15N R8E
Utilities
- Sewer type
- Septic Tank
- Heating system
- Propane (Heating), Radiant
- Water source
- Well, Private
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Adobe, Frame, Stucco
- Roof type
- Flat
- Architectural style
- Other
Listing agent Joan M. DiGiovanna License #49852 (505) 907-6387
Listing office Keller Williams Realty 130 Lincoln Ave, Ste. K, Santa Fe, NM (505) 983-5151
Listing date May 9, 2026
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Cielo Encantado compound with 3 residences: main house, guest house, and casita
- Adobe, frame, and stucco construction; flat roof; year built 1981
- Radiant heating with propane heat
- Private well and septic tank system serving the residences and outdoor features
- Heated pool on the property
- Equestrian center with an indoor riding arena; horse facilities have separate access from the residences
Overview
The property sits on 9.36 acres at 54 Rons Road in Santa Fe, NM 87508. The horse facilities are described as having separate access, allowing the equestrian component to operate independently from the residences.
The layout supports multiple ownership or use scenarios, including a family compound or a flexible model where one or more residences can be rented when not in personal use. For equestrian operators, the indoor arena and dedicated horse facilities provide a practical structure for training and care year-round. The property is also presented as suitable for non-equestrian retreats or artist-workspace concepts, with room described for creating, storing, and managing larger-scale installation pieces.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.6k | $26.04 |
| − Vacancy | −$6.5k | −$1.09 |
| EGI | $149.1k | $24.95 |
| − OpEx | −$67.1k | −$11.23 |
| NOI | $82.0k | $13.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -106.0548588
- Latitude
- 35.5000922
