54 Rons Road Santa Fe, NM 87508
MULTI_FAMILY - Other - Santa Fe, NM
- Added:
- May 9, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 10 at 7:06 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
- Radiant, Propane (Heating)
- Water source
- Private, Well
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.
Investment Insights
Based on property information with market context.
An equestrian center on site is anchored by an indoor riding arena for year-round riding, training, and use regardless of season or weather. The horse facilities are described as operating with separate access from the residences, allowing the equestrian area to function independently. Public remarks also indicate the horse facilities have generated steady income through multipurpose use.
Situated on 9.36 acres in a Rural Residential zoning setting, the property is listed for sale in Santa Fe, New Mexico at 54 Rons Road.
Key Highlights
- Cielo Encantado compound with 3 residences: main house, guest house, and casita
- Adobe, frame, and stucco construction; flat roof; year built 1981
- Heating includes radiant heat and propane heating
Local Financial Insights For Multifamily LT 5
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 | $132.6k | $22.20 |
| − Vacancy | −$6.0k | −$1.00 |
| EGI | $126.7k | $21.20 |
| − OpEx | −$38.0k | −$6.36 |
| NOI | $88.7k | $14.84 |
