12 La Vega

Galisteo, NM
$ 1,495,000 Beds 4 Baths 4 Sq 2,652 Virtual Tour
Monthly Estimate* How much can I afford?

Something Old. Something New. Rare Commercial Opportunity. An exceptional and singular compound in the heart of historic Galisteo, this remarkable property weaves together centuries of heritage with thoughtful modern design. Dating to the 1800s, the 3-bedroom, 2-bath double-adobe Main House once housed the beloved La Mancha Restaurant (1959–1971), where the Ortiz family’s New Mexican cuisine earned widespread acclaim. Tastefully renovated in 2012, the Main House features new brick floors, interior plaster walls, updated kitchen and baths, added skylights, while honoring the home’s original character, authenticity, and soul. Complementing the historic residence is a striking studio/gallery building originally designed by award-winning architect Beverly Spears and constructed in 1995 using Rastra construction for gallerist Linda Durham. A comprehensive 2006 remodel transformed the space into an extraordinary studio, gallery, and entertaining venue, featuring soaring 12-foot ceilings, exceptional lighting, integrated sound throughout, a home theater with cork flooring, surround sound and retractable screen, a ¾ bath, and a chef’s kitchen equipped with Wolf, Sub-Zero, Miele, and Fisher & Paykel appliances, Bob Pepper custom cabinetry, amethyst stone countertops and a generous pantry. The inviting Guest House, built in 2006, offers a warm and comfortable retreat with a living room, bedroom with fireplace, kitchen, and bath, ideal for visitors or extended stays. Commercially zoned and among the few such properties in Galisteo, this compound presents rare possibilities for a boutique B&B, restaurant, gallery, or creative retreat. Enclosed by historic adobe and stone walls and graced with fruit trees, this truly special offering invites vision, imagination, and opportunity in one of New Mexico’s most cherished villages.

Active

  • Price
  • $ 1,495,000
  • City
  • Galisteo
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • Santa Fe
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.8 Acres
  • Zip
  • 87540
  • Sqr Footage
  • 2,652
  • Year Built
  • 1787
  • Taxes
  • $ 8596
  • Style
  • MLS#
  • 202600117
Listed By: Beth Caldarello with The Agency Santa Fe.
Data Source: Santa Fe AOR (SFAR)

Features

General

Sewer Septic Tank
Heating Baseboard,Ductless,Electric,Fireplace(s),Propane,Other,Radiant Floor,See Remarks,Wall Furnace
Cooling Ductless,Refrigerated,Wall/Window Unit(s)
Utilities High Speed Internet Available,Electricity Available
Possession Closing & Funding
Roof Bitumen,Built-Up,Flat,Foam,Tar/Gravel
Appliances Dryer,Dishwasher,Gas Cooktop,Oven,Range,Refrigerator,Water Heater,Washer
Architectural Style Pueblo,Territorial
Security Features Security System,Security Gate
Construction Materials Adobe,Frame,Stucco
Year Built 1787
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Not ADA Compliant
County Santa Fe
Property Type Residential
Association Amenities Clubhouse,Recreation Facilities
HOA false
Garage Y/N false
Other Structures Guest House Detached,Studio Detached
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions 285 S to SR 41 to Galisteo. Left at Church, Via la Puente to first left at bridge- La Vega. Property on left at gated entry
High School Santa Fe
City Galisteo
Disclosures Lead Based Paint Disclosure
Zoning Description Traditional Community Galisteo Community Overlay
Lot Size Units Acres
Lot Size Square Feet 35065.8
Listing Terms Cash,Conventional,1031 Exchange,New Loan
Elementary School El Dorado Com School
Property Attached Y/N false
Year Built Details Casita Built 2006
Land Lease Y/N false
Tax Annual Amount 8596.59
Middle/Junior High School El Dorado Com School
Property Condition Unknown
MLS Area Minor 10-Hwy 285
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Property Sub Type Additional Detached,Single Family Residence
Taxes 11060.79

Interior Features

Interior Amenities No Interior Steps
Flooring Brick,Concrete,Tile,Wood
Total Fireplaces 4
Fireplace Features Kiva,Wood Burning
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows
Fireplace Y/N true
3/4 Baths 2
Total Bedrooms 4
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Parking Features None
Water Source Private,Well
Total Parking 10
Lot Size Area 0.8
Building Area Total 5245
Lot Size Acres 0.8
Lot Size Source Public Records
Other Equipment Fuel Tank(s)
Horse Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School El Dorado Com School Elementary School
Middle School El Dorado Com School Middle School
High School Santa Fe High School

Price History

1/14/2026 Listed $1,595,000
6/30/2026 6% - $1,495,000

Property vs Zip Code Average in 87540

Price
AVG $1.23M
$1.5M
Taxes
AVG $5,452
$8,596
Year Built
AVG 1985
1787

12 La Vega Galisteo, NM is a Single Family Home for sale at $1495000 with 2652 sqft and a lot size of 0.8 Acres Acre(s). 12 La Vega Galisteo has 4 bedrooms, 4 baths and was built in 1787. The property's zip code is 87540 which is in Galisteo, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.