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Off market
  • $1,883,500

    1858 Palacio Ln, Santa Fe, NM 87505

    3beds
    3,892sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $1,883,500 Zestimate®
    $484/sqft
    $6,215 Estimated rent

    Home value

    $1,883,500

    $1.71M - $2.09M

    $6,215/mo

    Zestimate® history
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    $8,748/mo

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    What's special

    Welcome to Palacio Encantado The Enchanted Palace a refined and luxurious estate on Santa Fe's prestigious Museum Hill. Just minutes from the city's world-renowned museums and a quick drive to the historic Plaza, this exceptional 4,000 sq. ft. residence is a showcase of elevated Southwestern living, ideal for discerning guests seeking style, serenity, and seamless indoor-outdoor entertaining. Set on an expansive acre and a half with sweeping views from nearly every room, Palacio Encantado is thoughtfully designed for both refined gatherings and private retreat. At its core is a show-stopping chef's kitchen, fully outfitted with top-tier appliances including a gas range, three ovens, two refrigerators, and an oversized island perfect for casual dining or catering prep. The adjoining wet bar, complete with wine and beverage fridges and elegant glassware, makes hosting effortless. The open-concept layout flows directly into a spacious living and dining area, with sliding glass doors opening to a spectacular central courtyard. This enchanting outdoor haven features over 1,000 sq. ft. of flagstone patio, a built-in gas grill and prep station, al fresco dining for 14+, lounge seating, a gas fireplace, bistro lighting, and outdoor speakers all framed by the beauty of Santa Fe's high desert skies. Whether hosting sunset cocktails or a chef-curated dinner under the stars, Palacio Encantado sets the stage for unforgettable moments. Inside, the home offers three luxurious bedrooms, each with an en-suite bathroom. The primary suite features a king bed, private patio, gas fireplace, spa-like bath with a three-head shower, and an oversized soaking tub. The two guest bedrooms each feature queen beds, curated linens, fine toiletries, and inspiring views. For work or creative pursuits, the home includes two private office spaces, as well as a media room with Apple TV and satellite for relaxation. Designed with comfort in mind, the home is equipped with radiant heat, central air conditioning, and a geothermal system for instant hot water. The Bluetooth-enabled surround sound system and strong Wi-Fi enhance both leisure and productivity. Perfect for extended stays and families traveling with dogs, Palacio Encantado offers two dog doors, an acre of fully fenced outdoor space secured by a coyote fence, and interior gates for flexible living. From sunrise on the private patio to candlelit dinners in the courtyard, every detail at Palacio Encantado reflects the essence of luxury, warmth, and effortless Santa Fe living. Available for FURNISHED extended stays and long term leases- Monthly pricing varies by season, ranging from $15,000- $18,000. Please contact us to confirm availability and exact rates for your desired dates. 6-month lease: $14,000/month 12-month lease: $12,000/month This property is dog friendly only.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 8 hours ago

    Listing updated: February 15, 2026 at 04:53pm

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • View
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,892 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Courtyard, Heating system: Forced Air, Outdoor speakers for entertaining under Santa Fe's skies, TV Lounge, Two dog doors Fully fenced acre with coyote fencing, View Type: 1.5-acre property with sweeping views
    Details
    • Parcel number: 910016979

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Santa Fe

    HOA & financial

    Other fees
    • Deposit fee: $12,000
    • Application fee: $38

    Other

    Other facts
    • Available date: 02/15/2026

    Price history

    DateEventPrice
    2/21/2026Listing removed$12,000$3/sqft
    Source: Zillow Rentals Report a problem
    8/19/2025Listed for rent$12,000$3/sqft
    Source: Zillow Rentals Report a problem
    4/25/2025Listing removed$2,595,000$667/sqft
    Source: SFARMLS #202501477 Report a problem
    4/9/2025Listed for sale$2,595,000+116.3%$667/sqft
    Source: SFARMLS #202501477 Report a problem
    8/9/2016Sold--
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,819 0%$894,850 +3%
    2023$6,819 +2.3%$868,787 +3%
    2022$6,668 +1.6%$843,483 +3%

    Find assessor info on the county website

    Neighborhood: 87505

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,883,500
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    Estimated market value
    $1,883,500