# 196 Circle Drive, Santa Fe, NM 87501

> **TL;DR:** 10bd/11ba single family, $12,750,000 ($1044/sqft), built 1930, 12,208 sqft.
> Fireplace, A/C. Est. $55,250/mo. Listed 38 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $12,750,000 |
| Price/sqft | $1044 |
| Bedrooms | 10 |
| Bathrooms | 3 full, 4 half |
| Square Feet | 12,208 |
| Year Built | 1930 |
| Lot Size | 492,228 sqft (11.30 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 38 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $55,250 |
| **Total** | **$55,250** |

## Nearby Schools

- **Elementary:** Carlos Gilbert
- **Middle:** Milagro
- **High:** Santa Fe

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1930
- 11.30 acre lot
- 2 stories
- 6 parking spaces
- Fireplace

## Description

### Agent Description
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.

## Location

- **Address:** 196 Circle Drive, Santa Fe, NM 87501
- **County:** Santa Fe
- **Coordinates:** 35.7214655, -105.9194575
- **Google Maps:** https://www.google.com/maps?q=35.7214655,-105.9194575

## Listing Agent

- **Name:** Stephanie Duran
- **Brokerage:** Barker Realty, LLC
- **Phone:** 5052042491
- **Email:** sduran@santaferealestate.com

## Primary Photo

![196 Circle Drive - Primary Photo](http://lh.rdcpix.com/f8b115678ac35d95899e1182689ab4f3l-f3401017021r.jpg)

*52 total photos available on [listing page](https://www.propertysimple.com/listing/196-circle-drive-santa-fe-nm-87501-02600528)*

---

**MLS#:** 202600528 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/196-circle-drive-santa-fe-nm-87501-02600528)

---

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