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196 Circle Drive, Santa Fe, NM 87501
196 Circle Drive, Santa Fe, NM 87501
  • $15,000,000
  • 10
  • Bedrooms
  • 11
  • Bathrooms
  • 6.0
  • Garage
  • 12208
  • 11.3
  • Lot Size Acres
  • 1930
  • Year Built

Description

Experience the rare opportunity to own a meticulously restored piece of Santa Fe’s history. Just minutes from the Plaza, Casa Alegre, originally built in 1931 by Governor John Dempsey, stands as a timeless adobe estate that seamlessly blends historic charm with modern sophistication. Set on 11 breathtaking acres, this exceptional property features a stately six-bedroom main residence, exquisitely renovated to preserve its architectural integrity while incorporating the finest contemporary comforts. Three private guest houses provide additional generous accommodations, making this an ideal retreat for family, friends and distinguished guests. The estate’s resort-like grounds are a true sanctuary, featuring a heated outdoor pool, a private tennis court and stone-lined walking trails that wind through the lush landscape. The grounds include an abundance of trees, along with a bountiful organic garden and orchard. An aggregate of 20 fireplaces are experienced throughout the estate. Steeped in history, Casa Alegre has been home to a succession of distinguished owners following Governor Dempsey, including an heir to the Weyerhaeuser timber fortune and a member of the Martini & Rossi family. Following a period of limited enhancement, Robert and Miriam Knutson, founders of Education Management Corporation, embarked on a four and a half-year, $18 million restoration of the compound in 2004, enlisting master artisans, architects, and craftsmen to revive the estate to perfection. Their meticulous efforts ranged from restoring infrastructure, building intricate rock walls, to curating 64 distinct window styles that honor the home’s original character. Lovingly maintained by its current owners, Casa Alegre has served as the backdrop or cherished family gatherings and elegant philanthropic events. A rare jewel in Santa Fe’s real estate landscape, this extraordinary estate offers an unrivaled opportunity to own a piece of history, beautifully reimagined for modern luxury living.

Listing Agent

Stephanie Duran - Barker Realty, LLC

Details

Updated on April 1, 2025 at 12:53 pm
  • Sq ft: 12208
  • Lot size: 11.3 Acres
  • Property Status: Active
  • Date listed: 2025-04-01
  • Days on Market:
  • Year Built: 1930
  • MLS # 202501197
  • Bedrooms: 10
  • Bathrooms: 11
  • Full:3
  • Three Quarters:4
  • Half:4
  • Garage: 6.0

Financial Details

  • Price: $15,000,000
  • $/sq ft
  • Listing Terms: Cash, Conventional,1031 Exchange, New Loan

Additional details

  • Roof: Flat, Foam
  • Utilities: High Speed Internet Available, Electricity Available
  • Sewer: Public Sewer, Septic Tank
  • Cooling: Central Air, Refrigerated, Separate Meters
  • Heating: Forced Air, Fireplace(s), Natural Gas, Radiant Floor
  • Flooring: Brick, Stone, Vinyl, Wood
  • Pool: Fenced, Filtered, Gunite, Gas Heat, Heated, In Ground, Outdoor Pool, Other, Pool, See Remarks, Association
  • Parking: Detached, Garage
  • Elementary School: Carlos Gilbert
  • Middle School: Milagro
  • High School: Santa Fe
  • Architectural Style: Pueblo

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  • Address 196 Circle Drive
  • City Santa Fe
  • State/county NM
  • Zip/Postal Code 87501

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THE DATA RELATING TO REAL ESTATE FOR SALE IN THIS WEBSITE COMES IN PART FROM THE INTERNET DATA EXCHANGE ("IDX") PROGRAM OF SANTA FE ASSOCIATION OF REALTORS®, INC. FROM A COPYRIGHTED COMPILATION OF LISTINGS. ALL DATA IN THIS WEBSITE IS DEEMED RELIABLE BUT IS NOT GUARANTEED ACCURATE, AND SHOULD BE INDEPENDENTLY VERIFIED. THE INFORMATION PROVIDED IS 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. ALL PROPERTIES ARE SUBJECT TO PRIOR SALE OR WITHDRAWAL. ALL RIGHTS RESERVED.

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