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196 Circle Drive

Santa Fe, NM 87501
  • $15,000,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 202501197
UPDATED: 51 min ago
$15,000,000
  • 10
    BEDS
  • 11.3
    ACRES
  • 7
    BATHS
  • 4
    1/2 BATHS
  • 12,208
    SQFT
  • $1,229
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1930
County:

School Information

Elementary School:
Middle School:
High School:

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.

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Santa Fe Association of Realtors logo © 2025 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Lisa Harris | Coldwell Banker Mountain Properties are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively 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. Data last updated 2025-05-12T09:51:31.643.
www.lisaharris-realestate.com/homes/162090294
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196 Circle Drive Santa Fe, NM 87501

  • Price: $15,000,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 51 min ago
  • MLS #: 202501197
10
Beds
7
Baths
4
½ Baths
11.3
Acres
12,208
SQFT
$1,229
$/SQFT
1930
Built
Neighborhood:
1-Sf City Limits Ne
County:
Santa Fe
Area:
1-Sf City Limits Ne
Elementary School:
Carlos Gilbert
Middle School:
Milagro
High School:
Santa Fe
Property 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.
Exterior Features

Architectural Style Pueblo Attached Garage YN No Construction Materials Adobe Frame Stucco Garage YN Yes Levels Two Lot Features Drip Irrigation / Bubblers Other Structures Guest House Detached Outbuilding Storage Parking Features Detached Garage Parking Total 6 Roof Flat Foam Waterfront YN No

Interior Features

Appliances Dryer Dishwasher Gas Cooktop Disposal Gas Water Heater Microwave Oven Range Refrigerator Water Softener Water Heater Water Purifier Washer Tankless Water Heater Basement Crawl Space Basement YN Yes Cooling Central Air Refrigerated Separate Meters Cooling YN Yes Fireplace Features Kiva Wood Burning Fireplace YN Yes Fireplaces Total 20 Flooring Brick Stone Vinyl Wood Foundation Details Basement Heating Forced Air Fireplace(s) Natural Gas Radiant Floor Heating YN Yes Interior Features Beamed Ceilings Interior Steps Wine Cellar Living Area 8306 Window Features Insulated Windows

Property Features

Accessibility Features Not ADA Compliant Association Amenities Gated Pool RV Parking Spa / Hot Tub Storage Tennis Court(s) Trail(s) Disclosures Lead Based Paint Disclosure Green Energy Efficient Water Heater Green Water Conservation Low- Flow Fixtures Rain Water Collection Horse YN Yes Land Lease YN No Lease Considered YN No Listing Terms Cash Conventional1031 Exchange New Loan Other Equipment Irrigation Equipment Pool Features Fenced Filtered Gunite Gas Heat Heated In Ground Outdoor Pool Other Pool See Remarks Association Property Attached YN No Property Sub Type Single Family Residence Property Sub Type Additional Detached Single Family Residence Sale Or Lease Indicator For Sale Security Features Security System Fire Alarm Security Gate Heat Detector Smoke Detector(s) Sewer Public Sewer Septic Tank Utilities High Speed Internet Available Electricity Available Water Source Cistern Public Private Well

Santa Fe Association of Realtors logo Listing provided courtesy of Stephanie Duran of Barker Realty, LLC: (505) 982-9836. © 2025 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2025 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Lisa Harris | Coldwell Banker Mountain Properties are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively 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. Data last updated 2025-05-12T09:51:31.643.
 
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