Barker Realty, LLC

196 Circle Drive, Santa Fe, NM

$15,000,000

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10

Beds

11

Baths

12,208

Square feet

11.30

Acres

About 196 Circle Drive

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.

Features of 196 Circle Drive

MLS® # 202501197
Price $15,000,000
Bedrooms 10
Bathrooms 11.00
Full Baths 3
Half Baths 4
Total Square Footage 12,208
Main Square Footage 8,306
Acres 11.30
Year Built 1930
Type Residential
Sub-Type Single Family Residence
Style Pueblo
Status Active

Community Information

Address 196 Circle Drive
Area 1-SF City Limits NE
City Santa Fe
County Santa Fe
State NM
Zip Code 87501

Amenities

Amenities Gated, Pool, RV Parking, Spa/Hot Tub, Storage, Tennis Court(s), Trail(s)
Utilities Electricity Available, High Speed Internet Available
Features Drip Irrigation/Bubblers
Parking Spaces 6
Parking Detached, Garage
# of Garages 6
Is Waterfront No
Has Pool Yes
Pool Association, Fenced, Filtered, Gas Heat, Gunite, Heated, In Ground, Other, Outdoor Pool, Pool, See Remarks

Interior

Interior Brick, Stone, Vinyl, Wood
Interior Features Beamed Ceilings, Interior Steps, Wine Cellar
Appliances Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer, Water Heater, Water Purifier, Water Softener
Heating Fireplace(s), Forced Air, Natural Gas, Radiant Floor
Cooling Central Air, Refrigerated, Separate Meters
Fireplace Yes
# of Fireplaces 20
Fireplaces Kiva, Wood Burning
Stories Two
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Adobe, Frame, Stucco
Lot Description Drip Irrigation/Bubblers
Windows Insulated Windows
Roof Flat, Foam
Construction Adobe, Frame, Stucco
Foundation Basement

School Information

Elementary Carlos Gilbert
Middle Milagro
High Santa Fe

Additional Information

Date Listed April 1st, 2025
Days on Market 42
Short Sale No
RE / Bank Owned No

Listing Details

AgentStephanie Duran
OfficeBarker Realty, LLC

Listing Map

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