Property
$15,000,00011.3 Acres
For Sale
For Sale
$15,000,00011.3 Acres
For Sale

196 Circle Drive, Santa Fe, NM 87501 - Santa Fe County

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Property ID 24159271

A Historic Estate

Experience the rare opportunity to own a meticulously restored piece of Santa Fes 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 estates 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 homes 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 Fes 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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Barker Realty, LLC

License #38495

Santa Fe, NM

(505) 636-3049

About Stephanie Duran Frost

A self-driven individual, Stephanie is renowned for delivering exceptional service and tangible results. Collaborating with her is an exhilarating experience, characterized by honesty, humor, and momentum. In her 23 years of experience, she has honed her skills in negotiations and adeptly navigates multiple bidding situations when working with buyers. As a representative for sellers, Stephanie is known for her creative marketing strategies, effective communication, and market-savvy pricing.

About Barker Realty, LLC

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Listing provided by
Stephanie Duran Frost
Barker Realty, LLC(505) 636-3049
Source: MLS# 202501197
Listing last updated: July 24, 2025 at 3:02 PM
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Stephanie Duran Frost

Stephanie Duran Frost

Barker Realty, LLC