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After Award-Winning Restoration, Historic Adobe in Santa Fe, NM, Asking for $14M

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A Santa Fe, NM, home steeped in history has undergone an award-winning renovation.

Parts of the eye-catching adobe structure, known as the De la Pena/Frank Applegate Residence, date to 1650.

The current owners bought the property in 2018 and just finished a massive overhaul. At $14 million, the listing is one of Santa Fe’s most expensive homes.

“This property won the 2022 historical preservation award for the finest renovation of a historical property from the Santa Fe historic board,” says listing agent Kendra Henington, with Berkshire Hathaway HomeServices.

“The only things that have not been taken to another level are the 3-feet-thick adobe walls in many places,” she says.


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Ceiling with beams

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Living space

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Aerial view

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Marshall Elias

The sellers spent millions replacing almost everything below ground, including the sewer and water lines and most of the mechanicals, and updating everything inside.

“There is a huge amount of technology. We have almost 40 miles of wire in this house,” Henington says. “You can be across the world and turn your lights on or off or your air conditioner up or down. It is a very smart home in a very ancient structure. It’s very unique to have everything brand-new in such a historic property.”

Historic photo


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“You have to go in front of historic design review boards for anything you want to change about this property,” Henington continues. “You had to have an archaeologist on site when anything was dug because of the history of this area.”


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Wine cellar

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Tennis court

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Adobe abode

In addition to the 9,300-square-foot main residence, there’s a 900-square-foot casita on the 1.74-acre parcel, which includes gardens and courtyards.

The main house is two stories with five bedrooms and seven bathrooms. Luxe amenities include a wine cellar, two garages, and a clay tennis court.


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Dining room

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Museum-quality mansion

Many of the furnishings come from a private collection and are historically accurate. They’re also available for purchase.

The sellers did bring in some new materials, like imported European marble, to complement the old.

“It’s a lovely mix of the new materials that went into this ancient home,” Henington says. “It’s probably one of the oldest homes still standing and is basically a brand-new home except for the 3-feet-thick adobe.”

Front gates

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The compound is named for its past owners.

“In the early 1880s, a Spanish conquistador named Francisco de la Pena purchased the property and built it up over the years,” Henington explains. “It was purchased later by Frank Applegate, who was the leader of the folk art movement and also a pioneer in laying down the criteria and the regulations for Santa Fe to remain historic.”

Henington says people sometimes mistake this home for a museum. In fact, the place would be perfect for an art lover or collector.

“This home is off Canyon Road, and that’s pretty much where every buyer in Santa Fe wants to be. It is walking distance to the finest restaurants and the finest art galleries,” she says. “I really feel like it’s going to be an art collector of some kind. The walls are perfect for hanging art and [the home] is a piece of art itself.”


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The post After Award-Winning Restoration, Historic Adobe in Santa Fe, NM, Asking for $14M appeared first on Real Estate News & Insights |®.

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