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Eldorado The Eldorado Subdivision was created in the early 1970s as a solar community, with homes incorporating active and/or passive solar heating design, primarily on 1 to 2 acre lots. Since about 1990, natural gas, in-floor, hot water radiant heat has become the predominate heating source, although most newer homes also enjoy a sunny, southern orientation.

Water is provided by the public Eldorado Area Water and Sanitation District or by private or shared wells. Homes are served by septic systems. All utilities are underground. Today, most of Eldorado’s 2,780 home sites have been developed, with few remaining sites available for construction. Homes sell from the high $200,000s to the $600,000s, with an average price of about $400,000.

With acreage, mountain views and subdivision covenants, Eldorado is unique in the Santa Fe real estate market in this price range. Property owners in Eldorado enjoy a community center with swimming pool, tennis courts, soccer fields, hiking trails, horse stables and a 4,000 acre wilderness area for hiking and horseback riding.