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Off market
  • $736,500

    5 Palacio Rd, Santa Fe, NM 87508

    3beds
    2,421sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $736,500 Zestimate®
    $304/sqft
    $3,050 Estimated rent

    Home value

    $736,500

    $692,000 - $781,000

    $3,050/mo

    Zestimate® history
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    What's special

    Custom Santa Fe Retreat: Your Ideal Sanctuary with Hot Tub and plenty of outdoor living Just 15 minutes from the historic Plaza in downtown Santa Fe, this stunning home offers the perfect blend of privacy and convenience. Set on 1.5 acres, the property features multiple outdoor living spaces, including inviting decks, patios, and a hot tub ideal for soaking in the beauty of the surrounding landscape. With expansive views of the mountains and hills, this retreat feels worlds away while still being close to everything you need. Property Overview This beautiful Santa Fe-style home is available for a full-year lease from April 1, 2025, to April 1, 2026. The home will be rented furnished, and we are seeking tenants who will appreciate its artistic charm and take great care of the property. Please note: we are only considering renters for the full year, so inquiries about shorter stays will not be entertained. We are not interested in selling or managing short-term rentals, and we may consider working with a business rental listing company at a rate of $4,500/month, including utilities. Home Features Three Bedrooms & Two Full Bathrooms: The home includes a spacious master suite and two additional bedrooms (one currently set up as an office but easily converted to a bedroom). There is also a bonus room (400 sq. ft.) with a Murphy bed for guests. Upgraded Interiors: Renovated throughout, the home features bamboo hardwood floors, radiant floor heating in most areas, and a cozy gas kiva fireplace. The main living room boasts 12 foot high ceilings with beautiful cedar beans. Artistic touches throughout the home with "nichos" in the walls, custom tile work and over 500 square feet of covered "portal" seating areas outside. The kitchen has been beautifully remodeled with granite countertops, a custom tile backsplash, a new stainless steel range hood, and a new refrigerator. Bathrooms are also upgraded with granite and tile finishes. There is a huge 400 square foot family room perfect for relaxing, watching TV, working out, doing art, etc. Outdoor Living: The home boasts plenty of outdoor space, including multiple decks and patios, perfect for relaxation or entertaining. Enjoy spectacular sunset views over the mountains. A hot tub under the portal with views of the surrounding hills adds to the serene experience. This is a nature lovers retreat! The community boast miles of walking and hiking trails and world class mountain biking areas are just a few miles away in the Galisteo Preserve. Ideal for Remote Work: This home is perfect for those working remotely, offering plenty of space and a peaceful atmosphere for focus and creativity. If you have family in the area, or simply have been wanting to explore living in Santa Fe, this is the perfect home-retreat! Community & Location Located just under a mile from the Eldorado shopping area, including a grocery store, gas station, restaurants, and the Santa Fe Brewery. Hiking and biking trails are easily accessible within the community, and the Galisteo Basin Preserve, known for its excellent mountain biking and hiking, is just 10 minutes away. Additional Details Rent: $3,800/month (below market value for a furnished rental) Utilities are the responsibility of the renter. The owner pays $70/month for HOA fees, which include access to community amenities such as hiking and biking trails, tennis and pickleball courts, and a seasonal outdoor swimming pool (open Memorial Day to Labor Day). Rental Terms No smoking of any kind. No drugs. No pets, though a small dog may be considered with an additional pet fee and security deposit. Serious Inquiries Only This home is available only for the dates specified (April 1, 2025 - April 1, 2026). If you're looking for a serene, fully-furnished home in Santa Fe for the full year, and you're ready to take excellent care of a unique property, we would love to hear from you. Please contact me for an initial conversation to see if we are a good fit. Renters pay for all utilities including gas, water, electric, internet and garbage

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 10 hours ago

    Listing updated: December 31, 2024 at 05:15am

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • Wall Unit
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,421 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Wall
    • Has spa: Yes
    • Spa features: Hottub Spa
    Details
    • Parcel number: 128311976

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Santa Fe

    HOA & financial

    Other fees
    • Deposit fee: $3,700

    Other

    Other facts
    • Available date: 03/28/2025

    Price history

    DateEventPrice
    12/31/2024Listing removed$3,700$2/sqft
    Source: Zillow Rentals
    12/26/2024Listed for rent$3,700-2.6%$2/sqft
    Source: Zillow Rentals
    11/27/2024Listing removed$3,800$2/sqft
    Source: Zillow Rentals
    11/14/2024Price change$3,800-3.8%$2/sqft
    Source: Zillow Rentals
    10/20/2024Listed for rent$3,950$2/sqft
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2024$5,391 -0.1%$640,248 +3%
    2023$5,395 +1.3%$621,600 -1.7%
    2022$5,328 +60.9%$632,461 +63.7%

    Find assessor info on the county website

    Neighborhood: 87508

    Nearby schools

    GreatSchools rating
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    $736,500
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    With Zillow Showcase(estimated)
    $751,230