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For sale
    • Price cut: $80K (10/9)
    $1,195,000

    707 E Palace Ave APT 11, Santa Fe, NM 87501

    3beds
    2,160sqft
    : 
    Condominium
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $553/sqft
    $422/mo HOA

    What's special

    Kiva fireplaceComfortable entertaining spacesStylish finishesLight and brightTreetop deckEnd unitHigh ceilings
    Just where you want to be! A quick stroll to the legendary Santa Fe Plaza and arty Canyon Road, this designer’s handsome patio home in the coveted La Vereda Compound on historic Palace Avenue has been meticulously maintained and updated with stylish finishes, elements and conveniences. A private end unit with a glamorous, comfortable, and intelligent floor plan, it is light and bright with high ceilings and 3 privately separated bedroom suites, elegant, and comfortable entertaining spaces inside and out, three fireplaces, and a two car carport. Enjoy relaxing in the secluded, walled, patio courtyard with a kiva fireplace, bancos, and towering old trees above; watch the stars from the expansive treetop deck above with skyline views. Walk to dinner, downtown, the river, museums, and shopping! Lock and leave with this blissfullyeasy lifestyle in a fabulous historic Santa Fe location!
    356 days
    |
    514
    |
    20
    |

    Zillow last checked: 8 hours ago

    Listing updated: 12 hours ago

    Listed by:

    Ashley Margetson 505-920-2300,

    Sotheby's Int. RE/Washington 505-988-8088

    Source: SFARMLS,MLS#: 202405004MLS LogoOriginating MLS: Santa Fe Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Heating
    • Baseboard, Ductless, Electric, Passive Solar
    Cooling
    • Ductless, Refrigerated
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
    Features
    • Beamed Ceilings, Interior Steps
    • Flooring: Carpet, Tile
    • Windows: Insulated Windows
    • Has basement: No
    • Number of fireplaces: 3
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,160
    • Total interior livable area: 2,160 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: Not ADA Compliant
    Features
    • Levels: Multi/Split
    • Pool features: None
    Lot
    • Features: Drip Irrigation/Bubblers
    Details
    • Parcel number: 018400014
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Pueblo
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Stucco
    • Foundation: Slab
    • Roof: Other,See Remarks
    Condition
    • Year built: 1985
    Details
    • Builder name: Nichols

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: High Speed Internet Available, Electricity Available

    Community & HOA

    Community
    • Subdivision: La Vereda
    HOA
    • Has HOA: Yes
    • Services included: Common Areas
    • HOA fee: $5,066 annually
    Location
    • Region: Santa Fe

    Financial & listing details

    • Price per square foot: $553/sqft
    • Tax assessed value: $798,488
    • Annual tax amount: $4,770
    • Date on market: 12/20/2024
    • Cumulative days on market: 355 days
    • Listing terms: Cash,Conventional,1031 Exchange,New Loan
    • Electric utility on property: Yes

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    10/9/2025Price change$1,195,000-6.3%$553/sqft
    Source: SFARMLS #202405004 Report a problem
    6/20/2025Price change$1,275,000-3.8%$590/sqft
    Source: SFARMLS #202405004 Report a problem
    12/20/2024Listed for sale$1,325,000+70.1%$613/sqft
    Source: SFARMLS #202405004 Report a problem
    11/21/2018Listing removed$779,000$361/sqft
    Source: Sotheby's International Realty - Main Downtown #201804115 Report a problem
    8/24/2018Listed for sale$779,000+7.4%$361/sqft
    Source: Sotheby's Int. RE/Washington #201804115 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$4,770 0%$625,910 +3%
    2023$4,770 +2.3%$607,680 +3%
    2022$4,664 +1.6%$589,981 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $7,208/mo
    Principal & interest
    $5880
    Property taxes
    $488
    Other costs
    $840

      Climate risks

      Neighborhood: 87501

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Acequia Madre

      Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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