Nestled in the heart of historic Santa Fe just steps from Canyon Road, galleries, restaurants and the historic Plaza, this refined condominium in the highly sought after La Vereda Compound offers a rare blend of traditional charm and modern sophistication. Boasting 2 spacious bedrooms, a large office (perfect for remote work or guest overflow), 2 full bathrooms, and a half bath, this home is thoughtfully designed for comfort, convenience, and style. The updated kitchen features high-end appliances including a gas oven/range, contemporary cabinetry, and premium finishes, making is a delight for home chefs and entertainers alike. The high ceiled living and dining area are warm and inviting, with classic Santa Fe touches throughout. An added bonus to this property is the solarium off the living and dining rooms which provides extra living space as well as passive solar heat. There is a large laundry room and an extra utility/storage room. Upstairs, the primary suite opens to a private balcony with lovely views - an ideal spot for morning coffee or sunset unwinding. Enjoy serene surroundings and beautifully maintained grounds in a quiet community. Whether your seeking a peaceful getaway, a lock-and-leave second residence, or a sophisticated pied-a-terre, this La Vereda gem offers the quintessential Santa Fe lifestyle.
For sale
Price cut: $25K (10/28)
$1,170,000
707 E Palace Ave APT 8, Santa Fe, NM 87501
2beds
2,304sqft
Est.:
Condominium
Built in 1985
-- sqft lot
$-- Zestimate®
$508/sqft
$510/mo HOA
What's special
Large officeBeautifully maintained groundsPassive solar heatContemporary cabinetryModern sophisticationPremium finishesRefined condominium
- 134 days |
- 333 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 10:29am
Listed by:
Stephen Pollack 415-601-2160,
Sotheby's Int. RE/Washington 505-988-8088
Source: SFARMLS,MLS#: 202503422
Originating MLS: Santa Fe Association of REALTORS
Originating MLS: Santa Fe Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric, Hot Water, Passive Solar
Cooling
- None
Appliances
- Included: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer, ENERGY STAR Qualified Appliances
Features
- Beamed Ceilings, Interior Steps
- Flooring: Carpet, Concrete, Tile
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,304
- Total interior livable area: 2,304 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
Details
- Parcel number: 018400011
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Pueblo
- Property subtype: Condominium
Materials
- Block, Concrete, Stucco
- Foundation: Slab
- Roof: Foam
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: High Speed Internet Available, Electricity Available
Community & HOA
Community
- Security: Security System
- Subdivision: La Vereda
HOA
- Has HOA: Yes
- Services included: Common Areas, Other, See Remarks, Water
- HOA fee: $6,114 annually
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $508/sqft
- Tax assessed value: $795,226
- Annual tax amount: $6,060
- Date on market: 7/30/2025
- Cumulative days on market: 133 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
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Price change | $1,170,000-2.1%$508/sqft |
Source:  SFARMLS #202503422 Report a problem | ||
| 9/23/2025 | Price change | $1,195,000-2.4%$519/sqft |
Source: SFARMLS #202503422 Report a problem | ||
| 9/3/2025 | Price change | $1,225,000-1.9%$532/sqft |
Source: SFARMLS #202503422 Report a problem | ||
| 7/30/2025 | Listed for sale | $1,249,000+112.1%$542/sqft |
Source: SFARMLS #202503422 Report a problem | ||
| 8/18/2012 | Listing removed | $589,000$256/sqft |
Source: Sotheby's International Realty - #201201316 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,060 -9.1% | $795,226 -6.4% |
| 2023 | $6,666 +38.8% | $849,291 +39.8% |
| 2022 | $4,802 +1.6% | $607,398 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,155/mo
Principal & interest
$5757
HOA Fees
$510
Other costs
$887
Climate risks
Neighborhood: 87501
Nearby schools
GreatSchools rating
- 8/10Acequia Madre Elementary SchoolGrades: K-6Distance: 0.4 mi
- 6/10Milagro Middle SchoolGrades: 7-8Distance: 3 mi
- NASanta Fe EngageGrades: 9-12Distance: 6.3 mi
Schools provided by the listing agent
- Elementary: Acequia Madre
- Middle: Milagro
- High: Santa Fe
Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
