3D tour
$10,000 Closing Credit¹
#202401961, Shakib Banihashemi, Listing Office: Santa Fe Properties
$1,300,000 List price
131 Nusbaum Santa Fe, NM 87501
$10,000
Closing credit¹
3 beds
2 full
1,304 sqft
0.03 acres
$997 / sqft
Condo
Property details
About 131 Nusbaum
Charming, historic, single level, mostly free standing 3/2 home in the heart of downtown one block from the plaza. Classic Santa Fe style with hardwood floors, plaster walls, vigas. Extensively remodeled including kitchen, bathrooms, plumbing, electrical, sewer line, roof and stucco. Delightful living room with working, kiva fireplace. The front entry was a bedroom in the past so is a potential 4th bedroom by simply reopening alternative existing side entrance(s)? The BCD zoning allows for both residential or commercial use including short term rentals with few restictions (see attached document). Currently the property is being used as a very successful STR grossing $100K per year with potential for more. If not an STR, would also be a delightful full or part time home. Previously was an office. Other possible commercial uses could be gallery, retail, live/work etc. Walled portal/side yard. Scrupulously maintained. Furniture package available. Approved off street parking on the sidewalk. What a gem and so close to the plaza!
Highlights
Home typeCondominium
HeatingForced Air, Fireplace(s), Natural Gas
StatusActive
CoolingCentral Air
Size1,304 sqft
BasementYes
Lot size0.03 Acres
Year built1937
MLS #202500012
FireplaceWood Burning
Virtual tour
Summary
- MLS Number: 202500012
- MLS Name: SFAOR
- Office Name: Santa Fe Properties/Washington
- Office Phone: (505) 982-4466
- Listing Agent: Gavin Sayers
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/16/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,300,000
131 Nusbaum
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
8
Carlos Gilbert Elementary School
Public District KG-6
0.4 mi
•300 Griffin St
9
Wood-Gormley Elementary School
Public District KG-6
0.6 mi
•141 E Booth St
8
Acequia Madre Elementary School
Public District KG-6
0.6 mi
•700 Acequia Madre
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,500. The majority of Santa Fe, NM residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
16%
<35k
65%
35k-100k
17%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
78%
Single, No Kids
3%
Single, with Kids
17%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
8%
18-34 yrs old
25%
35-64 yrs old
63%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Horse Races
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
LongHorn Steakhouse
Cracker Barrel
What do the neighbors drive?
Lincoln
Buick
Mazda
What do the neighbors listen to?
Classical
Contemporary Inspirational
Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 131 Nusbaum
This home is located at 131 Nusbaum in Santa Fe, NM and zip code 87501 in the Downtown Santa Fe neighborhood. This 1,304 square foot home, which was built in 1937, sits on a 0.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $1,300,000.
In February 2025, from all listings sold in Santa Fe, NM there were more than 10 sold above asking price, over 84 sold below and more than 21 were sold right at the asked price. The number of listings in Santa Fe, NM decreased by 4% between January and February 2025. In February 2025, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $627,903.
From Rocket Homes Real Estate and based on county public records data.