$1,325,000

707 E Palace Ave Unit 11 Santa Fe, NM 87501

$10,000
Closing credit¹
3 beds
3 full
2,160 sqft
$613 / sqft
Condo

Property details

About 707 E Palace Ave Unit 11

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!

Highlights

Home typeCondominium
HeatingBaseboard, Ductless, Electric, Passive Solar
StatusActive
CoolingDuctless, Central Air
Size2,160 sqft
Year built1985
ParkingCarport
MLS #202405004
FireplaceWood Burning

Summary

  • MLS Number: 202405004
  • MLS Name: SFAOR
  • Office Name: Sotheby's Int. RE/Washington
  • Office Phone: (505) 988-8088
  • Listing Agent: Ashley Margetson

IDXThe 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: 3/15/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of patio / terrace featuring exterior fireplace

$1,325,000

707 E Palace Ave Unit 11

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

8

Acequia Madre Elementary School

Public District KG-6

0.3 mi

700 Acequia Madre

9

Wood-Gormley Elementary School

Public District KG-6

0.9 mi

141 E Booth St

7

Atalaya Elementary School

Public District PK-6

1.0 mi

721 Camino Cabra

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $118,750. Most Santa Fe, NM residents have annual incomes $200k+. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

14%
<35k
29%
35k-100k
23%
100k-200k
34%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
3%
Single, with Kids
41%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
7%
18-34 yrs old
48%
35-64 yrs old
36%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • PaneraPanera

What do the neighbors drive?

  • LincolnLincoln
  • LexusLexus
  • InfinitiInfiniti

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 707 E Palace Ave Unit 11

This home is located at 707 E Palace Ave Unit 11 in Santa Fe, NM and zip code 87501 in the North Hills neighborhood. This 2,160 square foot home was built in 1985. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $1,325,000.

In February 2025 more than 10 listings in Santa Fe, NM were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 84 were sold below. The number of listings in Santa Fe, NM decreased by 4% between January and February 2025. The median list price of listings available in February 2025 was $627,903, while the average time on the real estate market was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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