$10,000 Closing Credit¹
#202405004, Ashley Margetson, Listing office: Sotheby's Int. RE/Washington
$1,299,000 List price
707 E Palace Ave Unit 15 Santa Fe, NM 87501
$10,000
Closing credit¹
3 beds
3 full
2,018 sqft
0.04 acres
$644 / sqft
Condo
Property details
About 707 E Palace Ave Unit 15
Perfectly located in the Historic Eastside, this 3 bedroom, 3 bath home with an attached 2 car garage is a rare offering. Located in the desirable La Vereda Compound, the home has been lovingly updated by the current and previous owners. Recent improvements include the kitchen with new counters and Miele appliances, central air conditioning and heating and bathroom upgrades. The open floor plan is perfect for entertaining and flows beautifully between the private patio and the living/dining areas. As an end unit it is bright and airy. The living room with a kiva fireplace, high ceilings, and glass roofed dining area is an inviting space. The drip irrigated, well landscaped gardens, with a zen-like water feature and mature trees offer a relaxing respite. The spacious upper-level primary bedroom suite features a kiva fireplace, walk-in closet, en-suite bath and opens onto a private deck overlooking the trees. The 2 guest bedrooms and baths are separated nicely offering privacy. The rarely found 2 car attached garage features a 220V vehicle charger, new opener, and bicycle storage. This home can be a perfect full-time residence or pied a tierre for a discerning buyer.
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,018 sqft
Lot size0.04 Acres
Year built1987
ParkingAttached, Garage
MLS #202500480
Attached garage2 spaces
FireplaceKiva, Wood Burning
Summary
- Full Bathrooms: 3
- Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator
- Basement: No
- Flooring Type: Carpet, Tile, Wood
- Interior: Beamed Ceilings, Interior Steps
- Fireplace: Kiva, Wood Burning
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Garage
- Architectural Style: Pueblo
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,299,000
- Price/SqFt: $643
- HOA Amount: $437 Monthly
- Directions: Palace Avenue East to La Vereda Compound Entrance; enter go uphill and take second right to Unit #15. The unit will near the end of the common driveway.
- Year Built: 1987
- Living Area: 2,018 SqFt
- Lot Size: 0.04 Acres
- MLS Number: 202500480
- MLS Name: SFAOR
- Office Name: Santa Fe Properties
- Office Phone: (505) 982-4466
- Office Email: matt.desmond@sfprops.com
- Listing Agent: Robert Thorwald
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: 6/19/2025, 7:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,299,000
707 E Palace Ave Unit 15
$10,000
closing credit¹
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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.
Neighborhood
The neighbors living near this home have an average income of $118,750. Typical income of Santa Fe, NM residents is $200k+ annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Kmart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Panera
What do the neighbors drive?
Lincoln
Lexus
Infiniti
What do the neighbors listen to?
News/Talk/Information
Oldies
Adult Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 707 E Palace Ave Unit 15
The listing price of 707 E Palace Ave Unit 15 property is $1,299,000.
The property 707 E Palace Ave Unit 15 is a condo located in Santa Fe, New Mexico, 87501.
Active Listing: 707 E Palace Ave Unit 15 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 707 E Palace Ave Unit 15 are: Acequia Madre Elementary School (GreatSchools Rating 8/10), Wood-Gormley Elementary School (GreatSchools Rating 9/10), Atalaya Elementary School (GreatSchools Rating 7/10), Gonzales Elementary School (GreatSchools Rating 5/10), Aspen Community School (GreatSchools Rating 4/10), Milagro Middle School (GreatSchools Rating 2/10), New Mexico School for the Arts (GreatSchools Rating 8/10), Mandela International Magnet (Mims) (GreatSchools Rating 9/10), Santa Fe High School (GreatSchools Rating 5/10).
The property at 707 E Palace Ave Unit 15 has 3 bedrooms and 3 bathrooms.
The property 707 E Palace Ave Unit 15 is 2,018 SqFt (source: MLS/tax record).
The year of construction for 707 E Palace Ave Unit 15 is 1987.
This home is located at 707 E Palace Ave Unit 15 in Santa Fe, NM and zip code 87501 in the North Hills neighborhood. This 2,018 square foot home, which was built in 1987, sits on a 0.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $1,299,000.
While more than 28 listings in Santa Fe, NM in May 2025 were sold above asking price, there were more than 26 listings sold at asking price, and more than 84 were sold below. The number of homes for sale in Santa Fe, NM increased by 9.5% between April and May 2025. While the average time on the market in May 2025 was 41 days, the median list price was $641,889.
From Rocket Homes Real Estate and based on county public records data.