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$1,249,000

707 E Palace Ave Unit 8 Santa Fe, NM 87501

2 beds
2 full, 1 partial
2,304 sqft
$542 / sqft
Condo

Property details

About 707 E Palace Ave Unit 8

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.

Highlights

Home typeCondominium
HeatingBaseboard, Electric, Hot Water, Passive Solar
StatusActive
Size2,304 sqft
Year built1985
ParkingCarport
MLS #202503422
FireplaceWood Burning

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer, ENERGY STAR Qualified Appliances
  • Basement: No
  • Flooring Type: Carpet, Concrete, Tile
  • Interior: Beamed Ceilings, Interior Steps
  • Fireplace: Wood Burning
  • Total Bedroom Count: 2
  • Parking: Carport
  • Architectural Style: Pueblo
  • Heating: Baseboard, Electric, Hot Water, Passive Solar
  • Cooling: None
  • List Price: $1,249,000
  • Price/SqFt: $542
  • HOA Amount: $6114 Annually
  • Directions: Palace Avenue East to La Vereda Compound Entrance; enter and go uphill and take second right to Unit #8.
  • Year Built: 1985
  • Living Area: 2,304 SqFt
  • MLS Number: 202503422
  • MLS Name: SFAOR
  • Office Name: Sotheby's Int. RE/Washington
  • Office Phone: (505) 988-8088
  • Listing Agent: Stephen Pollack

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: 7/31/2025, 9:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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+. Most families are single, no kids. The most common level of education of people living 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 8

The listing price of 707 E Palace Ave Unit 8 property is $1,249,000.

The property 707 E Palace Ave Unit 8 is a condo located in Santa Fe, New Mexico, 87501.

Active Listing: 707 E Palace Ave Unit 8 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 707 E Palace Ave Unit 8 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 8 has 2 bedrooms and 2 full and 1 half bathrooms.

The property 707 E Palace Ave Unit 8 is 2,304 SqFt (source: MLS/tax record).

The year of construction for 707 E Palace Ave Unit 8 is 1985.

This home is located at 707 E Palace Ave Unit 8 in Santa Fe, NM and zip code 87501 in the North Hills neighborhood. This 2,304 square foot home was built in 1985. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 30, 2025 and is currently priced at $1,249,000.

Over 12 listings were sold over their listed price in June 2025 in Santa Fe, NM. In the same period over 88 listings were sold below the listed price and 39 listings were sold for the listed price. The number of homes for sale in Santa Fe, NM increased by 8% between May and June 2025. The median list price of listings available in June 2025 was $650,000, while the average time on the real estate market was 48 days.

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

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