new - 4 days on rocket

729 E Palace Unit B, Santa Fe, NM, 87501

$1,325,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,726 SqFt
$768/SqFt
Condo

Location

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729 E Palace Unit B, Santa Fe$1,325,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage
Attached Garage2 spaces
Year Built2008
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplaceKiva, Wood Burning
MLS #202404341
Lot Size0.05 Acres
StatusActive

About 729 E Palace Unit B

Nestled in the heart of Santa Fe's Historic Eastside, this exquisite single-level condo offers a harmonious blend of traditional charm and modern comfort. As part of the La Reina Compound, a small, private, and gated community of just five units, this residence provides an exclusive living experience in one of the city's most coveted locations. Step inside to discover a spacious 1,726 square foot interior that showcases the quintessential Santa Fe style. High beamed ceilings create an airy ambiance, while gorgeous hand-troweled plaster walls add texture and warmth. The great room is a true masterpiece, featuring tremendous beams with beautifully hand-carved corbels that span its entire length, creating a striking visual impact. The home boasts three comfortable bedrooms and two well-appointed bathrooms, providing ample space for family living or hosting out-of-town guests. Throughout the condo, brick floors add a touch of rustic elegance, perfectly complementing the overall aesthetic. The heart of the home is undoubtedly the great room, where a cozy kiva fireplace serves as a focal point, inviting residents and guests to gather and relax. The kitchen, equipped with sleek stainless steel appliances, including a Viking stove, wine cooler, and new dishwasher installed in June 2022, is a culinary enthusiast's dream. Step outside to enjoy the private, walled backyard – a tranquil oasis perfect for outdoor entertaining or quiet contemplation. The back patio, complete with its own fireplace, offers an ideal setting for al fresco dining or stargazing on cool Santa Fe evenings. Fruit trees and thoughtful landscaping add to the charm of this outdoor retreat. This condo has undergone significant recent upgrades, ensuring worry-free living for years to come. These improvements include a new roof (May 2021), new stucco (July 2021), a new HVAC system with refrigerated air conditioning and heating (February 2022), and a new irrigation system (May 2021). Additional updates include a new dryer (May 2021), freshly repainted exterior windows, and resealed outside beams. For the eco-conscious homeowner, the two-car garage features a 220-volt outlet, perfect for charging an electric vehicle. This thoughtful addition aligns with Santa Fe's commitment to sustainable living. The location of this condo is nothing short of spectacular. Situated in the Historic Eastside neighborhood, residents can enjoy leisurely strolls along nearby Canyon Road, known for its world-class art galleries, or along the picturesque Santa Fe River. The vibrant downtown area is just a short distance away, offering an array of dining, shopping, and cultural experiences. Nature enthusiasts will appreciate the proximity to Amelia White Park, an ideal spot for morning jogs or afternoon picnics. For daily conveniences, Kaune's Neighborhood Market is within easy reach, ensuring you're never far from fresh produce and local specialties. This condo represents the perfect opportunity to embrace the Santa Fe lifestyle – where rich history, artistic spirit, and natural beauty converge. Whether you're seeking a permanent residence or a serene Southwest retreat, this property offers an unparalleled living experience in one of America's most enchanting cities. Please see the 3-D Matterport in the listing.

Property Details

Property Features

Property Information:

  • Architectural Style: Pueblo
  • Year Built: 2008
  • Living Area: 1,726 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 983-5151
  • Listing Agent: Sarah E. Said

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Brick
  • Interior: Beamed Ceilings, No Interior Steps
  • Fireplace: Kiva, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Virtual/3D Tour

  • 3D Tour: 729 E Palace Unit B
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Santa Fe High School, Public District Grades 9-12
  • Calvin Capshaw Middle School, Public District Grades 7-8
  • Acequia Madre Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: E Palace Ave, turn left onto La Veranda off of E. Palace and the gate will be immediately on your left. The gate code is #6789. After entering the gate, there are two guest parking spots on the right, please park there.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,325,000
  • Price Per SqFt: $768/SqFt

HOA Fees:

  • Amount: $1492
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Santa Fe, NM.

Med. Sold Price

$611K

Med. Price/SqFt

$358

Avg. Days On Market

35

# of Sold Homes

119

729 E Palace Unit B vs Santa Fe

4 DAYS ON ROCKET

-31 Days

$1,325,000

+$713.9K More

$768/SqFt

+$409 More

KEY TAKEAWAY

This property is $713.9K more than the Median Sold Price and $409/SqFt more than other homes in Santa Fe, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202404341

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 983-5151
  • Listing Agent: Sarah E. Said

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 © 2024 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: 10/22/2024, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-539011
8
/10
  • Acequia Madre Elementary School

  • 700 Acequia Madre

  • 0.40 miles

  • Public District Grades KG-6

Middle School

school-card-donut-539012
4
/10
  • Calvin Capshaw Middle School

  • 351 East Zia Rd

  • 2.97 miles

  • Public District Grades 7-8

High School

school-card-donut-539013
5
/10
  • Santa Fe High School

  • 2100 Yucca St

  • 3.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 729 E Palace Unit B

What is the listing price of this property?

The listing price of 729 E Palace Unit B property is $1,325,000.

What type of property is this?

The property 729 E Palace Unit B is a condo located in Santa Fe, New Mexico, 87501.

Is this property for sale now?

Active Listing: 729 E Palace Unit B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 729 E Palace Unit B are:
Acequia Madre Elementary School: GreatSchools Rating 8/10
Calvin Capshaw Middle School: GreatSchools Rating 4/10
Santa Fe High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 729 E Palace Unit B has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 729 E Palace Unit B is 1,726 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 729 E Palace Unit B is 2008.

Rocket HomesNew MexicoSanta Fe CountySanta Fe87501729 E Palace Unit B

This home is located at 729 E Palace Unit B in Santa Fe, NM and zip code 87501 in the North Hills neighborhood. This 1,726 square foot home, which was built in 2008, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $1,325,000.

In September 2024, from all listings sold in Santa Fe, NM there were more than 20 sold above asking price, over 69 sold below and more than 30 were sold right at the asked price. Between August 2024 and September 2024, Santa Fe, NM real estate market has seen decrease in the number of listings by 2.1%. The median list price of listings available in September 2024 was $611,090, while the average time on the real estate market was 35 days.

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

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