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PendingPrice cut: $36K (6/19)
$1,199,000
2beds
1,440sqft

220 1/2 McKenzie St, Santa Fe, NM 87501

2beds
1,440sqft
Condominium
Built in 1958
3 Parking spaces
$833 price/sqft
$200/mo HOA

What's special

Wood-burning fireplaceArtisan craftsmanship throughoutTwo separate en-suite bedroomsGourmet kitchenWalk-in closetStainless steel appliancesGranite countertops

Calling all investors and Buyers seeking a turnkey condo with a proven track record as an income producer, plus an ideal pied-à-terre in the heart of downtown Santa Fe, just one block from the Georgia O’Keeffe Museum. Welcome to Black Mesa, a stand-alone, move-in-ready condominium that effortlessly blends classic Santa Fe charm with modern sophistication. Ideally located in one of downtown’s most sought-after districts, the property is just blocks from the historic Santa Fe Plaza and surrounded by the vibrant energy of the Business Capital District (BCD), offering the added benefit of advantageous zoning. Currently the top-performing short-term rental in the Adobe Star Properties portfolio, Black Mesa generated approximately $83,000 in gross revenue in 2024 and $75,000 in 2025. Inside, this beautifully appointed 2-bedroom, 2-bath residence showcases artisan craftsmanship throughout. The gourmet kitchen features stainless steel appliances, custom cabinetry, and granite countertops. Both the living and dining areas open through French doors to a shaded private patio and front portal, creating seamless indoor-outdoor living. The spacious living room is highlighted by a wood-burning fireplace, hand-carved beams, intricate tilework, and elegant hand-troweled plaster walls. The thoughtfully designed floor plan offers excellent privacy, with two separate en-suite bedrooms. The primary suite includes a cozy sitting area and a walk-in closet. Enjoy a fully enclosed courtyard featuring a front portal and two additional outdoor areas, perfect for relaxing and entertaining. Modern conveniences include forced-air HVAC for year-round comfort. Whether you're looking for a full-time residence, a part-time retreat, or a high-performing investment, Black Mesa presents a rare opportunity to own a property in the heart of downtown Santa Fe.

121 days
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Source: SFARMLS,MLS#: 202601889MLS LogoOriginating MLS: Santa Fe Association of REALTORS
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Shakib “Shak” Banihashemi 505-238-3399,

Corcoran Plaza Properties 505-982-4466

Source: SFARMLS,MLS#: 202601889MLS LogoOriginating MLS: Santa Fe Association of REALTORS

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
  • 3/4 bathrooms: 2
Heating
  • Ductless, Forced Air
Cooling
  • Central Air, Ductless, Refrigerated
Features
  • Interior Steps
  • Has basement: No
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
Interior area
  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Property

Parking
  • Total spaces: 3
  • Parking features: None
Accessibility
  • Accessibility features: Not ADA Compliant
Features
  • Levels: One
  • Stories: 1
Lot
  • Size: 6,098 Square Feet
Details
  • Parcel number: 099307553
  • Zoning: BCD
  • Zoning description: BCD
  • Special conditions: Standard

Construction

Type & style
  • Home type: Condo
  • Architectural style: Pueblo
  • Property subtype: Condominium
Materials
  • Roof: Flat,Pitched
Condition
  • Year built: 1958

Utilities & green energy

  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water: Public

Community & HOA

HOA
  • Has HOA: Yes
  • Services included: Insurance, Other, See Remarks
  • HOA fee: $200 monthly
Location
  • Region: Santa Fe

Financial & listing details

  • Price per square foot: $833/sqft
  • Tax assessed value: $822,069
  • Annual tax amount: $4,894
  • Date on market: 5/5/2026
  • Listing terms: Cash,Conventional,1031 Exchange

Price history

DateEventPrice
8/17/2026Pending sale$1,199,000$833/sqft
Source: SFARMLS #202601889 Report a problem
6/19/2026Price change$1,199,000-2.9%$833/sqft
Source: SFARMLS #202601889 Report a problem
5/5/2026Listed for sale$1,235,000$858/sqft
Source: SFARMLS #202601889 Report a problem
3/31/2026Listing removed$1,235,000$858/sqft
Source: SFARMLS #202401961 Report a problem
4/1/2025Price change$1,235,000-5%$858/sqft
Source: SFARMLS #202401961 Report a problem
9/6/2024Listed for sale$1,300,000$903/sqft
Source: SFARMLS #202401961 Report a problem
8/25/2024Pending sale$1,300,000$903/sqft
Source: SFARMLS #202401961 Report a problem
6/12/2024Listed for sale$1,300,000$903/sqft
Source: SFARMLS #202401961 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$4,894 +2.6%$644,693 +3%
2024$4,770 0%$625,916 +3%
2023$4,770 +2.3%$607,686 +3%
2022$4,664 +1.6%$589,987 +3%
2021$4,592 +1.1%$572,803 +203%
2020$4,542 -8.5%$189,030 -7%
2019$4,962 -2.7%$203,331 -2%
2018$5,101 $207,513 +12.4%
2017$5,101 +11.9%$184,601 -2.8%
2016$4,557 $189,995

Find assessor info on the county website

Monthly payment

Est. payment
$6,883/mo
Principal & interest
$6183
Property taxes
$500
HOA Fees
$200
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 87501

Nearby schools

Carlos Gilbert Elementary School
Grades K-60.2 miles
9/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
7/10
Milagro Middle School
Grades 7-83 miles
6/10
GreatSchools® Rating
Test Score Rating
3/10
Student Progress Rating
8/10