Calling all visionaries, cash buyers and savvy investors. Discover the potential in this spacious and versatile home, located in desirable Tierra Colinas, just outside of Eldorado. This 2700+ sq. ft., diamond in the rough, offers a wonderful opportunity to capitalize on timeless craftsmanship and expansive potential.
The uniquely stunning architectural details, beautiful wood beams and custom cabinetry throughout offer a lot of wonderful elements to work with while incorporating your vision. Transform the large flex space or studio, complete with a 3/4 bath and its own entry/exit into an amazing artist studio, guest suite, or luxury primary suite. The expansive views, abundance of natural light and wonderful outdoor, covered portal are definitely something to showcase. And the extra large 2 car garage, with 1/2 bath and plenty of room for a workshop are icing on the cake.
Sold "AS IS" and priced accordingly. This home is a great investment for flippers, a great home for those who qualify for the Fannie Mae HomeStyle Renovation Loan, and exciting opportunity for all cash buyers. Bring your contractor and see if re-imagining and revitalizing this one of a kind, remarkable property is a good fit for you.
Please call the listing broker with any questions.
Sold
Price Unknown
35 Avenida De La Paz, Lamy, NM 87540
2beds
3,272sqft
Single Family Residence
Built in 2001
3.34 Acres Lot
$394,100 Zestimate®
$--/sqft
$6,084 Estimated rent
Home value
$394,100
$351,000 - $441,000
$6,084/mo
Zestimate® history
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$450/mo
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List your homeWhat's special
Extra-large garageFlooded with natural lightHobby spaceWonderful indoor-outdoor feelStunning architectural detailsAdditional half bathBreathtaking views
Zillow last checked:
Listing updated:
Listed by:
Kimberly Klinkrodt 505-795-5409,
EXIT Realty Advantage NM
Bought with:
Kimberly Klinkrodt, REC20230342
EXIT Realty Advantage NM
Source: SFARMLS,MLS#: 202502729
Originating MLS: Santa Fe Association of REALTORS
Originating MLS: Santa Fe Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Fireplace(s), Radiant
Cooling
- None
Appliances
- Included: Dryer, Gas Cooktop, Gas Water Heater, Microwave, Oven, Range, Water Heater, Washer
Features
- Interior Steps
- Flooring: Carpet, Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,272
- Total interior livable area: 3,272 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3.34 Acres
Details
- Additional structures: Studio Attached
- Parcel number: 960002110
- Zoning: Rural Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northern New Mexico,Pueblo
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Permanent, Slab
- Roof: Flat
Condition
- Year built: 2001
Details
- Builder name: Peter Grivas
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Tank
- Water: Community/Coop
Community & HOA
Community
- Security: Dead Bolt(s), Heat Detector, Smoke Detector(s)
- Subdivision: Tierra Colinas
HOA
- Has HOA: Yes
- Services included: Road Maintenance
- HOA fee: $450 annually
Location
- Region: Lamy
Financial & listing details
- Tax assessed value: $646,824
- Annual tax amount: $2,475
- Date on market: 6/19/2025
- Cumulative days on market: 38 days
- Listing terms: Cash,Conventional,1031 Exchange,New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Sold | -- |
Source:  SFARMLS #202502729 Report a problem | ||
| 7/29/2025 | Pending sale | $560,150$171/sqft |
Source: SFARMLS #202502729 Report a problem | ||
| 7/21/2025 | Price change | $560,150-15%$171/sqft |
Source: SFARMLS #202502729 Report a problem | ||
| 6/25/2025 | Listed for sale | $659,000$201/sqft |
Source: SFARMLS #202502729 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,475 +2% | $296,859 +3% |
| 2024 | $2,427 -0.1% | $288,214 +3% |
| 2023 | $2,429 +10.1% | $279,820 |
| 2022 | $2,205 -1.7% | $279,820 |
| 2021 | $2,243 -1.2% | $279,820 +200% |
| 2020 | $2,270 -0.7% | $93,274 |
| 2019 | $2,287 -0.7% | $93,274 +0% |
| 2018 | $2,304 | $93,273 |
| 2017 | $2,304 -0.2% | $93,273 0% |
| 2016 | $2,308 | $93,274 |
| 2015 | $2,308 +1.8% | $93,274 -18.6% |
| 2014 | $2,268 -3.3% | $114,523 |
| 2013 | $2,346 +0.4% | -- |
| 2012 | $2,337 +1.3% | -- |
| 2011 | $2,306 +4% | -- |
| 2010 | $2,217 +2.2% | -- |
| 2009 | $2,170 +2.4% | -- |
| 2008 | $2,120 +2.5% | -- |
| 2005 | $2,068 +7.8% | -- |
| 2004 | $1,919 +3% | -- |
| 2003 | $1,863 -8.9% | -- |
| 2002 | $2,045 | -- |
Find assessor info on the county website
Neighborhood: 87540
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Nearby schools
GreatSchools rating
- 9/10El Dorado Community SchoolGrades: PK-8Distance: 2.3 mi
- NASanta Fe EngageGrades: 9-12Distance: 10.7 mi
Schools provided by the listing agent
- Elementary: El Dorado Com School
- Middle: El Dorado Com School
- High: Santa Fe
Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$394,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$394,100
- New Mexico
- Santa Fe County
- Lamy
- 87540
- 35 Avenida De La Paz
Nearby cities
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