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For sale
  • $1,195,000

    707 E Palace Ave APT 11, Santa Fe, NM 87501

    3beds
    2,160sqft
    : 
    $7,341/mo
    Get pre-qualified
    Condominium
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $553/sqft
    $422/mo HOA

    What's special

    Kiva fireplaceComfortable entertaining spacesStylish finishesLight and brightTreetop deckEnd unitHigh ceilings
    Just where you want to be! A quick stroll to the legendary Santa Fe Plaza and arty Canyon Road, this designer’s handsome patio home in the coveted La Vereda Compound on historic Palace Avenue has been meticulously maintained and updated with stylish finishes, elements and conveniences. A private end unit with a glamorous, comfortable, and intelligent floor plan, it is light and bright with high ceilings and 3 privately separated bedroom suites, elegant, and comfortable entertaining spaces inside and out, three fireplaces, and a two car carport. Enjoy relaxing in the secluded, walled, patio courtyard with a kiva fireplace, bancos, and towering old trees above; watch the stars from the expansive treetop deck above with skyline views. Walk to dinner, downtown, the river, museums, and shopping! Lock and leave with this blissfullyeasy lifestyle in a fabulous historic Santa Fe location!
    582 days
    |
    528
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Margetson 505-920-2300,

    Sotheby's Int. RE/Washington 505-988-8088

    Source: SFARMLS,MLS#: 202405004MLS LogoOriginating MLS: Santa Fe Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      Heating
      • Baseboard, Ductless, Electric, Passive Solar
      Cooling
      • Ductless, Refrigerated
      Appliances
      • Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
      Features
      • Beamed Ceilings, Interior Steps
      • Flooring: Carpet, Tile
      • Windows: Insulated Windows
      • Has basement: No
      • Number of fireplaces: 3
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,160
      • Total interior livable area: 2,160 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport
      • Has carport: Yes
      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: Multi/Split
      • Pool features: None
      Lot
      • Features: Drip Irrigation/Bubblers
      Details
      • Parcel number: 018400014
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Pueblo
      • Property subtype: Condominium
      Materials
      • Block, Concrete, Stucco
      • Foundation: Slab
      • Roof: Other,See Remarks
      Condition
      • Year built: 1985
      Details
      • Builder name: Nichols

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: High Speed Internet Available, Electricity Available

      Community & HOA

      Community
      • Subdivision: La Vereda
      HOA
      • Has HOA: Yes
      • Services included: Common Areas
      • HOA fee: $422 monthly
      Location
      • Region: Santa Fe

      Financial & listing details

      • Price per square foot: $553/sqft
      • Tax assessed value: $851,999
      • Annual tax amount: $4,894
      • Date on market: 12/20/2024
      • Cumulative days on market: 581 days
      • Listing terms: Cash,Conventional,1031 Exchange,New Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/9/2025Price change$1,195,000-6.3%$553/sqft
        Source: SFARMLS #202405004 Report a problem
        6/20/2025Price change$1,275,000-3.8%$590/sqft
        Source: SFARMLS #202405004 Report a problem
        12/20/2024Listed for sale$1,325,000+70.1%$613/sqft
        Source: SFARMLS #202405004 Report a problem
        11/21/2018Listing removed$779,000$361/sqft
        Source: Sotheby's International Realty - Main Downtown #201804115 Report a problem
        8/24/2018Listed for sale$779,000+7.4%$361/sqft
        Source: Sotheby's Int. RE/Washington #201804115 Report a problem
        2/12/2010Sold--
        Source: Agent Provided Report a problem
        5/18/2009Listing removed$725,000$336/sqft
        Source: Listhub #805245 Report a problem
        12/26/2008Price change$725,000-6.5%$336/sqft
        Source: Listhub #805245 Report a problem
        8/22/2008Listed for sale$775,000$359/sqft
        Source: Listhub #805245 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,894 +2.6%$644,687 +3%
        2024$4,770 0%$625,910 +3%
        2023$4,770 +2.3%$607,680 +3%
        2022$4,664 +1.6%$589,981 +3%
        2021$4,592 +3.1%$572,798 +209%
        2020$4,454 +1.4%$185,372 +3%
        2019$4,392 +2.3%$179,973 +3%
        2018$4,295 $174,731 +3%
        2017$4,295 +2.6%$169,642 +3%
        2016$4,188 $164,701 +3%
        2015$4,188 +8.6%$159,904 +3.1%
        2014$3,857 +6%$155,091
        2013$3,638 +3.2%--
        2012$3,525 -5.5%--
        2011$3,728 -4.8%--
        2010$3,915 -12%--
        2009$4,450 +4.2%--
        2008$4,268 +121.4%--
        2005$1,928 +15.5%--
        2004$1,669 -7%--
        2003$1,795 +5.4%--
        2002$1,703 -4.4%--
        2001$1,781 +3.5%--
        2000$1,722 $95,420
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87501

        Getting around

        53 / 100
        Somewhat Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Acequia Madre

        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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