Tucked quietly along storied Palace Avenue, this exceptional residence within Santa Fe's historic Llano Compound is more than a condominium—it is a living work of art.
Originally conceived in the 1970s as an artistic and architectural enclave, the Llano Compound remains one of Santa Fe's most distinctive residential communities. Listed on the Historic Register and rich with character, the compound reflects a rare blend of craftsmanship, history, and creative vision.
This approximately 1,200-square-foot, one-bedroom, two-bath residence offers a unique floor plan that balances intimacy with openness. Thoughtfully designed architectural details, handmade adobe construction, and the compound's celebrated aesthetic create an atmosphere that feels both timeless and deeply authentic to Santa Fe.
The upstairs primary bedroom provides a private retreat, while generous living spaces below offer flexibility for entertaining, working, or simply enjoying the peaceful surroundings. Distinctive design elements, including windows inspired by the work of Frank Lloyd Wright, contribute to the home's artistic character and architectural significance.
Just moments from the Plaza, Canyon Road, galleries, restaurants, and cultural landmarks, the location offers the rare opportunity to experience Santa Fe's vibrant lifestyle while residing in a setting that feels secluded and serene.
For the discerning buyer seeking history, architecture, and an authentic Santa Fe experience, 815 East Palace Avenue #22 represents a truly uncommon offering—one where art, design, and place come together in remarkable harmony.
For sale
Price cut: $100K (8/28)
$865,000
815 E Palace Ave APT 22, Santa Fe, NM 87501
1beds
1,196sqft
Condominium
Built in 1978
-- sqft lot
$-- Zestimate®
$723/sqft
$300/mo HOA
What's special
Thoughtfully designed architectural detailsDistinctive design elementsHandmade adobe construction
- 91 days
- 568
- 33
Zillow last checked:
Listing updated:
Listed by:
Skye Smith 505-470-1150,
Sotheby's Int. RE/Grant 505-988-2533
Source: SFARMLS,MLS#: 202602404
Originating MLS: Santa Fe Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Radiant Floor
Cooling
- None
Features
- Interior Steps
- Flooring: Brick
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,196
- Total interior livable area: 1,196 sqft
Property
Parking
- Total spaces: 2
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: Two
- Stories: 2
Lot
- Size: 435 Square Feet
Details
- Parcel number: 016007973
- Zoning: Historic
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Pueblo
- Property subtype: Condominium
Materials
- Adobe, Stucco
- Roof: Bitumen
Condition
- Year built: 1978
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Heat Detector, Smoke Detector(s)
HOA
- Has HOA: Yes
- Services included: Common Areas, Insurance, Road Maintenance, Water
- HOA fee: $300 monthly
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $723/sqft
- Tax assessed value: $1,007,964
- Annual tax amount: $7,606
- Date on market: 6/5/2026
- Listing terms: Cash,Conventional,1031 Exchange,New Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $865,000-10.4%$723/sqft |
Source: | ||
| 7/23/2026 | Price change | $965,000-3.3%$807/sqft |
Source: | ||
| 6/5/2026 | Listed for sale | $998,000-8%$834/sqft |
Source: | ||
| 4/29/2026 | Listing removed | $1,085,000$907/sqft |
Source: | ||
| 2/17/2026 | Listed for sale | $1,085,000+104.7%$907/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/30/2020 | Listing removed | $530,000$443/sqft |
Source: Owner Report a problem | ||
| 2/8/2020 | Price change | $530,000-1.9%$443/sqft |
Source: Owner Report a problem | ||
| 1/17/2020 | Listed for sale | $540,000+8.8%$452/sqft |
Source: Owner Report a problem | ||
| 10/31/2018 | Listing removed | $496,500$415/sqft |
Source: Sotheby's International Realty - Main Downtown #201803866 Report a problem | ||
| 9/20/2018 | Pending sale | $496,500$415/sqft |
Source: Sotheby's International Realty - Main Downtown #201803866 Report a problem | ||
| 9/15/2018 | Listed for sale | $496,500$415/sqft |
Source: Sotheby's International Realty - Main Downtown #201803866 Report a problem | ||
| 8/29/2018 | Pending sale | $496,500$415/sqft |
Source: Sotheby's International Realty - Main Downtown #201803866 Report a problem | ||
| 8/28/2018 | Listed for sale | $496,500$415/sqft |
Source: Sotheby's International Realty - Main Downtown #201803866 Report a problem | ||
| 8/27/2018 | Pending sale | $496,500$415/sqft |
Source: Sotheby's International Realty - Main Downtown #201803866 Report a problem | ||
| 8/9/2018 | Listed for sale | $496,500+32.4%$415/sqft |
Source: Sotheby's Int. RE/Washington #201803866 Report a problem | ||
| 10/3/2013 | Listing removed | $375,000$314/sqft |
Source: Barker Realty Inc. #201300182 Report a problem | ||
| 7/23/2013 | Price change | $375,000-6%$314/sqft |
Source: Barker Realty Inc. #201300182 Report a problem | ||
| 3/12/2013 | Price change | $399,000-7%$334/sqft |
Source: Barker Realty Inc. #201300182 Report a problem | ||
| 1/18/2013 | Listed for sale | $429,000-2.3%$359/sqft |
Source: Barker Realty Inc. #201300182 Report a problem | ||
| 11/1/2012 | Listing removed | $439,000$367/sqft |
Source: Sotheby's International Realty - #201202122 Report a problem | ||
| 9/3/2012 | Price change | $439,000-4.4%$367/sqft |
Source: Sotheby's International Realty - #201202122 Report a problem | ||
| 6/29/2012 | Price change | $459,000-4.2%$384/sqft |
Source: Sotheby's International Realty - #201202122 Report a problem | ||
| 5/17/2012 | Listed for sale | $479,000-7.7%$401/sqft |
Source: Sotheby's International Realty - #201202122 Report a problem | ||
| 10/1/2010 | Listing removed | $519,000$434/sqft |
Source: NRT #201002851 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,606 +80.2% | $1,007,964 +82% |
| 2024 | $4,221 0% | $553,940 +3% |
| 2023 | $4,221 +2.3% | $537,806 +3% |
| 2022 | $4,128 +1.6% | $522,142 +3% |
| 2021 | $4,064 +0.2% | $506,934 +200.2% |
| 2020 | $4,058 -5.6% | $168,867 -4.2% |
| 2019 | $4,300 +58.8% | $176,180 +57.1% |
| 2018 | $2,708 | $112,137 |
| 2017 | $2,708 -0.4% | $112,137 |
| 2016 | $2,719 | $112,137 +3% |
| 2015 | $2,719 +5.5% | $108,871 +3.1% |
| 2014 | $2,578 -6% | $105,594 |
| 2013 | $2,743 -0.8% | -- |
| 2012 | $2,764 -1.6% | -- |
| 2011 | $2,809 +1.4% | -- |
| 2010 | $2,770 -2.5% | -- |
| 2009 | $2,842 -5.9% | -- |
| 2008 | $3,019 +120.1% | -- |
| 2005 | $1,372 +9% | -- |
| 2004 | $1,259 -1.4% | -- |
| 2003 | $1,277 +5.4% | -- |
| 2002 | $1,212 -4.4% | -- |
| 2001 | $1,267 +3.5% | -- |
| 2000 | $1,225 | $67,887 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 87501
Nearby schools
Schools provided by the listing agent
- Elementary: Acequia Madre
- Middle: Milagro
- 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.






