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1846 Palacio Ln, Santa Fe, NM, 87505

$185,000

1.23 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
MLS #202233818
Lot Size1.23 Acres
StatusActive

About 1846 Palacio Ln

An east side piece of land for less than $200,000?! This peaceful lot down a quiet lane with mountain views represents an incredible opportunity. Though the property contains a large arroyo, and is accessed via a deeded easement through two adjacent properties, there remains a flat home site that should be a suitable spot for a home appropriate for this beautiful lot. Less than 10 minutes to the plaza and an easy walk to Museum Hill, this is a price not usually possible for an east side lot of this caliber. Come tour it for yourself and see how this amazing piece of land could be the perfect site for your home.

Property Details

Property Features

Listing Office:

  • Office Name: Barker Realty, LLC
  • Office Phone: (505) 982-9836
  • Listing Agent: Grant Alexander

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Views
  • Lot Size: 1.23 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Old Pecos Trail to Camino Lejo. Right on Palacio Lane. Contact broker for specifics.

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000

Tax Information:

  • Annual Amount: $1,996
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$622K

Med. Price/SqFt

$359

Avg. Days On Market

53

# of Sold Homes

158

1846 Palacio Ln vs Santa Fe

549 DAYS ON ROCKET

+496 Days

$185,000

-$437K Less

KEY TAKEAWAY

This property is $437K less than the Median Sold Price in Santa Fe, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202233818

Listing Office:

  • Office Name: Barker Realty, LLC
  • Office Phone: (505) 982-9836
  • Listing Agent: Grant Alexander

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: 5/10/2024, 3:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,996$61,126
2019$1,639$50,000
2018$1,645$50,000

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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-9886167
9
/10
  • Wood-Gormley Elementary School

  • 141 E Booth St

  • 1.29 miles

  • Public District Grades KG-6

Middle School

school-card-donut-9886168
4
/10
  • Calvin Capshaw Middle School

  • 351 East Zia Rd

  • 1.33 miles

  • Public District Grades 7-8

High School

school-card-donut-9886169
5
/10
  • Santa Fe High School

  • 2100 Yucca St

  • 2.19 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,083. The majority of Santa Fe, NM residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1846 Palacio Ln

What is the listing price of this property?

The listing price of 1846 Palacio Ln property is $185,000.

What type of property is this?

The property 1846 Palacio Ln is land located in Santa Fe, New Mexico, 87505.

Is this property for sale now?

Active Listing: 1846 Palacio Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1846 Palacio Ln are:
Wood-Gormley Elementary School: GreatSchools Rating 9/10
Calvin Capshaw Middle School: GreatSchools Rating 4/10
Santa Fe High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,996 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1846 Palacio Ln is 1.23 acres.
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Rocket HomesNew MexicoSanta Fe CountySanta Fe875051846 Palacio Ln

This home is located at 1846 Palacio Ln in Santa Fe, NM and zip code 87505 in the Southeast neighborhood. This home sits on a 1.23 acre lot. It has been listed on Rocket Homes since November 08, 2022 and is currently priced at $185,000.

While more than 39 listings in Santa Fe, NM in April 2024 were sold above asking price, there were more than 42 listings sold at asking price, and more than 77 were sold below. The inventory of homes for sale in Santa Fe, NM between March 2024 and April 2024 increased by 13%. Listings spent 53 days on the market in April 2024, and had a median list price of $622,027 during the same period.

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

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