506 Lolita ST Active

Santa Fe,NM 87501

$ 649900

1 Bed

1 Bath

962 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 962 sqft

Price per Sqft $675

MLS Listing ID 202501866

Style Northern New Mexico

Bedrooms 1

Full Baths 1

Year Built 1934

Lot Size 6,098 Sqft

Property Sub-Type Single Family Residence

Property Description

Rare opportunity to own a property with potential for 2 living units in the Historic Guadalupe neighborhood, just 2 blocks from the Rail Yard. This .14 acre lot features a fully renovated and updated 1 bedroom 1 bathroom casita on Lolita street. Turnkey home with full kitchen, quartz countertops, hardwood floors, kiva fireplace and Venetian plaster walls, and full bath with tankless water heater & deep soaking tub.

Facing Paseo de Peralta are the remnants of an historic adobe home, built in the 1930s and owned by the Baca family. The adobe shell once surrounded an approximately 1500 sq foot house with a large below grade basement that is now ready for rehabilitation and revitalization. With its existing walls, garage / studio space and city utilities, this is an excellent opportunity for an infill project to build a second home in an ideal location within walking distance of restaurants, coffee shops, brew pubs, galleries, shopping, farmer's market, event spaces and more.

Zoned R7-R8 and located just outside of the Historic District. With options for residential income and business opportunities, this surviving piece of history holds the key to a convenient and comfortable city center lifestyle with easy access to so many amenities. Schedule a private tour to see what makes this such a special site for a home in the heart of Santa Fe.

Location

State NM

County Santa Fe

Zoning R-7

Interior

Heating Ductless,Fireplace(s)

Cooling Ductless,Refrigerated

Flooring Tile,Wood

Fireplaces Number 1

Fireplaces Type Kiva

Exterior

Parking Features Detached,Garage

Garage Spaces 1.0

Garage Description 1.0

Pool None

Utilities Available Electricity Available

Roof Type Bitumen,Flat

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools Aspen Community Magnet School K-8

Middle Schools Aspen Community Magnet School K-8

High Schools Santa Fe

Others

Acceptable Financing Cash,Conventional,New Loan,Owner Will Carry

Listing Terms Cash,Conventional,New Loan,Owner Will Carry

Special Listing Condition Standard

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