Welcome to this 2-bedroom, 2-bathroom single-family home in Santa Fe's desirable Rancho Viejo subdivision. Built in 2000, the residence balances neighborhood charm with easy convenience. The property includes an attached garage and sits in a quiet, peaceful cul-de-sac. This property offers an ideal opportunity to enjoy the beautiful scenery and serene lifestyle of Santa Fe County. Sellers are generously offering $5,000.00 towards flooring of your choice.
Located near Meow Wolf, The community contains a range of units from small one bedrooms, averaging 432 sf to larger two bedroom units at 620sf. The lower floor units have a secure, double loaded corridor and the ground floor and upstairs units have their own private entrances. The property contains a common laundry room. The owner has furnished a couple of the smaller units to appeal to the traveling nurses/professional market. If you want to pay all cash, or obtain a new loan, the price is $3,041,153 - a 6.37% cap rate at the current average rents of $1,117, the measure of investment performance include a price per unit of $132,220, a price per square foot of $265.83 a GRM of 9.86 and a cap rate of 6.37%
Welcome to Cielo Encantado, an extraordinary Santa Fe compound newly returned to the market after a prior transaction did not proceed to closing through no fault of the seller. Now offered below appraised value, the property presents a rare opportunity to acquire immediate equity. The compound includes three residences: main house, guest house and casita. It is ideal for a family compound, second home in New Mexico, or a flexible ownership model where one or two residences may be rented when not in use. The main residence offers the substance and soul of adobe construction, with classic Southwestern lines, handcrafted wood detailing, and elements that speak to another era of Santa Fe living. It is not pretending to be new.
This prime 3.76-acre vacant commercial parcel at 6680 Cerrillos Road offers a unique investment opportunity in the heart of Santa Fe's bustling automotive retail hub, home to a cluster of 12 dealerships. This property is positioned just north of the Walmart Superstore and Presbyterian Hospital and stands out for its strategic location. While some of the land falls within a floodplain, the parcel has approximately 1.5 acres of buildable terrain. This opens up the potential for constructing a two-story structure exceeding 20,000 square feet, with innovative terrain management strategies enabling the second level to align with Cerrillos Road's elevation.
This prime 3.76-acre vacant commercial parcel at 6680 Cerrillos Road offers a unique investment opportunity in the heart of Santa Fe's bustling automotive retail hub, home to a cluster of 12 dealerships. This property is positioned just north of the Walmart Superstore and Presbyterian Hospital and stands out for its strategic location. While some of the land falls within a floodplain, the parcel has approximately 1.5 acres of buildable terrain. This opens up the potential for constructing a two-story structure exceeding 20,000 square feet, with innovative terrain management strategies enabling the second level to align with Cerrillos Road's elevation.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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