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Neighborhood Quick Sketch: Santa Fe’s Historic Eastside

Authentic old adobes on winding dirt roads, mature trees, bountiful gardens and seasonal water from the acequia or Santa Fe River: this is Santa Fe’s Eastside. A mesh of grand estates, modest adobes, condos, and galleries, the Eastside is a comparatively pastoral, tranquil slice of Santa Fe, walking distance from the cultural bounty of the city’s historic heart.  The Eastside is Santa Fe’s oft depicted, photogenic ambassador. Many homes are over 100 years old, but whether historic or new, the residences weave together to create an engaging, Old World, feel.

Location and character make homes on the Eastside a perennially popular purchase.  The stats below reflect the current state of the market;

Eastside Area Snapshot

Residential Listings (6/30/10)
Active: 124
Pending: 14
Sold: 53*
Average DOM: 201*
Average Listing Price: $712,840*
Average Selling Price: $668,177*
% of List Price: 94%*

*Sold (7/01/09-6/30/10)

Days on Market (DOM)
Eastside Area – Residential Sold*

Selling Price: % of List Price
Eastside Area – Residential Sold*

MLS Comparison, Sales Year To Date
Eastside Area – Residential – 2009 v. 2010
(1/1/09-6/30/09) – (1/1/10-6/30/10)

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Our listing at 645D East Palace Avenue is emblematic of the area’s offerings.  Originally built in late 1800s, this home plus guesthouse was thoroughly renovated with a French Provençal flair. The double adobe main house, fully surrounded by walls and gate, has an inviting brick patio lushly landscaped with flowers, herbs and trees. The interior is comfortably luxurious. The gourmet kitchen has ample room for a 6-8 person dining room table. The cozy living room with wood-burning fireplace is well-lit from a skylight and duet of casement windows. Adjacent to the living room is a bright bonus room, lined with bookshelves, that could be configured as a library, den, office or guest bedroom. The detached 1 bedroom, 1 bath guesthouse charms with its sweet, private patio, dormer window and radiant heat. Both structures have pitched roofs.  MLS# 201003505

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