Posts Tagged ‘adobe’



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

Santa Fe Neighborhood Quick Sketch: South Capitol

Rail traffic and an expanding middle class fueled the development of South Capitol in the early twentieth century. A rich and appealing collection of single family homes, condos, and small compounds, South Capitol charms with its architectural diversity. Craftsman bungalows intermingle with Pueblo Revivals, Victorians and Territorials. Construction materials run the Santa Fe gamut: adobe, brick, Pen-tile (a term for hollow bricks formerly made at the State Penitentiary) and framed stucco.   Mature trees abound thanks, in part, to the WPA.  Yards range in size from postage stamp patios to 1 acre spreads.

The district takes its name from its dominant landmark: the State Capitol AKA The Roundhouse, on Paseo de Peralta east of Don Gaspar.  Roughly bounded by Paseo de Peralta on the North, Old Santa Fe Trail on the East, and Cordova on the South, South Capitol’s western edge is less clearly defined.  Don Diego is the main artery yet the neighborhood breaks its line to include pockets of streets just west of Don Diego.

The Unitarian Universalist Congregation and  Temple Beth Shalom are both within the neighborhood’s confines. Nearby, on Old Pecos Trail, are the Santa Fe Children’s Museum, The Center for Contemporary Arts,  and The Armory for the Arts.  The elementary school that serves much of the area is Wood Gormley; Capshaw Middle School and Santa Fe High School serve the upper grades.

Great amenities abound in easy walking distance. What’s available depends on where you’re located. The Santa Fe Railyard is an intersection of galleries, shops, housing and public spaces.  Kaune’s Neighborhood Market and O’horis Coffee, on Old Santa Fe Trail, are an easy walk from the neighborhood’s eastern end.  Cordova offers a superabundance of restaurants and shopping including several of our favorite dining spots: The Pyramid Cafe, Saigon Cafe, Backstreet Bistro, and Maria’s. For groceries, head to Trader Joe’s and Wild Oats.  The neighborhood’s Northern end is just blocks from the Plaza with its trove of dining, coffee houses and shopping.  Walkability is high for Santa Fe.  Check out the Walk Score of our listings at 111 East Santa Fe Ave., The Bella Donna. Unit #4 is one of five contemporary restorations.

For a deeper look at issues of interest to homebuyers, check out the following resources. CrimeReports.com is self explanatory.  Usually, I turn to city-data.com for its fascinating compilation of demographic data and statistics. However, city-data.com does not recognize South Capitol as a neighborhood. Instead, it creates a statistical profile for what it terms the Don Gaspar Neighborhood which covers the bulk, but not the entirety, of this historic district.

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SOUTH CAPITOL UPDATE

Below are market stats for the South Capitol Neighborhood reflecting the state of the real estate market on July 16th, 2010.

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South Capitol Area, Looking Up in YTD Residential Sales.

Santa Fe Market Report
Featuring South Capitol Area
Presented by Prudential Santa Fe

Active SFAR Listings
All Santa Fe Listings (7/16/10)
Residential: 2805
Residential Land: 1546
Farm & Ranch: 134
Commercial Buildings: 199
Commercial Land: 77
Live/Work: 21
Multi Family: 36

South Capitol Area Snapshot
Residential Listings (7/16/10)
Active: 86
Pending: 4
Sold: 54*
Average DOM: 218*
Average Listing Price: $591,081*
Average Listing Price Per Sq.ft: $277*
Average Selling Price: $543,175*
Average Selling Price Per Sq.ft.: $255*
% of List Price: 92%*

*Sold (7/17/09-7/16/10)

Days on Market (DOM)
South Capitol Area – Residential Sold*
Days on the Market

Selling Price: % of List Price
South Capitol Area – Residential Sold*
Percentage of asking price

MLS Comparison, Sales Year To Date
South Capitol Area – Residential – 2009 v. 2010
(1/1/09-7/7/09) – (1/1/10-7/7/10)
Year To Date Comparison

Real estate agents Malissa Kullberg and Joshua Maes, AKA Changing Gallery, use their listings, where appropriate, to showcase the art, photography, sculpture and other creations of emerging and independent talents. Artists receive 100% of the proceeds from any sale. For up-to-date market info and full access to the MLS, visit: Santa Fe Real Estate Downtown.

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© 2010 Malissa Kullberg. All rights reserved.