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Live-Work Condominium with Courtyard
For Sale
$549,000

1043 Don Diego Avenue E, Santa Fe, NM 87505

C-1-zoned condominium supports residential occupancy, office use, and other approved commercial activities in a walkable setting.

Property SizeContact for details
Days on Market59

Property Features for 1043 Don Diego Avenue E

General Information

Standard status Active
Total Parking Spaces 2
Zoning C-1

Additional Details

HOA Fee $300

Amenities

courtyard
kiva fireplace
Listing Agency: Sotheby's Int. RE/Grant
Listed By: Maya Hiersoux
Source: Wesellsantafe
Added: Aug 16 Changed: Oct 11 Last Checked: Oct 12 at 7:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's Int. RE/Grant

Investment Insights

Based on property information with market context.

This 3-bedroom, 2-bath condominium at Placitas Don Diego combines residential space with business-use flexibility. The interior features vigas, beamed ceilings, a kiva fireplace, an updated kitchen, and abundant natural light. A fenced private courtyard and two designated parking spaces add practical features for daily occupancy or client visits.

Zoned C-1 for office and related commercial uses, the property can accommodate professional and business offices, arts and crafts studios, galleries, medical or dental offices, banking, and other permitted activities. Recorded HOA amendments authorize business identification signage subject to Board approval. Short-term rental use is permitted under city zoning with registration and no STR permit requirement. The property is located at 1043 Don Diego Avenue, E, near Trader Joe’s, Natural Grocers, CVS, Walgreens, Clafoutis French Bakery, Maria’s New Mexican Kitchen, Annapurna’s, and El Mercado Plaza.

Key Highlights

  • C‑1 zoning supports office and related commercial uses
  • 3‑bedroom, 2‑bath condominium with live‑work configuration
  • Vigas, beamed ceilings, kiva fireplace, and updated kitchen

Property Analytics

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Current Use

FADE Studios Recording Studio Barrett Bill CPA Tax Preparation

Suggested Use

Top Pick HVAC Service Electrical Service Locksmith Catering Service (Bike/Boat/Book/etc) Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,692
Businesses Nearby

Demographics for 87505, NM

32,078
Population
18,733
Households
1.7
Avg Household Size
52
Median Age
54%
College-Educated
94%
High-School Grad
65.1 sq mi
ZIP Area
493
Density / Sq Mi
$75,912
Median Household Income
$41,169
Median Earnings
$1,348
Median Rent
$484,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - C-1-zoned condominium supports residential occupancy, office use, and other approved commercial activities in a walkable setting.
Where is this live-work space located?
The property is located at 1043 Don Diego Avenue E Santa Fe, NM.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: C‑1 zoning supports office and related commercial uses; 3‑bedroom, 2‑bath condominium with live‑work configuration; Vigas, beamed ceilings, kiva fireplace, and updated kitchen
More about this property
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