601 1/2 Paseo De Peralta A Santa Fe, NM 87501
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Specialty properties
Property Details for 601 1/2 Paseo De Peralta A
- Year built
- 1871
- Property type
- Specialty properties
Description
This exceptional $1,100,000 investment opportunity presents a unique chance to own a piece of Santa Fe history. The Sara Melton House, a meticulously preserved late 19th-century adobe triplex at 601 1/2 Paseo De Peralta A, boasts three units: one studio and two one-bedroom apartments. Built in 1871, this historically significant property is listed on the National Historic Preservation Registry and includes a Historical Preservation Easement. The property's rich history, dating back to its purchase by Nestora Gonzales in 1871, is reflected in its unique architectural details and layout, showcasing the evolution of a Hispano family home over generations. The property's configuration demonstrates the regional practice of bequeathing individual rooms or groups of rooms within a single structure. Currently, the triplex comprises two connected one-bedroom apartments and a separate studio apartment, all with designated off-street parking (3 spaces). Continuously rented since 1973, this property offers a strong rental history and significant potential for tax incentives for New Mexico residents. Please note that this is a tenant-occupied property requiring 48-hour notice for showings. This is a rare chance to acquire a landmark property in the heart of Santa Fe's vibrant downtown.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -105.934
- Latitude
- 35.69
