Zip codes 87501 homes for sale starting at Fifty Thousand Dollars

$1,300,000 - Santa Fe, NM

131 Nusbaum Street Santa Fe, NM - CHECK SHOWINGTIME FOR STR DAYS WHEN CANNOT BE SHOWN. Charming, historic, single level, mostly free standing 3/2 BCD commercial condo or residence in the heart of downtown 2-3 minutes walk to the plaza. Classic Santa Fe style with hardwood floors, plaster walls, vigas. Extensively remodeled including kitchen, bathrooms, plumbing, electrical, sewer line, roof and stucco. Delightful living room with working, kiva fireplace. The front entry was a bedroom so is a potential 4th bedroom by simply reopening alternative existing side entrance(s)? The BCD zoning allows for both residential or commercial use including short term rentals with fewer restrictions (see attached document). Currently the property is being used as a very successful STR grossing approx $100K per year with potential for more. If not an STR, would also be a delightful full or part time home. Previously was an office. Other possible commercial uses could be gallery, retail, live/work etc. Walled portal/side yard. Scrupulously maintained. Furniture package available. Approved off street parking on the sidewalk. What a gem and so close to the plaza!

$1,299,000 - Santa Fe, NM

707 E Palace Avenue Santa Fe, NM - Perfectly located in the Historic Eastside, this 3 bedroom, 3 bath home with an attached 2 car garage is a rare offering. Located in the desirable La Vereda Compound, the home has been lovingly updated by the current and previous owners. Recent improvements include the kitchen with new counters and Miele appliances, central air conditioning and heating and bathroom upgrades. The open floor plan is perfect for entertaining and flows beautifully between the private patio and the living/dining areas. As an end unit it is bright and airy. The living room with a kiva fireplace, high ceilings, and glass roofed dining area is an inviting space. The drip irrigated, well landscaped gardens, with a zen-like water feature and mature trees offer a relaxing respite. The spacious upper-level primary bedroom suite features a kiva fireplace, walk-in closet, en-suite bath and opens onto a private deck overlooking the trees. The 2 guest bedrooms and baths are separated nicely offering privacy. The rarely found 2 car attached garage features a 220V vehicle charger, new opener, and bicycle storage. This home can be a perfect full-time residence or pied a tierre for a discerning buyer.

$1,250,000 - Santa Fe, NM

1688 Upper Canyon Road Santa Fe, NM - A fabulous renovation on Upper Canyon Rd! Located within easy walking distance of the Audubon and the Dale Ball trail system, this unique 1573 sq. ft. 2 bedroom/ 1 bathroom property was completely renovated with a brilliant blending of contemporary and Southwestern architecture. The original adobe construction offers an organic essence with curved walls, vigas, and kiva fireplaces in the bedrooms. The open concept kitchen/living/dining room has high ceilings with track lighting, stained concrete flooring and a romantic wood burning fireplace. The kitchen, with its white quartz countertops and stainless steel Samsung appliances, adds to the contemporary elegance of this superior renovation. The magic of this open concept design are the divided light windows which invite warm, natural lighting throughout the space and the beautiful picture window brings the enchantment of the outside in, offering the view of the outdoor flagstone patio, canopied by apple trees and greenery. An acequia runs through the property, enhancing the storybook nature of the property and the bucolic feel that Upper Canyon Rd offers. The property has in-floor radiant heat, mini-splits for cooling and is on a shared well. A magical property in The Land of Enchantment

$1,248,000 - Santa Fe, NM

100 Pena Place Santa Fe, NM - Built in 2017, this stylish 3-bedroom, 3-bath home offers modern comfort in a prime location near the Santa Fe Plaza and Railyard District. The design blends clean contemporary lines with traditional Southwestern elements, creating a warm yet sophisticated ambiance. The open-concept living, dining, and kitchen areas feature soaring ceilings, abundant natural light, and a seamless layout perfect for entertaining. The gourmet kitchen is equipped with high-end appliances, a skylight, generous windows, and a breakfast bar that seats two. French doors in the dining area lead to a covered portal, extending your living space outdoors for alfresco dining and gatherings. The bedrooms are thoughtfully separated for added privacy. The primary suite includes a cozy kiva fireplace, a spacious walk-in closet, and an elegant en suite bath. A finished lower-level bedroom with its own bath and private entrance offers flexible space ideal for a media room, home office, studio, or guest space. Additional highlights include wood and tile flooring throughout, attractive landscaping, a security system, two off-street parking spaces, and energy-efficient certification through Build Green New Mexico (ANSI Standard) and LEED-H. Enjoy easy access to nearby shopping, dining, theaters, museums, and galleries in one of Santa Fe’s most desirable neighborhoods.

$1,235,000 - Santa Fe, NM

220 1/2 Mckenzie Street Santa Fe, NM - **Calling All Investors and Buyers! Turnkey Luxury Condo, Proven Income Generator, and Ideal Pied-à-Terre in the Heart of Downtown Santa Fe** Welcome to Black Mesa, a stand-alone, move-in ready luxury condominium that effortlessly blends timeless Santa Fe charm with modern elegance. Perfectly positioned in the heart of downtown Santa Fe, this exceptional property boasts one of the most coveted locations in the city—just blocks from the iconic historic Santa Fe Plaza and surrounded by the vibrant energy of the Business Capital District (BCD), with the added benefit of BCD zoning. Currently, the top-performing short-term rental in the Adobe Star Properties portfolio, Black Mesa generated an impressive $83,000 in gross revenue in 2024. Please note: extended days on market are due to limited showing availability from its high occupancy. Inside, you’ll discover a beautifully curated 2-bedroom, 2-bathroom retreat featuring artisan details throughout. The gourmet kitchen is equipped with stainless steel appliances, custom cabinetry, and rich finishes. French doors in both the living and dining areas open to a private, shaded patio and front portal. The spacious living room is anchored by a cozy wood-burning fireplace and adorned with hand-carved beams, intricate tilework, and luxurious diamond plaster walls. The home’s thoughtful layout separates the two en-suite bedrooms for optimal privacy. The primary suite includes a sitting area, walk-in closet, and spa-inspired bath. Modern comfort is ensured with forced-air HVAC heating and cooling, supplemented by a mini-split system. Whether you’re seeking a full-time residence, a part-time escape, or a high-performing investment property, Black Mesa is a rare opportunity to own a luxurious home in the cultural heart of Santa Fe.

$1,200,000 - Santa Fe, NM

112 A&B Camino Mattias Santa Fe, NM - Cool, retro mid-century modern duplex with vaulted ceilings. Live in one and rent the other or use as a main house/guest house. Perfect for multi-generational living, aging in place or living next door to your sweetie. Plaza Del Monte subdivision is a gated subdivision in downtown Santa Fe, across the street from Ft Marcy Park. Bring the shine back to this beauty and live the coveted, walkable Santa Fe lifestyle.

$1,150,000 - Santa Fe, NM

229 Mckenzie Santa Fe, NM - Discover the essence of Santa Fe living at its finest in this beautifully remodeled historic gem, ideally situated just one block from the iconic Eldorado Hotel and mere steps from the bustling Santa Fe Plaza. This exceptional downtown property seamlessly blends turn-of-the-century charm with contemporary luxury, boasting four elegantly appointed bedrooms, each featuring its own private en-suite bathroom, one of which is highlighted by a luxurious tub and fireplace. Two bedrooms offer the additional convenience of private entrances, perfect for guests or flexible living arrangements. Currently thriving as a sought-after vacation rental with impressive revenue , this versatile home has also successfully operated as a bed and breakfast, thanks to its advantageous BCD zoning. Whether you envision a private residence, boutique office space, or a continued income-generating Airbnb investment, this property delivers unmatched flexibility and opportunity. Immerse yourself in Santa Fe’s vibrant culture, enjoying easy access to summer concerts, premier events, renowned dining, and art galleries—all within walking distance of your doorstep. Invest in a piece of Santa Fe’s storied history and let this downtown treasure fulfill your residential dreams or financial aspirations.

$1,128,600 - Santa Fe, NM

343 E Alameda Santa Fe, NM - Premier free-standing retail/office building, ideal for an owner-user. Situated near the heart of Downtown Santa Fe along the tranquil Santa Fe River, the property features a charming reception area with a fireplace and viga ceilings, four private offices, and two in-suite restroom, and a large conference area and break room. There are four off-street parking spaces with easy accessibility. Prominent signage and excellent visibility fronting East Alameda. BCD zoning allows for an array of uses—from retail/gallery to general office—or it can be converted into a private residence. Don't miss this rare opportunity to own a versatile property that combines historic charm with modern convenience in the heart of Santa Fe.

$1,100,000 - Santa Fe, NM

1323 Paseo De Peralta Santa Fe, NM - Price reduced from $1,250,000 to $1,100,000!!! Great location in downtown Santa Fe on Paseo de Peralta across the street from the State Capitol, close to the Santa Fe Plaza, the Santa Fe Railyard District, Ohori's Coffee, Cafe San Martin etc. C-1 zoning allows uses including office, residential, educational, religious, and more. Backs onto the acequia. Good visibility to passing traffic on Paseo de Peralta with easy access with 12 parking spaces. Multiple offices and conference rooms. Leased to office tenant until May 31, 2025. Hardwood floors, vigas/beams, Santa Fe style interior.

$1,099,000 - Santa Fe, NM

407 Michelle Ct Santa Fe, NM - Beautifully Remodeled Townhome Minutes from the Plaza. Located in the highly desirable Pentastar Estates, just minutes from downtown Santa Fe and the historic Plaza, this updated 3-bedroom, 2-bathroom townhome blends Santa Fe charm with modern upgrades in one of the city’s most convenient and peaceful neighborhoods. Spanning over 2,000 square feet, the home offers a welcoming floor plan filled with natural light and thoughtful design. The living room features soaring ceilings with classic vigas and a cozy kiva fireplace, seamlessly connecting to a formal dining area and a generous eat-in kitchen with a bright breakfast nook—perfect for entertaining or everyday living. Use one of the bedrooms as a dedicated office/study to provide ideal space for remote work or a quiet retreat, while the split-bedroom layout ensures privacy and comfort for both residents and guests. The home has been tastefully updated throughout, including a remodeled guest bathroom, refinished kitchen cabinetry, a new custom wood front door, a modern glass slider that opens to the private brick patio, and fresh paint throughout the interior. The landscaped courtyard and rear patio provide tranquil outdoor living areas. Additional highlights include a 2-car attached garage, a separate laundry room, and low HOA dues. Tucked away in a quiet, well-maintained neighborhood with easy access to local shopping centers, restaurants, and Santa Fe’s top cultural destinations, this townhome offers the ideal blend of style, location, and livability. Don’t miss the opportunity to own a move-in-ready gem in one of Santa Fe’s most sought-after locations.

Zip codes 87501 listings for sale

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