Real Estate in Santa Fe
Dennis "D.R." Bianchi
505-847-3033505-847-3033

51 PASEO GALISTEO , B, C, D and E, Santa Fe, NM 87508 (MLS # 201905249)

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PRICE $750,000
BEDS 10
BATHS 5 full, 2 half
HOME SIZE n/a
LOT SIZE 2.29 ac

AMAZING INVESTMENT PROPERTY! If buyer rents out the main single-family home income potential is over $5,500/month! Beautiful, private, income-producing compound hidden atop a hill at a dead end on two acres. Very peaceful with a unique country feel; the property is nested in the local flora, enjoys scenic, panoramic views of the Sangre de Cristo, Jemez and Sandia Mountains, and clearly visible starlit nights. The property also backs up to the Santa Fe Trail, making it an ideal home for hikers, adventurers and nature lovers. A country feel home only minutes to i-25 and the plaza downtown. The property includes a main, 2,000 sq. ft., adobe, single-family home, which includes solar panels that brings monthly electric bill to $7, a separate rental triplex with approx. 1,000 sq. ft. in each apartment; the three rental units are currently occupied by three wonderful, long-term tenants on month-to-month basis. Also, triplex has several large storage sheds adjacent. Both the single-family home and three apartments are on a private well. Finally, a large, unfinished, mezzanine garage could be turned into an additional rent-producing guest house or a stable for horses, etc. Potential and investment income for this property is boundless - could be fabulous corporate retreat property! Link to VR tour below: https://my.matterport.com/show/?m=9EuvvQZEYep

DAYS ON MARKET 180 LAST UPDATED 5/6/2020
YEAR BUILT 1970 COMMUNITY 7-South AND West of I-25
COUNTY Santa Fe TOTAL PARKING 5
STATUS Active PROPERTY TYPE(S) Residential, Residential / X-plex

SCHOOLS
Elementary School EJ Martinez
Jr. High School Milagro
High School Santa Fe

PRICE HISTORY
Prior to Apr 8, '20 $790,000
Apr 8, '20 - May 6, '20 $770,000
May 6, '20 - Today $750,000


ADDITIONAL DETAILS
ADA COMPLIANT No
AGREEMENT TYPE Exclusive Right
APPROX. AGE 31+ Years
APX HEATD SQFT-TOT LIV A 000 +, 5
CLASS RESIDENTIAL
COOLING None
ELECTRIC Public, Solar (PV)
FIREPLACES Yes
GAS None
GUEST HOUSE No
HEATING/DISTRIBUTION Active Solar (PV), Electric, Fireplace, Stove - Wood
HOA/COA No
INTERIOR STEPS Yes
JUNIOR HIGH Milagro
LEGAL DESCRIPTION T16N R 9E S15 2 AC SE4-NE4 PORT OF
LEVELS Two Story
NUMBER OF FIREPLACES One
PROPERTY SUBTYPE X-plex
ROOF Flat
SEWAGE Septic
SHORT SALE No
STATUS Active
STUDIO No
STYLE Other - See Remarks
TAX DATABASE ID 1
TAX PROPERTY ID 023496448
TRADE No
WATER Well - Private
WATER RIGHTS Unknown


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Listed with Manuel Anzola, Santa Fe Realty Unlimited

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Berkshire Hathaway HomeServices Santa Fe Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

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