$649,900

506 Lolita Street, Santa Fe, NM 87501

  • 1 bed |
  • 1 bath |
  • 962 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1934
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $676/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

Rare opportunity to own a property with potential for 2 living units in the Historic Guadalupe neighborhood, just 2 blocks from the Rail Yard. This .14 acre lot features a fully renovated and updated 1 bedroom 1 bathroom casita on Lolita street. Turnkey home with full kitchen, quartz countertops, hardwood floors, kiva fireplace and Venetian plaster walls, and full bath with tankless water heater & deep soaking tub. Facing Paseo de Peralta are the remnants of an historic adobe home, built in the 1930s and owned by the Baca family. The adobe shell once surrounded an approximately 1500 sq foot house with a large below grade basement that is now ready for rehabilitation and revitalization. With its existing walls, garage / studio space and city utilities, this is an excellent opportunity for an infill project to build a second home in an ideal location within walking distance of restaurants, coffee shops, brew pubs, galleries, shopping, farmer’s market, event spaces and more. Zoned R7-R8 and located just outside of the Historic District. With options for residential income and business opportunities, this surviving piece of history holds the key to a convenient and comfortable city center lifestyle with easy access to so many amenities. Schedule a private tour to see what makes this such a special site for a home in the heart of Santa Fe.

Listing Status:
Active
Date Added:
May 14, 2025 at 05:00AM
Listing Office:
EXP Realty : (505) 554-3873
Listing Agent:
Lance Lewis : (505) 818-1782
MLS ID:
202501866
  • General: Beamed CeilingsNo Interior Steps
  • Appliances: DryerDishwasherOvenRangeRefrigeratorWasherTankless Water Heater
  • Flooring: TileWood
  • A/C: DuctlessRefrigerated
  • Heating: DuctlessFireplace(s)
  • Fireplace: KivaFireplaceFireplaces: 1
  • Disability Feature: Not ADA Compliant
  • Eco/Green Feature: Water Heater

This listing courtesy of Lance Lewis, EXP Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gonzales Elementary School

851 W Alameda St, Santa Fe, NM, 87501

Grades KG-8

0.53 miles away

G

Gonzales Elementary School

851 W Alameda St, Santa Fe, NM, 87501

Grades KG-8

0.53 miles away

S

Santa Fe High School

2100 Yucca St, Santa Fe, NM, 87505

Grades 9-12

2.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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