237 E Palace AVE Pending

Santa Fe,NM 87501

$ 2950000

3 Beds

3 Baths

5760 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 5,760 sqft

Price per Sqft $512

MLS Listing ID 202501389

Style Territorial

Bedrooms 3

Half Baths 1

Three Quarter Bath 2

HOA Y/N No

Year Built 1876

Lot Size 0.590 Acres

Acres 0.59

Property Sub-Type Single Family Residence

Property Description

237 E Palace Avenue – A Rare Historic Treasure in the Heart of Santa Fe. For the collector of legacy, the builder of distinction, and the seeker of permanence, 237 is an offering of remarkable pedigree and potential. Nestled in the cultural heart of Santa Fe and steeped in New Mexico's artistic and architectural lineage, this historic 1880s adobe—most recently home to the acclaimed Peyton Wright Gallery—invites a transformative vision: the creation of a world-class residential estate behind one of downtown's most storied façades. Imagine 5,760 square feet of elegant, adaptive space with a voluminous second floor perfect for a private primary suite, art studio, or retreat. The current configuration—meticulously renovated in 1998 to preserve architectural integrity while supporting gallery use, features wide galleries, high ceilings, and open circulation—lending itself naturally to a bespoke luxury residence, Live/work collector's space, or discreet family compound with ample room to build a guest casita or carriage house on the .59-acre lot. This is more than a property—it is a cultural artifact and a blank slate, ready to be shaped by a sophisticated hand. Whether you are seeking a singular private residence, a refined downtown pied-à-terre, or an architectural resurrection for the next generation, 237 E Palace Avenue is that rare opportunity where heritage, scale, and location converge.

Location

State NM

County Santa Fe

Zoning BCD,Historic

Interior

Interior Features Interior Steps

Heating Radiant

Cooling Central Air,Refrigerated

Flooring Tile,Wood

Fireplaces Number 2

Fireplaces Type Wood Burning

Fireplace Yes

Appliance Gas Cooktop,Refrigerator

Exterior

Utilities Available Electricity Available

Water Access Desc Public

Roof Type Other,Pitched,See Remarks

Accessibility Not ADA Compliant

Total Parking Spaces 30

Private Pool No

Building

Entry Level Two

Foundation Basement

Sewer Public Sewer

Water Public

Architectural Style Territorial

Level or Stories Two

Schools

Elementary Schools Carlos Gilbert

Middle Schools Milagro

High Schools Santa Fe

Others

Tax ID 010513536

Acceptable Financing Cash,Conventional,1031 Exchange,New Loan

Listing Terms Cash,Conventional,1031 Exchange,New Loan

Special Listing Condition Standard

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