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NEWS Flash:
Read about the real estate economic update...»
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"Hot" property offering - 3 Live/Work Units #74, #75, & #76 competitively priced together at $2,375,000 !
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In response to requests by several recent restaurant candidates, three contiguous live work properties within the Live/Work 7478 building are now offered for sale together. These three properties offer an unparalleled business opportunity for a qualified restaurant entrepreneur.
For details, read more about this offering ... »
Call to view:
505.603.9300
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Luxury Live/Work Unit 17 (3 stories) - Price REDUCED !!! $695,000.00
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Experience luxury Live/Work Loft lifestyle in the spirit of old Santa Fe at the only mixed-use New Urbanist village on Santa Fe’s prestigious northwest side. Enjoy Santa Fe pueblo style architecture and a premiere commercial plaza level storefront framing the west side of the quaint civic village plaza at Aldea de Santa Fe. Savor panoramic views of the Santa Fe ski basin to the east, Sandia Mountains to the South and Jemez Mountains to the west.
Penthouse residential 3rd floor offers 2 master suites, granite counter tops, kitchen pantry, plaster walls, vigas ceilings, brick floors, whirlpool tub, 2 wood burning fireplaces, large patio terrace and a covered deck overlooking the plaza.
Illuminated with east, south and west light, the large commercial plaza level offers a traditional storefront portal, brick floors, high ceilings, wood burning fireplace, south deck and state-of-the-art cable or fiber optic ethernet connectivity.
Heated mixed-use alley level offers a 2 car garage plus workshop, studio &/or living area potential.
This 3 story luxury loft has the following features:
- 2 master suites, one on the east side and one the west side
- 3 wood burning kiva fireplaces
- Granite countertops
- Whirlpool tub in west master bathroom
- Walk through closets
- Open kitchen, dining living room
- Brick floors throughout
- Plaster walls
- Covered east deck with views of the Santa Fe ski basin mountains
- Large west facing deck with 180° views
- Commercial plaza level space with access on both east & west sides, great views, large windows, & bathroom
- 2 car garage and workshop area that can be an additional living area
- Large over-sized roll up glass garage door
- Interior size total: 3,660 sq.ft.
- Exterior decks: 445 sq.ft.
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LiveWork Loft 76 3rd Floor
Unit 17-3 Residential Use
The 3rd floor includes residential space for Live/Work Loft 76 with expansive mountain views, multiple decks and optional connections to lower level spaces.
3rd Floor features:
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2 master suites, main mastery suite on west side, secondary master suite on east side
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2 full baths, west mastery suite has whirlpool tub and separate shower, secondary master suite bath has shower
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2 wood burning kiva fireplaces
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2 large decks east & west views
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1,335 sq. ft. on this 3rd floor level
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Select the floor plan above for larger view |
LiveWork Loft 76 Plaza Level
Unit 17-2 Commercial Use
The plaza level (2nd floor) of Live/Work Loft 76 offers flexible commercial opportunities.
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1,375 sq. ft. commercial space
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East plaza entrance & west alley entrance
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Large glass doors to southwest deck & west views
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Bathroom with ADA fixtures
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Wood burning kiva fireplace
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Select the floor plan above for larger view |
LiveWork Loft 76 Alley Level
Unit 17-1 Commercial Use
Alley level (1st floor) is adjacent to a terraced garden and can be used as a resident artist studio with off-street parking including a garage.
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Many options/combinations are available for purchase with this unit.
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Select the floor plan above for larger view |
NEWS Flash:
2010 Economic Real Estate Sales Increase
- The National Association of Realtors (NAR) reports that vacation home sales are up nearly 8% and that 70% of these sales in 2009 were in the South & West regions of the country.
- The U.S. Department of Commerce reports: the sales nationally of newly built homes shot up 27% in March, the largest monthly gain since 1963! In Santa Fe, home sales in the first quarter of 2010 were up by 16% over the same period in 2009.
- The Commerce Department reports: the pace of new construction nationally rose roughly 2% from February to March and applications for building permits rose 7.5% in the same period (the highest level since October 2008.) This is a good indicator of future activity.
- Fannie Mae, the national mortgage lender, suggests in their April 2010 Economic Outlook report, that June 2009 was the end of the recession & that current key indicators for existing home sales, including pending home sales and purchase applications, are picking up substantially.
- Fannie Mae’s May National Housing Survey shows: 65% of Americans still prefer owning a home; 64% think it is a good time to buy a house; 73% think housing prices will go up or stay the same; and 70% said they believe buying a home continues to be one of the safest investments available.
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A few reasons why buying a Live/Work Loft is a great investment on Aldea Plaza
Live/work properties can be a great investment for small business owners or people who need extra space for hobbies, fitness equipment and/or entertainment areas. Purchasing a live/work unit has many advantages:
1. Separate Home & Business without the commute!
Live/work units allow you to keep your business and personal living spaces separate. Customers or clients enter into the work space and are separated from the living space by a door or stairway. Live/Work Unit 17 has 3 levels & 4 entrances. Living level is on the 3rd floor (a world away & above the business levels) with 360 degree views, while the business levels are located on the plaza & alley levels.
2. Space for Employees
Live/work units often contain space and amenities for employees, something most home based offices do not offer. Even if clients never visit your office, a live/work property can provide a professional place for your employees to work, while at the same time keeping your living space private. Live/Work Unit 17 also has the ability of adding a separate living/guest/employee rental.
3. Communication with other Professionals
Live/work properties are usually located in a community consisting of other professionals. Live/work spaces make it convenient to network with other business owners and professionals. Aldea is a mixed use community of residential & commercial neighborhoods with very successful businesses already located around the plaza & in the community.
4. Live/Work Units are Cost Effective
Office space is often more expensive to rent, especially if one considers the cost of home rent or mortgage. A live/work property offers two spaces for the overhead of one. You can save on tax write-offs, utility costs, gasoline and commute time! Live/Work Unit 17 is priced below replacement cost making the savings even greater!
5. Extra Income
Live/work properties are great investments. The separate exits and entrances make it possible to sublet the work spaces, the living space or all together. Live/Work Unit 17 has the ability to rent out the 3 separate levels & multiple floor plan configurations for various tenant uses.
6. Ground Floor Opportunity
Aldea's unique commercial Plaza is located on the prestigeous northwest side of Santa Fe, with a business center surrounded by a built-in clientele of upscale demographic neighborhoods that are currently without goods & services. LiveWork Units 17 & 19 have the capabilities of providing a quality restaurant &/or grocery market, the most desired businesses requested by Aldea residents & surrounding communities.
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Call for more information: 505.603.9300
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