Condo for sale: $669,000 – 1340 Avenida Rincon UNIT 301, Santa Fe, NM 87506

Now with substantial concessions to a buyer (see below and broker remarks) and in one of the most tranquil locations within Zocalo, this second-floor, three-bedroom, two bath condominium sits within the Zocalo community, designed by Mexican architect Ricardo Legoretta. It showcases his angular, modern, colorful flair, with vivid colors and a contemporary twist on Spanish elements. This unit offers bamboo floors and enhanced, sleek wall finishes — and is in pristine condition. With views toward the western mountains, it overlooks Zocalo’s ‘private’ arroyo, a perfect open space for dog walks or impromptu talks with neighbors. The area is crisscrossed with miles of trails and, up the hill, connects to the city’s La Tierra trail system. CONCESSION TO BUYER #1) With acceptance of a $669,000 contract and closing before 12/31, seller offers a 2-1 mortgage-rate buydown on an 80% loan of up to $535,200.00. This saves buyer about $679 per month in year one and $348 per month in year two. This concession is worth about $12,330. CONCESSION TO BUYER #2: Also with acceptance of a $669,000 contract and closing before 12/31, the seller will credit at closing 50% of year-one HOA dues: a total of $4,494.

$669,000

1340 Avenida Rincon UNIT 301, Santa Fe, NM 87506