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$ 3,995,000
Est. payment | /mo
0.55 Acres Lot
$ 3,995,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202403121
HOA Y/N No
Year Built 1823
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Commercial
Property Description
The Parador, a boutique hotel with a rich history located in beloved Santa Fe, NM, an internationally prized destination in the Mountain Southwest. The Parador is housed in the remaining parts of what was a 200+ year old farm with a vibrant past, tucked away on West Manhattan and walking distance to the Plaza, Canyon Road and the Railyard District.
The hotel offering has 15 rooms, with an additional Gift Shop Building which could be transformed into 2 Luxury Suites or reimagined as a spa or restaurant. The property was lovingly renovated and restored by renowned designers who acquired it in 2018. Care has been taken to respect the building's authenticity, revealing its history while incorporating heirloom quality and contemporary style. The owners have spent the last years renovating, reconstructing and rebranding the assets.
The Farmhouse was built at the turn of the 19th-century when New Mexico was still under Spanish rule. The double adobe structure served as a family home for over a century and a half, undergoing its first remodel in the early 1900's with Victorian details added throughout the home. In the 1960's, at the peak of the Rainbow Coalition's gatherings in the surrounding areas, the space became a religious commune at which point the barn and stables were adopted and transformed into living quarters. As a commune, all that were hungry or in need of a bed were welcome. It wasn't until the late 1970's that the second story was added in Northern New Mexico Territorial style; entering into its new life as an inn. The Parador is a wonderful property with a rich history that offers a wonderful opportunity to add more value and operate as a cash flowing hotel.
The hotel offering has 15 rooms, with an additional Gift Shop Building which could be transformed into 2 Luxury Suites or reimagined as a spa or restaurant. The property was lovingly renovated and restored by renowned designers who acquired it in 2018. Care has been taken to respect the building's authenticity, revealing its history while incorporating heirloom quality and contemporary style. The owners have spent the last years renovating, reconstructing and rebranding the assets.
The Farmhouse was built at the turn of the 19th-century when New Mexico was still under Spanish rule. The double adobe structure served as a family home for over a century and a half, undergoing its first remodel in the early 1900's with Victorian details added throughout the home. In the 1960's, at the peak of the Rainbow Coalition's gatherings in the surrounding areas, the space became a religious commune at which point the barn and stables were adopted and transformed into living quarters. As a commune, all that were hungry or in need of a bed were welcome. It wasn't until the late 1970's that the second story was added in Northern New Mexico Territorial style; entering into its new life as an inn. The Parador is a wonderful property with a rich history that offers a wonderful opportunity to add more value and operate as a cash flowing hotel.
Location
State NM
County Santa Fe
Zoning BCD
Interior
Fireplace No
Exterior
Utilities Available Electricity Available
Water Access Desc Public
Building
Lot Description Split Possible
Water Public
Others
Tax ID 99307240, 12167552
Acceptable Financing Cash, Conventional, 1031 Exchange, New Loan, Owner Will Carry, Other, See Remarks
Listing Terms Cash, Conventional, 1031 Exchange, New Loan, Owner Will Carry, Other, See Remarks
Listed by Leslie Gallatin-Giorgetti • Keller Williams Realty
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Sabine Lauer
Broker Associate | License ID: 53656
150 Washington Ave., Suite 201, Santa, Mexico, 875, United States