Home Buying in Santa Fe>Question Details

beachyjean, Home Buyer in Santa Fe, NM

I notice there are always so many homes for sale in Eldorado, why is this?

Asked by beachyjean, Santa Fe, NM Wed Oct 17, 2012

--
This question was asked from this property: http://www.trulia.com/property/3090018289-1123-N-Luna-Cir-Sa…

Help the community by answering this question:

Answers

7
Emily Medvec’s answer
BEST ANSWER
Eldorado is one of Santa Fe's popular subdivision communities. I see the property you referenced was in town in one of our established subdivisions, Casa Solana close to the Plaza. The difference between the two is often location, size of lot and age of homes.

As for why there are so many for sale in Eldorado, I would say the subdivision is larger than any within the city limits. The majority of the nearly 3000 lots have homes.

If you have questions about prices or market trends, send an email for our current Santa Fe Properties market analysis and trends. If you want to see all homes currently on the market in Casa Solana or Eldorado, visit my web site at http://www.emilymedvec.com for a one click fast and easy summary.

Emily Medvec, CRS, RSPS
Santa Fe Properties
505-660-4541
emilymedvec@gmail.com
Web Reference: http://www.emilymedvec.com
1 vote Thank Flag Link Sat Nov 10, 2012
I'm not sure, is it true that the lack of water situation may be a problem in the near future?
0 votes Thank Flag Link Thu Mar 7, 2013
Dear BeachyJean.

Thank you for your question. Eldorado is a search area in addition to being a fairly large subdivision southeast of Santa Fe. Because of its relative commute, the size of the lots and the sizes of the homes, it is easy to see why there are so many homes moving through the market in that area.

Are you interested in a particular home or just curious? I am available if you would like to see specific homes, get an idea of what is truly available, not just the list price. These are mostly custom built homes in the area, so it is quite unique in that respect. Country living, close to town. You have the best of both worlds.

Let me know how I can help you. You are welcome to visit my website at: http://www.santafehomepropertysearch.com/


Karen L. Boggs
Ken Ahler Real Estate Co., Inc
1435 S. St. Francis Drive
Santa Fe, NM 87505

(505) 699-3702 Direct

(505) 989-7573 Office
0 votes Thank Flag Link Sun Dec 2, 2012
I lived in Eldorado for 5 years before the year 2000. The community is pretty, nice houses, good walking paths, big lots. Mostly newcomers to Santa Fe, from other states. People came to find nervana, and seemed to find isolation. At that time the community was heavily run by real estate agents (i.e. on the board of directors). Whose main interest seemed to be to keep the community looking clean and (re)salable.
I do not know if things have changed since.
0 votes Thank Flag Link Fri Nov 30, 2012
Thank you for your info. It sounds like you have moved away from Eldorado. Was it the isolation? Did you move closer to town?
Flag Sat Dec 1, 2012
Eldorado at the moment has 44 active listings with an additional 24 properties under contract, or pending sale. There have been 65 sales in the last six months, so we're in a particularly "hot" period for sales right now.

The actual Eldorado Community has about 2718 lots, with the largest number of these built on already. There are only a few handfuls of vacant lots still there. There are give or take 6 thousand folks living in Eldorado. Homes built are about 2650.

As for the real estate market there, it is hopping!
0 votes Thank Flag Link Sat Nov 10, 2012
if only i could find nice ones there under 200k
0 votes Thank Flag Link Sun Nov 4, 2012
They are the best values right now. So they sell!
0 votes Thank Flag Link Sun Oct 28, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer