Welcome to Eldorado!
Eldorado, in Santa Fe, New Mexico, is home to some of the most sought-after real estate properties in the county. My name is Lisa Smith and I am a resident and a realtor in this community. I specialize in Eldorado homes for purchase. It is truly a unique community which offers something for everyone: hiking trails, biking, swimming, tennis, basketball, stables, soccer fields, dog park, children’s parks, a 4,000 acre nature preserve and more.
It’s just 20 minutes to the heart of Santa Fe and the art, culture and history our beautiful city offers as well as excellent year-round climate, gorgeous views, clean air and a variety of recreational activities.
There are 2,600 homes on 8,000 acres with about 6,000 residents. Singles, families, artists, couples, sports enthusiasts, writers, historians—you won’t meet a boring person, believe me! Residents have moved here to enjoy the peaceful atmosphere of Santa Fe or just enjoy the beauty of Eldorado.
The homes are primarily pueblo style with a few Northern New Mexico (pitched metal roof) style mixed in.
Eldorado’s Agora shopping center has restaurants, shops and mail services as well as a beautiful landscaped courtyard. Meet your neighbors on the patio at Copa de Oro.
Dues are an extremely low $300 a year and the county maintains the roads. Eldorado also has the top ranked Volunteer Fire Department in the state. Click on covenants for an explanation of the sensible rules and regulations. There are lots of photos to enjoy too.
I would not live anywhere else! Please let me know if you have any questions regarding this wonderful community or the real estate properties available in Eldorado. I would be happy to introduce you to your future home.
Eldorado In Santa Fe Real Estate Report – April – Sept. 2017
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New Eldorado Listing – Open House! 1-3 pm Sunday
Come by and see one of the nicest homes in Eldorado!
Yes, this property really does have it all. Beautifully sited to take advantage of the views of 3 mountain ranges, this 2006 custom built home has gorgeous stained concrete floors throughout, natural gas in-floor radiant heat, 3 car garage and evaporative cooling. Views from every window! Generous chef’s kitchen with hickory cabinetry, large pantry, Wolf 6-burner range, Asko dishwasher and Subzero refrigerator. Spacious master kiva fireplace, walk-in closet and a huge luxury shower. Guest wing has two bedrooms and a beautiful bathroom. Three outdoor covered portals, professionally landscaped with a Koi pond. Rare private well – no water bill. Bonus room off the garage makes an ideal home office. Roof recently upgraded with two-year warranty.
Downtown Santa Fe for 205K!
Lovely El Matador Condo
Delightful and charming downtown Santa Fe, NM condo in El Matador. Great investment property with easy rental potential. Ground level steps from covered parking with two enclosed extra storage closets just for this unit. Plaster walls, nichos, new range, microwave and refrigerator. New countertops in kitchen and bath. New bath vanity. Large covered front portal with multiple seating areas and a new sun shade. BRAND NEW stack washer and dryer. Gorgeous courtyards and common areas. HOA covers roof, stucco, furnace and snow removal. Gated community. Minutes to the Santa Fe Plaza, shops and dining.
Eldorado Real Estate Report – March – August 2017
18 Homes Under Contract
25 Sold
– $219 was the average price per square foot in August. Remember this number depends on a wide range of factors – the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. The smaller the house, the higher the price per square foot. This average has ranged from $198 – $225 in the last six months. Some properties sell for as low as $119 and as high as $294.
****29 were the average days on the market last month. *** The Santa Fe MLS has changed the way Days on the Market are reported. You will see here on the graph that the last 5 months have decreased dramatically. No longer are the days counted in which a property is under contract. Which could be 14-65 days typically. Days on the market are stopped the day a seller accepts an offer.
– 98% is the sales price vs. listing price for August. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 97% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive. The 100% figure takes into account that some homes sold above the listing price.
– 415K was the average listing price last month. The average sales price was 408K.
– 1.3 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood.
If you would like to discuss the current state of the very active Eldorado market, or have questions about this beautiful neighborhood, please let me know.
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Cloud on Avenida Vista Grande
I have never taken a photo of a cloud before, but this one was so unbelieveable. Fifteen year old son said it looked like a nuclear blast, I suggested the mothership landing to take us home.
Amazing Cloud!
Double Rainbow in Eldorado!
We have had some great afternoon rains – this is what happens after.
Double Rainbow in Eldorado
Eldorado Real Estate Report – Feb. – July 2017
Here is the monthly Eldorado Real Estate Report covering the last six months from February through July 2017. Inventory of available properties continues to increase slowly, the rate of sales is brisk. Our neighborhood continues to be popular with folks who appreciate the land, views, biking, hiking and the pool, parks and shopping.
32 Active Eldorado Properties
19 Homes Under Contract
9 Sold
– $192 was the average price per square foot in July. Remember this number depends on a wide range of factors – the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. The smaller the house, the higher the price per square foot. This average has ranged from $173 – $225 in the last six months. Some properties sell for as low as $119 and as high as $250.
****18 were the average days on the market last month. *** The Santa Fe MLS has changed the way Days on the Market are reported. You will see here on the graph that the last 5 months have decreased dramatically. No longer are the days counted in which a property is under contract. Which could be 14-65 days typically. Days on the market are stopped the day a seller accepts an offer.
– 97% is the sales price vs. listing price for July. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 95% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive. The 100% figure takes into account that some homes sold above the listing price.
– 418K was the average listing price last month. The average sales price was 364K.
– 3.6 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood.
If you would like to discuss the current state of the very active Eldorado market, or have questions about this beautiful neighborhood, please let me know.
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Santa Fe in Top 15 of Travel + Leisure Cities in the World
