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220 and 224 W Manhattan Ave

$4,499,000

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…

Key Features

MLS: 202403121

List Date: 07-26-2024

Status: Active

Area: Southeast City, North

Type: Commercial

Acres: 0.55

Presented By

Photo of Cindy Sheff

Cindy Sheff

505.470.6114

Photo of Michael Sanford

Michael Sanford

505.916.6644

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.

Additional Features

Days on Market:148

Lot Features:Split Possible

Property Type:Commercial Building

Utilities:Electricity Available

Water Source:Public

Zoning:BCD

About the Neighborhood

Southeast Santa Fe Homes & Land for Sale

Southeast Santa Fe spans not only an enormous area but an expansive range of home styles and atmospheres.

From traditional, historic adobes in centuries-old neighborhoods to contemporary homes perched high above the valley floor with views of the Sandias to mountain idylls suitable for horses, the southeast has variety.

Schools

Listing Brokerage

IDX listing

Leslie Gallatin-Giorgetti

Keller Williams Realty