$576,962Average Value$392Average Price per Sq Ft2Homes For Sale
Up-and-coming community a walk from the Santa Fe Plaza
On the western edge of Downtown Santa Fe, La Madera is an up-and-coming suburb bound by three major thoroughfares — Alameda Street, Saint Francis Drive and Agua Fria Street — and known for its accessibility. “Lots of younger people are moving into the area because you can walk right to downtown and the Railyard," says Jeff Saiz, a Santa Fe local and Associate Broker with Donna Saiz Real Estate Group, "and it’s affordable if you have the money for renovations.”
Like neighboring Historic Guadalupe and the Baca Railyard District, La Madera first blossomed in the early 1900s, when the Santa Fe Train Depot opened; the area’s blue-collar population grew along with the railyard itself, but when reliance on the railroad industry declined in the 1930s and ‘40s, the neighborhood fell on hard times. By 1987, the City of Santa Fe began revitalizing the Santa Fe Railyard area, and since the Railyard Arts District’s grand opening in 2008, La Madera has continued to grow and redevelop. “It’s a traditional area, but it’s definitely changing,” explains Saiz. “It used to be a rough part of town, but it’s now experiencing a lot of upgrades.”
Santa Fe homes and fixer-uppers at area-low prices
Strewn along winding, busy roads, La Madera’s Santa Fe-style homes are secluded behind coyote fencing and tall adobe walls. Built between the 1920s and ‘50s, these homes share common features like earthtone stucco or adobe exteriors, colorful wood molding, and flat roofs with metal overhangs. Most have between one and four bedrooms and sit on lots ranging between 5,000 and 10,000 square feet. Because La Madera is amid revitalization, many of the properties here have long been vacant and are in need of repair. Prices for fixer-uppers range from $325,000 to $560,000, depending on a home's number of bedrooms; renovated homes range from $760,000 to $900,000, depending on lot size.
Vacant parcels of land are also available here along the Santa Fe River, making in La Madera one of the last downtown areas available for development. Prices vary greatly depending based on size; quarter-acre lots can fetch $360,000, while 2-acre lots can cost nearly $1.5 million.
Because La Madera is amid revitalization, many of the properties here have long been vacant.
Depending on a home's number of bedrooms in La Madera; homes range from $760k to $900k.
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Surrounded by thoroughfares and pedestrian-friendly streets
La Madera’s location a mile west of Downtown Santa Fe is an area draw, and Alameda Street’s bike lanes and sidewalks lead pedestrians directly to the city center. La Madera also sits right on Saint Francis Drive, which leads 3 miles south to Interstate 25, through the center of the city. The CHRISTUS Saint Vincent Regional Medical Center is just over 2 miles south, and the Santa Fe Regional Airport is 14 miles west.
Walkways leading into the Plaza have historic artwork lining the paths in La Madera.
Dozens of stores allow for all day shopping sprees in La Madera.
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Downtown Santa Fe, New Solana, and the Siler District
Santa Fe’s eclectic shopping and dining scene surrounds La Madera. “The New Solana Shopping Center is just north across Alameda Street, and you can follow the Santa Fe River downstream toward the Siler District where Meow Wolf is or upstream toward the Plaza,” Saiz says. At the New Solana Shopping Center, the La Montañita Co-op is a community-owned grocery store and natural foods market, and Betterday doubles as a thrift store and coffeehouse. Around 3 miles west in the Siler District, Meow Wolf is an interactive art gallery filled with neon-lit forestscapes and colorful sculptures of woodland creatures. The Santa Fe Plaza a mile east is home to the famous Shed, a cantina-style bar set in an 18th-century hacienda, as well as the independent bookshop and cafe Collected Works.
Alto Saint Park and the Santa Fe River Trail
Alto Saint Park stretches over 15 acres along the Santa Fe River, its lush grounds often busy with group yoga sessions and dog walkers. The Alto Street Community Garden here is filled with fresh chiles and tomatoes, and the park’s baseball fields and tennis courts are favorites among locals. The Santa Fe River Trail crosses through Alto Saint Park and spans nearly 10 miles across the city, linking its neighborhoods and parks along the way.
Santa Fe Public Schools
Local kids can attend Santa Fe Public Schools, including Aspen Community Magnet, which serves kindergarten through Grade 8, and is rated C by Niche. Students can then continue to the A-minus-rated Santa Fe High, where athletes can join the school's long legacy of 28 state championship-winning teams.
Weekly events at the Santa Fe Railyard
The neighboring Railyard Arts District hosts events every week. On Saturdays, the Santa Fe Farmers Market attracts dozens of vendors to the market hall’s stalls, where they sell everything from raw honey to exotic mushrooms. On the final Friday of the month, the Art Walk invites visitors to go museum hopping between the district’s galleries, including the hypermodern Art Vault and the regionally focused Blue Rain Gallery.
A couple shares a walk through the Railway district in La Madera.
Santa Fe's history is very much centered around the use of the railway.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Francesca Rodriguez,
an experienced agent in this neighborhood.
Parks in this Area
Bicentennial Park
Santa Fe River Park West
Transit
Airport
Santa Fe Regional
20 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
La Madera
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
5
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
6
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in La Madera, Santa Fe sell after 74 days on the market compared to the national average of 47 days. The average sale price for homes in La Madera, Santa Fe over the last 12 months is $633,900, up 4% from the average home sale price over the previous 12 months.
Welcome to this charming home featuring 2 bedrooms and an upstairs bonus room complete with a balcony, perfect for enjoying the views. The property includes a detached oversized 1-car garage, with additional parking behind the fully fenced yard. TPO roof. This home is ideally located just a short distance from the vibrant Santa Fe plaza and downtown area, offering easy access to local shops,
Attention savvy builders and investors: Prime in-town lots available for constructing two high-end condos, complete with elevations and floor plans. Located in a very urban and contemporary enclave with pristine existing condos, these are the last lots available for development. Situated next to Santa Fe's River Walk and Alto Street Park, and within easy walking distance to the vibrant Guadalupe
Interested in learning more about homes in this area?
Reach out to
Francesca Rodriguez,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
727
Median Age
46
Population under 18
13.6%
Below the national average
23.8%
Population over 65
24.6%
Above the national average
19.1%
Finances
Median Household Income
$46,075
Significantly below the national average
$71,702
Average Household Income
$52,554
Education and Workforce
High School Graduates
88.1%
College Graduates
49.2%
Above the national average
34.1%
Advanced Degrees
15.1%
On par with the national average
13.3%
% Population in Labor Force
66.4%
Weather
Annual Precipitation
15''
Average Winter Low Temperature
17°F
Average Summer High Temperature
86°F
Annual Snowfall
41''
Area Factors
Biker's Paradise
Bike Score®
90/ 100
Very Walkable
Walk Score®
80/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
