208 W San Francisco and 207/211 W. Water Street

Roald Dahl once wrote excellent advice about finding the gems of the world: "And above all, watch with glittering eyes the whole world around you because the greatest secrets are always hidden in the most unlikely places. Those who don't believe in magic will never find it." This "secret" residential building--hidden in the heart of historic downtown Santa Fe just a block and a half from the Plaza--rises above the shops, offering a way of life reminiscent of that lived in Europe's most alluring, bustling cities. A portion of the building was constructed in 1845 and it stretches across to Water Street and a newer portion that dates to 1986. The property has been owned and managed by the same family since 1945, and the lucky new owner will acquire 27 residential units, including studio apartments and a two-bedroom penthouse, and two prime high-visibility street-level retail spaces steps from the Plaza--one on well-trafficked San Francisco Street and another on West Water Street. All residences have kitchens, some have fireplaces and views, and all benefit from the unparalleled location. The handsome one-car garage is ideal for a staff vehicle, and the adjacent municipal lot fulfills tenants' needs.