Charming and versatile single-level home nestled in the highly sought-after Casa Alegre neighborhood. Back on the market with significantly improved price. This property stands out as a unique opportunity, featuring multiple living areas and exceptional flexibility for the modern homeowner. This generous residence offers three bedrooms and two bathrooms, complemented by a large heated and finish open area. The oversized bonus space features direct access, presenting enormous possibilities. It's perfectly suited for a private art studio, home occupancy business, large gym, or a dedicated multi-generational living suite. The interior includes dedicated family, living, and dining rooms, all boasting beautiful hardwood flooring throughout the main living areas. Santa Fe Lifestyle at Your Doorstep. Enjoy true convenience with easy access to local shopping and dining. Best of all, the home is ideally situated near the Santa Fe River Trail and the Acequia Trail, providing direct, car-free routes straight to the vibrant Railyard District and historic downtown. The property features a spacious, fenced backyard and a covered portal, creating an ideal setting for outdoor entertaining and relaxation. Enjoy year-round comfort with reliable hot water baseboard heating and evaporative cooling.This motivated seller opportunity won't last long--schedule your showing today!