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$699,000
202603124 MLS
Brazos lodge is a small quaint rustic Lodge in the Brazos canyon ~ 15 miles SE of Chama, NM. If you have been thinking of Living a quiet life in clean air, blue skies, bright starry nights in the cool pines, this is the place for you. Great trout fishing in the Brazos River. Close to the Lodge are the breathtaking Brazos Cliffs. El Chorro is the seasonal waterfall that runs off the Cliffs. It is the highest waterfall in New Mexico. The Brazos Lodge consists of a General Store, a kitchen a stand alone cabin, and 3 units which all share the veranda. It can be set up as a bed and breakfast, coffee shop, small restaurant, tap room, Hunting and Fishing Lodge. There is also a 4-stall garage for all your toys.

7 Private Drive 1759, Chama
$1,600,000
202603109 MLS
FTURNKEY INVESTMENT OPPORTUNITY. KNOCK KNOCK. FOUR DETACHED UNITS ON ONE PARCEL SOLD TOGETHER WITH TOTAL OF 3700 + - SQ FT... UNIT # 1 THREE BEDROOMS , TWO HALF BATHS... UNIT # 2 ONE BEDROOM , ONE FULL BATH CASITA with back yard and New insulated TPO roof. UNIT # 3 TWO BEDROOM ONE BATH with large open air patio. UNIT # 4 TWO BEDROOMS , ONE FULL BATH with back yard. Great location in downtown Santa Fe. Four separate houses located four blocks west of the Santa Fe Plaza. NINE parking spaces. Sewer line replaced in 2019. No deferred maintenance needed. Three of the four units have granite countertops , real oak hardwood floors , and crawl spaces under the house for easy plumbing access. Two units updated in year 2000. Responsible and friendly tenants wish to continue leasing but understand that a new owners may have their own visions and needs. Seller encourages 1031 exchanges. Well priced for the location and condition of property.

224 Guadalupe, Santa Fe
$899,000
202602995 MLS
A rare opportunity to own a fully leased fourplex in one of Santa Fe’s most stable rental corridors. This well-maintained multi-family property features four spacious units, each offering two bedrooms and two bathrooms, designed for long-term livability and consistent income performance. Property Highlights: Four (4) Two-Bedroom, Two-Bath Units, each with gas fireplace and small yard Off Street Parking Generous floor plans with functional layouts ideal for a wide range of tenants. Fully Leased & Producing Income Immediate cash flow with established tenants and strong rental history. Low-Maintenance Investment Prime Santa Fe Location Convenient access to shopping, employment centers, schools, and major roadways. Multi-family inventory in this neighborhood is limited—properties like this rarely come to market. This fourplex is an exceptional opportunity for investors seeking turnkey income, predictable occupancy, and long-term appreciation in one of Santa Fe’s most competitive rental markets. With all units leased and performing, it’s a solid addition to any portfolio—whether you’re expanding or entering the multi-family space.

4301 Calle Andrew, Santa Fe
$895,000
202602973 MLS
Quadplex with very solid earnings in the 2nd street area. Three units are now vacant and ready to be leased. Easy to show three of the four units. Too many updates and repairs to mention here. Please see the included documents. Strong rental history and ease of ownership are hallmarks of this property. The property is HUD-compliant for an FHA Multifamily loan. Call to set up a private tour.

321 Tesuque Drive, Santa Fe
$2,749,000
202602939 MLS
Tierra Sagrada is an extraordinary 3.84-acre adobe sanctuary and retreat compound just 20 minutes north of downtown Santa Fe, offering a rare opportunity for a private estate, wellness retreat, family compound, boutique hospitality venture, or event destination. Rich in authentic Santa Fe character, the property features a six-bedroom hacienda centered around a peaceful courtyard with fountain, multiple shared baths, spacious communal living, dining, and kitchen areas, a separate three-bedroom, one-bath residence, and a remarkable 4,772-square-foot circular adobe sanctuary with radiant in-floor heat, an expansive gathering hall, large kitchen, Japanese-inspired dining area, additional teaching and gathering rooms, treatment or office spaces, and multiple baths. Mature cottonwoods, fruit trees, tranquil fountains, flagstone pathways, and contemplative gardens create an atmosphere of serenity beneath the dramatic backdrop of the Las Barrancas Badlands and the Sangre de Cristo Mountains. Crafted with thick hand-stacked adobe walls, antique doors, and artisan details sourced from around the world, Tierra Sagrada is a one-of-a-kind destination designed to inspire connection, healing, creativity, and community.

18 Destierro Trail, Pojoaque
$750,000
202602946 MLS
Discover a truly distinctive property at 325 Fiesta Street, where classic Santa Fe charm meets contemporary design just minutes from the Historic Plaza. Ideally situated in one of the city's most convenient locations, this exceptional property offers warmth, creativity, versatility, and outstanding investment potential. The inviting two-bedroom, one-bath main residence blends timeless character with thoughtful updates, featuring hardwood floors, a cozy wood-burning stove, and an updated interior that feels both comfortable and refined. The front home also benefits from a recently replaced roof. Completed in 2022, the striking detached casita/studio showcases soaring ceilings, polished concrete floors, loft spaces, expansive windows, and contemporary finishes. Ideal as an artist's studio, home office, guest quarters, wellness retreat, or income-producing rental. A covered breezeway with solar panels connects the two structures, creating an inviting outdoor living space while enhancing energy efficiency. The property also features a new sewer line installed in 2023. Each residence is separately metered with its own utilities, providing excellent flexibility for multigenerational living, rental income, or a live/work lifestyle. The fully fenced grounds offer privacy while remaining moments from Santa Fe's renowned restaurants, galleries, shopping, and cultural attractions. Whether you're seeking a primary residence with creative space, a flexible live/work property, or a standout investment, 325 Fiesta Street delivers a rare combination of character, modern design, valuable upgrades, and an exceptional downtown Santa Fe location.

325 Fiesta Street, Santa Fe
$899,000
202602424 MLS
Sited on Don Felix—one of the Railyard’s most coveted streets—this unique offering includes two condominiums within a three-unit condominium complex. Units A and B are attached and are being offered together as a duplex, presenting a rare opportunity to own an investment property of this character and quality within walking distance of the Railyard District and the Santa Fe Plaza. Unit A welcomes you with a charming front courtyard that sets the stage for the inviting interior. This 1,124 sq. ft. one-bedroom, two-bath residence includes a versatile office/flex room that has been used as an additional bedroom. Rich wood flooring, beamed ceilings, and graceful arches create a warm Santa Fe aesthetic throughout. The light-filled kitchen flows easily into the living areas, while the primary bedroom wing features a spacious walk-in closet and full bath. Unit B is a delightful 582 sq. ft. one-bedroom, one-bath condo with hardwood flooring and an open-concept kitchen, living, and dining area. The kitchen enjoys wonderful natural light and is accented with playful Southwestern tile. The generously sized bedroom includes a walk-in closet and full bath. Together, these attached residences offer flexibility for rental income, multi-generational living, or a private owner’s residence with an income-producing unit—an exceptional opportunity in one of Santa Fe’s most vibrant and walkable neighborhoods.

625 Don Felix, Santa Fe
$675,000
202602407 MLS
Triplex in the heart of the City. Nice compound off Camino Carlos Rey across from Franklin Miles Park. Near schools and shopping. Three units on two city lots (PUD) being sold together only. 2702 has 2 bedrooms, 1 bath, W/D, fireplace and backyard (updated 4 years ago), 2710 has 2 bedrooms, 2 baths, W/D, fireplace and backyard. Long term tenant. 2712 is upstairs and has 2 bedrooms, 2 baths and W/D. Updated last year. All units are separately metered and tenants pay their own utilities. Assigned parking for each unit. Leases run through May 2027.

2702, 2710, 2712 Calle De Oriente Norte, Santa Fe
$1,200,000
202602237 MLS
This property must be sold as a package, but the two parcels can be closed separately, which includes parcel numbers 910016109 & 910016110, and MLS numbers 202602398, 202602397, & 202602237, and addresses 136 E and 138 E Santa Fe Ave, one triplex and one duplex (5 units total). The owner currently has two residential mortgages on the two properties as opposed to one commercial mortgage, as they are two residential parcels. Please inquire to learn more. An excellent opportunity to own multi family in the coveted South Capitol neighborhood of Santa Fe! World class restaurants, art galleries, the historic plaza, all moments away. Live in one unit and rent the others or rent them all out and create some cash flow. The triplex seen here has a 2 bedroom 1 bath unit, and two 1 bedroom 1 bath units. Please see the other listing to view the the duplex, which includes a 2 bedroom 1 bath unit and a 1 bedroom 1 bath unit. The two buildings have shared laundry and shared storage spaces. Beautiful courtyard with mature trees. Loaded with opportunity.

136 & 138 E Santa Fe Avenue, Santa Fe
$700,000
202602397 MLS
This property must be sold as a package, but the two parcels can be closed separately, which includes parcel numbers 910016109 & 910016110, and MLS numbers 202602398, 202602397, & 202602237, and addresses 136 E and 138 E Santa Fe Ave, one triplex and one duplex (5 units total). The owner currently has two residential mortgages on the two properties as opposed to one commercial mortgage, as they are two residential parcels. Please inquire to learn more. An excellent opportunity to own multi family in the coveted South Capitol neighborhood of Santa Fe! World class restaurants, art galleries, the historic plaza, all moments away. The triplex seen here has a 2 bedroom 1 bath unit, and two 1 bedroom 1 bath units. Please see the other listing to view the the duplex, which includes a 2 bedroom 1 bath unit and a 1 bedroom 1 bath unit. The two buildings have shared laundry and shared storage spaces. Beautiful courtyard with mature trees. Loaded with opportunity. Live in one unit and rent the others or rent them all out and create some cash flow.

138 E Santa Fe Avenue, Santa Fe
$500,000
202602398 MLS
This property must be sold as a package but the two parcels can be closed separately, which includes parcel numbers 910016109 & 910016110, and MLS numbers 202602398, 202602397, & 202602237, and addresses 136 E and 138 E Santa Fe Ave, one triplex and one duplex (5 units total). The owner currently has two residential mortgages on the two properties as opposed to one commercial mortgage, as they are two residential parcels. Please inquire to learn more. An excellent opportunity to own multi family in the coveted South Capitol neighborhood of Santa Fe! World class restaurants, art galleries, the historic plaza, all moments away. The duplex seen here includes a 2 bedroom 1 bath unit and a 1 bedroom 1 bath unit. Please see the other listing to view the triplex, which has a 2 bedroom 1 bath unit, and two 1 bedroom 1 bath units. The two buildings have shared laundry and shared storage spaces. Beautiful courtyard with mature trees. Loaded with opportunity. Live in one unit and rent the others or rent them all out and create some cash flow.

136 E Santa Fe Avenue, Santa Fe
$1,210,000
202601858 MLS
Welcome to Cielo Encantado, an extraordinary Santa Fe compound newly returned to the market after a prior transaction did not proceed to closing through no fault of the seller. Now offered below appraised value, the property presents a rare opportunity to acquire immediate equity. The compound includes three residences: main house, guest house and casita. It is ideal for a family compound, second home in New Mexico, or a flexible ownership model where one or two residences may be rented when not in use. The main residence offers the substance and soul of adobe construction, with classic Southwestern lines, handcrafted wood detailing, and elements that speak to another era of Santa Fe living. It is not pretending to be new. It has history, presence, and original character that invites a thoughtful next chapter. A heated pool invites relaxed enjoyment beneath expansive skies, with views of both sunrise and sunset. The private well with generous capacity supports the residences, landscape, pool, and a return to equestrian or small farm use. The equestrian center adds a rare dimension, anchored by an indoor riding arena for riding, training, and use regardless of season or weather. The facilities offer compelling potential for equestrian use, yoga/spiritual retreat use, or an artist's working environment with room to create, store, and manage large-scale installation pieces. The horse facilities have generated steady income through multipurpose use, with separate access that allows this area to function independently from the residences. Longtime residents not found on any survey: the Great Horned Owl and the Ravens who have called this compound home for decades. Their presence gives the land quiet authority, as if the property has always known it was special. Cielo Encantado is a compound, a canvas, and a rare Santa Fe offering with scale, character, and possibility. Horse lovers will see the dream. Investors will see the opportunity. Visionaries see it.

54 Rons Road, Santa Fe
$496,084
202601933 MLS
Just minutes away is the transformative Midtown District redevelopment, a major mixed-use project expected to bring new housing, employment centers, creative office space, parks, and cultural uses to the heart of Santa Fe. This continued investment enhances the long-term growth story for surrounding neighborhoods and increases the desirability of nearby housing. The property consists of three one-bedroom / one-bath units totaling approximately 1,740 square feet on a 0.11-acre parcel. Metrics of investment performance at the ask price of $496,084 and average rents of $1,270 include a GRM of 10.83, a before-reserves cap rate of 5.89%, a price per sf of $285.11, a price per unit of $165,361 with an after-tax IRR of 12.9%.

1607 5th Street, Santa Fe
$465,000
202600807 MLS
Charming Triplex on 5 Beautiful Acres Off Hwy 14. Discover the perfect blend of comfort, flexibility, and opportunity with this thoughtfully designed triplex nestled on 5 picturesque acres just off Hwy 14 in Santa Fe. Whether you’re seeking multigenerational living, rental income, or a place to host guests in style, this property delivers it all. Each of the three apartments has been carefully crafted to offer open, sun-filled living spaces and inviting interiors: Apartment 1: Spacious 2-bedroom, 1-bathroom layout—ideal for families or anyone needing a bit more room. Apartments 2 & 3: Both feature 1 bedroom and 1 bathroom, perfect for tenants, guests, or extended family. Each apartment enjoys an open floor plan that maximizes natural light and flow, creating a bright and welcoming atmosphere. The kitchens provide ample space for cooking and entertaining, and mini-split heating and cooling systems in every unit ensure personalized comfort year-round. Carport for convenient, covered parking. Expansive 5-acre lot offering peace, privacy, and plenty of room to explore. With its thoughtful design and unbeatable setting, this property is a rare find—offering both rural tranquility and modern convenience, with Hwy 14 providing easy access to nearby amenities. Don’t miss out on this unique investment and lifestyle opportunity—schedule your showing today!

124 Turquoise Trail, Santa Fe
$699,000
202601367 MLS
Nestled in a highly desirable area near the Santa Fe Railyard, 710 Oñate Place presents a rare opportunity to own a fully renovated multi-family property with strong income potential. This single-story property features two separate units with private entrances, offering approximately 1,200+ square feet of living space. The property has undergone extensive renovations, including new flooring, updated cabinetry, refreshed plaster, a refinished roof, new AC, and upgraded plumbing and mechanical systems—providing a turnkey opportunity for investors or owner-occupants seeking immediate usability with minimal deferred maintenance. Each unit offers functional, independent living spaces, making it ideal for generating consistent rental income, house hacking, or multi-generational living. The layout supports flexibility in leasing strategies, whether long-term rentals or a combination of owner-occupancy and income production. Located just minutes from the Santa Fe Railyard, downtown, shopping, and dining, the property benefits from strong rental demand and long-term appreciation potential in one of Santa Fe’s most active and growing areas. Additional features include city utilities, off-street parking, and classic Santa Fe character. Whether you’re expanding your portfolio or securing a well-located income property, 710 Oñate Place offers a compelling blend of location, upgrades, and investment upside.

710 Onate, Santa Fe
$798,000
202601364 MLS
Duplex setup with door between which easily makes it a single family. Has been an extended stay rental (30 days +) and long term tenants. Would be a great short term rental. The 1 bedroom is 850 square feet with front and back portals. It has the original oak floors, a cooks kitchen with full size appliances, the bathroom has a shower and soaking tub, the bedroom is 12x12 plus 2 closets. The back unit is the same size, 850 square feet, 2 bedrooms 3/4 bath with double sinks a nice kitchen with movable island with storage. Also includes a nice portal and fenced back yard. There is potential for adding another unit to the property. There is a 6'x20 basement plus accessible crawl space, good place for the utilities, and an attic with 16" of insulation. The remodel was everything, replumbed, rewired, insulated, re-stuccoed, new kitchens baths, doors and windows. The back shed is also nice. If new owner puts in an entry gate it will be completely private and enclosed. EV charger at carport

1417 Agua Fria Street, Santa Fe
$1,250,000
202601256 MLS
Exceptional investment opportunity and multi-generational living property in the heart of Santa Fe! This well-maintained triplex offers three distinct residences, each thoughtfully updated to provide comfort, functionality, and modern appeal. The front home features new flooring, updated countertops, windows, doors, water heater, breaker panel, ProPanel roof, and in-unit washer and dryer. The charming casita has been enhanced with new flooring, cabinetry, windows, plumbing, and an upgraded breaker panel, making it ideal for guests, extended family, or rental income. The spacious two-story main residence showcases new flooring, updated windows and doors, remodeled bathrooms, upgraded kitchen cabinetry, an electric fireplace, and a new breaker panel. Whether you're seeking a strong income-producing property, a multi-generational living solution, or a valuable addition to your investment portfolio, this unique offering delivers exceptional versatility and value. Property includes both 3323 and 3327 Caminito Quintana.

3327 Caminito Quintana, Santa Fe
$1,275,000
202601000 MLS
BEST RESIDENTIAL/COMMERCIAL LOCATION IN LAS VEGAS, NM Zoned R2 + C2 on the Historic Plaza. Exceptional commercial and residential opportunity with 57 ft of glass retail display frontage, 3,000 sq. ft of retail space, and 5,000+ sq.ft. of finished residential with tree covered views of the Historic Plaza Park! Winning the 1996 Historic Preservation Award this prestigious and prominent adobe architectural achievement was built to its preeminent glory in 1870. Built as the 1st catholic church in Las Vegas, New Mexico in 1836 and crowned “The Most Civilized Object in the West.” In 1870 the Dold brothers, German merchants, built the two story adobe around the nave of the church establishing A.Dold & Company/Charles Emil Wesche General Merchandise Store. This 15,000 square feet building is comprised of 3 foot thick adobe walls and two stories (3 levels) standing proud as one of the few two story adobes in the state of New Mexico. Completely restored to its original distinction all while meeting current building codes to include installing custom built french doors and windows; hand crafted balconies, hand made balustrades, new PVC, new wiring, new roof and stucco, new fixtures, new demising walls to shape what is currently a 2,500 +/- square foot residence with gorgeous European style kitchen, living, den with two bedrooms and two baths in the main residence. 3,000 additional sq.ft. of beautifully finished interior living/ office spaces on the 2nd floor for office rental; multifamily use; or develop into wine bar/restaurant/gallery/retail. 3,000 sq.ft. of dedicated store front retail on ground level and 3,600 sq.ft. of developable space inside the pillars on the 3rd floor envisioned to be a spectacular penthouse suite overlooking the park. All original hardwood oak flooring in the retail area, all original fur and maple flooring in the residential areas. Truly one of the most outstanding representations of our New Mexico heritage to ever be offered to the market.

1801 Plaza, Las Vegas
$499,000
202600731 MLS
OPEN HOUSE SUNDAY MAY 10TH, NOON TO 4PM. Completely updated three unit investment property less than a block away from the historic Las Vegas, New Mexico plaza! Currently pulling in $5000 per month in rent! 1031 exchange accepted. The main home at the front of the property has 3 bedrooms, 1 and 3/4 bathrooms, lots of closet space, a charming covered front porch, high ceilings, nichos, wood floors, granite countertops, stainless dishwasher, built in microwave, laundry room with front loading washer dryer, transom windows, ornate ceilings, large fenced yard, and mature perennials. The upstairs studio apartment has granite counters, 3/4 bathroom, and a spacious deck with views of the plaza. The third unit is a stand alone home with a new covered portal, 2 bedrooms, full bathroom with stackable washer/dryer, granite counters, stainless dishwasher and fridge with bottom freezer drawer, built in microwave, completely fenced yard, and a large enclosed room waiting to be finished in whatever way you like - rec room, large 3rd bedroom? Newer ProPanel roof, mini-splits, stucco, appliances, cabinets, etc. etc. Live in the front home and rent the other 2 out or rent out all 3 to continue with a hefty income.

322 Moreno, Las Vegas
$1,400,000
202600611 MLS
Incredible 7-unit investment opportunity in the heart of Española’s desirable westside neighborhood, nestled between the Rio Grande River and the Plaza. 720 School Street is fully occupied and has been extensively remodeled, offering a rare turnkey multifamily property with low/no maintenance ownership. Updates include new flooring, newer central heat and air conditioning, upgraded electrical and plumbing, newer kitchens with granite countertops, natural stone backsplash, stainless steel appliances, LED lighting throughout, newer stucco, metal roof, and updated windows. Each unit features its own in-unit laundry and outdoor space, plus designated parking. Residents also enjoy access to a shared 0.56-acre lot—ideal for relaxing or gathering. Condominium documents are complete and available for review, and ready to record, providing future flexibility for individual unit sales. Located approximately 20 miles from Los Alamos National Laboratory, this property offers strong rental appeal with excellent long-term investment potential.

720 School, Espanola
$499,000
202600559 MLS
This charming DUPLEX at 104 Guthrie Lane #A & B, Taos, NM 87571 offers an exceptional opportunity for comfortable living with strong income-producing potential in a prime location just minutes from the center of Taos. The main house (#B) features a spacious eat-in kitchen with a separate pantry, lovely tile countertops, and serene garden views. The primary bedroom features cork flooring and an ensuite bathroom with beautiful tile accents. A second bedroom provides easy backyard access via a sliding glass door, a generous closet, and shares a full hall bath. The expansive living room showcases gorgeous wood floors and a cozy kiva fireplace, opening directly onto a large back deck perfect for relaxing or entertaining. An additional flexible living/multi-purpose room includes the washer/dryer and abundant space for a home office or studio. The attached guest house (#A) has proven itself as a reliable rental unit for years, delivering steady income. It features beautiful natural light, tile flooring, a fireplace, 2 bedrooms, a delightful 4-season sunroom, a fenced private courtyard, and its own storage shed—ideal for guests, long-term tenants, or vacation rentals. Outside, enjoy a large, fully fenced backyard—a gardener's dream with ample space for planting, outdoor activities, or pets. A large detached oversized 2-car garage provides plenty of room for vehicles, workshops, projects, or extra storage. Sited on a generous corner lot (approximately half a acre) in a peaceful cul-de-sac, this property offers tranquility while being conveniently close to Taos' shops, restaurants, galleries, and cultural attractions. Whether you're seeking a primary residence with guest/income suite, a multi-generational setup, or an investment property with built-in rental history, this property has it covered. Don't miss this rare combination of space, charm, and location!

104 Guthrie Lane A & B Unit #A & B, Taos
$499,000
202505462 MLS
Investor opportunity or multi-generational living on a spacious 0.50-acre lot! This versatile duplex at 4949 Calle Pico offers two well-designed units, each with private outdoor space and strong rental or owner-occupant potential. Unit A (922 sq ft) features 2 bedrooms and 2 baths with a thoughtful split-level layout. Three steps down lead to the kitchen, second bedroom, second bath, and a dedicated laundry room. The unit also includes a fenced backyard, perfect for pets, gardening, or relaxing outdoors. Unit B (1,144 sq ft) offers 4 bedrooms and 2 baths, providing generous space for larger households or strong rental appeal. This unit enjoys a large fenced backyard, ideal for entertaining, play, or future landscaping possibilities. Set on a half-acre lot, this property offers privacy, flexibility, and room to grow, whether you’re looking to live in one unit and rent the other, accommodate extended family, or expand your investment portfolio. A rare find with space, function, and opportunity all in one.

4949 Calle Pico, Santa Fe
$1,300,000
202600192 MLS
Multi-unit investment property just off Agua Fria St and steps from Frenchy’s Park, offering a rare 7-unit mix in a high-demand Santa Fe rental corridor. The property features 2 studios, 2 one-bedroom, and 3 three-bedrooms, creating broad appeal and steady rental potential. Tenants love the nearby access to trails, green space, shopping, and transit, plus the quick drive to downtown and the Railyard. A strong income-producing asset with excellent potential for thoughtful updates and long-term growth in a well-established, highly sought-after area of Santa Fe. Seller financing available with 20% down. Terms acceptable to seller.

1901 Arroyo De Las Cruces, Santa Fe
$650,000
202505159 MLS
Well-maintained duplex offering solid tenant income and excellent potential for growth! Zoned C-1 Commercial, this property provides flexible opportunities — continue operating it as a multi-family rental or convert it into office or retail space while developing the land. The existing structure sits on approximately 4.61 acres, allowing for future development of any use permitted by zoning. Located in a thriving commercial area, the property is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and popular restaurants all within a half-mile radius. This is a rare opportunity ideal for investors, developers, or owner-users looking to generate income today while planning for tomorrow's expansion.

102-104 Nathan Court, Los Lunas
$459,900
202504680 MLS
Pueblo-style duplex in a prime Santa Fe location! This charming two-unit property offers excellent potential for investors, multi-generational living, or live-in-one, rent-the-other scenarios. The lower level features a spacious 3-bedroom, 1-bathroom unit. While the home does require repairs and updates, it’s priced accordingly—making it a great value in one of Santa Fe’s most desirable neighborhoods. Located just minutes from shops, dining, galleries, and cultural attractions, this is a rare opportunity to own a versatile property that reflects classic Southwestern charm and authentic Pueblo-style architecture.

612 Camino De La Luz, Santa Fe
$129,900
202504274 MLS
Income-generating duplex featuring two units totaling 1,880 sq ft. The main unit offers 1,306 sq ft with 2 bedrooms, 1 bathroom, and a bonus room located past the laundry room suitable for office, storage, or workspace. The larger unit also includes a generous partially finished basement for additional storage. The secondary unit provides 574 sq ft with 1 bedroom and 1 bathroom. The property includes a long driveway accommodating parking for both units. Both units have recent rental history, with potential to benefit from modern updates. This property offers multiple investment strategies: maintain as a rental property with existing tenant income, use as owner-occupied investment by living in the larger unit while collecting rent from the smaller unit, or develop as a family compound. Located near restaurants and shopping for convenience, also walking distance to Highlands University - convenient for student tenants! Ready for buyer's updates and improvements to maximize potential. ***ALL OFFERS CONSIDERED***

1412 8th Street, Las Vegas
$5,680,000
202504224 MLS
Nestled in the heart of the 1.6-million-acre Santa Fe National Forest, Vida Bonita Pecos offers the perfect blend of luxury and remote wilderness. Located just steps away from the world-famous Pecos River, tranquil Cowles ponds and scenic trails, our secluded property invites you to experience nature like never before—without sacrificing comfort. 4 deeded properties being sold as one Estate consisting of 3 cabins: The Ponderosa (Main cabin) 3 stories, 6 bedrooms, 4 bathrooms, approx. 3500 sq.ft. Laundry on main and lower level. Well and Septic. The Collins Cabin (original home) 3 story, 2 bed 2 baths, full walk out basement with laundry (could be additional living space with own entry), well and septic. Tiny Cabin (shed conversion) sleeps 2. new deck. The Crestview 2 story (recent addition to estate, formerly-19 Pecos Lane) 3 bedrooms, 3 baths. 2 additional loft sleeping areas, laundry and private fishing pond, well and septic. Twin Pines (duplex) 1 bed 1 bath each unit w/ kitchenette. Green house and storage. Retro "glamping Camper" Sleeps 3, decking and water and electric. Vida Bonita Pecos is a turnkey mountain retreat that blends rustic charm with modern convenience. Fully reimagined and meticulously renovated, this property offers buyers a rare opportunity to own not only a private sanctuary, but also a thriving vacation rental business in Northern New Mexico.

2444 Nm 63, Terrero
$4,500,000
202503657 MLS
*** WEBSITE: oldcompoundsantafe.com *** This historic Santa Fe compound is nestled on about 2.3 semi-rural acres, with an adjoining 0.41 acre lot. Less than 3 miles from the Santa Fe Plaza, the 100+ year old adobe residence and five casitas surround a green central oasis and a small swimming pool. Imagine the possibilities: retreat, extended family, intentional community, workshops, therapy & health, retirement, or something not yet imagined. Reserved development rights on 2/3 acre and the vacant lot expand the possibilities. The current owners discovered the compound in 1969, bought it in 2006, and have been restoring, planting, and loving it ever since. They are ready to offer the compound to new owners, whatever their new dreams may be. * 6 units in 4 buildings, with 8 bedrooms, 8 baths, 9 fireplaces. Total heated space = 6215 sq. ft. (Note: Fires in fireplaces are photoshopped in. Buyer should verify fireplaces' functionality.) * Each unit has private outdoor garden space. * Extensive remodeling: kitchens and baths, oak and brick floors, new Pella windows, TPO roof, and more. * Landscaping with hundreds of native trees, bushes, vines, flowers, and grama grass; rock walls and fences. * 12' x 28' Barn with garage door.

2175 Old Arroyo Chamiso And 550 Valle Chamiso Lane 1,2,3,4,5,6 Unit #1,2,3,4,5,6, Santa Fe
$1,023,993
202503167 MLS
This seven plex is well located in close proximity jobs, retail, restaurants, casinos and the world famous El Parasol and Rancho Chimayo Restaurants. Each of the units has it’s own laundry or shares with one additional unit. Most of the residences have their own private yard spaces and truly feel like separate cottages in a larger northern New Mexico familial compound setting. The property is a value-add opportunity if repositioned to take advantage of the announced 20,000 jobs, at the rate of 2,000 per year, at Los Alamos National Laboratories (LANL) that will spill in the surrounding towns, cities and counties. The subject property is located 22 miles to the front gate of LANL. This property is strategically located at one corner of the Los Alamos/Espanola/Santa Fe employment triangle, which boasts a population of 217,008, with a median age of 45 and an average household income of $101,364. The property is offered at $1,023,993, with measure of investment performance that include a price per unit of $144,285, price per square foot of $178.37, a GRM of 8.32 and a cap rate at 7.67 with an average rent of $1,539 per unit per month. Please review the 26 page flyer and Espanola housing summit reports. Do not miss out on this rare opportunity to buy into a market that offers northern NM architecture in a family compound that is poised on the cusp of phenomenal job growth.

1004 Nm 76, Espanola
$3,041,053
202502719 MLS
Excited to see this Apartment community come to market in the high-end tourism, 400 year old capital, high alpine skiing, arts, and cultural mecca of Santa Fe, NM. If you love Meow Wolf, this property is located a few hundred feet south at 3226 Rufina. The economic engine of Meow Wolf makes this an ideal asset to acquire under the rising tide raises all ships theory. The property contains a total of 23 units in 2 buildings built in the 1980s, with a small parcel of land for potential additional uses. Historically a high barrier to entry market for new construction, the area has been identified as being short some 6,484 housing units. The community has partnered to bring more multifamily units on line than the Albuquerque area, but it’s not enough to satiate the resident demand. This has translated to high rent growth and the new construction is establishing a new ceiling on market rents ranging from $2,505 to $6,446 per month (you read that correct – there are a half dozen communities that the high end of their rent is between $2,505 to $6,446 per month!) This high barrier to entry market has some of the most expensive single-family housing in the country with an average price over $700,000. The community contains a range of units from small one bedrooms, averaging 432 sf to larger two bedroom units at 620sf. The lower floor units have a secure, double loaded corridor and the ground floor and upstairs units have their own private entrances. The property contains a common laundry room. The owner has furnished a couple of the smaller units to appeal to the traveling nurses/professional market. If you want to pay all cash, or obtain a new loan, the price is $3,041,153 – a 6.37% cap rate at the current average rents of $1,117, the measure of investment performance include a price per unit of $132,220, a price per square foot of $265.83 a GRM of 9.86 and a cap rate of 6.37%. If the rents are raised to market averages of $1,401, measure of investment performance improve to 7.86, and a cap rate of 7.45% Do not miss out on this opportunity to invest in one of America’s most sought-after markets and receive a rare positive cash flow.

3226 Rufina, Santa Fe

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