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    Fairly Rd Santa Fe, NM 87507

    For Sale
    $799,000

    LAND - Santa Fe, NM

    Lot size:
    5.00 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 12 at 10:06 am

    Property Features for Fairly Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R5
    APN
    054020736
    Lot size
    5.00 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Ponce Realty of New Mexico (505) 690-5478

    Listing agent Ivonne Ponce (505) 690-5478 License #REC20230889

    Listing date Nov 3, 2025

    MLS# 202504210 Listing URL

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Santa Fe Land Development Opportunity

    This expansive 5-acre property in Santa Fe, NM, presents a rare development opportunity. Zoned R5, the property allows for the construction of up to 5 homes with guest houses, totaling 10 kitchens. Utilities are conveniently located at the road, facilitating ease of development. The property offers the potential to build custom homes on spacious lots, creating private residences. This land provides a blend of space and flexibility for residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.0460254
    Latitude
    35.63104046

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    FAQs

    What type of property is this?
    Land - 5-acre land parcel suitable for residential development in Santa Fe.
    Where is this land located?
    The property is located at Fairly Rd Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Rare 5-acre development opportunity.; - Zoned R1 allowing up to 5 homes with guest houses (10 kitchens total).; - Potential to build custom homes on 1-acre lots.
    (505) 690-5478
    Request Owner's contact information
    Fairly Rd Santa Fe, NM 87507
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    Santa Fe, NM 87507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Fairly Rd Santa Fe, NM 87507
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