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Mixed-Use Compound With Two Homes

139 Tesuque Village, Santa Fe, NM 87506

For Sale
$2,000,000

CommercialSale, Santa Fe, NM

Property Size3,418 SF
Lot Size2.98 Acres
Price / SF$585.14
Days on Market68

Property Features for 139 Tesuque Village

General Information

Property type Commercial Sale
Property subtype Retail
Parking 6
Directions From Highway 285/84, take the Tesuque Village Exit. Head north to property on the left, across from the Village Market.
Standard status Active
APN 00993120046
Size 3,418 SF
Lot size 2.98 Acres

Taxes and HOA fees

Tax Description See Addendum 3 - Survey and Legal Descriptions
Legal Description See Addendum 3 - Survey and Legal Descriptions

Utilities

Sewer type Septic Tank, Septic Needed
Water source Well, Private

Building Details

Year built 1963
Listing Agency: Sunrise Realty, LLC
Listed By: Dawn Baca · License NM #18879
Added: Sep 4 Changed: Oct 25 Last Checked: Nov 10 at 6:06PM
MLS# 202604047

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

This mixed-use compound consists of four contiguous parcels totaling 2.98 acres, with 3,418 square feet of property improvements. The site includes two existing homes, an outbuilding, and two private wells. The improvements date to 1963 and provide an established base for continued residential use or a revised property concept.

Zoning designations include RES-C, O-RC, O-CD, and TCD. The property is positioned directly across from Village Market in Tesuque and is addressed at 139 Tesuque Village, Santa Fe, New Mexico. Water is supplied by private wells, while the property information identifies septic tank service and a septic system need. Any proposed use should be confirmed with Santa Fe County and the Tesuque Village Sector Plan.

Key Highlights

  • 2.98‑acre compound across from Village Market
  • Four contiguous parcels with two existing homes and an outbuilding
  • 3,418 square feet of property improvements

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Kitchen & Bath Showroom Real Estate Agency Gym & Fitness Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 87506, NM

15,253
Population
8,475
Households
1.8
Avg Household Size
54
Median Age
47%
College-Educated
95%
High-School Grad
309.0 sq mi
ZIP Area
49
Density / Sq Mi
$90,504
Median Household Income
$46,109
Median Earnings
$1,142
Median Rent
$523,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Santa Fe, NM

$527 Jul
$381 Aug
$433 Sep
$385 Oct

Properties on Market for Mixed-use properties in Santa Fe

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four contiguous parcels combine existing residences, an outbuilding, private wells, and flexible RES-C zoning designations.
Where is this mixed-use property located?
The property is located at 139 Tesuque Village Santa Fe, NM.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 2.98‑acre compound across from Village Market; Four contiguous parcels with two existing homes and an outbuilding; 3,418 square feet of property improvements
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