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Historic Multifamily Adobe Compound

2175 Old Arroyo Chamiso and 550 Valle Chamiso Lane Santa Fe, NM 87505

2175 Old Arroyo Chamiso and 550 Valle Chamiso Lane, Santa Fe, NM, 87505
$4,500,000
For Sale
Claim this Listing
$4,500,000

MULTI_FAMILY - Other - Santa Fe, NM

Property Size6,215 SF
Lot Size2.70 Acres
Price / SF$724.05
AddedAug 9, 2025
Days on Market341
Last RefreshJul 15 at 4:06 am

Property Features for 2175 Old Arroyo Chamiso and 550 Valle Chamiso Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1, 2, 3, 4, 5, 6
Bedrooms
6
Rooms
Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Interior features
InteriorSteps
Fireplace
1
Appliances
Dryer, Oven, Range, Refrigerator, Washer
Standard status
Active
APN
910018357
Size
6,215 SF
Lot size
2.70 Acres

Utilities

Sewer type
Public Sewer
Heating system
Fireplace(s), Forced Air, Baseboard, Hot Water(Heating), Space Heater, Natural Gas
Water source
Public, Private, Well

Building Details

Year built
1917
Floors in Building
1
Number of units
6
Building materials
Adobe, Block, Frame
Roof type
Membrane
Architectural style
Other

Listing agent Elise R. Noble License #11567

Listing office Noble Real Estate 2255 Old Arroyo Chamisa Rd., Santa Fe, NM

Listing date Aug 9, 2025

MLS# 202503657 Listing URL

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.


Investment Insights

Based on property information with market context.

This historic Santa Fe compound includes a 100+ year old adobe residence and five casitas arranged around a green central oasis with a small swimming pool. The property offers 6 units in 4 buildings, totaling 8 bedrooms and 8 bathrooms, with 9 fireplaces (buyers should verify functionality, as fireplace images appear photoshopped in). Each unit includes private outdoor garden space. Interior updates include remodeled kitchens and baths, oak and brick floors, new Pella windows, and a TPO roof. Outside, the grounds include landscaping described as hundreds of native trees, bushes, vines, flowers, and grama grass, along with rock walls and fences. A 12' x 28' barn with a garage door is also on site.

The compound sits on about 2.3 semi-rural acres, with an adjoining 0.41 acre lot. The listing notes the property is less than 3 miles from the Santa Fe Plaza. Zoned R-1, 2, 3, 4, 5, 6, the asset is presented with reserved development rights on 2/3 acre and the vacant lot.

As a residential income property, it may suit buyers seeking a multi-unit setup with individual outdoor space in a historic adobe campus configuration. The current improvements and recent updates can support tenant-ready use, while the reserved development rights and additional vacant lot may appeal to owners looking for potential to expand within the zoning framework. The barn with a garage door adds an additional utility component for resident storage or light operational needs, subject to buyer verification and local requirements.

Key Highlights

  • Historic Santa Fe compound built in 1917 with 6 units in 4 buildings and 6215 sq. ft. total heated space
  • Multiple fireplaces: 9 fireplaces (buyer to verify functionality)
  • Set on about 2.3 acres with an adjoining 0.41‑acre lot plus reserved development rights on 2/3 acre

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Building Supply Auto Repair Shop Restaurant Auto Parts Store HVAC Service Kitchen & Bath Showroom Garden Center Big Box & Wholesale Store Storage Facility Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six-unit compound with private garden space, a central oasis, and extensive remodeling on a semi-rural Santa Fe parcel.
Where is this apartment building located?
The property is located at 2175 Old Arroyo Chamiso and 550 Valle Chamiso Lane Santa Fe, NM.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Historic Santa Fe compound built in 1917 with 6 units in 4 buildings and 6215 sq. ft. total heated space; Multiple fireplaces: 9 fireplaces (buyer to verify functionality); Set on about 2.3 acres with an adjoining 0.41‑acre lot plus reserved development rights on 2/3 acre
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