Historic Multifamily Adobe
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
$4,500,000
MULTI_FAMILY - Other - Santa Fe, NM
Property Size6,215 SF
Lot Size2.70 Acres
Price / SF$724.05
Days on Market343
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 Agency
Noble Real Estate
(505) 699-7801
2255 Old Arroyo Chamisa Rd., Santa Fe, NM
Listed by
Elise R. Noble · License #11567
(505) 699-7801
Added: Aug 9, 2025 Checked: Jul 17 at 8:06 am
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.
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
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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
