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4884 La Junta Del Alamo

$1,139,000

**OWNER FINANCING AVAILABLE** Discover a prime investment opportunity in Santa Fe! This multi-family property located in the historic Agua Fria Village is sited on a…

Key Features

MLS: 202502193

List Date: 05-19-2025

Status: Active

Area: Southwest City, North

Type: Multi Family

Acres: 2.19

Presented By

**OWNER FINANCING AVAILABLE** Discover a prime investment opportunity in Santa Fe! This multi-family property located in the historic Agua Fria Village is sited on a 2.191 acre parcel- half of which is undeveloped. Originally a family compound with three residences, it became the International Institute of Chinese Medicine, and was later reimagined into 5 dwellings and 2 studios spanning 8,000 square feet. The charming property features gated access, ample paved parking for residents and visitors alike, 3 buildings, two wells, and 3 septic systems. With flexible “Commercial Neighborhood” zoning, County oversight, and a full set of plans to develop the vacant portion, the savvy investor will enjoy immediate rental income while a plan is formulated for the additional land. Just a short drive from downtown, shopping, and entertainment, this singular opportunity is priced at it’s most recent appraisal value, and is poised to combine the historic charm of Santa Fe with the profitability of future development within our robust housing market.

Additional Features

Appliances:See Remarks

Association Amenities:Gated

Construction Materials:Adobe, Frame, Stucco

Days on Market:122

Heating:Natural Gas

Interior Features:Interior Steps

Property Type:MultiFamily

Roof:Flat

Security Features:Security Gate

Sewage:Septic Tank

Style:One Story

Utilities:Electricity Available

Zoning:Other

About the Neighborhood

Southwest Santa Fe Homes & Land for Sale

Southwest Santa Fe is a shoppers paradise with Target, the Santa Fe Place Mall, Total Wine, several groceries and specialty food shops, Hobby Lobby, Sam’s Club, Super Walmart, Cost Plus World market, PetSmart, Lowes and more. An eclectic mix of chain restaurants and wonderful local favorites abound, such as Puerto Peñasco, the Santa Fe Capitol Grill, El Comal and Horseman’s Haven.

Schools

Elementary School: El Camino Real Academy

Junior High School: El Camino Real Academy

High School: Capital

Listing Brokerage

IDX listing

Natalie Rivera Benavent

Barker Realty, LLC

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby’s International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.

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