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1625 Paseo De Peralta

Santa Fe, NM 87501
  • $10,000,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 202505309
UPDATED: 68 min ago
$10,000,000
  • 0
    BEDS
  • 2.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 30,760
    SQFT
  • $325
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1931
County:

School Ratings & Info

Description

The Alvord School represents one of the most significant redevelopment opportunities in Santa Fe's urban core. The 2.9-acre infill parcel sits directly adjacent to the Santa Fe Railyard, the city's premier mixed-use cultural district. The existing 30,760 sf building, originally built in 1931 and expanded several times through the 1970s, offers uncommon flexibility within the highly permissive Business Capital District (BCD) zoning designation. Extensive entitlementsincluding the Alvord Master Plan, archaeological clearance, and pre-reviewed infrastructuresubstantially reduce planning risk and development timelines. This parcel's size, location, zoning, and entitlement status collectively position The Alvord School as a rare opportunity for hospitality, residential, mixed-use, institutional, medical, or educational redevelopment. Business Capital District Zoning (BCD) One of Santa Fe's most flexible zoning categories permits:, Hotel / Hospitality, Office / Medical / Dental, Educational facilities, Nonprofit or institutional headquarters, Residential: multifamily, condominiums, live/work, Retail, caf, restaurant, service commercial, Cultural uses: museums, galleries, performing arts, Religious and assembly use. No strict density limits; development governed by height zones and Master Plan parameters. The Santa Fe Railyard is a nationally recognized arts, culture, and mixed-use district including: Santa Fe Farmers' Market, Violet Crown Cinema, SITE Santa Fe, El Museo Cultural, Railyard Plaza + Public Green, REI, Rail Trail + Santa Fe Depot Transit-Oriented Development Potential: Walkability to transit, Proximity to amenities, Reduced parking requirements, Integration with mixed-use environment

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Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. 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 Lisa Harris | Coldwell Banker Mountain Properties are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-01-24T21:51:34.917.
www.lisaharris-realestate.com/homes/171204359
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1625 Paseo De Peralta Santa Fe, NM 87501

  • Price: $10,000,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 68 min ago
  • MLS #: 202505309
0
Beds
0
Baths
0
½ Baths
2.9
Acres
30,760
SQFT
$325
$/SQFT
1931
Built
Neighborhood:
3N-Sf City Se North
County:
Santa Fe
Area:
3N-Sf City Se North
Property Description
The Alvord School represents one of the most significant redevelopment opportunities in Santa Fe's urban core. The 2.9-acre infill parcel sits directly adjacent to the Santa Fe Railyard, the city's premier mixed-use cultural district. The existing 30,760 sf building, originally built in 1931 and expanded several times through the 1970s, offers uncommon flexibility within the highly permissive Business Capital District (BCD) zoning designation. Extensive entitlementsincluding the Alvord Master Plan, archaeological clearance, and pre-reviewed infrastructuresubstantially reduce planning risk and development timelines. This parcel's size, location, zoning, and entitlement status collectively position The Alvord School as a rare opportunity for hospitality, residential, mixed-use, institutional, medical, or educational redevelopment. Business Capital District Zoning (BCD) One of Santa Fe's most flexible zoning categories permits:, Hotel / Hospitality, Office / Medical / Dental, Educational facilities, Nonprofit or institutional headquarters, Residential: multifamily, condominiums, live/work, Retail, caf, restaurant, service commercial, Cultural uses: museums, galleries, performing arts, Religious and assembly use. No strict density limits; development governed by height zones and Master Plan parameters. The Santa Fe Railyard is a nationally recognized arts, culture, and mixed-use district including: Santa Fe Farmers' Market, Violet Crown Cinema, SITE Santa Fe, El Museo Cultural, Railyard Plaza + Public Green, REI, Rail Trail + Santa Fe Depot Transit-Oriented Development Potential: Walkability to transit, Proximity to amenities, Reduced parking requirements, Integration with mixed-use environment
Exterior Features

Garage YN No

Interior Features

Basement YN No Fireplace YN No

Property Features

Lease Considered YN No Listing Terms Cash Cash to Existing Loan Conventional New Loan Property Sub Type Mixed Use Property Sub Type Additional Mixed Use Sale Or Lease Indicator For Sale Security Features Surveillance System Special Listing Conditions Standard Utilities Electricity Available Water Source Public Zoning BCD

Santa Fe Association of Realtors logo Listing provided courtesy of Tai Bixby of Real Estate Advisors, LLC: (505) 539-3200. © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. 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 Lisa Harris | Coldwell Banker Mountain Properties are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-01-24T21:51:34.917.
 
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Lisa Harris | Coldwell Banker Mountain Properties
524-H Paseo Del Pueblo Sur
Taos NM, 87571