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About This Home
This 0-bedroom, 0-bathroom single family at 1625 Paseo de Peralta in Santa Fe, NM is listed for $10,000,000 ($325 per sqft). Built in 1931, the home offers 30,760 sqft of living space on a 2.90 acres lot.
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, offer
s uncommon flexibility within the highly permissive Business Capital District (BCD) zoning designation. Extensive entitlements-including the Alvord Master Plan, archaeological clearance, and pre-reviewed infrastructure-substantially 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 / Med
ical / Dental, Educational facilities, Nonprofit or institutional headquarters, Residential: multifamily, condominiums, live/work, Retail, cafe, 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
Key Features
- Built in 1931
- 2.90 acre lot
Property Details
Monthly Cost Estimate
$53,482/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1625 Paseo de Peralta
Santa Fe, NM 87501
Questions & Answers
This 0-bedroom, 0-bathroom single family at 1625 Paseo de Peralta is listed at $10,000,000 ($325/sqft). The estimated monthly payment is $43,333 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 2.90 acre lot.
This property is listed by Tai Bixby and can be reached at 5055773524 or tai@tba.team.