# 1625 Paseo de Peralta, Santa Fe, NM 87501

> **TL;DR:** single family, $10,000,000 ($325/sqft), built 1931, 30,760 sqft. Est. $43,333/mo. Listed 123 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $10,000,000 |
| Price/sqft | $325 |
| Square Feet | 30,760 |
| Year Built | 1931 |
| Lot Size | 126,324 sqft (2.90 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 123 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $43,333 |
| **Total** | **$43,333** |

## Property Highlights

- Built in 1931
- 2.90 acre lot

## Description

### Agent 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 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 / Medical / 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

## Location

- **Address:** 1625 Paseo de Peralta, Santa Fe, NM 87501
- **County:** Santa Fe
- **Coordinates:** 35.68187828, -105.9518499
- **Google Maps:** https://www.google.com/maps?q=35.68187828,-105.9518499

## Listing Agent

- **Name:** Tai Bixby
- **Brokerage:** Real Estate Advisors, LLC
- **Phone:** 5055773524
- **Email:** tai@tba.team

## Primary Photo

![1625 Paseo de Peralta - Primary Photo](http://lh.rdcpix.com/c73067787419bda13617d54103c509fcl-f3553929787r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/1625-paseo-de-peralta-santa-fe-nm-87501-02505309)*

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**MLS#:** 202505309 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1625-paseo-de-peralta-santa-fe-nm-87501-02505309)

---

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