# 4 N Chamisa, Santa Fe, NM 87508

> **TL;DR:** single family, $1,750,000 ($363/sqft), built 1997, 4,815 sqft.
> A/C. Est. $7,583/mo. Listed 121 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,750,000 |
| Price/sqft | $363 |
| Square Feet | 4,815 |
| Year Built | 1997 |
| Lot Size | 91,040 sqft (2.09 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 121 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,583 |
| **Total** | **$7,583** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1997
- 2.09 acre lot
- 13 parking spaces

## Description

### Agent Description
Turnkey Arts + Residential Investment Opportunity in Eldorado. Offered at $1,750,000 with a current 5.5% CAP rate and projected 9.6% CAP rate for 2026, this extensively renovated 4,815 SF mixed-use property sits on 2.09 acres with direct access and high visibility along U.S. Highway 285, a major corridor carrying an estimated 30,000-55,000 vehicles daily. The building is currently home to the Jen Tough Gallery and includes five contemporary short-term rental apartments and four private art studios, all designed for visiting artists seeking one-week to one-month residencies. This turnkey creative campus has generated approximately $8,000 per month in actual income, with nearly 80% of 2026 already booked and a projected 2026 income of approximately $14,000 per month. The property offers multiple revenue streams through short-term lodging, studio rentals, and gallery events. The 2.09-acre site provides exceptional parking, signage exposure, and future expansion potential for additional studios, casitas, or outdoor sculpture gardens. Seller financing is available to a qualified buyer, adding flexibility and attractive entry into Santa Fe's thriving arts, hospitality, short-term rental market, boutique hotel, and potential restaurant space.

## Location

- **Address:** 4 N Chamisa, Santa Fe, NM 87508
- **County:** Santa Fe
- **Coordinates:** 35.52271896, -105.8912731
- **Google Maps:** https://www.google.com/maps?q=35.52271896,-105.8912731

## Listing Agent

- **Name:** Mark Rochester
- **Brokerage:** Berkshire Hathaway HomeService
- **Phone:** 5056902175
- **Email:** mark@summitgroupnm.com

## Primary Photo

![4 N Chamisa - Primary Photo](http://lh.rdcpix.com/9862faf2b7edb8b64b60d244f71026dal-f180330221r.jpg)

*46 total photos available on [listing page](https://www.propertysimple.com/listing/4-n-chamisa-santa-fe-nm-87508-02505344)*

---

**MLS#:** 202505344 | **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/4-n-chamisa-santa-fe-nm-87508-02505344)

---

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