Rare investment opportunity just off Bishops Lodge Road in one of Santa Fe's most desirable areas. Offered as a short sale, this property presents an opportunity for an investor, builder, or buyer looking to complete the renovation and bring the home's full vision to life. Ideally located less than 5 minutes from the historic Santa Fe Plaza and just down the road from the Governor's Mansion, the property offers a unique combination of privacy, convenience, and proximity to downtown Santa Fe. Renovations have been started but are not complete, allowing the next owner to finish the property to their own specifications. A proposed new floor plan concept has been uploaded for reference. The property previously appraised at over $1.4 million prior to completion of the current renovation project; buyers should independently verify current and future value. Major improvements include a new water heater and two furnaces installed in January 2023, along with a new septic system installed in 2024.Property is being sold in its current, unfinished condition and is subject to short-sale/lender approval. Contact the listing broker for additional renovation details and estimated costs to complete.
Single-familyProperty Type
1967Year Built
1 acresLot Size
$285Price/Sq.Ft.
2 car garageParking
Listed by Diana Leal• Weichert, Realtors Image
Listed by Benjamin Gomez• Weichert, Realtors Image
The purpose of the R-1, residential districts is to be residential areas with low population densities .
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Police station
Housing-Mobile home park
Park & open space
Nov 30, 2023 • Final
Residential mechanical trade
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
2/10 Heat Factor
8 days above 85° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Santa Fe, NM • 87501
Average low and high temperatures (°F)
42
23
54
32
61
37
63
41
70
47
83
59
82
60
83
60
76
53
67
47
52
34
50
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.4 hours in
June and 7 hours in December, placing it above the
U.S. average for solar exposure.
11.4 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1023 Bishops Lodge Rd
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