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Built in 2001 as an artist studio, the Lamy Rail House sits on 1.03 acres in historic Lamy, 18 miles from downtown Santa Fe. Its Traditional Community zoning is what sets it apart: the property may be used residentially or for light commercial purposes, with several uses permitted by right. General stores, art studios, museums, and libraries are all permitted uses, and additional light commercial uses may be available with conditional approval. The building suits that flexibility. Vaulted ceilings, textured concrete floors, 1.5 bathrooms, a wood-burning stove, and two open-framed porches give the interior an open, studio-like character that adapts easily to retail, gallery, workshop, or gathering space. A secluded loft adds flexible square footage for guests, offices, or creative live/work. The house has a creative lineage, having been home to a blacksmith and a painter among other artists. Location reinforces the case. Views from nearly every room reach toward the historic Mission Chapel of Our Lady of Light, and the property looks out toward Lamy's Depot and the Legal Tender Saloon. The setting is distinctly Lamy: historic railroad architecture, open skies, wetlands, mature trees, and a village that feels far from Santa Fe while remaining an easy drive from the Plaza. The active rail line runs through the heart of it. Amtrak passes twice daily with service toward Los Angeles and Chicago, and Sky Railway brings visitors and foot traffic into the village — a genuine asset for a business built around a destination. For some, passing trains are simply part of Lamy's rhythm; for others, they are part of what makes the place memorable. A rare combination: the peace and character of a small historic village, a rail connection reaching well beyond Northern New Mexico, and zoning flexible enough to let you create, retreat, entertain, work, or build something here.

Highlights

  • Commercial Sale
  • Mixed Use
  • Built in 2001
  • 1.03 Acre Lot
  • 10 days on Market

  • Year Built
    2001
  • Construction Materials
    Frame, Other
  • Flooring
    Concrete
  • Security Features
    Closed Circuit Camera(s)

  • Acres
    1.03
  • Utilities
    Electricity Available

  • County
    Santa Fe
  • City
    Lamy
  • Zip Code
    87540

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Frequently Asked Questions

How do I schedule a tour of 139 Lamy Trl?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 139 Lamy Trl.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 139 Lamy Trl?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $445,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Lamy, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 139 Lamy Trl?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 139 Lamy Trl at around $2,532. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 139 Lamy Trl?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Santa Fe County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 139 Lamy Trl?

In most cases, yes. Whether 139 Lamy Trl is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lamy's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 139 Lamy Trl?

We can handle that for you. Our preferred local agent specializes in commercial sales in Lamy and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $445,000 with 1,098 sqft of space—that comes out to approximately $405 per square foot.

How long has this property been on the market?

139 Lamy Trl was listed on November 04, 2026, which means it's been on the market for 10 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2001, making it approximately 25 years old.

What is the lot size of this property?

139 Lamy Trl sits on a 1.03-acre lot, which is 44,867 square feet.

Is 139 Lamy Trl still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Last Updated: November 14, 2026 at 05:01PM | Source: Santa Fe Association of REALTORS | MLS#: 202604083