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A Rare Eastside Development Opportunity Zoned BCD, this historic property offers exceptional potential for a mixed-use residential compound in the heart of downtown Santa Fe. Situated on a generous 0.98-acre parcel, the property currently includes a residential unit and office at 1127 Paseo de Peralta, along with two adjoining buildings presently utilized as offices. The property’s flexible BCD zoning presents a wide range of possibilities, including multiple residential units, short-term rentals, retail, professional offices, and other permitted commercial uses. Whether envisioned as an exclusive residential compound, a boutique hospitality destination, or a thoughtfully designed mixed-use development, the opportunities are compelling, subject to applicable zoning and development approvals. Ideally located in Santa Fe’s coveted downtown Eastside, this historic property represents one of the area’s increasingly rare redevelopment opportunities. With its substantial landholding, existing improvements, and versatile zoning, the property offers a discerning investor or developer the opportunity to create something truly distinctive in one of Santa Fe’s most desirable locations.

Highlights

  • Residential
  • Townhouse
  • Built in 1800
  • 0.98 Acre Lot
  • 43 days on Market

  • Bedrooms
    1
  • Bathrooms
    1
  • Year Built
    1800
  • Architectural Style
    Pueblo
  • Living Area
    6761.0
  • Cooling
    None
  • Heating
    See Remarks, Other

  • Acres
    0.98
  • Utilities
    Electricity Available
  • Water
    Public

  • County
    Santa Fe
  • City
    Santa Fe
  • Zip Code
    87501
  • High School
    Santa Fe
  • Middle School
    Milagro
  • Elementary School
    Wood Gormley

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Frequently Asked Questions

How do I schedule a tour of 1127 Paseo De Peralta?

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 1127 Paseo De Peralta.

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

How do I get more information about 1127 Paseo De Peralta?

Click Ask a Question to talk with our team. You already know it is a 1 bed, 1 bath, listed for $3,500,000. We can talk through recent upgrades, potential seller motivation, how this townhouse compares to others in Santa Fe, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1127 Paseo De Peralta?

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 1127 Paseo De Peralta at around $19,918. 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 1127 Paseo De Peralta?

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 1127 Paseo De Peralta?

In most cases, yes. Whether 1127 Paseo De Peralta is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Santa Fe'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 1127 Paseo De Peralta?

We can handle that for you. Our preferred local agent specializes in residentials in Santa Fe 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 $3,500,000 with 6,761 sqft of space—that comes out to approximately $518 per square foot.

How long has this property been on the market?

1127 Paseo De Peralta was listed on September 30, 2026, which means it's been on the market for 43 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 1800, making it approximately 226 years old.

What is the lot size of this property?

1127 Paseo De Peralta sits on a 0.98-acre lot, which is 42,689 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Wood Gormley
  • Middle: Milagro
  • High: Santa Fe

Want to see how these schools compare? Check out our Santa Fe County School Guide to see ratings, reviews, and more for the schools in the area.

Is 1127 Paseo De Peralta 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 12, 2026 at 01:12PM | Source: Santa Fe Association of REALTORS | MLS#: 202604263