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4884 La Junta Del Alamo

Santa Fe, NM 87507
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Bed --

Bed

Bath 0

Bath

Acres2.19

Acres(Lot)

Inside the old Agua Fria Village limits is the former Institute of Chinese Medicine property which was converted into a compound of residential rental units. This multi-family adobe unit was built in 1937 as 3 family residences then eventually became the Institute of Chinese Medicine property until its demise. It was later re-invented as 4 residences and 2 studios enveloping approx. 8,000 sq ft of heated living area. Today's configuration is the original 6,000 sq ft adobe building housing 3 units and a studio, a 600 sq ft wood frame stucco rental next door and a large wood framed studio of ~1,400 sq ft. The property is serviced by three septic systems and two 3 ac ft water wells all of which are in use. Zoning for this corner of Agua Fria Village is "Commercial Neighborhood" which provide s for a myriad of potential residential & commercial uses. Santa Fe County land use has the authority over any comprehensive development plans. La Junta del Alamo's convenient location is very close to downtown, shopping, restaurants & malls. This historic location is being marketed below a recent appraisal so deserves a good look as an attractive investment. There are 6 rental units onsite. A studio, 3 adobe units and two free standing rentals. Owner will consider financing w/35% + down payment, terms negotiable!

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Detail Ic Property Details

Property Type : Residential Income

Price : $898,900

AD Id : 76508704

MLS Id : 202600878

Lot Size : 2.19 Acres

Year Built : 1933

County : Santa Fe

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Feature Features

  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Wall Furnace Cooling: None

  • Building Information

    Year Built: 1933 Building Area Total: 8000 Construction Materials: Adobe, Block, Frame, Other, Stucco Private Pool: No

  • Lot Information

    Main Square Feet: 2.19 Acres Lot Size Acres: 2.19 Lot Size Source: Public Records Lot Size Square Feet: 95396.4

  • Listing Price Information

    Listing Price: $898900 Cash, Conventional

  • Tax Information

    Parcel Number: 056001239 Tax Legal Desc: T17N R9E S31, INSTITUTE OF CHINESE MEDICINE, 2.191 AC

  • Parking Information

    None

  • School Information

    Elementary School: Cesar Chavez
    Junior High School: Ortiz
    Senior High School: Capital
  • Utility Information

    Other, Electricity Available
  • Location Information

    Direction: Agua Fria to Lopez Lane intersection... La Junta del Alamo is just east of Agua Fria off Lopez Lane. WaterSource: Private, Well
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Nearby Home Value

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3327 Caminito Quintana, Santa Fe, NM, 87507 $1,250,000 7 4 3,712 3,712 SqFt
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ByOwner last updated this listing 06/21/2026 @ 14:05

MLS: 202600878 LISTED BY: Kenneth Ahler, Ahler, Ken Real Estate Co. Inc 505-989-7573 SOURCE: Santa Fe Association of REALTORS

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