Residential Land for Sale in Santa Fe, New Mexico
338 Otero St, Santa Fe, NM 87501
One of the last remaining developable parcels just blocks from Santa Fe's Historic Plaza, this exceptional in-town property presents an increasingly rare opportunity in Santa Fe's coveted downtown district. Gently sloped and zoned R-21, the .42+/- acre parcel offers a variety of potential uses, including single-family residence or multi-family development, subject to applicable approvals. Steps from the scenic overlook at the Cross of the Martyrs, Fort Marcy Park and the Santa Fe Plaza, this opportunity lies in the "center of it all". An extraordinary setting for a future home or investment. City Utilities located near by and Archaeological Clearance from the City of Santa Fe Archaeological Committee has been issued for the property. All development is subject to City of Santa Fe and Historic Review Board approval. Contact listing brokers for additional information.
Location
- Street address
- 338 Otero St
- County
- Santa Fe County
- Zip code
- 87501
- Elevation
- 7,069 feet
Directions
East on Paseo De Peralta > left on Otero > property is on your left near the top of the hill.
Property details
- Lot size
- 0.42 acres18,295 sq ft
- Zoning
- Historic
- MLS #
- SFAR 202603059
- Posted
Parcels
- 011043200
Legal description
T17N R9E S24, TRACT R-1, 0.415 AC
Details and features
Listing
- Type
- Land
- Zoning
- R-21
- Franchise
- Independent
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type |
|---|---|
| Carlos Gilbert | Elementary |
| Milagro | Middle |
| Santa Fe | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 14, 2026 | New listing | $850,000 | — | SFAR |