Tucked behind curved, gated walls in the heart of South Capital, this historic Spanish Pueblo Revival home offers the ideal blend of charm, location, and income potential. Built in the 1930s with iconic 15-inch adobe walls, original hardwood floors, and divided-light sash windows, this home exudes authentic Santa Fe character. Currently operating as a successful short-term rental, this property has a strong rental history, making it an excellent opportunity for investors or those looking to offset ownership costs with passive income. The thoughtful floor plan includes two private bedrooms, a spacious living area, and excellent flow for both hosting and relaxing. Step outside to enjoy the beautifully crafted flagstone patio and shaded portal, surrounded by mature trees and romantic gardens. Backing onto the historic Arroyo Tenorio Acequia, the setting is peaceful yet connected. Boasting a Walk Score of 91, you’re just moments from the Plaza, River Walk, top-rated restaurants, cafes, art galleries, and Santa Fe’s vibrant cultural scene. Whether you’re seeking a charming residence, a part-time pied–terre, or a turn-key rental investment, this South Capital gem delivers. Imagine the Possibilities and make this beautiful home yours!