Exceptional redevelopment and income-producing opportunity at 400 Brunn School Rd. Situated on 2.16 acres, this property has successfully operated as a school for over 40…
MLS: 202600757
List Date: 03-02-2026
Status: Active
Area: Southeast City, South
Type: Investment
Acres: 2.16
Cindy Sheff
505.470.6114
Exceptional redevelopment and income-producing opportunity at 400 Brunn School Rd. Situated on 2.16 acres, this property has successfully operated as a school for over 40 years and now offers compelling upside under new zoning allowances.The site includes approximately 3,060 sq ft in the main building plus an additional 1,500 sq ft in a detached casita and studio–creating immediate flexibility for phased development, rental income, live/work configurations, or adaptive reuse.With zoning now permitting up to 8 residential units (including 2 designated as affordable housing), investors have a rare chance to capitalize on multi-unit development potential in a high-demand Santa Fe market. Explore workforce housing, long-term rental units, short-term rental concepts (subject to city approval), co-housing, creative campus-style living, or a mixed-use residential compound.Existing improvements may reduce initial development costs while allowing for strategic repositioning to maximize returns. The acreage supports thoughtful site planning, parking solutions, outdoor amenities, and expansion concepts–making this a compelling value-add or ground-up redevelopment play.Opportunities offering this level of acreage, density potential, and structural footprint are increasingly scarce. Ideal for developers, 1031 exchange buyers, or investors seeking diversification through multi-stream residential income.
Construction Materials:Adobe, Frame
Days on Market:5
Parking Spaces:5
Property Type:Commercial Building
Property Sub Type:Investment
Roof:Metal
Sewage:Public Sewer
Utilities:Electricity Available
Zoning:C-1
Tara Woodruff
Keller Williams Realty
