This Historic Adobe estate has prime land and development opportunity near downtown Santa Fe. This exclusive offering is a 1931 Adobe structure featuring a one bedroom one bathroom configuration. The elevated positioning affords expansive unparalleled views of the surrounding landscape. Preliminary assessment indicates the acreage is sufficient to accommodate the development of a second residential parcel, offering an exceptional investment for expansion opportunity, subject to zoning confirmation. Notably, there is a separate rear entrance to the backside of the property on N. Armijo Lane. The estate is defined by its maturity and natural beauty, featuring abundant native trees, notably including two striking black walnut trees along with some other fruit baring trees. The property maintains a remarkable balance of secluded natural tranquility while remaining approximately 5 minutes from the cultural and culinary center of downtown Santa Fe. This is a rare market entry for a developer, investor, or homeowner seeking a distinct blend of historic architecture, and close proximity to the city and acreage for future expansion. Don't miss this opportunity!