100 S Polo Drive

Santa Fe, NM
$ 4,960,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

HIPICO of Santa Fe offers an incredible opportunity to invest in a commercial property with outstanding water rights, existing infrastructure, strategic location, and a plethora of possible uses. Originally developed and operated as a profitable world-class equestrian facility, HIPICO events were severely limited in 2020 due to the Covid crisis. A new owner may choose to continue the successful equestrian event operation or re-purpose the property. Substantial water rights are a unique and valuable asset anywhere in the west but especially in northern New Mexico. HIPICO is on the southwest side of Santa Fe near the airport, I-25, and borders thousands of BLM land acres. There are multiple property improvements, including three single-family homes, a clubhouse, the main barn, a huge indoor arena, show barn, hay barn, shop, and storage buildings. There are over 46,000 sq ft of covered space, not including the residences. The property's focal pieces are the equestrian and polo fields exquisitely maintained with the finest footing available. An RV park with water and electricity is already in place.

Com Land

  • Price
  • $ 4,960,000
  • Lot Size
  • 80.64 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Santa Fe
  • Taxes
  • $ 17258
  • County
  • SANTA FE
  • Style
  • Acreage
  • Area
  • Airport Road Area
  • MLS#
  • 202100227
  • Zip
  • 87507
Listing Provided by: Robert Martin with Fay Ranches, Inc..
Data Source: Santa Fe AOR (SFAR) - 152 - NM

Features

General

Bank Owned No
Class COMMERCIAL LAND
Listing Area 13-Airport Road Area
Possession Upon Funding
Price Per Sq Ft 61507.94
Property Description HIPICO of Santa Fe offers an incredible opportunity to invest in a commercial property with outstanding water rights, existing infrastructure, strategic location
Showing Instructions Agent Present, Call Listing Office
Status Active
Status Active
Tax Year 2019
Terms Cash, Conventional
Type Acreage
Utilities City Water, County Water, Well
Zoning Other - See Remarks

Exterior Features

Land Approx Sq Ft 5+ Acres
Riverfront No
Water Rights Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the White Rock, NM office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/22/2021 Listed $4,960,000

Property vs Zip Code Average in 87507

Price
AVG $1.39M
$4.96M
Taxes
AVG $7,928
$17,258
Visits
AVG 71
89

Map

100 S Polo Drive Santa Fe, NM is a Single Family Home for sale at $4960000 and a lot size of 80.64 Acres Acre(s). 100 S Polo Drive Santa Fe has 0 bedrooms, 0 baths . The property's zip code is 87507 which is in Santa Fe, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.