$375,000
$220K PRICE DROP

62 Saint Francis Plaza Ranchos de Taos, NM 87557

Estimated payment $2,373/month

Total Views 4,097
-- Bed
-- Bath
6,865 Sq Ft
$55 Price per Sq Ft

About This Home

Contractor Special – Heavy Fixer with Tremendous Upside.
Offered at less than $63 per GLA square foot (approx. 5,953 SF) — or just $55 per total finished square foot including 912 SF of non-conforming space — this multi-family property presents exceptional potential for renovation, resale, or income generation from leasing 7–8 units (depending on final layout, currently vacant).

Situated on vibrant and historic St. Francis Plaza, literally steps from where Ansel Adams captured his famous 1929 photograph of the St. Francis de Assisi Mission Church, this is a truly rare opportunity.

The property includes both adobe and frame construction and has been carefully prepared for renovation: legal access directly from St. Francis Plaza, a formalized lot split with survey, tentative community water agreement (currently served by private well with surface water rights, municipal sewer), plus asbestos abatement, architectural plans, and substantial interior demolition already completed.

Now positioned for permitting, this property is ready for the right buyer to bring the project to completion.

Listing Agent

Matthew Kreitzer

Mountain Sky Realty License #REC20240713 Listed on: 03/11/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1800

Lot Details

  • 0.35 Acre Lot

Home Design

  • Split Level Home
  • Metal Roof

Interior Spaces

  • 6,865 Sq Ft Home
  • Multi-Level Property

Schools

  • Taos Elementary School
  • Taos Jr High Middle School
  • Taos High School

Utilities

  • No Cooling
  • No Heating
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 1072145389320

Property Details

Home Type

Multi-Family

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Year Built: 1800
  • Prop. Type: Residential Income
  • Directions: Located on the northern end of St. Francis Plaza in Ranchos de Taos, just off NM-68.
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built Details: Approximate date of construction for the adobe portion. (Frame portion dates from the 1970s.)
  • Special Features: None

Interior Features

  • Levels: Multi/Split
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Interior Steps

Exterior Features

  • Roof: Metal
  • Disclosures: Lead Based Paint Disclosure

Utilities

  • Cooling: None
  • Utilities: Other, See Remarks, Electricity Available
  • Heating: None
  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Other, Private, See Remarks, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Taos
  • High School: Taos High School
  • Middle Or Junior School: Taos Jr High

Lot Info

  • Lot Size Acres: 0.35
  • Zoning: Other
  • Lot Size Sq Ft: 15071.76
  • Parcel #: 1072145389320
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 7

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $375,000 -5.1% $55 / Sq Ft
04/21/2025 04/21/25 Price Changed $395,000 -26.6% $58 / Sq Ft
04/09/2025 04/09/25 Price Changed $538,000 -9.6% $78 / Sq Ft
03/11/2025 03/11/25 For Sale $595,000 -- $87 / Sq Ft
Source: Santa Fe Association of REALTORS®

Source: Santa Fe Association of REALTORS®

MLS Number: 202500702

Santa Fe Association of REALTORS®