Coldwell Banker Mountain Prop

1a, 1b, 2, 4, 5, 7 Melody Lane, Santa Fe, NM

$599,000

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3

Beds

2

Baths

2,181

Square feet

1.85

Acres

About 1a, 1b, 2, 4, 5, 7 Melody Lane

Strategically situated between Santa Fe and Los Alamos, is this rare Melody Lane Compound, just off CR 84 in Jacona just West of Nambé. Spanning two separately deeded parcels with multiple established addresses, this unique estate provides exceptional flexibility, valuable domestic and livestock water rights, and ample acreage in one of Northern New Mexico’s popular and well traveled corridors. At the center of the property is a spacious 2,181 sq. ft. main residence ready for immediate enjoyment. Additional detached residential structures are positioned throughout the acreage, offering a variety of possibilities for rental opportunity, extended household use, guest accommodations, studio space, or future planning.The area’s rich soil and outdoor potential, make it easy to imagine gardens, animals, and a true Northern New Mexico homestead lifestyle. The property will require vision and dedication to fully realize its true potential, reflected in a list price nearly $300,000 under recent appraisal, but the setting, land, and water security create a rare long-term opportunity is . A special chance to create a legacy compound with room to grow in a prime location between Santa Fe and Los Alamos. While traditional investments face unprecedented uncertainty, this 2-parcel, 4-unit property offers what paper assets cannot: tangible income-generating real estate with water rights in a supply-constrained market. Multiple revenue streams provide natural inflation protection as rents rise with the cost of living. Sees New Mexico real estate as undervalued vs. CA/CO/TX. Call for more information and to schedule your private showing today.

Features of 1a, 1b, 2, 4, 5, 7 Melody Lane

MLS® # 202600589
Price $599,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 2,181
Acres 1.85
Year Built 1967
Type Residential
Sub-Type Single Family Residence
Style Northern New Mexico, Pueblo
Status Active

Community Information

Address 1a, 1b, 2, 4, 5, 7 Melody Lane
Area 16-Pojoaque Valley
City Santa Fe
County Santa Fe
State NM
Zip Code 87506

Amenities

Utilities Electricity Available
Parking Spaces 4
Parking Attached, Carport, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features Interior Steps
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Fireplace Yes
# of Fireplaces 1
Fireplaces Kiva
Stories Two
Has Basement No

Exterior

Roof Metal

School Information

Elementary Pojoaque
Middle Pojoaque Jr High
High Pojoaque High School

Additional Information

Date Listed February 17th, 2026
Days on Market 61
Short Sale No
RE / Bank Owned No

Listing Details

AgentYancy Whittaker
OfficeColdwell Banker Mountain Prop

Listing Map

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