Sale Land
87 South Polo Drive, Santa Fe, NM 87507
Real Estate Advisors, LLC (CCIM | SIOR) presents the most compelling outdoor hospitality investment opportunity in Northern New Mexico. Located at 87 South Polo Drive in Santa Fe, this five-component offering delivers 57± entitled acres, ~57 acres of Airport ground lease, adjudicated water rights, a deeded access easement, and reclaimed effluent infrastructure — all in one transaction.Santa Fe County BCC approved a 130-space RV campground and equestrian/event center in three phases (BCC Case No. 25-5230, March 2026). Phase 1 delivers 50 RV spaces and 250-space event parking. Full buildout yields 130 RV/glamping spaces, a Pavilion, and a Main Office on 57 acres — with ~57 additional leased acres for equestrian, event, and future development use.The Hagerman Well (Permit RG-590-B) delivers 60.70 AFY diversionary / 30.35 AFY consumptive rights with a 600 gpm well, 32,000-gallon storage, and full filtration — valued at $40,000/AF by local water rights counsel. Existing reclaimed effluent pipeline infrastructure connects to the City of Santa Fe Water Reclamation Facility (infrastructure only; no supply agreement conveyed).The site borders BLM land directly, giving guests immediate access to ATV trails, horseback riding, hiking, mountain biking, and shooting sports. Santa Fe draws 1.5M+ visitors annually. No comparable entitled RV resort site exists in Santa Fe County. • 130-Space Entitled RV Resort — Santa Fe County BCC approved a 130-space RV campground and equestrian/event center in three phases on 57± acres (Case No. 25-5230, March 10, 2026) — the only entitled RV resort site in Santa Fe County.• ~114 Acres Combined — The offering packages 57± owned acres with a City of Santa Fe Airport ground lease covering an additional ~57 acres of equestrian, event, and future development land.• Adjudicated Water Rights Included — The Hagerman Well (OSE Permit RG-590-B) delivers 60.70 AFY diversionary and 30.35 AFY consumptive use rights, permitted for domestic, commercial, municipal, irrigation, livestock, and industrial use, valued at $40,000 per acre-foot.• Direct BLM Land Adjacency — The property borders Bureau of Land Management public land, giving guests immediate access to ATV trails, horseback riding, hiking, mountain biking, and shooting sports without leaving the site.• Established Equestrian and Event Platform — Active polo fields, arenas, a Grand Prix field, and 250 approved event parking spaces support polo, horse shows, corporate events, concerts, weddings, and RV rallies.• Phased Development — Cash Flow from Day One — Phase 1 (50 RV spaces + event parking) can generate revenue while Phase 2 and Phase 3 infrastructure is designed and financed, reducing up-front capital requirements.• Offered at $7,000,000 — Contact Real Estate Advisors, LLC — Exclusively listed by Real Estate Advisors, LLC (CCIM | SIOR), Santa Fe’s only exclusively commercial brokerage; call 505-539-3200 or visit REANM.com.
View Listing
