1A, 1B, 2, 4, 5, 7 Melody Lane, Santa Fe, NM 87506

• 3 beds |
• 2 baths |
• 2,181 sqft

Property Description

Rare Melody Lane property strategically situated between Santa Fe and Los Alamos, 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.

Listing Status:

Active

Date Added:

February 17, 2026

Data Last Updated:

February 23, 2026 at 3:17AM

Listing Office:

Coldwell Banker Mountain Prop : (505) 988-7285

Listing Agent:

Yancy Whittaker : (760) 880-6432

MLS ID:

202600589

Interior

• General: Interior Steps
• A/C: Evaporative Cooling
• Heating: Forced AirNatural Gas
• Fireplace: KivaFireplaceFireplaces: 1
• Disability Feature: Not ADA Compliant

Exterior

• Style: Northern New MexicoPueblo
• Parking: AttachedCarportGarageParking spaces: 4

Construction

• Roofing: Metal
• General: 2

Location

• Originating MLS: SFAOR_SFAOR
• County: Santa Fe

Lot

• Zoning: T19N R 8E S12 1.83 AC D231 P101 AND T19N R 8E S12 0.19 AC EXC 110 PC 153 Acres: 0.019033755776 & 36010001

Utilities

• Utilities: Electricity AvailableItem220Volts
• Water: PrivateWell
• Sewer: Septic Tank

Financial

• Source: SFAOR_SFAOR