1023 Bishops Lodge

Rare investment opportunity just off Bishops Lodge Road in one of Santa Fe's most desirable areas. Offered as a short sale, this property presents an opportunity for an investor, builder, or buyer looking to complete the renovation and bring the home's full vision to life. Ideally located less than 5 minutes from the historic Santa Fe Plaza and just down the road from the Governor's Mansion, the property offers a unique combination of privacy, convenience, and proximity to downtown Santa Fe. Renovations have been started but are not complete, allowing the next owner to finish the property to their own specifications. A proposed new floor plan concept has been uploaded for reference. The property previously appraised at over $1.4 million prior to completion of the current renovation project; buyers should independently verify current and future value. Major improvements include a new water heater and two furnaces installed in January 2023, along with a new septic system installed in 2024. Property is being sold in its current, unfinished condition and is subject to short-sale/lender approval. Contact the listing broker for additional renovation details and estimated costs to complete.