Historic Santa Fe One-Time School Building is Now Up for Sale

Alvord Elementary School mural Library of Congress photo 1
Historical mural on a wall of the Alvord Elementary School in the Railyard District of Santa Fe, the capital city of the southwest U.S. state of New Mexico. Also known as the Railyard-Guadalupe District, the neighborhood evolved from a deteriorating warehouse and Santa Fe Railroad buildings quarter into a brimming arts center, home to several studios. The surroundings are reviving, but the Alvord School had passed 10 years as a vacant building at the time of this 2020 image.

A one-story brick building in Santa Fe that formerly served as the home of the Alvord Elementary School is now on the open market with a listing price of exactly $1 million.

Located at 1625 Paseo del Peralta, the building sits on a just under 3-acre site, and has been the subject of redevelopment proposals since its closing as a school in June of 2010.

In September, the Santa Fe Planning Commission approved a repurposing idea proposed by a Dallas developer that would have seen the school building turned into a luxury hotel.

After that idea was subsequently abandoned by the developer, the Alvord School building was listed for sale by real estate firm Real Estate Advisors, which has offices in both Santa Fe and Albuquerque.

Built in the early 1930s and added onto at least four times between 1963 and 2004, the 31,000-square-foot structure was earlier also seen as a possible office building for the City of Santa Fe, but that idea was discarded when the reported $1.5 million renovation estimate was regarded as too high.

The structure is designated as a Class B building and has nearly 50 individual rooms. It also uniquely features exterior wall murals painted by the school’s students in the 1990s.

Located in the Guadalupe/Railyard district, the property is regarded as an infill redevelopment site.

December 18, 2025

By Garry Boulard

Photo courtesy Library of Congress

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