87 Polo Dr
Santa Fe, NM 87507
130-Space Entitled RV Resort - Santa Fe NM · Land For Sale · 114.00 AC

GRANDE PRIX DE SANTA FE — 130-SPACE ENTITLED RV RESORT & EQUESTRIAN EVENT CENTER 87 South Polo Drive | Santa Fe, New Mexico 87507 | Offering Price: $7,000,000 THE OPPORTUNITY Grande Prix de Santa Fe is the most compelling outdoor hospitality and land investment opportunity in Northern NM. This 5-component offering at 87 S. Polo Dr. assembles entitled land, adjudicated water rights, a deeded access easement, City of Santa Fe Airport ground lease acreage, and reclaimed effluent infrastructure into a single transaction. The Santa Fe County Board of County Commissioners approved the conceptual development plan on 3/10/2026 authorizing a 130-space RV campground, glamping resort, and equestrian/event center in three development phases on 57± acres zoned Planned Development (PDD). With entitlements secured, water rights in hand, access confirmed, and approximately 114 combined acres available, this property is fully positioned for a qualified developer or operator to execute. There is no comparable entitled RV resort site in Santa Fe County. None. The Santa Fe KOA is expanding due to overflow demand. The Taos RV Park sold and was rebranded. Ojo Caliente glamping runs at capacity through high season. The market is undersupplied, the demographics are accelerating, and this is the only shovel-ready, entitled, water-righted RV resort development opportunity in Northern New Mexico on the market today. SANTA FE: THE MARKET Santa Fe is not a typical RV market — it is one of America's premier destination cities. The oldest state capital in the United States, Santa Fe draws over 1.5 million visitors annually, commands some of the highest average daily rates of any small city in the country, and hosts a year-round cultural calendar that includes the Santa Fe Opera, Indian Market, Spanish Market, Canyon Road galleries, and Meow Wolf. It is ranked consistently among the top small cities in the United States for arts, dining, and quality of life. Tourism is the engine of the Santa Fe economy, and demand for quality outdoor accommodation is structurally unmet. The I-25 corridor linking Albuquerque, Santa Fe, and Taos is one of the great RV travel routes in North America, and Santa Fe sits at its most desirable stop. FIVE COMPONENTS 1. Tract 1 — 57± Acres with BCC Entitlements The core of the offering is Tract 1, a 57 acre parcel zoned Planned Development (PDD) carrying full BCC conceptual plan approval for a three-phase development. Phase 1 delivers 50 RV spaces including 18 pull-through replacements, a prefab bathhouse and laundry, a main office, a dog park, recreation areas, and a 250-space event parking lot — all capable of generating revenue from day one of operations. Phase 2 adds 68 RV spaces on the existing polo field area, additional bathrooms, and a new on-site wastewater treatment plant (100' x 50') in the southeast corner. Phase 3 delivers 12 glamping units in the northwest corner, the permanent Main Office building, and potential pavilion and large-format event structures. Total approved buildout: 130 RV and glamping spaces plus 250 event parking spaces. Proposed open space of 19.69 acres exceeds the 17.13-acre minimum. Existing improvements include active polo fields, an observation tower, internal roads, a 6-inch irrigation line with risers, and all primary water utility infrastructure. The buyer is responsible for installing internal roads, electrical service, and the wastewater treatment plant — normal development costs for a destination resort of this scale, fully reflected in the asking price. 2. Ground Lease 57 Acres The offering includes leasehold rights to approximately 57 acres of open land immediately west of Tract One, leased from the City of Santa Fe Municipal Airport. Currently used for pasture, equestrian fields, and event staging, this parcel nearly doubles the operational footprint of the project. Height restrictions associated with Runway 10/28 are expected to be eliminated following the anticipated decommission of that runway, per representations from Santa Fe Airport Interim Manager Jimmy Gunn. Once restrictions are removed, the parcel carries meaningful long-term development potential for additional equestrian facilities, event programming, or commercial uses — all subject to future entitlement. Buyer to review and confirm lease terms, assignment rights, and remaining term in due diligence. 3. North-South Access Easement A 50-foot-wide access easement of approximately 64,500 sf provides the critical north-south vehicular and pedestrian access corridor linking Paseo Real to South Polo Drive. This easement is foundational to the project — without it, both the owned parcel and the leased acreage lack direct legal access to the public road network. Buyer to confirm recording and legal description in title review. 4. Water Rights — Hagerman Well Offering includes adjudicated water rights under OSE Permit RG-590-B: 60.70 AFY authorized diversion and 30.35 AFY consumptive use, permitted for Domestic, Livestock, Irrigation, Municipal, Industrial, and Commercial purposes. The Hagerman Well produces approximately 600 GPM via a 3-phase pump at approximately 360 ft depth. The property includes a 32,000 gal. dual-tank storage system with booster pumps and a Pioneer Lead, Cyst, and PFOA/PFOS filtration system already serving the RV park domestic supply. The PBU (Proof of Beneficial Use) has been confirmed by the OSE and the extension runs through November 11, 2026 — buyer must file before that date. Buyer is strongly advised to retain New Mexico water rights counsel prior to submitting an offer. 5. Reclaimed Effluent Infrastructure The offering includes existing physical effluent infrastructure: an 8-inch pipeline, pump house, and control valves connecting the property to the City of Santa Fe Water Reclamation Facility north of the Airport. No effluent supply agreement is included — the buyer may independently negotiate a new supply agreement with the City of Santa Fe at their discretion. BLM ADJACENCY: THE OUTDOOR ADVENTURE ADVANTAGE The project borders BLM public land directly on western boundary. This is not an amenity that can be manufactured — it is irreplaceable geography. RV resort guests have immediate, trailhead-free access to ATV and OHV riding, horseback riding, hiking, mountain biking, shooting sports at the nearby informal "Camel Tracks" range, and wildlife observation across thousands of acres of open public land. Adventure travel is the fastest-growing segment of American tourism, and proximity to public land access is the single most sought-after attribute among the most active and highest-spending segment of RV travelers. This property delivers it without compromise. EQUESTRIAN & EVENT PLATFORM The existing polo fields, Grand Prix field, and arenas represent an established, revenue-generating event platform with a proven audience. The property has hosted polo matches, equestrian competitions, car shows and more.