1329 Upper Canyon Road presents a compelling opportunity for those seeking to rehabilitate or redevelop a unique property in one of Santa Fe's most desirable locations. Perched atop a tree-lined ridge above the Santa Fe River and adjacent to the picturesque river trail, this offering includes two properties sold together: a 0.47-acre lot with existing improvements and a vacant 0.17-acre lot. The improved lot features a classic adobe main house, encompassing 1,430 square feet with one bedroom and one bathroom, and a detached 394 square foot studio. The buildings showcase traditional Santa Fe charm with various styles of fireplaces, exposed mud walls with organic, rounded features, a bathroom with colorful clay tiles, and exposed wood beams and ceiling planks throughout the living spaces. Previously rented, the home presents an opportunity for rental income while offering a canvas for future updates. The vacant lot provides additional potential, whether for expanding the existing property or developing a new venture. Upper Canyon Road, renowned for its proximity to esteemed galleries and its location along the scenic Santa Fe River, adds exceptional value to this property. This is a rare chance to invest in a prime and historic Santa Fe location.