HIPICO of Santa Fe offers an incredible opportunity to invest in a commercial property with outstanding water rights, existing infrastructure, strategic location, and a plethora of possible uses. Originally developed and operated as a profitable world-class equestrian facility, HIPICO events were severely limited in 2020 due to the Covid crisis. A new owner may choose to continue the successful equestrian event operation or re-purpose the property in their vision. The substantial water rights are a unique and valuable asset anywhere in the west but especially in northern New Mexico. HIPICO is located on the southwest side of Santa Fe near the airport, I-25, and borders thousands of BLM land acres.

There are multiple improvements on the property, including three single-family homes, a clubhouse, 14,000 sq ft main barn, 25,000 sq ft indoor arena, 9,000 sq ft show barn, hay barn, shop, and storage buildings. There are over 46,000 sq ft of covered space, not including the residences. The property’s focal pieces are the equestrian and polo fields exquisitely maintained with the finest footing available. A small RV park with water and electricity is already in place, begging for expansion. The HIPICO event schedule has been impressive with top-level equestrian events, polo, horsemanship clinics, and the home for the New Mexico Center for Therapeutic Riding. International equestrians and equine athletes flocked to the A-Rated Santa Fe Summer Series featuring A-rated Dressage and Hunter/Jumper competitions. Because of the investment quality, paired with recreational and environmental components, HIPICO is one of the open market’s unique properties. What’s your vision? Continued Equestrian facility, Residential development, Upscale RV park, logistics hub, retreat center? All are possibilities, and then there is always your unique vision!


  • 80± deeded acres | 57± leased acres
  • Borders the city of Santa Fe, New Mexico
  • Abundant deeded Water Resources
  • Extensive Improvements that can be re-purposed
  • Proven revenue generating location
  • Near Santa Fe Airport
  • Near Interstate 25
  • Borders thousands of BLM acres
  • Currently a world-class equestrian facility
  • Upscale RV park
  • Learn more about this property, its investment potential and information about the area in the Property Brochure.

Contact the Fay Ranches
Land Professionals

Fay Ranches is headquartered in Bozeman, Montana with offices from coast to coast. For over two decades we have specialized in helping investors locate and acquire the finest land assets in the country, including farms, ranches, timberland, plantations, and vineyards.  When it comes time to sell your land, we use an extensive marketing platform and unrivaled reach to attract an exclusive pool of qualified investors.

Listing Presented by

Contact Jim Vidamour, ALC
Principal Broker
Licensed in: CO, NM
Contact Robert Martin
Ranch Broker
Licensed in: NM, CO

Our Reach

Special properties deserve an exceptional land brokerage company like Fay Ranches. Our team has the knowledge, proven record of success, and a deep appreciation for the land and its traditions. We know how to market your unique property to the right audience. We invite you to learn more about our approach. Please call us at 800-238-8616 or click on the link below for more information.

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