Madrid NM Homes for Sale
$454,995
2874 Nm 14 Madrid, NM 87010
- Type:
- Single Family
- Sq.Ft.:
- 1,224
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.18 Acres
- Year built:
- 1990
- Baths:
- 2.00
- MLS#:
- 202403907
ADDITIONAL INFORMATION
Gorgeous and Updated commercial/Residential property located in the heart of Historic Madrid. Don't miss out on this charming spacious 2-bedroom 2 bath gem with many uses! With 1244 sq ft, this home boasts many features including a newly installed (industrial sized) refrigerated air HVAC unit, newer windows installed in 2019, vaulted ceilings and hardwood flooring, and a bonus area attic that doubles as a sleeping loft. There is an updated 3/4 bathroom and updated kitchen with lots of counter space and plenty of cabinets! Enjoy the outside with an elegant 2-tier stone patio located in the backyard for the upcoming fall evening! A detached 336 sq ft garage and a 100 sq ft storage shed are perfect for added storage or it can be used as a workshop/studio.
$239,000
2902 NM 14 Madrid, NM 87010
- Type:
- Single Family
- Sq.Ft.:
- 500
- Status:
- Active
- Beds:
- 1
- Lot size:
- 1 Acres
- Year built:
- 2011
- Baths:
- 1.00
- MLS#:
- 202403177
ADDITIONAL INFORMATION
Two Tiny Homes on a full acre in the artistic town of Madrid. One is Tiny, the other Tinier…..Less is more! Plans for the main Tiny home were designed by popular and well known tiny home builder, Tumbleweed Tiny House Company. Historic stone dynamite storage shed adds to the charm of the property. Centrally located across the street from the community park and baseball field.
$399,000
7 Old Hospital Madrid, NM 87010
- Type:
- Single Family
- Sq.Ft.:
- 1,020
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.21 Acres
- Year built:
- 1967
- Baths:
- 2.00
- MLS#:
- 202402555
ADDITIONAL INFORMATION
Welcome to The Alley House, an adorable bungalow-style home featuring a separated two bedrooms and two baths, nestled in the heart of the picturesque village of Madrid. This delightful property has been thoughtfully remodeled to include a charming studio apartment and main living quarters, perfect for guests or as a comfortable mother-in-law suite. The generous lot size offers endless possibilities! Imagine the potential to add another structure, whether it’s an artist's studio or a garage. The ample space is also ideal for creating your own beautiful garden oasis. Situated on a private alley lane, this home provides a serene retreat in the heart of the vibrant community of Madrid. Located along the scenic Turquoise Trail between Santa Fe and Albuquerque, Madrid is known for its unique shops, art galleries, and cozy cafes. Don’t miss out on this incredible opportunity! The Alley House sits on a larger-than-average lot for Madrid, offering plenty of room for gardening, storage, or designing your dream yard. With 1,020 square feet of living space, this home combines privacy and convenience in one perfect package. Explore all that The Alley House and the enchanting village of Madrid have to offer. Schedule your visit today!
- Type:
- Single Family
- Sq.Ft.:
- 2,301
- Status:
- Active
- Beds:
- 2
- Lot size:
- 20 Acres
- Year built:
- 2011
- Baths:
- 2.00
- MLS#:
- 202401900
ADDITIONAL INFORMATION
Nestled high in the Los Cerrillos Hills and located just 3 miles from the bustling town of Madrid, NM is a rare opportunity to own 20 acres of scenic beauty! The views are simply outstanding! Convenient to both Santa Fe and ABQ this home is ready for the new owners to complete a resent remodel. With two kitchens, two baths and an expansive wrap around deck, this open concept permitted construction is nearly completed and simply in need of some finishing touches! Enjoy off-grid sustainable living with a generous solar power system including 6 Lithium batteries with room to expand. The approximately 1,100 gallon cistern provides ample water storage with reliable local delivery service and currently supports a two person household, 2 horses, 6 dogs and Lucky the parrot. The lower level features a full kitchen, wood stove, one bedroom and one bath with an extra-large storage room! This home recently underwent a massive permitted addition of the entire second floor with a huge wrap around view deck, a new pro-panel pitched roof and new stucco and windows. Featuring a vaulted tongue and groove ceiling, laminate flooring and brand-new high end appliances simply bring your imagination to finish this one of a kind property. The flexible space enables a single-family residence or use as a duplex. Live in one and rent the other! Reasonable covenants with No HOA and horses are welcome with an electrified paddock and horse barn. There is also a fenced in yard for your pets and a large shipping container for extra storage! Don’t miss this opportunity and schedule your showing today!
$542,000
2833 NM 14 Madrid, NM 87010
- Type:
- Other
- Sq.Ft.:
- 1,664
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 202402232
ADDITIONAL INFORMATION
This captivating landmark light building offers a unique blend of history, income potential, and artistic charm. Nestled in the heart of vibrant Madrid, this property boasts a spacious, renovated Miner's Cabin - perfect for a gallery, studio, workshop, or retail space. Imagine showcasing your creations under the glow of track lighting, or cozying up by the warmth of a wood-burning stove. An adjacent, light-filled office space provides endless possibilities for your business needs. Income Potential with Two Charming Apartments: Two fully renovated apartments (1,471 sq. ft/832 sq. ft.), each featuring hardwood floors and individual mini-split AC/heating units, offer the potential to generate rental income. With its own separate entrance, the private upstairs apartment boasts a vaulted ceiling, sun-drenched space, and a deck for stargazing or morning coffee. The cozy downstairs apartment features a private deck and a dedicated BBQ area, ideal for entertaining. Unwind and Create in a Tranquil Oasis: A spacious, partially finished basement includes a laundry room and ample storage and workspace. For additional creative pursuits, a separate stucco work studio sits at the back of the property. Unwind in the private, fenced backyard with a dedicated garden area, a perfect escape after a long day. Off-street parking provides added convenience. Immerse Yourself in Madrid's Art Scene: Located just up the street from the famed Mine Shaft Tavern and the heart of Madrid's vibrant art scene. Easy access to Santa Fe (30 mins) and Albuquerque (45 mins) puts world-class museums, culture, shopping, and outdoor adventures at your fingertips. This captivating property offers the perfect blend of income potential, creative space, and a front-row seat to the artistic energy of Madrid. Don't miss this rare opportunity!
$1,150,000
2885 Hwy 14 Madrid, NM 87010
- Type:
- Single Family
- Sq.Ft.:
- 3,658
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.16 Acres
- Year built:
- 1878
- Baths:
- 3.00
- MLS#:
- 202401904
ADDITIONAL INFORMATION
This beautiful income-producing property in historic downtown Madrid NM is ready for its new owners! Originally built as a Miners Boarding House, this prestigious building now supports a successful grocery store and owner’s residence. This large flexible space offers numerous possibilities for commercial use or as a private residence. Zoned mixed use, this historic property would work well as a restaurant, grocery, gift shop, brewery or simply move in! Built in the late 1800s and brought by rail to Madrid, this beautiful property has been lovingly restored by the current owners. Taking care to preserve the original character, recent updates include a new roof, 400 amp electrical, newer plumbing, and instant hot water. The strong Private Well equipped with a 1000-gallon cistern provides a dependable water source and a new Septic System was installed in 2022! The lower level is currently a popular grocery store and has been wired to support a commercial kitchen with plenty of storage, including a walk-in cooler and freezer. (Grocery equipment and chattel to be sold separately.) The upper-level features tall ceilings with original finishes, multiple connecting rooms, and wet walls for ease of added baths. The covered screened porch showcases beautiful views and there is plenty of parking for all of your customers and guests. Additional space in the large walk-up attic offers more opportunity while a separate rental casita and original ‘wash house’ are included in the sale. Please schedule through ShowingTime or call listing broker directly. Advanced notice required
$499,000
66 old windmill rd Madrid, NM 87010
- Type:
- Single Family
- Sq.Ft.:
- 2,666
- Status:
- Active
- Beds:
- 2
- Lot size:
- 20 Acres
- Year built:
- 1998
- Baths:
- 2.00
- MLS#:
- 202342143
ADDITIONAL INFORMATION
Introducing this extraordinary property on 20 acres that feature breathtaking views, nestled in the serene landscapes of Cerrillos, New Mexico. Only 45 minutes to Santa Fe, this charming earthen home allows you to experience year-round comfort as the home remains warm in the winters and cool in the summers. Meticulously crafted by visionary architect Michael Reynolds, this home features a 9000 gallon cistern water system and solar powered energy, ensuring self-sufficiency and eco-friendly living… and no utilities to pay for! Two kitchens, two bedrooms and a two bathrooms with equal living spaces, this property invites you to embrace a harmonious blend of modern comfort and natural beauty, making it an ideal forever home. Come see the view from your front door.
Madrid Real Estate
The median home value in Madrid, NM is $300,000. This is lower than the county median home value of $490,000. The national median home value is $338,100. The average price of homes sold in Madrid, NM is $300,000. Approximately 24.81% of Madrid homes are owned, compared to 53.38% rented, while 21.81% are vacant. Madrid real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madrid real estate agent to arrange a tour today!
Madrid, New Mexico has a population of 276. Madrid is less family-centric than the surrounding county with 18.61% of the households containing married families with children. The county average for households married with children is 23.22%.
The median household income for the surrounding county is $64,423 compared to the national median of $69,021. The median age of people living in Madrid is 59.6 years.
Madrid Weather
The average high temperature in July is 88 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 15 inches per year, with 31.1 inches of snow per year.