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2872 Nm 14

Madrid, NM 87010
  • $410,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 202602489
UPDATED: 10 min ago
$410,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,400
    SQFT
  • $293
    $/SQFT
Neighborhood:
Type:
Shared Interest
Built:
1940
County:

School Information

Elementary School:
Middle School:
High School:

Description

A potentially commercial/residential property in heart of the popular artist and entertainment tourist destination, Madrid New Mexico is right on the Turquoise Trail National Scenic Byway, Hwy 14. Property is perfectly situated for a vacation rental, retail/gallery or home. Covered front porch entrance into a spacious and sunlit front room-gallery, kitchen, bathroom, bedroom, and a back room that could be a second bed room or an office. Basement area, sun room and yard.. 23 miles from Santa Fe, Madrid attracts visitors from both Santa Fe and Albuquerque as well as National and International tourists and is famous for its many unique shops and galleries, Christmas light display, 4th of July and Christmas Parades, and Maggie's Diner biker photo op and Wild Hogs movie memorabilia. There are two restaurants within a ten minute walk, Owner may finance with acceptable down payment of $143,500 at 7%.

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Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-09T09:51:35.143.
www.theverybestofsantafe.com/homes/177697443
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2872 Nm 14 Madrid, NM 87010

  • Price: $410,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 10 min ago
  • MLS #: 202602489
2
Beds
1
Baths
0
½ Baths
0.17
Acres
1,400
SQFT
$293
$/SQFT
1940
Built
Neighborhood:
12-Madrid/Cerrillos
County:
Santa Fe
Area:
12-Madrid/Cerrillos
Elementary School:
Turquoise Trail
Middle School:
Capshaw
High School:
Capital
Property Description
A potentially commercial/residential property in heart of the popular artist and entertainment tourist destination, Madrid New Mexico is right on the Turquoise Trail National Scenic Byway, Hwy 14. Property is perfectly situated for a vacation rental, retail/gallery or home. Covered front porch entrance into a spacious and sunlit front room-gallery, kitchen, bathroom, bedroom, and a back room that could be a second bed room or an office. Basement area, sun room and yard.. 23 miles from Santa Fe, Madrid attracts visitors from both Santa Fe and Albuquerque as well as National and International tourists and is famous for its many unique shops and galleries, Christmas light display, 4th of July and Christmas Parades, and Maggie's Diner biker photo op and Wild Hogs movie memorabilia. There are two restaurants within a ten minute walk, Owner may finance with acceptable down payment of $143,500 at 7%.
Exterior Features

Architectural Style Northern New Mexico Garage YN No Levels Two Parking Total 1 Roof Metal

Interior Features

Basement YN Yes Cooling Evaporative Cooling Window Unit(s) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Wood Foundation Details Basement Heating Propane Heating YN Yes Interior Features Interior Steps Living Area 1400

Property Features

Accessibility Features Not ADA Compliant Association Fee 20 Association Fee Includes Common Areas Disclosures Lead Based Paint Disclosure Land Lease YN No Lease Considered YN No Listing Terms Cash Conventional New Loan Owner Will Carry Ownership Type Fractional Property Attached YN No Property Sub Type Single Family Residence Property Sub Type Additional Detached Single Family Residence Fractional Sale Or Lease Indicator For Sale Sewer Septic Tank Special Listing Conditions Standard Utilities Electricity Available

Santa Fe Association of Realtors logo Listing provided courtesy of Terrance Polly of Cholla Properties: (505) 438-7330. © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-09T09:51:35.143.
 
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Santa Fe NM, 87501