$400,000
2 Beds
1 Bath
1,533 Sq Ft
$261 Price per Sq Ft

Highlights

  • 0.55 Acre Lot
  • Wood Flooring
  • No Interior Steps
  • Wood Burning Stove
  • Soaking Tub
  • 1-Story Property

About This Home

Nestled on an oversized lot bordering the town greenbelt, this beautifully updated Madrid cabin blends historic character with thoughtful modern enhancements. The expanded country kitchen is a true centerpiece, featuring open shelving, butcher-block counters, and a generous center island ideal for gourmet cooking and entertaining. The updated bathroom offers a luxurious soaking tub, and much of the home’s original hardwood flooring has been lovingly preserved. A heated sunroom provides a bright, welcoming living space, while one of the bedrooms showcases classic English wainscoting that adds to the home’s timeless charm. The main bedroom opens onto a private porch overlooking the greenbelt—an ideal spot for morning coffee or evening relaxation. The property also includes a versatile detached studio complete with a sink, woodstove, private porch, and an additional bathroom ready for activation. Perfect for artists, guests, or a home office. Outside, enjoy views of the Sangre de Cristo Mountains from the landscaped yard, with direct access to the greenbelt leading to a 40-acre county open space—perfect for hiking and exploring. Residents of Madrid also share ownership of the historic Madrid Ballpark, the first lighted ballpark in North America and still a vibrant hub for community events and tournaments. Located within easy walking distance of Madrid’s general store, restaurants, coffee shop, and galleries, this home offers a rare blend of privacy, character, and walkable village living. Convenient access to both Albuquerque and Santa Fe completes the package, making this a truly special opportunity in the heart of Madrid.

Listing Agent

Cindy Sheff

Sotheby's Int. RE/Grant License #39577 Listed on: 03/18/2026

Sotheby's Int. RE/Grant

Home Details

Home Type

  • Single Family

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction
  • Pitched Roof
  • Metal Siding
  • Stucco

Interior Spaces

  • 1,533 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Washer

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Schools

  • Amy Biehl Community Elementary School
  • Capshaw Middle School
  • Capital High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • No Interior Steps
  • 0.55 Acre Lot

Community Details

  • Association fees include common areas, insurance, road maintenance
  • Madrid Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076004137

Home Details

Home Type

Single Family

Lot Details

0.55 Acres

HOA Fees

$2 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Subdivision Name: Madrid Townsite
  • Directions: Hwy 14 to Madrid Townsite, Right on Backroad, home is on right
  • Architectural Style: Cabin, Other, See Remarks
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built Details: Year unknown
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater, Washer
  • Levels: One
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Wood BurningStove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Wood
  • Interior Amenities: No Interior Steps
  • Living Area: 1209.0

Exterior Features

  • Roof: Pitched
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Frame, Metal Siding, Stucco
  • Other Structures: Studio Detached
  • Property Condition: Unknown

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Utilities: High Speed Internet Available, Electricity Available
  • Heating: Propane, Wood Stove, Wall Furnace
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Amenities: Other, See Remarks
  • Association Fee: 20.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Road Maintenance

Schools

  • Elementary School: Amy Biehl Community
  • High School: Capital
  • Middle Or Junior School: Capshaw

Lot Info

  • Lot Size Acres: 0.55
  • Land Lease: No
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 076004137

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $409 $59,019 $33,842 $25,177
2024 $401 $57,301 $32,857 $24,444
2023 $401 $55,633 $31,900 $23,733
2022 $391 $54,013 $31,900 $22,113
2021 $392 $17,847 $11,459 $6,388
2020 $465 $21,027 $14,793 $6,234
2019 $476 $21,340 $14,793 $6,547
2018 $478 $21,359 $14,793 $6,566
2017 $466 $20,930 $15,119 $5,811
2016 $438 $20,320 $13,333 $6,987
2015 $429 $19,728 $13,333 $6,395
2014 $406 $19,135 $13,320 $5,815
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2026 03/18/26 For Sale $400,000 -- $261 / Sq Ft
Source: Santa Fe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Contract Of Sale $303,000 Stewart Santa Fe
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Santa Fe Title Co
Warranty Deed -- St&E
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $204,750 Purchase Money Mortgage
Previous Owner $94,898 FHA
Source: Public Records

Source: Santa Fe Association of REALTORS®

MLS Number: 202600876

Santa Fe Association of REALTORS®

APN: 076004137

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