Prime Property on Madrid’s Main Strip !!Discover an exceptional opportunity in the heart of Madrid, NM! This 3-bedroom, 1-bathroom property is ideally located on the vibrant main strip, offering unmatched potential as both a residence and a commercial space. Zoned for both uses, this home is perfect for an art studio, gallery, or creative business venture. The Casita is a great rental opportunity. The home has been thoughtfully updated with numerous upgrades, blending modern comforts with Madrid’s unique charm. A standout feature is the custom-built catio, new butcher block ,new counter tops and cabinets, upgraded appliances. Home also has upgraded electrical, 220 Amp. Seller spent around 23,000 upgrading the home. The Home boast tons of storage space, the attic plus the outdoor shed. Whether you’re looking to live, work, or create in one of New Mexico’s most artistic communities, this property offers endless possibilities. Don’t miss this rare chance to own a piece of Madrid’s rich culture and history! ASSUMABLE VA LOAN AT 4.5%, SELLER IS ASKING FOR 23% DOWN. Take advantage of this rare opportunity to save on today's mortgage market!
Last Agent to Sell the Property
Keller Williams Realty License #54089 Listed on: 11/13/2024
$440,000
Charming Madrid Gem with Modern Upgrades & Historic CharacterWelcome to this beautifully upgraded 2-bedroom 2 bath home nestled in the heart of the storied mining town of Madrid, NM, where rustic charm meets modern comfort. Located right off scenic Highway 14, this inviting property offers a unique blend of character, convenience, and lifestyle.Inside, you’ll find an upgraded
Nicholas Pena Keller Williams Realty
$475,000
Nestled in the heart of historic Madrid village and close to the County greenbelt, this unique .64-acre property offers a blend of charm and functionality. It features a 972-square-foot artistic main home, a 443-square-foot studio complete bath with shower and sink, and a bright, spacious 750-square-foot workshop. The workshop is equipped with a wood stove for heating and a mini-split system that
Cindy Sheff Sotheby's Int. RE/Grant
$379,000
On a hillside within a few minutes walk of the entertainment and dining in Madrid, this well maintained two-story home is sure to charm. Outside, the terraced lot leads up to a separate studio space with loft. The white exterior and pitched metal roof add desert style, and a back patio provides space for outdoor relaxation. Inside, the home opens into a spacious living room with wood heat,
Michael Sanford Barker Realty, LLC
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | -- | -- | -- |
| 03/29/2025 03/29/25 | Pending | -- | -- | -- |
| 02/18/2025 02/18/25 | Price Changed | $399,000 | -0.3% | $307 / Sq Ft |
| 02/05/2025 02/05/25 | For Sale | $400,000 | 0.0% | $308 / Sq Ft |
| 01/31/2025 01/31/25 | Off Market | -- | -- | -- |
| 01/28/2025 01/28/25 | Price Changed | $400,000 | -1.2% | $308 / Sq Ft |
| 12/11/2024 12/11/24 | Price Changed | $405,000 | -1.9% | $312 / Sq Ft |
| 12/02/2024 12/02/24 | Price Changed | $413,000 | -2.8% | $318 / Sq Ft |
| 11/29/2024 11/29/24 | Price Changed | $425,000 | -2.7% | $327 / Sq Ft |
| 11/13/2024 11/13/24 | For Sale | $437,000 | -- | $336 / Sq Ft |
Seller's Agent in 2025
Carlos Gutierrez-Pacheco
Keller Williams Realty
(505) 920-1400
2 in this area
44 Total Sales
Buyer's Agent in 2025
Samantha Scarborough
Keller Williams Realty
(505) 231-2475
1 in this area
72 Total Sales
Source: Santa Fe Association of REALTORS®
MLS Number: 202404745
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