$595,000
$68K PRICE DROP

35 Grateful Way Los Cerrillos, NM 87010

Estimated payment $3,286/month

Total Views 3,472
1 Bed
1 Bath
1,456 Sq Ft
$409 Price per Sq Ft

Highlights

  • Horse Facilities
  • Stables
  • Wood Flooring
  • Barn
  • Wood Burning Stove
  • Pueblo Architecture

About This Home

Experience sustainable Off-Grid living in a truly unique and artistically designed home. A One bedroom, one full bath Artist retreat in Madrid, New Mexico with solidly built craftsmanship. Every detail speaks to inspiration and integrity—from the hand-poured, etched entry threshold, the turquoise inlay to the artisan stone walls, hand-hewn vigas, and thick reclaimed timber beam window ledges. A mosaic tile inlay graces the foot of the richly grained hardwood staircase, and a striking stone-clad fireplace anchors the living space with warmth and enduring character. Designed for comfort and sustainability, this home offers a holistic lifestyle in a truly inspiring setting. The spacious bedroom opens to sweeping, unobstructed views set at the base of Cerro Chato and facing the majestic Ortiz Mountains. This solar-powered sanctuary offers privacy and breathtaking mountain vistas on over 10 rolling acres—just 3 minutes from the historic Turquoise Trail, under two miles from the Cultural Hub and Historic mining village of Madrid, and a short drive to Santa Fe. Live off-grid with confidence thanks to an upgraded solar system, backup generator, owned propane tank, private well 85-95 feet deep with 10-12 gallons per minute, new Norwesco 350 gallon well holding tank for the well water that fills in 40 minutes, new septic system and new leach field 2025 (infiltrator model wm-11-03-100, a newly built portal -2025, and 2021 roof. A bright, versatile outbuilding houses the solar batteries and offers additional space for storage, an office, or a creative studio. Bring your chickens, mini goats or a burro; the property includes a single stall, feed shed, and ample room for expansion. Whether you’re hiking, stargazing, or simply soaking in the beauty of the high desert, this land invites deep connection with nature. For anyone dreaming of an Off-grid lifestyle- whether you're a homesteader, hobby farmer, or simply seeking peace and regeneration. Experience a rare blend of tranquility, creativity, and connection to the land—just moments from the vibrant arts, culture, and dining of Madrid and Santa Fe.

Listing Agent

Tamara Acker

Barker Realty, LLC License #16300 Listed on: 06/07/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 2000

Parking

  • 5 Parking Spaces

Home Design

  • Pueblo Architecture
  • Northern New Mexico Architecture
  • Split Level Home
  • Slab Foundation
  • Rock and Frame
  • Frame Construction
  • Bitumen Roof
  • Metal Roof
  • Stucco
  • Adobe

Interior Spaces

  • 1,456 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Wood Burning Stove
  • Circular Fireplace
  • Wood Burning Fireplace
  • Insulated Windows
  • Washer

Kitchen

  • Oven
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Eco-Friendly Details

  • Heating system powered by passive solar
  • Water-Smart Landscaping

Schools

  • Amy Biehl Community Elementary School
  • Milagro Middle School
  • Santa Fe High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • No Cooling
  • Propane Stove
  • Space Heater
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Outdoor Storage
  • 10 Acre Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 078207839

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,387

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Prop. Type: Residential
  • Horses: Yes
  • Directions: From Santa Fe, take Hwy 14 through the town of Madrid continue less than 2 miles to Camino Cerro Chato Road. Turn Right on Camino Cerro Chato. Turn right on Grateful Way
  • Architectural Style: Multi-Level, Northern New Mexico, Pueblo
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Power Production Type: Photovoltaics
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Cooktop, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Levels: Two, Multi/Split
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Kiva, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Beamed Ceilings, Interior Steps
  • Living Area: 1456.0
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Bitumen, Metal
  • Construction Type: Adobe, Frame, Rock, Stucco
  • Exterior Features: Horse Facilities
  • Foundation Details: Slab
  • Other Structures: Barn(s), Stable(s), Storage

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Utilities: High Speed Internet Available
  • Heating: Fireplace(s), Propane, Passive Solar, Propane Stove, Space Heater, Wood Stove
  • Security: Dead Bolt(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Amy Biehl Community
  • High School: Santa Fe
  • Middle Or Junior School: Milagro

Lot Info

  • Lot Size Acres: 10.0
  • Land Lease: No
  • Lot Size Sq Ft: 435600.0
  • Parcel #: 078207839

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Map

Range of Values:

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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
2024 $1,387 $198,230 $48,079 $150,151
2023 $1,345 $192,457 $46,679 $145,778
2022 $1,309 $186,853 $45,320 $141,533
2021 $1,283 $60,470 $14,666 $45,804
2020 $1,253 $58,709 $15,006 $43,703
2019 $1,227 $57,000 $14,569 $42,431
2018 $1,194 $55,340 $14,145 $41,195
2017 $1,152 $53,728 $13,733 $39,995
2016 $1,080 $52,163 $13,333 $38,830
2015 $1,091 $52,163 $13,333 $38,830
2014 $1,113 $54,416 $13,320 $41,096
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $595,000 -8.5% $409 / Sq Ft
07/22/2025 07/22/25 Price Changed $650,000 -2.0% $446 / Sq Ft
06/07/2025 06/07/25 For Sale $663,000 +6.1% $455 / Sq Ft
07/01/2024 07/01/24 Sold -- -- --
05/17/2024 05/17/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $625,000 -- $429 / Sq Ft
Source: Santa Fe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,000 New Conventional
Closed $128,900 New Conventional
Closed $140,000 Fannie Mae Freddie Mac
Closed $133,700 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Santa Fe Association of REALTORS®

MLS Number: 202502239

Santa Fe Association of REALTORS®

APN: 078207839