2859 NM 14 Cerrillos, NM $ 949,000
2859 NM 14
$ 949,000
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2859 NM 14

Cerrillos, NM, 87010
$ 949,000
Bedrooms4 Baths2.1 Sq 2,978

Monthly Estimate*

$ 5,921

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Single Family Home for sale in Cerrillos, NM

for $949,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,978 square foot home was built in 1990 on a lot size of 0.12.

Multi-faceted commercial-residential property, turnkey and ready to go with rental income. Currently operating as a contemporary art gallery, an artist studio, an Airbnb, and a long-term home rental, this property is a gem in the artist community of Madrid. Located right in the heart of town, but with private courtyard areas, this unique plot offers beauty and reprieve while not sacrificing prime location. Property features: Main gallery/commercial floor with adjoining artist studio, kitchen, and bath, second level, private-entry loft apartment currently operating as a licensed Airbnb, and a private, free-standing 3bd/1ba home. Parking for 3 cars. All spaces recently renovated, with excellent natural lighting, this property shines as a bright and fresh investment, business opportunity, residential home, or all of the above. Ideal for an artist or entrepreneur. Option to purchase the existing business, and to keep the long-term rental tenant. Additional option to purchase all furniture/items in Airbnb to enable continuous business operation upon sale. Details to be discussed with the current owner and business operator. Recent improvements include new septic, new electrical panel, mini-split AC/heat units, exterior and interior paint job, lighting upgrades, exterior power-washing, gutter cleaning, professional window cleaning, and landscape upgrades. The property features two large water tanks, one for rainwater catchment, and other for freshwater delivery. Membership to Madrid Community Water will also transfer with the sale.

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Single Family Active

Price

$ 949,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 3,951

Style

Lot Size

0.12

Year Built

1990

Town/City

Cerrillos

County/Region

Santa Fe

MLS | Web ID

202502250

Features
General
Sewer Septic Tank
Heating Heat Pump Propane
Cooling Ductless Heat Pump Refrigerated
Utilities Electricity Available
Possession Closing & Funding
Roof Pitched
Garage Spaces 0
Architectural Style Northern New Mexico
Security Features Surveillance System
Year Built 1990
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Not ADA Compliant
County Santa Fe
Property Type Residential
HOA false
Garage Y/N false
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions In Madrid on the west side of Highway 14 at the corner of Bridge Road.
High School Santa Fe
City Cerrillos
Disclosures Lead Based Paint Disclosure
Lot Size Units Acres
Lot Size Square Feet 5118
Listing Terms Cash Conventional
Elementary School Amy Biehl Community
Property Attached Y/N false
Year Built Details Year built for all structures is unknown. LBP disclosure is in attached docs.
Land Lease Y/N false
Tax Annual Amount 3951.2
Middle/Junior High School Milagro
MLS Area Minor 12-Madrid/Cerrillos
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Property Sub Type Additional Detached Single Family Residence
Taxes 6917.73
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Interior
Interior Amenities Interior Steps
Flooring Laminate Tile Wood
Total Fireplaces 0
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
3/4 Baths 0
Total Bedrooms 4
Total Baths 3
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Exterior
Water Source Community/Coop Holding Tank
Total Parking 3
Lot Size Area 0.12
Building Area Total 2978
Lot Size Acres 0.12
Lot Size Source Public Records
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* Excluded Features
List By
Stephen J. Hardy

Listing Agent

Hardy & Company

Broker

shardy@hardy-co.com

Email

Affordability Calculator

$6,250
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,921
Monthly Property Taxes
$329
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1015826 Elementary School
2168301 Middle School
Santa Fe High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$949,000 Listed Price

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2859 NM 14, Cerrillos, NM, 87010 is a Single Family Home for sale at $949,000 with 2,978 sqft and a lot size of 0.12. 2859 NM 14 has 4 bedrooms, 2.1 baths, and was built in 1990. The property's zip code is 87010 which is in Cerrillos, NM