2864 NM 14 Cerrillos, NM $ 540,000
2864 NM 14
$ 540,000
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2864 NM 14

Cerrillos, NM, 87010
$ 540,000
Bedrooms3 Baths3.0 Sq 1,382

Monthly Estimate*

$ 3,410

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Single Family Home for sale in Cerrillos, NM

for $540,000 with 3 bedrooms and 3 full baths. This 1,382 square foot home was built in 1920 on a lot size of 0.18.

Unique residential, live-work or investment opportunity in downtown Madrid. Versatile mixed-use property with storefront and multiple residential units. Discover endless possibilities with this mixed-use property, ideally located in the heart of downtown Madrid. Anchored by an approximately 1,400-square-foot storefront, the space is ideal for retail and enjoys a high foot traffic area. Recent improvements include a brand new roof and updates to the electrical and plumbing systems, providing peace of mind for the next owner. Beyond the storefront, the property features three distinct residential spaces: a 320-square-foot upstairs studio apartment, a 612-square-foot downstairs one-bedroom apartment, and a 477-square-foot one-bedroom casita at the rear. Courtyards separate the casita from the main building, offering functional outdoor space. Whether you are looking for a live-work arrangement, seeking rental income, or considering a unique investment, this property is ready for its next chapter. Come see today and explore the opportunity in vibrant downtown Madrid!

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Single Family Active

Price

$ 540,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1920

Town/City

Cerrillos

County/Region

Santa Fe

MLS | Web ID

202603380

Features
General
Sewer Septic Tank
Heating Propane
Cooling None Refrigerated Window Unit(s)
Utilities Electricity Available
Possession Close Of Escrow Negotiable
Roof Metal Shingle
Appliances Oven Range Refrigerator Water Heater
Zoning Other
HOA Fee 20
Garage Spaces 0
Association Fee Includes Other See Remarks
Architectural Style Northern New Mexico Other See Remarks
Construction Materials Frame
Year Built 1920
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Accessibility Not ADA Compliant
Assoc Fee Paid Per Annually
County Santa Fe
Property Type Residential
HOA false
Garage Y/N false
Other Structures Guest House Detached Studio Attached
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions In downtown Madrid on east side of the road across the street from Wild Hogs.
High School Santa Fe
City Cerrillos
Zoning Description Traditional Community with/in the Madrid Commercial Overlay
Lot Size Units Acres
Lot Size Square Feet 7685
Listing Terms Cash Conventional New Loan
Elementary School Amy Biehl Community
Property Attached Y/N false
Year Built Details Estimated by owner county records are wrong.
Land Lease Y/N false
Middle/Junior High School Milagro
Property Condition Unknown
MLS Area Minor 12-Madrid/Cerrillos
Lease Considered Y/N false
Virtual Tour https://www.zillow.com/view-imx/2dc50eac-a425-4f21-83e9-aec76b3f9ba8?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard https://www.zillow.com/view-imx/2dc50eac-a425-4f21-83e9-aec76b3f9ba8?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Living Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Property Sub Type Additional Detached Single Family Residence
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Interior
Interior Amenities Interior Steps
Flooring Flagstone Tile Wood
Total Fireplaces 0
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
3/4 Baths 1
Total Bedrooms 3
Total Baths 3
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Exterior
Total Parking 5
Lot Size Area 0.18
Building Area Total 2791
Lot Size Acres 0.18
Lot Size Source Public Records
Horse Y/N false
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* Excluded Features
List By
Michael S. Sanford

Listing Agent

Barker Realty, Llc

Broker

mikesanfordnm@gmail.com

Email

Affordability Calculator

$3,410
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,410
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.49% 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
8/1/2026$540,000 Listed Price

Map


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2864 NM 14, Cerrillos, NM, 87010 is a Single Family Home for sale at $540,000 with 1,382 sqft and a lot size of 0.18. 2864 NM 14 has 3 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 87010 which is in Cerrillos, NM