2872 Nm 14 Madrid, NM $ 410,000
2872 Nm 14
$ 410,000
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2872 Nm 14

Madrid, NM, 87010
$ 410,000
Bedrooms2 Baths1.0 Sq 1,400

Monthly Estimate*

$ 2,524

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Single Family Home for sale in Madrid, NM

for $410,000 with 2 bedrooms and 1 full bath. This 1,400 square foot home was built in 1940 on a lot size of 0.17.

A potentially commercial/residential property in heart of the popular artist and entertainment tourist destination, Madrid New Mexico is right on the Turquoise Trail National Scenic Byway, Hwy 14. Property is perfectly situated for a vacation rental, retail/gallery or home. Covered front porch entrance into a spacious and sunlit front room-gallery, kitchen, bathroom, bedroom, and a back room that could be a second bed room or an office. Basement area, sun room and yard.. 23 miles from Santa Fe, Madrid attracts visitors from both Santa Fe and Albuquerque as well as National and International tourists and is famous for its many unique shops and galleries, Christmas light display, 4th of July and Christmas Parades, and Maggie's Diner biker photo op and Wild Hogs movie memorabilia. There are two restaurants within a ten minute walk, Owner may finance with acceptable down payment.

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Single Family Active

Price

$ 410,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1940

Town/City

Madrid

County/Region

Santa Fe

MLS | Web ID

202602489

Features
General
Sewer Septic Tank
Heating Propane
Cooling Evaporative Cooling Window Unit(s)
Utilities Electricity Available
Possession Closing & Funding Close Of Escrow
Roof Metal
HOA Fee 20
Garage Spaces 0
Association Fee Includes Common Areas
Architectural Style Northern New Mexico
Year Built 1940
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 true
Garage Y/N false
Full Baths 1
Special Listing Conditions Standard
Status Active
Directions In the heart of Madrid on Highway 14/
High School Capital
City Madrid
Disclosures Lead Based Paint Disclosure
Lot Size Units Acres
Lot Size Square Feet 7488
Listing Terms Cash Conventional New Loan Owner Will Carry
Elementary School Turquoise Trail
Property Attached Y/N false
Land Lease Y/N false
Middle/Junior High School Capshaw
MLS Area Minor 12-Madrid/Cerrillos
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Year Built Source Other
Ownership Type Fractional
Property Sub Type Additional Detached Single Family Residence Fractional
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Interior
Interior Amenities Interior Steps
Flooring Wood
Total Fireplaces 0
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
3/4 Baths 0
Total Bedrooms 2
Total Baths 1
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Exterior
Total Parking 1
Lot Size Area 0.17
Foundation Details Basement
Building Area Total 1400
Lot Size Acres 0.17
Lot Size Source Public Records
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* Excluded Features
List By
Terrance Scott Polly

Listing Agent

Cholla Properties

Broker

CHOLLA@CYBERMESA.COM

Email

Affordability Calculator

$2,524
Per Month
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Monthly Principal & Interest
$2,524
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Default based on a 30-year fixed rate of 6.25% 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
831087 Elementary School
831082 Middle School
Capital High School High School
Pricing History
DatePricePrice ChangeDescription
6/13/2026$410,000 Listed Price

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2872 Nm 14, Madrid, NM, 87010 is a Single Family Home for sale at $410,000 with 1,400 sqft and a lot size of 0.17. 2872 Nm 14 has 2 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 87010 which is in Madrid, NM