2863 Nm 14 Highway, Madrid, NM 87010

Madrid
Local realty services provided by:ERA Summit
2863 Nm 14 Highway,Madrid, NM 87010
$875,000
  • - Beds
  • 2 Baths
  • 1,800 sq. ft.
  • Single family
  • Active
Listed by: rachel heath
Office: keller williams realty
MLS#:202602544
Source:NM_SFAR

Price summary

  • Price:$875,000
  • Price per sq. ft.:$486.11

About this home

Charming Bungalow in the heart of the commercial district in Madrid! Incredible opportunity to live/work, enjoy separate studio space, live behind or rent out the apartment on Airbnb. Mixed use zoning allows residential or commercial use. This 1931 architectural gem has been lovingly and thoughtfully remodeled. New windows, doors, tile, and plaster compliment the vaulted ceilings and hardwood floors. Mixing traditional and contemporary styles there are new lighting fixtures, black slate floors and old beams. The gallery space in the front has 14 foot ceilings and feels light, airy and welcoming. It has been a successful gallery for 25 years. The front yard has a mature garden and drip irrigation, new redwood/steel fencing and is set up for selling sculpture. The apartment behind feels spacious, has black slate kitchen floors and countertops, new lighting, windows and original hardwood floors. The apartment has a walk out deck with a roof for shaded outdoor living and especially...

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Home facts

  • Year built:1931
  • Subdivision & Development:Madrid Townsite
  • Listing ID #:202602544
  • Added:50 day(s) ago
  • Updated:August 16, 2026 at 03:05 PM

Rooms and interior

  • Total bathrooms:2
  • Flooring:Stone, Wood
  • Dining Description:Beamed Ceiling
  • Bathrooms Description:Beamed Ceilings
  • Bedroom Description:Beamed Ceilings
  • Basement:Yes
  • Living area:1,800 sq. ft.

Heating and cooling

  • Cooling:Heat Pump, Refrigerated
  • Heating:Heat Pump, Propane

Structure and exterior

  • Roof:Metal
  • Year built:1931
  • Building area:1,800 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Brick, Concrete
  • Foundation Description:Basement

Schools

  • High school:Santa Fe
  • Middle school:Milagro
  • Elementary school:Turquoise Trail

Utilities

  • Water:Community Coop, Water Available
  • Sewer:Septic Available, Septic Tank, Water Available

Finances and disclosures

  • Price:$875,000
  • Price per sq. ft.:$486.11

Features and amenities

  • Amenities:Beamed Ceilings, Insulated Windows

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