2872 Nm 14, Madrid, NM 87010

Madrid
Local realty services provided by:ERA Summit
2872 Nm 14,Madrid, NM 87010
$410,000
  • 2 Beds
  • 1 Baths
  • 1,400 sq. ft.
  • Single family
  • Active
Listed by: terrance scott polly
Office: cholla properties
MLS#:202602489
Source:NM_SFAR

Price summary

  • Price:$410,000
  • Price per sq. ft.:$292.86
  • Monthly HOA dues:$1.67

About this home

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 of $143,500 at 7%.

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Home facts

  • Year built:1940
  • Listing ID #:202602489
  • Added:50 day(s) ago
  • Updated:August 03, 2026 at 03:22 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Wood
  • Basement:Yes
  • Living area:1,400 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling, Window Units
  • Heating:Propane

Structure and exterior

  • Roof:Metal
  • Year built:1940
  • Building area:1,400 sq. ft.
  • Lot area:0.17 Acres
  • Foundation Description:Basement
  • Levels:2 Story

Schools

  • High school:Capital
  • Middle school:Capshaw
  • Elementary school:Turquoise Trail

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$410,000
  • Price per sq. ft.:$292.86

Parking

  • Total parking spaces:1

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