2872 Nm 14
Madrid, NM 87010

  • 2 beds
  • 1 bath
  • 1,400 sqft
  • 7,488 sqft lot
  • $303 per sqft
  • 1930 build
  • on site

Rare find commercial/residential property in heart of the popular artist and entertainment tourist destination, Madrid New Mexico, right on the Turquoise Trail National Scenic Byway, Hwy 14. It has an Owner Occupancy Business License and is perfectly situated for a vacation rental, retail/gallery, or live/workspace. Covered front porch entrance into a spacious and sunlit front room-gallery, kitchen, bathroom, bedroom, and a newly remodeled back room adds a living room, office or additional sleeping area. 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.

Santa Fe MLS logo Listing courtesy of SFARMLS / Terrance Polly / Cholla Properties

Last checked: Checking… • Last updated Apr 13, 2024 •

MLS# 202338309 —

Monthly cost estimate

2872 Nm 14

Asking price

$425,000

Expense Monthly cost
Mortgage

$2,275

Taxes N/A
Insurance $116
HOA fees $2
Utilities $161 See report
Total $2,554/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
9/7/23
Price Changed SFARMLS $425,000 -2.3%
7/10/23
Price Changed SFARMLS $435,000 -3.3%
5/31/23
Listed / Active SFARMLS $450,000

Finding records…

No additional history available

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House For Sale

$425,000

HOA
$2/mo.

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This house located in Madrid, NM 87010 is currently for sale for $425,000. 2872 Nm 14 is a 1,400 square foot house with 2 beds and 1 bath that has been on Estately for 323 days. This house is in the attendance area of Amy Biehl Community School At Rancho Viejo, Capital High School, and Capshaw Middle School.

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