2884 NM 14
- Price: $413,000
- Price: $405,000
- Bedrooms: 3
- Baths: 1
- MLS: 202404745
- Status: Active
- Type: Single Family Residence
- Acres: 0.16
- Area: 12-Madrid/Cerrillos
- Garage: 1
- Total Sqft: 1,476
Property Tools
Presenting Broker
Property Description
Prime Property on Madrid's Main Strip !!Discover an exceptional opportunity in the heart of Madrid, NM! This 3-bedroom, 1-bathroom property is ideally located on the vibrant main strip, offering unmatched potential as both a residence and a commercial space. Zoned for both uses, this home is perfect for an art studio, gallery, or creative business venture. The Casita is a great rental opportunity. The home has been thoughtfully updated with numerous upgrades, blending modern comforts with Madrid's unique charm. A standout feature is the custom-built catio, new butcher block ,new counter tops and cabinets, upgraded appliances. Home also has upgraded electrical, 220 Amp. Seller spent around 23,000 upgrading the home. The Home boast tons of storage space, the attic plus the outdoor shed. Whether you're looking to live, work, or create in one of New Mexico's most artistic communities, this property offers endless possibilities. Don't miss this rare chance to own a piece of Madrid's rich culture and history! ASSUMABLE VA LOAN AT 4.5%, SELLER IS ASKING FOR 23% DOWN. Take advantage of this rare opportunity to save on today's mortgage market!
Neighborhood Info
Cerrillos & Madrid
Once home to the large mining community, Madrid is now a sleepy little town of artists. With an ice cream parlour and old fashioned businesses, Madrid feels other-worldly to visitors. Homes here are early 20th century wooden structures painted a variety of colors. Just north of Madrid is Cerrillos, a traditional New Mexico village of older adobes and quaint shops.
Turquoise Trail | HWY 14
Explore and then live on the Turquoise Trail, aka South Highway 14. This is the “back way” from Santa Fe to Albuquerque, and is a beautiful way to travel the less beaten path. Most lots come with acreage of at least an acre, and many with more. The wide open spaces have less building restrictions than you’ll find in the City of Santa Fe, and horses are generally welcome.
Santa Fe County Southwest
This rapidly growing area with plans for expansion extending into the 2050’s is largely made up of rolling hills dotted with pinon and juniper. Most of the communities located here have extraordinary views of the Jemez, the Sangres and the Sandias.
Additional Information
- Type Single Family Residence
- Stories One story
- Style One Story
- Days On Market 39
- Garage Spaces1
- Parking FeaturesDetached, Garage
- Parking Spaces3
- AppliancesDryer, Oven, Range, Refrigerator, Washer
- Interior FeaturesInterior Steps
- HeatingForced Air, Fireplace(s), Natural Gas
- RoofFlat
- Other StructuresGuest House Detached
- Pool FeaturesNone
- Association Fee CoversOther, See Remarks
- SewageSeptic Tank
Schools
- Elementary School: Amy Biehl Community
- Junior High School: Milagro
- High School: Santa Fe
Listing Brokerage
Keller Williams Realty
Carlos Gutierrez-Pacheco
Bunny Terry 505.504.1101
20 Vereda Serena Santa Fe, NM 87508
Copyright© 2024 Bunny Terry, Real Broker
Licensed in New Mexico.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental.
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