2863 Nm 14 Highway
Madrid, NM 87010
1
Bed
2
Bath
1,362Sqft
0.16Acre(Lot)
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
Property Details
Open House
- 07/25 2 PM-6 PM
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Has Basement: Yes -
Flooring Information
Stone, Wood -
Roofing Information
Metal -
Interior Features
Roof: Metal Appliances: Dryer, Gas Cooktop, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump, Propane Has Cooling: Yes Cooling: Heat Pump Water front: 1
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Building Information
Year Built: 1931 Building Area Total: 1581 Construction Materials: Cement Siding, Block, Concrete Private Pool: No
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Lot Information
Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Source: Public Records Lot Size Square Feet: 6969.6 Lot Description: WaterfrontProperty Information
Subdivision: Madrid Townsite Source Property Type: Residential MLS Area Minor: 12-Madrid/Cerrillos Zoning Description: TC- Traditional Community Property SubType: Single Family Residence Levels: One Property Age: 95
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Listing Price Information
Listing Price: $875000 Cash, Conventional, 1031 Exchange
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Tax Information
Parcel Number: 076003984 Tax Legal Desc: T14N R 7E S25 IMPROVEMENT 17
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Parking Information
Parking Total: 3 NoneHomeowners Association InformationAssociation Amenities: Other, Playground
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School Information
Elementary School: Amy Biehl CommunityJunior High School: MilagroSenior High School: Santa Fe -
Utility Information
Electricity Available -
Location Information
Direction: From Santa Fe take NM 14/ Turquoise Trail 28 miles south to Madrid. 2863 NM 14 is on the right hand side Range West Gallery.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2872 Nm 14, Madrid, NM, 87010 | $410,000 | 2 | 1 | 1,400 | 1,400 SqFt |
| 2863 Nm 14 Highway, Madrid, NM, 87010 | $875,000 | -- | -- | 1,362 | 1,362 SqFt |
| 1 Opera House Road, Madrid, NM, 87010 | $450,000 | 3 | 2 | 1,100 | 1,100 SqFt |
| 6 Harvey Rd, Madrid, NM, 87010 | $350,000 | 1 | 1 | 1,136 | 1,136 SqFt |
| Grateful, Madrid, NM, 87010 | $650,000 | -- | 1 | 314 | 314 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/23/2026 @ 00:51
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