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.
On a hillside within a few minutes' walk of the entertainment and dining in Madrid, this well maintained two-story home is sure to charm. Outside, the terraced lot leads up to a separate studio space with a loft. The white exterior and pitched metal roof add desert style, and a back patio provides space for outdoor relaxation. Inside, the home opens into a spacious living room with wood heat, wood flooring, and a viga ceiling. The kitchen has brick flooring, large windows and a glass door to the patio. A large, open bedroom is situated on the second floor above the kitchen with ample light and the lot's elevation allows for views over the town.
This inviting Madrid townsite property blends historic character with modern updates, featuring an upgraded kitchen and a detached guest house complete with a full bath and kitchenette, currently serving as a rental. It’s an ideal fit for a homeowner seeking rental income, a private studio, or a strong investment opportunity. Originally one of Madrid’s miner cabins, the main home has been lovingly restored and thoughtfully expanded to include two upstairs bedrooms. The living room and kitchen retain their original hardwood floors, complemented by a wood stove, gas range, granite countertops, and a passive-solar dining area with Saltillo tile. Newer metal ProPanel roof. The detached casita—an original stone-and-stucco structure—sits well behind the main house with its own private access and parking off Backroad. It is currently rented and equipped with separate sub-meters and a second water co-op hookup, offering immediate income potential. The main house includes a well-planned laundry room with added storage, while the guest house features its own stackable washer/dryer. Additional storage is available in the outbuilding and walk-in crawl space. A fenced yard provides shade and a secure space for pets. From the classic front porch, enjoy views of the vibrant historic village and the scenic Turquoise Trail. The location offers easy walkability to restaurants, galleries, and the general store, with Cerrillos State Park nearby and convenient access to both Santa Fe and Albuquerque
Two hundred and thirty mountain top acres with a PVC dome featuring all modern conveniences near Madrid. On two lots with two wells, this private getaway awaits the adventurous soul who wants to get above it all while still being connected. With 360 degree views from the mountain top, and the dome sited on a slope with amazing views of the Sangre de Cristo's, buyers will find this to be an incomparable view property. This far out, the Milky Way will shine bright, and the wood fired hot tub is the perfect place to stargaze from after a day of exploring the mountain. The dome has a small kitchen, bathroom, loft storage area, mini-split for heating and cooling, a luxurious glamping hideout or a cozy full time home. The solar system is modern and robust, and sewage is handled by an innovative bio-gas system. Closer than it feels, the property is just a half mile from the pavement, but that half mile is a steep and rocky climb, and a 4x4 with some clearance is recommended.
Mesa-top views, space and privacy from this substantial off-grid home on 53 acres, two miles from Madrid and Highway 14. Primary residence is 4474 square feet all on one level, with generous, ample rooms, an open concept kitchen, a separate media nook, home office, and a light-filled living room. A kiva fireplace warms the dining area. Two large bedrooms and two bathrooms are in the main home. A separate upstairs apartment has its own kitchen and bath. The home features rammed earth construction with exterior walls two feet thick, and plaster interiors, radiant flooring, and solar power. The upstairs apartment, with its own entrance, is 1008 sq. ft. and offers guest, caretaker, or rental opportunities. 1132 sq. ft. of shop and garage space provides room for parking up to 5 cars. Acreage would be ideal has for gardening, horses, etc. Home has some deferred maintenance and needs finishing in places, and is priced accordingly, bring your vision and energy for an opportunity for considerable sweat equity.
Madrid is located in New Mexico. Madrid, New Mexico has a population of 276. Madrid is less family-centric than the surrounding county with 18.61% of the households containing married families with children. The county average for households married with children is 23.22%.
The median household income for the surrounding county is $64,423 compared to the national median of $69,021. The median age of people living in Madrid is 59.6 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 15 inches per year, with 31.1 inches of snow per year.
