The median home value in Madrid, NM is $511,000.
This is
higher than
the county median home value of $490,000.
The national median home value is $338,100.
The average price of homes sold in Madrid, NM is $511,000.
Approximately 24.81% of Madrid homes are owned,
compared to 53.38% rented, while
21.81% are vacant.
Madrid real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Madrid real estate agent to arrange a tour today!
Indulge in a lifestyle where every sunset is a celebration. This real estate gem provides comfortable and luxurious eco off-grid living on 30 acres. The main house with its vaulted ceiling and exposed wood beams in the living/dining area is both light-filled and airy; the large view-filled windows overlooking the fenced courtyard garden also affording passive solar heating. Within this split level house, the gourmet kitchen features a commercial Wolf stove, double ovens, and griddle, granite countertops and hickory cabinets. Situated on the property is a charming fully appointed casita, providing a private retreat for guests. For those with a passion for recreational vehicles, this property goes above and beyond with its dedicated RV garage, and your very own service pit. The RV garage also includes a spacious studio, offering a multifunctional space that can be customized to suit your craft. Whether you envision it as an art studio, or a personal gym, the possibilities are endless. Other features include a fenced organic garden with raised beds, private well, new solar system, and heavy duty generator- making off-grid living easy. Horses are allowed and a fenced corral and water are in place. Situated half-way between Santa Fe and Albuquerque, don’t miss the chance to make this picturesque haven your new home!
3/4's of an acre with water and power at the edge of Madrid. Within walking distance to all the vibrant art community has to offer, and with easy access to Highway 14. Lot has been leveled in places, allowing for ease of building. Within the Madrid Traditional Community Zoning district, with a rural commercial overlay, this lot allows for both residential and some commercial development. Views across the canyon to Waldo Mesa and the Cerrillos Hills. Property is subject to covenants for the Madrid Landowners Association, $20/year membership, and future homes should reflect the historic styles of the community. Seventeen miles to Santa Fe. Owner may carry with 30% down.
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!
Courtesy: Keller Williams Realty
505-401-0721
Gorgeous and Updated commercial/Residential property located in the heart of Historic Madrid. Don't miss out on this charming spacious 2-bedroom 2 bath gem with many uses! 1244 sq ft, this home boasts many features including a newly installed (industrial sized) refrigerated air HVAC unit, newer windows installed in 2019, vaulted ceilings and hardwood flooring, and a bonus area attic that doubles as a sleeping loft. There is an updated 3/4 bathroom and updated kitchen with lots of counter space and plenty of cabinets! Enjoy the outside with an elegant 2-tier stone patio located in the backyard for the upcoming fall evening! A detached 336 sq ft garage and a 100 sq ft storage shed are perfect for added storage or it can be used as a workshop/studio.
Imagine owning a piece of history in the charming town of Madrid, New Mexico. This 1.468-acre commercial/residential lot offers a rare chance to create your own oasis amidst the town's rich mining heritage. Nestled at the top of the ridge, you'll find secluded and breathtaking views of the Ortiz Mountains. Enjoy historic Madrid while remaining conveniently close to local shops, galleries, and the town's bustling main drag
Two Tiny Homes on a full acre in the artistic town of Madrid. One is Tiny, the other Tinier…..Less is more! Plans for the main Tiny home were designed by popular and well known tiny home builder, Tumbleweed Tiny House Company. Historic stone dynamite storage shed adds to the charm of the property. Centrally located across the street from the community park and baseball field.
The sellers have completed a great deal of work on this nearly finished two level home! Work is being continued and this one of a kind property is ready for its new owners! The recent updates make this property move in ready and a must see! The owners have nearly completed a brand new kitchen featuring quartz countertops, new cabinets and Thor appliances. The large primary bath includes a stand alone tub, separate shower and new sink cabinet. The open concept living space takes in stunning views from every window and opens to a large wrap around deck perfect for entertaining and star watching! All construction has been fully permitted including new stucco, windows and pitched pro-panel roof. All electrical has been completed and inspected and tasteful lighting and finishes have been installed. Bring your horses! A large paddock and horse facility are already in place including hay storage. Enjoy worry free off grid living with reliable water delivery service, propane gas and a generous solar panel system, including 6 Lithium batteries with room to expand! Sited on 20 acres of scenic beauty simply move in and start living! This off grid home has a generous 1,100 gallon cistern providing ample water storage from a reliable local delivery service and currently supports a two person household, 2 horses, 6 dogs and Lucky the parrot. The lower level features another full kitchen, wood stove, one bedroom and one bath and an extra-large storage room! Live on one level and rent the other! The permitted addition of the entire second level has more than doubled the living space with a new pro-panel pitched roof, new stucco new windows a vaulted tongue and groove ceiling, laminate flooring and high end kitchen appliances.! No HOA! There is also a large fenced in yard for your pets and plenty of storage including a shipping container which will stay with the property! Motivated sellers!!Please schedule in ShowingTime or call listing brokers directly.
Introducing this extraordinary property on 20 acres that feature breathtaking views, nestled in the serene landscapes of Cerrillos, New Mexico. Only 45 minutes to Santa Fe, this charming earthen home allows you to experience year-round comfort as the home remains warm in the winters and cool in the summers. Meticulously crafted by visionary architect Michael Reynolds, this home features a 9000 gallon cistern water system and solar powered energy, ensuring self-sufficiency and eco-friendly living… and no utilities to pay for! Two kitchens, two bedrooms and a two bathrooms with equal living spaces, this property invites you to embrace a harmonious blend of modern comfort and natural beauty, making it an ideal forever home. Come see the view from your front door.
Building lot in Madrid, almost immediately off the pavement of Highway 14, in the heart of town. Easy-to-access rectangular lot with gentle slope, with mountain/townsite views from the top of the lot. Excellent home business location/residential use. Nice place to live or live/work in this thriving, historic old mining village, now replete with galleries, restaurants, shops, its own radio station, the landmark Mineshaft Tavern, music events, ballpark, hiking trails, and more, all in walking distance. It's situated just outside the Madrid Historical Overlay which gives more leeway in building styles. Not far (30 minutes) to Southside of Santa Fe, under an hour to Albuquerque/airport. Electric in road.
