Listing Provided Courtesy Of:
Cindy Sheff with Sotheby's Int. RE/Grant.
Address
2879 NM 14 Madrid, NM
Price
$ 399,000
Property Attributes
  • MLS#201903422
  • TypeSingle Family
  • CountySANTA FE
  • CityMadrid
  • AreaMadrid-Cerrillos
  • Zip87010
  • StyleCabin
  • Price$ 399,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size0.38 Acres
Listing Provided Courtesy Of:
Cindy Sheff with Sotheby's Int. RE/Grant.
Property Description

Set on the scenic Turquoise Trail in the heart of the historic Madrid Main Street business district, this versatile property with both commercial and residential zoning offers a wonderful opportunity for live/work, retail or a comfortable residential setting. The offering includes two lots of record, one with a home along with the adjoining vacant lot, both with community water. Located in a highly-visible location and the site for over 20 years of the successful fine textile retail gallery Seppanan and Daughters, the home has stunning wood floors, vaulted tongue-in-groove ceilings, and wrap around porch. The natural light, including multiple skylights, provides the perfect showroom setting. With full bath, kitchen and laundry area, the property could be used as Live/Work and a business or residence could be added on the vacant lot. Totaling about .38 acres for the two legal lots of record, there is ample room for outdoor living, expansion, and/or an additional structure. The lot has mature shade trees and is deep enough to create a private and shaded area away from the main road. Madrid Main Street is the most popular visitor stop along the Scenic Turquoise Trail, a national scenic byway that runs from Albuquerque to Santa Fe, and home to over 40 businesses, galleries and restaurants. There is an active merchant association to support this creative community. High-speed internet is available through CenturyLink.

Elementary School Middle School High School
Amy Biehl Community Elementary School Capshaw Middle School Capital High School
Price History
9/22/2020 Listed $399,000

General Features

Ada Compliant No
Appliances Dryer, Range/Oven, Refrigerator, Washer
Bank Owned No
Bathrooms 1
Beds 1
Class RESIDENTIAL
Construction Frame, Siding - Wood
Cooling Evaporative - Central
Electric Public
Elementary School Amy Biehl Community
Extras Cooking - Gas, Hot Tub/Spa, Security System
Fireplaces No
Full Baths 1
HOA Fee $20 a year to MLA
Heating Panel, Propane, Baseboard(Electric)
High School Capital
Legal Description T14N R 7E S25 37 together with T14N R 73 S25 Improvement 35 vacant lot
Levels Single
Listing Area 12-Madrid/Cerrillos
Middle School Capshaw
Possession Upon Funding
Property Description Set on the scenic Turquoise Trail in the heart of the historic Madrid Main Street business district
Roof Metal - Propanel, Pitched
Short Sale No
Showing Instructions 24 Hour Notice, Agent Present
Status Active
Status Active
Style Cabin, Other - See Remarks
Terms Cash, New Loan
Type Single Family
Water Community

Interior Features

Flooring Carpet, Tile, Wood
Gas Propane
Interior Steps No

Exterior Features

Garage Type None
Guest House No
Lot Sq Ft 16553
Riverfront No
Sewage Septic
Water Rights No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 87010

Price
AVG $440K
$400K
Visits
AVG 48
100
Walkscore
AVG 20
33
Data Provided by Walkscore ® not using MLS data

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