2863 NM 14 Highway, Madrid, NM 87010
- 1 bed |
- 2 baths |
- 1,362 sqft
Single-Family Home 
Built in 1931 
6,970sqft lot
—— car garage 
$642/sqft 
Listed 10 days ago
Property Description
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 spacious, has black slate kitchen floors and countertops, new lighting, windows and original hardwood floors. The apartment has a walk out deck with a roof for shaded outdoor living and especially to enjoy the spectacular New Mexico starry night skies. The deck overlooks a very ample fenced gravel backyard with steel garden beds. There are also two shaded side yards to enjoy. The studio is set up for making art and has wonderful light. Each space has a mini-split heat/Ac system. There is a private paved driveway that parks three cars and two additional parking spots on the roadway. There is a full basement for storage. Madrid is a popular destination for locals an tourists. On the scenic Turquoise Trail it has restaurants, galleries, shops, studios and hiking trails. This turnkey property with proven income generation is an opportunity to realize your commercial visions whether it's a home, gallery, studio, cafe, Airbnb or whatever you dream up!
- Listing Status:
- Active
- Date Added:
- June 26, 2026
- Data Last Updated:
- July 7, 2026 at 2:17AM
- Listing Office:
- Keller Williams Realty : (505) 983-5151
- Listing Agent:
- Rachel Heath : (505) 660-2253
- MLS ID:
- 202602542
- General: Studio Detached
- Style: Bungalow
- Other Structures: Studio Detached
- Parking: Parking spaces: 3
- Roofing: Metal
- General: BlockConcreteOneBasement
- HOA Amenities: OtherPlaygroundSee Remarks
- Originating MLS: SFAOR_SFAOR
- County: Santa Fe
- Zoning: HistoricT14N R 7E S25 IMPROVEMENT 17076003984
- Utilities: High Speed Internet AvailableElectricity Available
- Water: Community/Coop
- Sewer: Septic Tank
- Source: SFAOR_SFAOR
This listing courtesy of Rachel Heath , Keller Williams Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
