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$500,000

Est. payment - /mo

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3 Beds

2 Baths

1,100 SqFt

Active

1 Opera House RD Madrid, NM 87010

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Jeff Rose

jeff@jeffroseandassociates.com +1(505) 205-4175

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $454

Subdivision Madrid Townsite

MLS Listing ID 202600581

Style Other,See Remarks

Bedrooms 3

Full Baths 2

HOA Fees $20/ann

HOA Y/N Yes

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Property Description

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. 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

Location

State NM

County Santa Fe

Interior

Interior Features Interior Steps

Heating Propane, Passive Solar, Wood Stove, Wall Furnace

Cooling None

Flooring Flagstone, Tile, Wood

Fireplaces Number 2

Fireplaces Type Wood Burning, Wood BurningStove

Fireplace Yes

Appliance Dryer, Oven, Range, Refrigerator, Water Heater, Washer

Exterior

Pool None

Utilities Available High Speed Internet Available, Electricity Available

Amenities Available Other, See Remarks

Water Access Desc Community/Coop

Roof Type Metal,Pitched

Total Parking Spaces 3

Private Pool No

Building

Entry Level Two

Sewer Septic Tank

Water Community/Coop

Architectural Style Other, See Remarks

Level or Stories Two

Additional Building Guest House Detached

Schools

Elementary Schools Amy Biehl Community

Middle Schools Capshaw

High Schools Capital

Others

HOA Fee Include Common Areas,Road Maintenance

Tax ID 076004074

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

Special Listing Condition Standard

Listed by Cynthia C. Sheff • Sotheby's Int. RE/Grant

Nearby Locations

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Jeff Rose

License ID: 17279

+1(505) 205-4175

1 Opera House RD Madrid, NM 87010

Jeff Rose

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1 Opera House RD