2859 NM 14 new Save Request In-Person Tour Request Virtual Tour
Cerrillos,NM 87010
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,978 sqft
Price per Sqft $332
MLS Listing ID 202502250
Style Northern New Mexico
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1990
Annual Tax Amount $3,951
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Single Family Residence
Property Description
Multi-faceted commercial-residential property, turnkey and ready to go with rental income. Currently operating as a contemporary art gallery, an artist studio, an Airbnb, and a long-term home rental, this property is a gem in the artist community of Madrid. Located right in the heart of town, but with private courtyard areas, this unique plot offers beauty and reprieve while not sacrificing prime location. Property features: Main gallery/commercial floor with adjoining artist studio, kitchen, and bath, second level, private-entry loft apartment currently operating as a licensed Airbnb, and a private, free-standing 3bd/1ba home. Parking for 3 cars. All spaces recently renovated, with excellent natural lighting, this property shines as a bright and fresh investment, business opportunity, residential home, or all of the above. Ideal for an artist or entrepreneur. Option to purchase the existing business, and to keep the long-term rental tenant. Additional option to purchase all furniture/items in Airbnb to enable continuous business operation upon sale. Details to be discussed with the current owner and business operator. Recent improvements include new septic, new electrical panel, mini-split AC/heat units, exterior and interior paint job, lighting upgrades, exterior power-washing, gutter cleaning, professional window cleaning, and landscape upgrades. The property features two large water tanks, one for rainwater catchment, and other for freshwater delivery. Membership to Madrid Community Water will also transfer with the sale.
Location
State NM
County Santa Fe
Interior
Interior Features Interior Steps
Heating Heat Pump,Propane
Cooling Ductless,Heat Pump,Refrigerated
Flooring Laminate,Tile,Wood
Fireplace No
Exterior
Utilities Available Electricity Available
Water Access Desc Community/Coop,Holding Tank
Roof Type Pitched
Accessibility Not ADA Compliant
Total Parking Spaces 3
Private Pool No
Building
Entry Level Multi/Split
Sewer Septic Tank
Water Community/Coop,Holding Tank
Architectural Style Northern New Mexico
Level or Stories Multi/Split
Schools
Elementary Schools Amy Biehl Community
Middle Schools Milagro
High Schools Santa Fe
Others
Tax ID 076003982
Security Features Surveillance System
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional