Address
1 Opera House Road, Madrid, NM
Price
$ 450,000
Property Attributes
- MLS#202600581
- TypeSingle Family
- Listing Status Active
- CountySanta Fe
- CityMadrid
- NeighborhoodMadrid Townsite
- Zip87010
- Style
- Price$ 450,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1100
- Lot Size0.16 Acres
Data Source:
Santa Fe AOR (SFAR)
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, currently serving as a rental. 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
| Elementary School | Middle School | High School |
|---|---|---|
| Amy Biehl Community Elementary School | Capshaw Middle School | Capital High School |
| Price History | |
|---|---|
| 2/27/2026 | Listed $500,000 |
| 6/12/2026 | 10$450,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Propane,Passive Solar,Wood Stove,Wall Furnace |
| Cooling | None |
| Utilities | High Speed Internet Available,Electricity Available |
| Possession | Closing & Funding |
| Roof | Metal,Pitched |
| Appliances | Dryer,Oven,Range,Refrigerator,Water Heater,Washer |
| HOA Fee | 20 |
| Association Fee Includes | Common Areas,Road Maintenance |
| Architectural Style | Other,See Remarks |
| Pool Features | None |
| Construction Materials | Frame,Other,Wood Siding |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Assoc Fee Paid Per | Annually |
| County | Santa Fe |
| Property Type | Residential |
| Association Amenities | Other,See Remarks |
| HOA | true |
| Subdivision Name | Madrid Townsite |
| Garage Y/N | false |
| Other Structures | Guest House Detached |
| Full Baths | 2 |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | Hwy 14 to Madrid Townsite. Right on Opera House Road |
| High School | Capital |
| City | Madrid |
| Disclosures | Lead Based Paint Disclosure |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6969.6 |
| Listing Terms | Cash,Conventional,New Loan |
| Elementary School | Amy Biehl Community |
| Property Attached Y/N | false |
| Year Built Details | Unknown |
| Land Lease Y/N | false |
| Middle/Junior High School | Capshaw |
| MLS Area Minor | 12-Madrid/Cerrillos |
| Lease Considered Y/N | false |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Owner |
| Property Sub Type Additional | Detached,Single Family Residence |
Interior Features
| Interior Amenities | Interior Steps |
|---|---|
| Flooring | Flagstone,Tile,Wood |
| Total Fireplaces | 2 |
| Fireplace Features | Wood Burning,Wood BurningStove |
| Basement (Y/N) | false |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Window Features | Insulated Windows |
| Fireplace Y/N | true |
| Total Bedrooms | 3 |
| LivingAreaSource | Owner |
| Total Baths | 2 |
Exterior Features
| Water Source | Community/Coop |
|---|---|
| Total Parking | 3 |
| Lot Size Area | 0.16 |
| Building Area Total | 1750 |
| Lot Size Acres | 0.16 |
| Lot Size Source | Assessor |
| Waterfront Y/N | false |
| Horse Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 87010
Price
IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or REMAX EQUiPT. Data last updated: September 21, 2026 9:50 AM UTC
Santa Fe Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
