Listed By:
Laurie Frantz with Real Broker LLC.
Address
5 S Arroyo, Cerrillos, NM
Price
$ 225,000
Property Attributes
  • MLS#202602440
  • TypeSingle Family
  • Listing Status Active
  • CountySanta Fe
  • CityCerrillos
  • Zip87010
  • Style
  • Year Built1967
  • Taxes$ 574
  • Price$ 225,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage779
  • Lot Size0.07 Acres
Data Source:
Santa Fe AOR (SFAR)
Property Description

Rare opportunity to own one of the miners' cottages in Madrid! This house has been lived and worked in by the owners for about 18 years. It is 1b1b with a spacious partial loft upstairs which could be a second bedroom or living/work area. Original frame structure and wood floors in part of the house retain the flavor of mining life. There is a wood deck off the kitchen, with a view of the mountains and old coal apparatus remains. New roof April 2026; 200 amp electric. Madrid is one of New Mexico's treasures, with its history of mining back to the mid-1800s. Madrid was created as a company coal town in 1892, and most of these old structures were brought in on rail cars. Madrid is a thriving community now with a rich history and a sense of fun and commerce. Artsy and quirky, it's known as a destination for filming. About 20 miles south of Santa Fe; 42 miles south to I-40.

Elementary School Middle School High School
Turquoise Trail Elementary School Edgewood Middle School Middle School Capital High School
Price History
6/4/2026 Listed $250,000
7/6/2026 10$225,000

General Features

Sewer Septic Tank
Heating Propane,Wall Furnace
Cooling None
Utilities Electricity Available
Possession Closing & Funding
Roof Metal,Pitched
Appliances Oven,Range,Refrigerator
Zoning R-1, 2, 3, 4, 5, 6
Architectural Style Other,See Remarks
Security Features Dead Bolt(s)
Construction Materials Frame
Year Built 1967
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Not ADA Compliant
County Santa Fe
Property Type Residential
HOA false
Garage Y/N false
Full Baths 1
Special Listing Conditions Standard
Status Active
Directions From the Mineshaft Tavern in the middle of Madrid, drive 0.3 miles south on NM 14 to South Arroyo Road. Drive about 300' on South Arroyo and park in the small dirt turnout behind the property.
High School Capital
City Cerrillos
Disclosures Lead Based Paint Disclosure
Lot Size Units Acres
Lot Size Square Feet 3223.44
Listing Terms Cash,New Loan
Elementary School Turquoise Trail
Property Attached Y/N false
Year Built Details Per Owners, probably built off-site and brought into town on a railroad car in the early 20th century.
Land Lease Y/N false
Tax Annual Amount 574
Middle/Junior High School Edgewood Middle School
MLS Area Minor 12-Madrid/Cerrillos
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Property Sub Type Additional Detached,Single Family Residence
Taxes 1733.67

Interior Features

Interior Amenities Interior Steps
Flooring Tile,Wood
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Total Bedrooms 1
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Parking Features None
Total Parking 3
Lot Size Area 0.07
Foundation Details Basement
Building Area Total 779
Lot Size Acres 0.07
Lot Size Source Public Records

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
AVG $630K
$230K
Taxes
AVG $3,016
$574
Year Built
AVG 1975
1967

Areas We Cover