1 Opera House Road, Madrid, NM 87010
- $450,000
- 3
- BD
- 2
- BA
- 1,100
- SqFt
- List Price
- $450,000
- Status
- ACTIVE
- MLS#
- 202600581
- Price Change
- ▼ $50,000 1781306030
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,100
- Lot Size
- 6,969
- Area
- 12-Madrid/Cerrillos
- Subdivision
- Madrid Townsite
- Days On Market
- 151
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
Additional Information
- Style
- Other, See Remarks
- Acres
- 0.16
- Sewer
- Septic Tank
- Roof
- Metal, Pitched
- Fireplaces
- 2
- Levels
- Two
- Heating
- Propane, Passive Solar, Wood Stove, Wall Furnace
- Cooling
- None
- Appliances
- Dryer, Oven, Range, Refrigerator, Water Heater, Washer
- Elementary School
- Amy Biehl Community
- Middle School
- Capshaw
- High School
- Capital
Mortgage Calculator
Listing courtesy of Cynthia C. Sheff from Sotheby's Int. RE/Grant
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the SANTA FE ASSOCIATION OF REALTORS®.