5 S Arroyo, Cerrillos, NM 87010
Santa Fe County
Key Facts
Description
Rare opportunity to own one of the miners' shacks 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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Other / SeeRemarks
Year Built
1967
Living Area
779 sq ft
Lot Size
0.07 acres
Parking Spaces
3
Zoning
R-1, 2, 3, 4, 5, 6
Days on Market
31
MLS® Listing#
202602440
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Construction
Roof
Utilities
Sewer
Schools
- Elementary:
- Turquoise Trail
- Middle:
- Edgewood Middle School
- High:
- Capital
Financial Details
HOA
None
Annual Taxes
$574
Tax year 2025
Parcel Number
076004058
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.
Affordability Calculator
$45,000
Estimated monthly payment
$1,198/mo
Principal $180,000 · Est. interest $251,116 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cerrillos, NM
- $700,000
- Median Listing Price
- 79
- Median Days on Market
- 1,476
- Median Sq Ft
- $379
- Median Price / Sq Ft
- 12
- Active Listings
- This home’s price is 68% below the area median.
- Its price per sq ft is 24% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cerrillos, NM.
Location
Points of Interest in Cerrillos, NM
Showing the Cerrillos area map.
Nearby Schools
Turquoise Trail Charter School
Elementary · 10.6 mi away
Santo Domingo School
School · 10.6 mi away
San Felipe Pueblo Elementary School
Elementary · 15.7 mi away
Amy Biehl Community School
Elementary · 15.9 mi away
Nina Otero Community School
Elementary · 16.3 mi away
Santo Nino Regional Catholic School
School · 16.4 mi away
Little Paws Head Start
School · 16.5 mi away
Capital High School
Secondary · 16.5 mi away
El Dorado Community School
Elementary · 16.7 mi away
Cesar Chavez Elementary School
Elementary · 16.7 mi away
Santa Fe School A S
Secondary · 16.9 mi away
Ortiz Middle School
Elementary · 17.0 mi away
Monte del Sol Charter School
Secondary · 17.3 mi away
Flores del Sol Head Start
School · 17.4 mi away
Sweeney Elementary School
Elementary · 17.4 mi away
Santa Fe Christian Academy
School · 17.6 mi away
New Mexico Connections Academy
School · 17.7 mi away
Ramirez Thomas Elementary School
Elementary · 18.0 mi away
South Mountain Elementary School
Elementary · 18.0 mi away
Pinon Elementary School
Elementary · 18.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 34 White Wolf Road, Cerrillos, NM | $249,000 | 2 | 1 | 400 |
| 28 Cliff View Drive, Cerrillos, NM | $275,000 | 2 | 1 | 1,240 |
Moving Cost Estimate
EXIT Agents in Cerrillos
Listing Courtesy: Real Broker LLC - 5055574976