Link Copied
Listed price in listed location currency (USD).
$500,000

323

MLS® 202600581

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1100 sqft
Garage No
Taxes 
Days Active 8
Lot Size 0.16 acres
Approx. Age 
Avg. Price Per Sqft $454
MLS® Number 202600581

Property Address: 1 Opera House Rd, Madrid, NM, 87010-9760

Average square foot calculated using Size range provided by listing agent.

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. 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
MLS® Number202600581
Laundry Level
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 27, 2026List Date
$500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1 Opera House Rd, Madrid, NM

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties