# 2872 Nm 14, Madrid, NM 87010 > **TL;DR:** 2bd/1ba single family, $410,000 ($293/sqft), built 1940, 1,400 sqft. > A/C. Est. $2,213/mo. Listed 145 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $410,000 | | Price/sqft | $293 | | Bedrooms | 2 | | Bathrooms | 1 full | | Square Feet | 1,400 | | Year Built | 1940 | | Lot Size | 7,405 sqft (0.17 acres) | | Stories | 2 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 145 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,073 | | Estimated Insurance | $120 | | HOA | $20 | | **Total** | **$2,213** | ## Nearby Schools - **Elementary:** Turquoise Trail - **Middle:** Capshaw - **High:** Capital ## Key Amenities - A/C ## Property Highlights - Built in 1940 - 0.17 acre lot - 2 stories - 1 parking spaces ## Description ### Agent Description A potentially commercial/residential property in heart of the popular artist and entertainment tourist destination, Madrid New Mexico is right on the Turquoise Trail National Scenic Byway, Hwy 14. Property is perfectly situated for a vacation rental, retail/gallery or home. Covered front porch entrance into a spacious and sunlit front room-gallery, kitchen, bathroom, bedroom, and a back room that could be a second bed room or an office. Basement area, sun room and yard.. 23 miles from Santa Fe, Madrid attracts visitors from both Santa Fe and Albuquerque as well as National and International tourists and is famous for its many unique shops and galleries, Christmas light display, 4th of July and Christmas Parades, and Maggie's Diner biker photo op and Wild Hogs movie memorabilia. There are two restaurants within a ten minute walk, Owner may finance with acceptable down payment of $143,500 at 7%. ## Location - **Address:** 2872 Nm 14, Madrid, NM 87010 - **County:** Santa Fe - **Coordinates:** 35.4074801, -106.1516844 - **Google Maps:** https://www.google.com/maps?q=35.4074801,-106.1516844 ## Listing Agent - **Name:** Terrance Scott Polly · **License:** 169 - **Brokerage:** Cholla Properties - **Broker Phone:** (505) 438-7330 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2872-NM-14_Madrid_NM_87010_M96005-79308?f=listhub&s=SFARNM&m=202602489&c=propsimple) ## Photos ![2872 Nm 14 - Photo 1](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f65264711r.jpg) ![2872 Nm 14 - Photo 2](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f1648027246r.jpg) ![2872 Nm 14 - Photo 3](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f1648027246r.jpg) ![2872 Nm 14 - Photo 4](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f3288622389r.jpg) ![2872 Nm 14 - Photo 5](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f2490150642r.jpg) ![2872 Nm 14 - Photo 6](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f4138142523r.jpg) ![2872 Nm 14 - Photo 7](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f2785896260r.jpg) ![2872 Nm 14 - Photo 8](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f149818802r.jpg) ![2872 Nm 14 - Photo 9](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f3695218546r.jpg) ![2872 Nm 14 - Photo 10](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f3002134032r.jpg) ![2872 Nm 14 - Photo 11](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f1645077245r.jpg) ![2872 Nm 14 - Photo 12](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f3560179763r.jpg) ![2872 Nm 14 - Photo 13](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f1970779098r.jpg) ![2872 Nm 14 - Photo 14](http://lh.rdcpix.com/c735da2610554b6a40026f134074f858l-f4095814106r.jpg) --- **MLS#:** 202602489 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/2872-nm-14-madrid-nm-87010-562a00bfb1fb4d3ca7abe3d3428b3933) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/2872-nm-14-madrid-nm-87010-562a00bfb1fb4d3ca7abe3d3428b3933#listing", "url": "https://staging.propertysimple.ai/listing/2872-nm-14-madrid-nm-87010-562a00bfb1fb4d3ca7abe3d3428b3933", "name": "2872 Nm 14, Madrid, NM 87010", "description": "A potentially commercial/residential property in heart of the popular artist and entertainment tourist destination, Madrid New Mexico is right on the Turquoise Trail National Scenic Byway, Hwy 14. Property is perfectly situated for a vacation rental, retail/gallery or home. 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