Active

$225,000

For sale

5 S••••• Arroyo Rd (Sign up for 50 free credits to unlock)Cerrillos, NM 87010

1Beds

1Baths

779Sq Ft Living

3,049Sq Ft Lot

1967Year Built

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.

Property Facts & Features

Property Type: Single Family
Status: Active
Listed: Jun 3, 2026
Price per Sq Ft: $289/sqft
ZIP Code: 87010
Full Baths: 1
Stories: 2
Heating: Propane, WallFurnace
Construction: Frame
Property Tax (2025): $574/yr
Assessed Value: $29,612
County: Santa Fe
School District: Santa Fe Public Schools

Estimated Value

$222,800Range $195,940 to $319,200

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

Bedrooms: 1

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Land Info

Land Lease: No
Lot Size Acres: 0.07
Lot Size Source: PublicRecords
Lot Size Square Feet: 3223

Utilities

Sewer: SepticTank
ElectricityAvailable

Appliances

Oven
Range
Refrigerator

Rental Info

Lease Considered: No

Home Features

Security Features: DeadBolts

Interior Features

InteriorSteps
Flooring: Tile, Wood

Garage and Parking

Parking Total: 3

School Information

Elementary School: Turquoise Trail
High School: Capital
Middle School: Edgewood Middle School

Heating and Cooling

Heating Features: Propane, WallFurnace
Heating: Yes

Other Property Info

Annual Tax Amount: 574
Source Listing Status: Active
County: Santa Fe
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.
Tax Year: 2025
MLS Area Minor: 12-Madrid/Cerrillos
New Taxes Expense: 1733.67
Parcel Number: 076004058
Postal City: CERRILLOS
Postal Code Plus 4: 9773
Zoning: R-1, 2, 3, 4, 5, 6
Property Subtype: SingleFamilyResidence

Accessibility Features

Accessibility Features: NotAdaCompliant

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

Building and Construction

Total Square Feet Living: 779
Year Built: 1967
Building Area Total: 779
Construction Materials: Frame
Foundation Details: Basement
Levels: Two
Living Area Source: Assessor
Living Area Units: SquareFeet
Property Age: 59
Property Attached: No
Roof: Metal, Pitched
Levels or Stories: 2
Year Built Details: Per Owners, probably built off-site and brought into town on a railroad car in the early 20th century.
Year Built Source: PublicRecords

Price & Event History

Date	Event	Price	$/Sq Ft
Jul 5, 2026	Price Changed	$225,000	$289
Jun 3, 2026	Listed	$250,000	$321
Feb 27, 2008	Sold	-	-
Nov 29, 2007	Listed	$165,000	-

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2025	$574	$29,612	$12,929	$16,683	$88,837
2023	$560	$27,913	$12,929	$14,984	$83,740
2022	$588	$27,101	$12,929	$14,171	$81,302
2021	$577	$26,312	$12,929	$13,382	$78,935
2020	$564	$25,546	$12,929	$12,616	$76,637
2019	$553	$24,802	$12,929	$11,873	$74,406
2018	$539	$24,080	$12,929	$11,151	$72,240
2017	$520	$23,379	$12,929	$10,450	$70,137
2016	$488	$22,698	$13,333	$9,365	$68,095
2015	$479	$22,037	$13,333	$8,704	$66,112
2014	$453	$21,395	$13,333	$8,062	$64,187
2013	$387	$20,772	$13,333	$7,439	$62,318

Nearby Schools

4/10
Amy Biehl Community School At Rancho Viejo
Public · Elementary · Grades K-6
15.9 mi
4/10
Capital High School
Public · High · Grades 9-12
16.3 mi
NR
Turquoise Trail Charter School
Public · Elementary, Middle · Grades K-8
10.6 mi