2859 NM 14, Cerrillos, NM 87010
- 4 beds |
- 3 baths |
- 2,978 sqft
Single-Family Home
Built in 1990
5,227sqft lot
—— car garage
$332/sqft
Listed 19 days ago
Property Description
Multi-faceted commercial-residential property, turnkey and ready to go with rental income. Currently operating as a contemporary art gallery, an artist studio, an Airbnb, and a long-term home rental, this property is a gem in the artist community of Madrid. Located right in the heart of town, but with private courtyard areas, this unique plot offers beauty and reprieve while not sacrificing prime location. Property features: Main gallery/commercial floor with adjoining artist studio, kitchen, and bath, second level, private-entry loft apartment currently operating as a licensed Airbnb, and a private, free-standing 3bd/1ba home. Parking for 3 cars. All spaces recently renovated, with excellent natural lighting, this property shines as a bright and fresh investment, business opportunity, residential home, or all of the above. Ideal for an artist or entrepreneur. Option to purchase the existing business, and to keep the long-term rental tenant. Additional option to purchase all furniture/items in Airbnb to enable continuous business operation upon sale. Details to be discussed with the current owner and business operator. Recent improvements include new septic, new electrical panel, mini-split AC/heat units, exterior and interior paint job, lighting upgrades, exterior power-washing, gutter cleaning, professional window cleaning, and landscape upgrades. The property features two large water tanks, one for rainwater catchment, and other for freshwater delivery. Membership to Madrid Community Water will also transfer with the sale.
- Listing Status:
- Active
- Date Added:
- May 21, 2025 at 05:00AM
- Listing Office:
- Hardy & Company : (505) 629-0010
- Listing Agent:
- Stephen J. Hardy : (505) 992-3253
- MLS ID:
- 202502250
- General: Interior Steps
- Flooring: LaminateTileWood
- A/C: DuctlessHeat PumpRefrigerated
- Heating: Heat PumpPropane
- Fireplace: Fireplaces: 0
- Disability Feature: Not ADA Compliant
This listing courtesy of Stephen J. Hardy, Hardy & Company
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Amy Biehl Community School at Rancho Viejo
310 Avienda Del Sur, Santa Fe, NM, 87508
Grades PK-6
15.64 miles away
Academy for Technology & Classics
74 A Van NU PO, Santa Fe, NM, 87508
Grades 7-12
14.57 miles away
Santa Fe High School
2505 Camino Entrada, Santa Fe, NM, 87507
Grades 9-12
17.58 miles away