For sale

$225,000

Est. $1,270/mo —

•

779

sq ft

5 S Arroyo, Cerrillos, NM 87010

About this home

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.

Single-familyProperty Type

1967Year Built

3,223 sq ftLot Size

$289Price/Sq.Ft.

3 spacesParking

Listed by Laurie Frantz • Real Broker LLC

Listing updated: Jul 6, 2026 at 08:19am

Redfin checked: a minute ago

•Source:Santa Fe MLS #202602440

Payment calculator

$1,270 per month

Principal and interest$1,182

Property taxes

$48

HOA dues

Home insurance

$39

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Amy Biehl Community School At Rancho Viejo

Public PreK-6 • Assigned • 15.9mi

4/10

Milagro Middle School

Public 7-8 • Assigned • 20.3mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

5 S Arroyo · $225,000

Strong offer

$225K and above

75% chance or better to win

Why $225K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 57 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Interior steps
Not ADA compliant

Bathrooms
1 full bathroom

Kitchen
Oven
Range
Refrigerator

Flooring
Tile flooring
Wood flooring

Heating & cooling
Propane heating
Wall furnace

Sale and tax history for 5 S Arroyo

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$574 (+2.3%)

$12,929 + $16,683

$29,612

2024

$561 (+0.1%)

$12,929 + $15,821

$28,750

2023

$561 (−4.7%)

$12,929 + $14,984

$27,913

2022

$589 (+2.0%)

$12,929 + $14,171

$27,100

2021

$577 (+2.3%)

$12,929 + $13,382

$26,311

2020

$565 (+2.0%)

$12,929 + $12,616

$25,545

2019

$553 (+2.7%)

$12,929 + $11,873

$24,802

2018

$539 (+3.5%)

$12,929 + $11,151

$24,080

2017

$521 (+6.7%)

$12,929 + $10,450

$23,379

2016

$488 (+7.7%)

$13,333 + $9,365

$22,698

2014

$453

$13,333 + $8,062

$21,395

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

3,200 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

779

Unfinished Sq. Ft.

—

Total Sq. Ft.

779

Year built

1967

Style

Single Family Residential

County

Santa Fe County

APN

76004058

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

RURAL COMMERICAL OVERLAY ZONE

MADRID O-CD

Traditional Community District

The purpose of the Traditional Community TC district is to designate areas suitable for residential, small-scale commercial and traditional agricultural uses consistent with the existing development patterns of traditional communities. The TC district accommodates traditional community patterns, preserves historic and cultural landscapes, and protects agricultural uses, including agriculture found in traditional communities with acequia systems, from encroachment by development. Density bonuses and transfers of development rights may be utilized to achieve the purposes of the district. Density transfers and clustered development shall be allowed in order to support continued farming and/or ranching activities, conserve open space or protect scenic features and environmentally sensitive areas.

Zone overlays

O-RC
O-CD

Permitted uses

Include but are not limited to:

Agriculture
Religious facility
Convenience store
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Educational/school
Recreation

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

5/10 Fire Factor

5% chance of being in a wildfire in next 30 years

4/10 Heat Factor

8 days above 91° expected this year, 22 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Cerrillos, NM • 87010

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

80/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.2 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5 S Arroyo

We cannot show automated home-value estimates for this home.

Nearby homes have recently listed for $399,000

Nearby comparable homes

The Redfin Estimate uses 1 recent nearby sales.

SOLD FEB 9, 2026
$399,000 Last sold price
2 beds2 baths1,080 sq ft
2819 N Hwy 14, Cerrillos, NM 87010
$80/sq ft
larger lot
25 years newer

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Details provided by Santa Fe MLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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