87010, NM homes for sale & real estate

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ABOUT THIS HOME
87010, NM Homes for Sale
Step into the heart of Madrid’s storied past with this rare 1895 miner’s cabin—originally part of the town’s first subdivision—now beautifully refreshed for modern living. Lovingly preserved and thoughtfully updated, this unique property blends historic character with contemporary comfort, offering endless possibilities for full-time living, an artist’s retreat, or a live/work opportunity thanks to its commercial zoning. Anchored on a full foundation, the home retains its original oak flooring, balanced with new waterproof vinyl flooring in the kitchen and bath for everyday ease. Modern enhancements include a fresh stucco exterior with coded wall insulati

$425,000

2 beds1 bath964 sq ft

2829 State Hwy 14, Madrid, NM 87010

1895 miner's cabin • Commercial zoning • 7,537 sq ft lot

ABOUT THIS HOME
87010, NM Homes for Sale
This commercial property with 2 apartments and a casita i on Highway 14 is located in the center of Madrids business district. Madrid is an eccentric and creative town located twenty miles south of Santa Fe. There are many shops, galleries and restaurants and other year round attractions. This is a turnkey commercial property that has a new roof, new electrical work installed a new hot water heater and has just been painted.

$595,000

3 beds2.5 baths1,424 sq ft

2864 Nm 14, Madrid, NM 87010

New electrical work • New hot water heater • New roof

ABOUT THIS HOME
87010, NM Homes for Sale
Experience sustainable Off-Grid living in a truly unique and artistically designed home. A One bedroom, one full bath Artist retreat in Madrid, New Mexico with solidly built craftsmanship. Every detail speaks to inspiration and integrity--from the hand-poured, etched entry threshold, the turquoise inlay to the artisan stone walls, hand-hewn vigas, and thick reclaimed timber beam window ledges. A mosaic tile inlay graces the foot of the richly grained hardwood staircase, and a striking stone-clad fireplace anchors the living space with warmth and enduring character. Designed for comfort and sustainability, this home offers a holistic lifestyle in a truly inspiring setting. The spacious bedro

$595,000

1 bed1 bath1,456 sq ft

35 Grateful Way, Cerrillos, NM 87010

Stone-clad fireplace • Turquoise inlay • Artisan stone walls

3D WALKTHROUGH

ABOUT THIS HOME
87010, NM Homes for Sale
House and separate studio with great potential, first floor has a comfortable open plan with spacious covered, north facing portal. Second floor has amazing views and a gorgeous deck for those cool summer evenings. Forty acres of stunning high desert with privacy and easy access just off pavement. Great horse country! This home could be paradise for you and your animals!

$449,000

3 beds2 baths2,360 sq ft

22 Warrenpoint Rd, Cerrillos, NM 87010

Easy access • Horse country • High desert

ABOUT THIS HOME
87010, NM Homes for Sale
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 excelle

$949,000

4 beds2.5 baths2,978 sq ft

2859 Nm 14, Madrid, NM 87010

Licensed airbnb • Artist studio • Recently renovated

Property at 2819 N Hwy 14, Cerrillos, NM 87010, 2 beds, 2 baths

$399,000

2 beds2 baths1,080 sq ft

2819 N Hwy 14, Cerrillos, NM 87010

Property at 6 Harvey, Cerrillos, NM 87010, 1 bed, 1 bath

$350,000

1 bed1 bath1,316 sq ft

6 Harvey, Cerrillos, NM 87010

Property at 60 Tarantula Flts, Cerrillos, NM 87010, 2 beds, 2 baths

$614,000

2 beds2 baths1,589 sq ft

60 Tarantula Flts, Cerrillos, NM 87010

Property at 3 Waldo, Cerrillos, NM 87010, 3 beds, 1 bath

$799,000

3 beds1 bath2,443 sq ft

3 Waldo, Cerrillos, NM 87010

Property at 2 Grasshopper Rd, Cerrillos, NM 87010, 2 beds, 2 baths

$274,500

2 beds2 baths1,100 sq ft

2 Grasshopper Rd, Cerrillos, NM 87010

Property at 49 Blue Agave, Cerrillos, NM 87010, 1 bed, 1.5 baths

$715,000

1 bed1.5 baths1,476 sq ft

49 Blue Agave, Cerrillos, NM 87010

Property at 28 Cliff View Dr, Cerrillos, NM 87010, 2 beds, 0.5 baths

$338,000

2 beds0.5 baths1,240 sq ft

28 Cliff View Dr, Cerrillos, NM 87010

Property at 115 Waldo Mesa, Cerrillos, NM 87010, 3 beds, 3 baths

$795,000

3 beds3 baths5,482 sq ft

115 Waldo Mesa, Cerrillos, NM 87010

Property at 0 Grateful, Cerrillos, NM 87010, 1 bath

$799,000

0 beds1 bath314 sq ft

0 Grateful, Cerrillos, NM 87010

Property at 7 Rancho De Shama Unit C, Los Cerrillos, NM 87010

$180,000

— beds— baths— sq ft

7 Rancho De Shama Unit C, Los Cerrillos, NM 87010

Property at 2881 & 2883-B Nm 14, Cerrillos, NM 87010

$600,000

— beds— baths— sq ft

2881 & 2883-B Nm 14, Cerrillos, NM 87010

— beds— baths— sq ft

2817 N Hwy 14, Cerrillos, NM 87010

Property at 0 Ortiz Mine Grant, Cerrillos, NM 87010

$146,000

— beds— baths— sq ft

0 Ortiz Mine Grant, Cerrillos, NM 87010

Property at 65 Grenfell Ranch Rd, Cerrillos, NM 87010

$199,000

— beds— baths— sq ft

65 Grenfell Ranch Rd, Cerrillos, NM 87010

Property at 14 River St, Cerrillos, NM 87010

$86,000

— beds— baths— sq ft

14 River St, Cerrillos, NM 87010

Property at 44A Goldmine Unit A, Cerrillos, NM 87010

$160,000

— beds— baths— sq ft

44A Goldmine Unit A, Cerrillos, NM 87010

Property at 258 Red Rock, Cerrillos, NM 87010

$79,000

— beds— baths— sq ft

258 Red Rock, Cerrillos, NM 87010

Property at 185 Stoney Rd, Los Cerrillos, NM 87010

$99,000

— beds— baths— sq ft

185 Stoney Rd, Los Cerrillos, NM 87010

Property at 7 Rancho De Shama, Los Cerrillos, NM 87010

$249,900

— beds— baths— sq ft

7 Rancho De Shama, Los Cerrillos, NM 87010

Property at 34 Ice House Rd, Madrid, NM 87010

$120,000

— beds— baths— sq ft

34 Ice House Rd, Madrid, NM 87010

Property at 401 Red Rock Rd, Cerrillos, NM 87010

$95,000

— beds— baths— sq ft

401 Red Rock Rd, Cerrillos, NM 87010

Property at 203 Camino Cerro Chato Unit B, Cerrillos, NM 87010

$105,000

— beds— baths— sq ft

203 Camino Cerro Chato Unit B, Cerrillos, NM 87010

Property at 156 Wagon Trl, Cerrillos, NM 87010

$259,000

— beds— baths— sq ft

156 Wagon Trl, Cerrillos, NM 87010

Property at 48 Three Sisters, Cerrillos, NM 87010

$250,000

— beds— baths— sq ft

48 Three Sisters, Cerrillos, NM 87010

Property at TBD Hanuman, Cerrillos, NM 87010

$79,000

— beds— baths— sq ft

TBD Hanuman, Cerrillos, NM 87010

Property at 354 Old Windmill Trl, Cerrillos, NM 87010

$160,000

— beds— baths— sq ft

354 Old Windmill Trl, Cerrillos, NM 87010

Property at 95 Grenfell Ranch & 30 Blue Agave, Cerrillos, NM 87010

$349,000

— beds— baths— sq ft

95 Grenfell Ranch & 30 Blue Agave, Cerrillos, NM 87010

Property at 61 Vista Del Oro, Cerrillos, NM 87010

$349,000

— beds— baths— sq ft

61 Vista Del Oro, Cerrillos, NM 87010

Property at 84 West Basin Rdg, Lamy, NM 87540

$729,000

— beds— baths— sq ft

84 West Basin Rdg, Lamy, NM 87540

Property at 509 Goldmine, Cerrillos, NM 87010

$299,000

— beds— baths— sq ft

509 Goldmine, Cerrillos, NM 87010

Property at 460 Camino Cerro Chato, Cerrillos, NM 87010

$229,000

— beds— baths— sq ft

460 Camino Cerro Chato, Cerrillos, NM 87010

Property at 50 Via Sol Estrella, Cerrillos, NM 87010

$80,000

— beds— baths— sq ft

50 Via Sol Estrella, Cerrillos, NM 87010

Property at 63 Pioneer Way, Cerrillos, NM 87010

$199,000

— beds— baths— sq ft

63 Pioneer Way, Cerrillos, NM 87010

Property at TBD Three Sisters, Cerrillos, NM 87010

$250,000

— beds— baths— sq ft

TBD Three Sisters, Cerrillos, NM 87010

Property at 176 Wagon Trl, Cerrillos, NM 87010

$235,000

— beds— baths— sq ft

176 Wagon Trl, Cerrillos, NM 87010

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Average home prices near 87010, NM

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Zip Codes

87010, NM real estate trends

All Home Types trends in 87010, NM

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$496,000

+24.3% YoY | Sep 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Sep 2025

Growth

% YoY

87010, NM

$496,000

+24.3%

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