Location - Location - Location- This bungalow style house is located in the heart of Madrid on Main street and has great potential as a live /work space or just a home and will make a smart investment.There once was lovely established English gardens in the back and a pond. The home has great bones and needs the right person to restore it to its original state and save its integrity.The original bead board and wooden floors are still in tact. It is located on a large lot with a detached garage or workshop in the back where you can also park. The front room could easily be a storefront and the back of the house has good separation. A wall has been removed to open it up but could easily be put back. Imagine sitting out on the front porch with a cup of coffee and watching the birds and people walking by. It was once the town barbershop.If walls could talk imagine the stories you would hear. It has soul but needs a complete overhaul including septic. Madrid is the cultural art colony that is located on the scenic Turquoise Trail. Many Movies have been filmed here. A wonderful community and close to Santa Fe and Albuquerque. Will Qualify for a residential renovation loan with Waterstone Morgtage/ Sandra Claymore.
Once home to the large mining community, Madrid is now a sleepy little town of artists. With an ice cream parlour and old fashioned businesses, Madrid feels other-worldly to visitors. Homes here are early 20th century wooden structures painted a variety of colors. Just north of Madrid is Cerrillos, a traditional New Mexico village of older adobes and quaint shops.
The Turquoise Trail! A beautiful road from Santa Fe all the way to Albuquerque. With many lots 2.5 acres or more, this area is perfect for raising horses on wide open spaces with fewer building restrictions than in the city of Santa Fe. The famous Eaves Movie Ranch where movies like “The Cheyenne Social Club” and “Silverado”were filmed completes the Old West feeling.
This rapidly growing area with plans for expansion extending into the 2050’s is largely made up of rolling hills dotted with pinon and juniper. Most of the communities located here have extraordinary views of the Jemez, the Sangres and the Sandias.