For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Live-Work Bungalow with Studio Title is generated by Realmo AI

    2863 NM 14 Highway, Madrid, NM 87010

    View on Map
    Claim this Listing
    For Sale
    $875,000

    SINGLE_FAMILY - Bungalow - Madrid, NM

    Type:Retail
    Property size:
    1,800 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $486/SF
    Added:
    Jun 26, 2026
    Days on Market:
    13
    Last Refresh:
    Jul 8 at 5:06 pm

    Property Features for 2863 NM 14 Highway

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    Historic
    Rooms
    Basement
    Interior features
    BeamedCeilings, NoInteriorSteps
    Standard status
    Active
    APN
    076003984
    Size
    1,800 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Description
    T14N R 7E S25 IMPROVEMENT 17

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Propane (Heating)
    Cooling system
    Heat Pump
    Water front
    1

    Building Details

    Year built
    1931
    Flooring type
    Wood, Stone
    Building materials
    Brick, Concrete
    Roof type
    Metal
    Architectural style
    Bungalow

    We can help!

    Contact an agent
    Rachel Heath

    Listing agent Rachel Heath License #54680

    Listing office Keller Williams Realty 130 Lincoln Ave, Ste. K, Santa Fe, NM

    Listing date Jun 26, 2026

    MLS# 202602544 Listing URL

    Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1931 brick bungalow with mixed residential/commercial use (mixed use zoning allows residential or commercial use)
    • Separate front gallery space with 14‑ft ceilings plus apartment behind; both have original hardwood floors and updated finishes
    • Upgrades include new windows and doors, plus remodeled tile and plaster with beamed ceilings and wood/stone flooring
    • Each space includes mini‑split heat/AC system; heating is heat pump and propane, and cooling is heat pump
    • Private paved driveway with parking for 3 cars plus 2 additional roadway spots; full basement for storage
    • Outdoor setup includes walk‑out deck with roof, fenced gravel backyard with steel garden beds, and side yards

    Overview

    This remodeled 1931 bungalow is configured for live-work, with a front gallery and a separate apartment behind. The front gallery features approximately 14-foot ceilings, vaulted ceilings, and hardwood floors, with updates including new windows and doors, tile, plaster, lighting fixtures, and a blend of traditional and contemporary finishes. Additional interior improvements include black slate flooring and original exposed beams. The rear apartment includes a spacious layout with a kitchen featuring black slate floors and countertops, new lighting and windows, and original hardwood floors, along with a walk-out deck with a roof for shaded outdoor living. A dedicated studio space is set up for art with ample natural light, and each space includes a mini-split heat/AC system. The property also includes a full basement for storage, mature outdoor landscaping, and a fenced gravel backyard with steel garden beds, plus two shaded side yards.

    Set within the commercial district of Madrid, the property is zoned Historic and described as supporting mixed use for residential or commercial use. The home is located on the scenic Turquoise Trail corridor with restaurants, galleries, shops, studios, and hiking trails in the surrounding area. A private paved driveway provides parking for three cars, with two additional parking spots on the roadway.

    The layout is well-suited for an owner-operator seeking separate spaces for retail, gallery, or studio-style uses while also maintaining a private residence. With high-ceiling frontage and climate control across the separate areas, it can also support tenants looking for a multi-use live-work configuration that includes dedicated studio space and on-site storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Live-work space

    Map

    City
    Madrid
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.152352
    Latitude
    35.406857

    FAQs

    What type of property is this?
    Live-work space - Remodeled 1931 bungalow offers a front gallery and a separate rear apartment with private parking and dedicated climate control.
    Where is this live-work space located?
    The property is located at 2863 NM 14 Highway Madrid, NM.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: 1931 brick bungalow with mixed residential/commercial use (mixed use zoning allows residential or commercial use); Separate front gallery space with 14‑ft ceilings plus apartment behind; both have original hardwood floors and updated finishes; Upgrades include new windows and doors, plus remodeled tile and plaster with beamed ceilings and wood/stone flooring
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message