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Rare opportunity to own one of the miners' cottages 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.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1967
  • 0.07 Acre Lot
  • 157 days on Market

  • Bedrooms
    1
  • Bathrooms
    1
  • Year Built
    1967
  • Stories
    2.0
  • Architectural Style
    Other, See Remarks
  • Construction Materials
    Frame
  • Parking Features
    None
  • Living Area
    779.0
  • Appliances
    Refrigerator, Range, Oven
  • Flooring
    Tile, Wood
  • Cooling
    None
  • Heating
    Wall Furnace, Propane

  • Acres
    0.07
  • Utilities
    Electricity Available

  • County
    Santa Fe
  • City
    Cerrillos
  • Zip Code
    87010
  • High School
    Capital
  • Middle School
    Edgewood Middle School
  • Elementary School
    Turquoise Trail

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Frequently Asked Questions

How do I schedule a tour of 5 South Arroyo?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5 South Arroyo.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5 South Arroyo?

Click Ask a Question to talk with our team. You already know it is a 1 bed, 1 bath, listed for $225,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Cerrillos, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5 South Arroyo?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 5 South Arroyo at around $1,268. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5 South Arroyo?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Santa Fe County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5 South Arroyo?

In most cases, yes. Whether 5 South Arroyo is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Cerrillos's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5 South Arroyo?

We can handle that for you. Our preferred local agent specializes in residentials in Cerrillos and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $225,000 with 779 sqft of space—that comes out to approximately $289 per square foot.

How long has this property been on the market?

5 South Arroyo was listed on June 04, 2026, which means it's been on the market for 157 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1967, making it approximately 59 years old.

What is the lot size of this property?

5 South Arroyo sits on a 0.07-acre lot, which is 3,049 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Turquoise Trail
  • Middle: Edgewood Middle School
  • High: Capital

Want to see how these schools compare? Check out our Santa Fe County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 5 South Arroyo?

The most recent public record shows annual property taxes for 5 South Arroyo were approximately $574. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 5 South Arroyo still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data


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Last Updated: November 08, 2026 at 06:53AM | Source: Santa Fe Association of REALTORS | MLS#: 202602440