Sotheby's Int. RE/Grant

1 Opera House Road, Madrid, NM

$500,000

Previous Next

3

Beds

2

Baths

1,750

Square feet

0.16

Acres

About 1 Opera House Road

This inviting Madrid townsite property blends historic character with modern updates, featuring an upgraded kitchen and a detached guest house complete with a full bath and kitchenette. It’s an ideal fit for a homeowner seeking rental income, a private studio, or a strong investment opportunity.  Originally one of Madrid’s miner cabins, the main home has been lovingly restored and thoughtfully expanded to include two upstairs bedrooms. The living room and kitchen retain their original hardwood floors, complemented by a wood stove, gas range, granite countertops, and a passive-solar dining area with Saltillo tile. Newer metal ProPanel roof.  The detached casita—an original stone-and-stucco structure—sits well behind the main house with its own private access and parking off Backroad. It is currently rented and equipped with separate sub-meters and a second water co-op hookup, offering immediate income potential. The main house includes a well-planned laundry room with added storage, while the guest house features its own stackable washer/dryer. Additional storage is available in the outbuilding and walk-in crawl space.  A fenced yard provides shade and a secure space for pets. From the classic front porch, enjoy views of the vibrant historic village and the scenic Turquoise Trail. The location offers easy walkability to restaurants, galleries, and the general store, with Cerrillos State Park nearby and convenient access to both Santa Fe and Albuquerque

Features of 1 Opera House Road

MLS® # 202600581
Price $500,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,750
Acres 0.16
Type Residential
Sub-Type Single Family Residence
Style Other, See Remarks
Status Active

Community Information

Address 1 Opera House Road
Area 12-Madrid/Cerrillos
Subdivision Madrid Townsite
City Madrid
County Santa Fe
State NM
Zip Code 87010

Amenities

Amenities Other, See Remarks
Utilities High Speed Internet Available, Electricity Available
Parking Spaces 3
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Flagstone, Tile, Wood
Interior Features Interior Steps
Appliances Dryer, Oven, Range, Refrigerator, Water Heater, Washer
Heating Propane, Passive Solar, Wood Stove, Wall Furnace
Cooling None
Fireplace Yes
# of Fireplaces 2
Fireplaces Wood Burning, Wood Burning Stove
Stories Two
Has Basement No

Exterior

Exterior Frame, Other, Wood Siding
Windows Insulated Windows
Roof Metal, Pitched
Construction Frame, Other, Wood Siding

School Information

Elementary Amy Biehl Community
Middle Capshaw
High Capital

Additional Information

Date Listed February 27th, 2026
Days on Market 12
Short Sale No
RE / Bank Owned No
HOA Fees 20
HOA Fees Freq. Annually

Listing Details

AgentCynthia C. Sheff
OfficeSotheby's Int. RE/Grant

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?