Fix 'em up!--project opportunity in Madrid on nice view lot. Recent price improvement, too. Two homes, two addresses---2 Grasshopper and 29 Backroad, both one of a kind, Madrid-style structures, of stone, wood, and metal siding, both with striking views of hillsides, mountains and town. The much-loved home and semi- industrial metal building --the "warehouse/apartment" will make great projects! You can live in one while you fix up or rent the other as the past owner did, or use as your workshop, home business, storage, garage, etc. On a treed, spacious lot with landscaped terraces and a rocky little arroyo, there's room to park and relax in the yard. Elements of Madrid's old mining days abound: beams from the old Madrid mine building and "found objects" incorporated into the facade. The County Assessor estimates the stone/wood house at 1112 sq ft and the warehouse/apartment at approx. 784 sq ft. Conventional electric, Madrid water membership. Nearby to everything Madrid including the tavern, dispensary, restaurants and galleries, trails, ballpark, and more.
Pending
Price cut: $4.5K (10/23)
$274,500
2 Grasshopper Rd, Cerrillos, NM 87010
2beds
1,100sqft
Est.:
Single Family Residence
Built in 1940
0.32 Acres Lot
$-- Zestimate®
$250/sqft
$-- HOA
What's special
Rocky little arroyoLandscaped terracesTreed spacious lot
- 298 days |
- 860 |
- 39 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 08:55am
Listed by:
Barbara Graham 505-470-2081,
Barker Realty, LLC 505-982-9836
Source: SFARMLS,MLS#: 202500329
Originating MLS: Santa Fe Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Space Heater, Wood Stove
Cooling
- None
Appliances
- Included: Refrigerator
Features
- Interior Steps
- Flooring: Concrete, Flagstone, Wood
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
Property
Parking
- Total spaces: 5
- Parking features: None
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: Multi/Split
Lot
- Size: 0.32 Acres
Details
- Parcel number: 76004154
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,See Remarks
- Property subtype: Single Family Residence
Materials
- Metal Siding, Rock
- Roof: Other,See Remarks
Condition
- Year built: 1940
Utilities & green energy
- Electric: Other
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: High Speed Internet Available
Community & HOA
Location
- Region: Cerrillos
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $123,492
- Annual tax amount: $648
- Date on market: 2/18/2025
- Cumulative days on market: 298 days
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Pending sale | $274,500$250/sqft |
Source: | ||
| 10/23/2025 | Price change | $274,500-1.6%$250/sqft |
Source: | ||
| 8/24/2025 | Price change | $279,000-6.7%$254/sqft |
Source: | ||
| 6/26/2025 | Price change | $299,000-11.8%$272/sqft |
Source: | ||
| 5/26/2025 | Price change | $339,000-15%$308/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $648 -0.1% | $92,662 +3% |
| 2023 | $649 +2.6% | $89,964 +3% |
| 2022 | $632 +1.2% | $87,344 +2.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,569/mo
Principal & interest
$1361
Property taxes
$112
Home insurance
$96
Climate risks
Neighborhood: 87010
Nearby schools
GreatSchools rating
- 3/10Amy Biehl Community School At Rancho ViejoGrades: PK-6Distance: 15.5 mi
- 6/10Milagro Middle SchoolGrades: 7-8Distance: 20 mi
- NASanta Fe EngageGrades: 9-12Distance: 17.4 mi
Schools provided by the listing agent
- Elementary: Amy Biehl Community
- Middle: Milagro
- High: Santa Fe
Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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