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Pending
  • Price cut: $4.5K (10/23)
    $274,500

    2 Grasshopper Rd, Cerrillos, NM 87010

    2beds
    1,100sqft
    : 
    Single Family Residence
    Built in 1940
    0.32 Acres Lot
    $-- Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Rocky little arroyoLandscaped terracesTreed spacious lot
    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.
    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#: 202500329MLS LogoOriginating 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
    DateEventPrice
    12/9/2025Pending sale$274,500$250/sqft
    Source: SFARMLS #202500329 Report a problem
    10/23/2025Price change$274,500-1.6%$250/sqft
    Source: SFARMLS #202500329 Report a problem
    8/24/2025Price change$279,000-6.7%$254/sqft
    Source: SFARMLS #202500329 Report a problem
    6/26/2025Price change$299,000-11.8%$272/sqft
    Source: SFARMLS #202500329 Report a problem
    5/26/2025Price change$339,000-15%$308/sqft
    Source: SFARMLS #202500329 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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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