HUGE 60k Price Improvement on this Opportunity in Madrid! Two homes, two addresses---2 Grasshopper and 29 Backroad. Both are one of a kind, Madrid-funky structures, of stone, wood, and metal siding, and have striking views of hillsides, mountains and town. The much-loved home and semi- industrial metal building --the "warehouse/apartment" will make great projects--live in one while you fix up or rent the other as the past owner did. Would be great for a workshop, home business, storage, garage, or rental. The County Assessor estimates the stone/wood house at 1112 sq ft and the warehouse/apartment at approx. 784 sq ft. On a treed, spacious lot with landscaped terraces and a rocky little arroyo, there's room to park and party--or just relax in the yard. Elements of Madrid's old mining (and hippie) days abound in the architecture, for example beams from the old Madrid mine building and "found objects" incorporated into the facade. Conventional electric, Madrid water membership. Nearby to everything Madrid including the tavern, dispensary, restaurants and galleries.
For sale
Price cut: $40K (6/26)
$299,000
2 Grasshopper Rd, Cerrillos, NM 87010
2beds
1,100sqft
Est.:
Single Family Residence
Built in 1940
0.32 Acres Lot
$-- Zestimate®
$272/sqft
$-- HOA
What's special
- 186 days
- on Zillow |
- 773 |
- 38 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 08:59am
Listed by:
Barbara Graham 505-470-2081,
Barker Realty, LLC 505-982-9836
Source: SFARMLS,MLS#: 202500329
Originating MLS: Santa Fe Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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: $272/sqft
- Tax assessed value: $105,256
- Annual tax amount: $649
- Date on market: 2/18/2025
- Listing terms: Cash
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