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Off market
  • $529,500

    2864 State Highway 14, Cerrillos, NM 87010

    3beds
    3,056sqft
    SingleFamily
    Built in ----
    7,683 Square Feet Lot
    $529,500 Zestimate®
    $173/sqft
    $3,243 Estimated rent

    Home value

    $529,500

    $503,000 - $556,000

    $3,243/mo

    Zestimate® history
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    $3,049/mo

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    What's special

    Set on the scenic Turquoise Trail in the heart of the Madrid business district is a creative community with over 40 shops and galleries and several restaurants, and a year round attraction in Santa Fe County. This turnkey commercial property consists of a large +/-1,700 sq.ft. retail store with lots of foot traffic and can be purchased with a complete inventory. In addition to the store, there are 2 apartments abutting the store, as well as a separate casita each with a successfully lucrative history of lodging. Each apartment has quiet, private spaces and private parking. The property, originally the village Sunday schoolhouse, has also been used as a setting in recent Hollywood films. This property was the Frontier gas station in the very successful Disney movie Wild Hogs. This is a fantastic opportunity for the entrepreneur looking to retire and fulfill their dream of running their own business and having steady income. The occupants of the apartments and casita require 48 hours notice to show.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher
    Interior area
    • Total interior livable area: 3,056 sqft

    Property

    Features
    • Levels: Two Story
    Lot
    • Size: 7,683 sqft
    Details
    • Parcel number: 79100952

    Construction

    Type & style
    • Home type: SingleFamily

    Utilities & green energy

    • Electric: Public
    • Gas: Propane

    Community & neighborhood

    Location
    • Region: Cerrillos

    Other

    Other facts
    • Electric: Public
    • Agreement Type: Exclusive Right
    • Junior High: Capshaw
    • Apx Heatd SqFt-Tot Liv A: 000, 3, 001 - 4
    • Levels: Two Story
    • Gas: Propane
    • Sewage: Septic, Other - See Remarks
    • Water Rights: Unknown
    • Approx. Age: 31+ Years
    • Style: North New Mexico, Cabin, Bungalow
    • Water: Community
    • Roof: Membrane, Metal - Corrugated
    • Guest House: Yes
    • Status: Active
    • Cooling: Refrigerator, Window
    • Heating/Distribution: Gas, Electric
    • HOA/COA: Yes
    • Studio: Yes
    • Tax Database ID: 1
    • Legal Description: IMPROVEMENT 020 T14N R 7E S25
    • Tax Property ID: 079100952

    Price history

    DateEventPrice
    5/3/2026Listing removed$549,000$180/sqft
    Source: SFARMLS #202504684 Report a problem
    12/4/2025Price change$549,000-7.7%$180/sqft
    Source: SFARMLS #202504165 Report a problem
    10/14/2025Listed for sale$595,000+50.6%$195/sqft
    Source: SFARMLS #202504165 Report a problem
    9/30/2020Listing removed$395,000$129/sqft
    Source: Cholla Properties #201803497 Report a problem
    8/19/2020Listed for sale$395,000$129/sqft
    Source: Cholla Properties #201803497 Report a problem
    6/15/2020Listing removed$395,000$129/sqft
    Source: Cholla Properties #201803497 Report a problem
    5/24/2020Listed for sale$395,000-18.6%$129/sqft
    Source: Cholla Properties #201803497 Report a problem
    9/5/2017Listing removed$485,000$159/sqft
    Source: Sotheby's International Realty - Main Downtown #201701268 Report a problem
    3/29/2017Listed for sale$485,000$159/sqft
    Source: Sotheby's Int. RE/Washington #201701268 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,447 -18.4%$361,419 -20.5%
    2023$4,227 +6.6%$454,515 +7.7%
    2022$3,966 -0.9%$422,028 -0.5%
    2021$4,001 -1.5%$424,073 +195.8%
    2020$4,060 +1%$143,387 +0.9%
    2019$4,022 +0.4%$142,073 +0.4%
    2018$4,007 $141,530 +0.4%
    2017$4,007 +0.4%$141,000 +28.6%
    2016$3,992 $109,600
    2015$3,992 +35.1%$109,600 +0.1%
    2014$2,955 +788%$109,490
    2005$333 +6.3%--
    2004$313 -9.6%--
    2003$346 +2.9%--
    2002$337 -4.5%--
    2001$353 +3.5%--
    2000$340 $23,370

    Find assessor info on the county website

    Neighborhood: 87010

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Turquoise Trail
    • Middle: Capshaw
    • High: Capital

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $529,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $529,500