$339,000

2 Grasshopper Rd Madrid, NM 87010

$4,026
Closing credit¹
2 beds
2 full
1,100 sqft
0.3 acres
$308 / sqft
House

Property details

About 2 Grasshopper Rd

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.

Highlights

Home typeSingle Family Residence
HeatingSpace Heater(s), Wood Stove
StatusActive
Size1,100 sqft
Lot size0.32 Acres
Year built1940
MLS #202500329
FireplaceWood Burning Stove

Summary

  • Full Bathrooms: 2
  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Concrete, Flagstone, Wood
  • Interior: Interior Steps
  • Fireplace: Wood Burning Stove
  • Total Bedroom Count: 2
  • Parking: None
  • Architectural Style: Other, See Remarks
  • Heating: Space Heater(s), Wood Stove
  • Cooling: None
  • List Price: $339,000
  • Price/SqFt: $308
  • Directions: Once in Madrid, just to the West of the Mineshaft, turn off from NM 14 onto Backroad, head N. and look for #29, sign on left, you can't really miss the blue houses.
  • Year Built: 1940
  • Living Area: 1,100 SqFt
  • Lot Size: 0.32 Acres
  • MLS Number: 202500329
  • MLS Name: SFAOR
  • Office Name: Barker Realty, LLC
  • Office Phone: (505) 982-9836
  • Office Email: reception@santaferealestate.com
  • Listing Agent: Barbara Graham

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2 Grasshopper Rd, Madrid, NM 87010 - aerial view

$339,000

2 Grasshopper Rd

$4,026

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

2

Santo Domingo Elementary School

Public District PK-5

10.5 mi

100 Hwy 22 West

4

Cochiti Elementary School

Public District PK-5

15.2 mi

800 Quail Hill Trl

6

Amy Biehl Community School at Rancho Viejo

Public District PK-6

15.5 mi

310 Avienda Del Sur

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,080. Typical income of Madrid, NM residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
51%
35k-100k
14%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

61%
Single, No Kids
7%
Single, with Kids
26%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
4%
12-17 yrs old
10%
18-34 yrs old
62%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • ApplebeesApplebees

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2 Grasshopper Rd

The listing price of 2 Grasshopper Rd property is $339,000.

The property 2 Grasshopper Rd is a house located in Madrid, New Mexico, 87010.

Active Listing: 2 Grasshopper Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2 Grasshopper Rd are: Santo Domingo Elementary School (GreatSchools Rating 2/10), Cochiti Elementary School (GreatSchools Rating 4/10), Amy Biehl Community School at Rancho Viejo (GreatSchools Rating 6/10), Turquoise Trail Charter School (GreatSchools Rating 6/10), Santo Domingo Middle School (GreatSchools Rating 3/10), Cochiti Middle School (GreatSchools Rating 4/10), Academy for Technology & Classics (GreatSchools Rating 8/10), Capital High School (GreatSchools Rating 5/10), The Masters Program (GreatSchools Rating 7/10).

The property at 2 Grasshopper Rd has 2 bedrooms and 2 bathrooms.

The property 2 Grasshopper Rd is 1,100 SqFt (source: MLS/tax record).

The year of construction for 2 Grasshopper Rd is 1940.

This home is located at 2 Grasshopper Rd in Madrid, NM and zip code 87010. This 1,100 square foot home, which was built in 1940, sits on a 0.32 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $339,000.

Over 9 listings were sold over their listed price in May 2025 in Madrid, NM. In the same period over 32 listings were sold below the listed price and 12 listings were sold for the listed price. In May 2025 in Madrid, NM there were 8.5% more homes for sale than in April. In May 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $690,000.

From Rocket Homes Real Estate and based on county public records data.

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