5 Grandfathered Lots - Madrid/Cerrillos Land with Utilities
Possible development opportunity. Utilities in place.
Marketing description
Rare opportunity to acquire five grandfathered contiguous lots totaling approximately 1.5 acres in Santa Fe County, just outside the highly desirable community of Madrid, NM. Located along the iconic Turquoise Trail (NM-14), this property offers a unique small development opportunity with key utilities already in place — including a private well, septic system, and electric service.
All five lots are grandfathered in Santa Fe County, providing a significant regulatory advantage for a buyer looking to develop. Whether you envision a custom compound, a multi-lot residential development, or a small investment project, this land offers flexibility and a strong foundation to build on.
Property is sold as-is. Buyer to verify zoning, setbacks, permitted uses, and condition of all utilities.
Investment highlights
5 grandfathered contiguous lots — hard to find in Santa Fe County
Utilities in place: private well, septic system, and electric service
Prime location just outside Madrid on the Turquoise Trail (NM-14)
~1.5 acres with multi-lot development flexibility
Rural zoning — buyer to verify permitted uses
Sold as-is at $199,000
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