115 Waldo Mesa Rd, Cerrillos, NM, 87010
About This Home
Mesa-top views, space and privacy from this substantial off-grid home on 53 acres, two miles from Madrid and Highway 14. Primary residence is 4474 square feet all on one level, with generous, ample rooms, an open concept kitchen, a separate media nook, home office, and a light-filled living room. A kiva fireplace warms the dining area. Two large bedrooms and two bathrooms are in the main home. A separate upstairs apartment has its own kitchen and bath. The home features rammed earth construction with exterior walls two feet thick, and plaster interiors, radiant flooring, and solar power. The upstairs apartment, with its own entrance, is 1008 sq. ft. and offers guest, caretaker, or rental opportunities. 1132 sq. ft. of shop and garage space provides room for parking up to 5 cars. Acreage would be ideal has for gardening, horses, etc. Home has some deferred maintenance and needs finishing in places, and is priced accordingly, bring your vision and energy for an opportunity for considerable sweat equity.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Roof: Flat
Type & Style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Features
- No Interior Steps
- Flooring: Tile
- Number of fireplaces: 1
- Fireplace features: Kiva
- Fireplace: Yes
Heating & Cooling
- Heating features: Radiant Floor
- Cooling features: None
Interior Area
- Total structure area: 5,482
- Total interior livable area: 5,482 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Details
- Parcel number: 078101423
- Zoning: Other
- Zoning description: County Rural
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Horses can be raised: Yes
- Living area range: 4,001-5,000
Lot
- Lot size: 53.32 Acres
Parking
- Total spaces: 10
- Parking features: Attached,Garage
- Has garage: Yes
- Attached garage spaces: 5
- Covered spaces: 5
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Wildfire
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Fe County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,019 | $48,228 |
| Home Insurance * | $532 | $6,384 |
| Property Taxes | $367 | $4,404 |
| Electricity | $389 | $4,677 |
| Total | $5,307 | $63,684 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-12 | Listed for sale | $795,000 |
| 2025-07-26 | Listing removed | $795,000 |
| 2024-08-09 | Listed for sale | $795,000 |
| 2020-05-15 | Sold | -- |
| 2020-04-08 | Pending sale | $170,000 |
| 2019-10-14 | Listed for sale | $170,000 |
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