500 2nd St, Magdalena, NM, 87825
About This Home
Discover the charm of this historic custom adobe home offering 1,688 sq. ft. on a desirable corner lot with beautiful views & timeless Southwest character. This 3-bedroom, 2-bath residence features classic diamond-finish walls, updated windows, & hardwood & tile flooring throughout. The fully fenced property showcases an immaculate, manicured yard and a durable metal roof for lasting peace of mind. A versatile detached gallery or workshop provides the perfect space for artists, hobbyists, or a private studio. Located in the artisan community of Magdalena, known for its creative spirit and cultural richness, this inviting property blends history, comfort, & inspiration--just an hour & a half from Albuquerque. A rare opportunity to live, create, & thrive in a truly special setting.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1920
Materials
- Roof: Metal,Pitched
- Construction materials: Adobe,Frame,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Custom
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Free-Standing Gas Range,Refrigerator,Washer
- Laundry features: Electric Dryer Hookup
Bedroom2
- Level: Main
- Area: 120
Bedroom3
- Level: Main
- Area: 100
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 72
Features
- Ceiling Fan(s),Cathedral Ceiling(s),Dressing Area,Family/Dining Room,High Ceilings,High Speed Internet,Country Kitchen,Living/Dining Room,Pantry,Shower Only,Skylights,Separate Shower,Walk-In Closet(s)
- Window features: Double Pane Windows,Insulated Windows,Vinyl,Skylight(s)
- Flooring: Concrete,Tile,Wood
Heating & Cooling
- Heating features: Electric,Propane,Pellet Stove
- Cooling features: None
Interior Area
- Total structure area: 1,688
- Total interior livable area: 1,688 sqft
Kitchen
- Level: Main
- Area: 154
Living Room
- Level: Main
- Area: 180
Primary Bedroom
- Level: Main
- Area: 143
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 0121200117
- Zoning: Out of MLS Area
- Zoning description: R-1
Features
- Levels: One
- Stories: 1
- Patio & porch: Open,Patio
- Exterior features: Privacy Wall,Propane Tank - Owned
- Fencing: Full
- Has view: Yes
Lot
- Lot size: 5,662 sqft
- Features: Corner Lot,Landscaped,Many Trees,Views
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
- Hail
- Lightning
- Wildfire
- Winter Weather
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Socorro 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 | $1,643 | $19,716 |
| Home Insurance * | $325 | $3,900 |
| Property Taxes | $157 | $1,884 |
| Electricity | $148 | $1,780 |
| Total | $2,273 | $27,276 |
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 |
|---|---|---|
| 2026-03-31 | Listed for sale | $325,000 |
| 2026-02-14 | Listing removed | $325,000 |
| 2025-10-19 | Price change | $325,000 |
| 2025-08-15 | Listed for sale | $343,000 |
| 2019-09-20 | Sold | -- |
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