3/4's of an acre with water and power at the edge of Madrid. Within walking distance to all the vibrant art community has to offer, and with easy access to Highway 14. Lot has been leveled in places, allowing for ease of building. Within the Madrid Traditional Community Zoning district, with a rural commercial overlay, this lot allows for both residential and some commercial development. Views across the canyon to Waldo Mesa and the Cerrillos Hills. Property is subject to covenants for the Madrid Landowners Association, $20/year membership, and future homes should reflect the historic styles of the community. Seventeen miles to Santa Fe. Owner may carry with 30% down.