Los Ranchos NM Real Estate & Homes for Sale

This custom gated neighborhood in Los Ranchos is a dream! Soaring cathedral ceilings create a grand first impression, filling this home with natural light. Designed for both everyday living and entertaining, the thoughtfully expanded floor plan features an added media room, providing a second living area perfect for movie nights, a game room, home office, or flexible gathering space.The thoughtfully designed floor plan of this home includes four generous bedrooms and beautifully appointed bathrooms. The primary suite is on the main level, with spa bathroom and walk in closet. Step outside to enjoy the covered front patio overlooking the lush yard.Car enthusiasts, hobbyists, fitness enthusiasts, and RV owners will appreciate the oversized RV garage, offering endless possibilities or storage

323 Nuevo Hacienda Ln Nw, Los Ranchos

$1,395,000

6 Beds ⋅ 4 Baths

A secluded North Valley sanctuary on .87 lush acres in coveted Dietz Farm, this exceptional adobe home, originally designed by architect Nat Kaplan, blends timeless Southwestern architecture with modern comfort. Expanded and remodeled in 2002 and 2006, it features exposed wood beams, kiva fireplaces, warm wood ceilings and floors, and numerous skylights that fill the home with natural light. Multiple covered patios, a peaceful meditation courtyard with fountains, a detached spa-like room with Finnish Sauna, and a stunning swimming pool create a true private oasis. Enjoy direct neighborhood access to Bosque and acequia walking trails, with Flying Star Café just a short stroll away and convenient to I-40 access.

4068 Dietz Farm Cir Nw, Los Ranchos

$6,500,000

5 Beds ⋅ 9 Baths

A Rare Offering in the Heart of Los Ranchos de Albuquerque. Experience the art of exceptional living in this breathtaking Los Ranchos estate, where timeless architecture, masterful craftsmanship, and extraordinary outdoor spaces come together in a truly remarkable setting. Situated on one of New Mexico's most exclusive streets, this distinguished property offers a rare combination of privacy, elegance, equestrian amenities, and the quintessential New Mexico lifestyle. From the moment you arrive through the custom-designed electric entry gate, you are welcomed by dramatic architecture, beautifully manicured grounds, and an unmistakable sense of grandeur. Three acres of lush lawns and mature landscaping create a private, park-like setting, complemented by four fountains, decorative curbing, pipe and panel fencing, a fire pit, an almond orchard, and multiple inviting outdoor living spaces. Inside, the home showcases extraordinary craftsmanship and refined architectural details at every turn. Hand-carved wood doors, carved wood beams, custom cabinetry, hand-forged metal railings and lighting fixtures, distinctive ceiling treatments throughout the home. Precast concrete adds to the sophisticated finishes and creates an atmosphere of warmth and understated luxury. Travertine and beautifully distressed hardwood floors provide an elegant foundation, while soaring ceilings and thoughtfully designed living spaces enhance the home's sense of scale and character. At the heart of the home is a phenomenal chef's kitchen featuring Taj Mahal quartzite countertops, Viking appliances, dual ovens with warming drawer, two dishwashers flanking the Shaw Farm sink, two refrigerator drawers, large refrigerator/freezer and cooktop, and custom cabinets. Designed for both everyday living and grand-scale entertaining, the kitchen flows seamlessly into the home's inviting gathering spaces. Four exquisite fireplaces each providing their own elegance to the rooms they occupy. A beautiful dramatic winding staircase with hand forged guardrail leading up to a magnificent hand crafted ceiling and light fixture further elevates the interior. The luxurious primary suite is a private sanctuary, offering a peaceful sitting area, private balcony, an expansive walk-in closet with custom organization, and a spa-inspired bathroom with dual vanities, a dedicated makeup vanity, walk-in shower with 2 shower heads, and a freestanding soaking tub. A conveniently located laundry room features abundant cabinetry, generous counter space, and a ceramic farmhouse sink. Five en suite bedrooms provide comfort and privacy, each with its own adjoining bathroom, hardwood flooring, and custom window treatments. An additional private main-level office offers custom built-in cabinetry, file storage, shelving, handcrafted wood detailing, and a separate entrance opening to a private patio-an inspiring setting for working from home. Beyond the main residence, a beautifully appointed detached casita offers exceptional flexibility for guests, extended family, or private accommodations. Complete with its own living area, kitchenette, bedroom, bathroom, closet, and private porch overlooking the backyard, it provides an inviting retreat of its own. The backyard is a destination in itself, designed for relaxation, entertaining, and year-round enjoyment. Unwind in the endless-resistance swim spa, gather around the built-in gas fire pit with its circular banco, or enjoy the tranquil sounds of water flowing around two distinctive bronze sheep sculptures and natural stone features sourced from Madrid, New Mexico. Covered and open patios, elegant concrete pavers, mature landscaping, and pampas grass create an inviting outdoor environment. A Viking gas grill completes the entertaining area, while a private pedestrian gate provides convenient access to nearby acequia and Bosque trails. Exceptional Equestrian and Garage Amenities Equestrian enthusiasts will appreciate the impressive barn, featuring tongue-and-groove interior finishes, three custom stalls, six turnouts, a tack room and storage area, and a half bath. The barn also offers room to park six vehicles plus a dedicated RV garage, providing outstanding space for vehicles, recreational equipment, collections, and additional storage. An Unparalleled Los Ranchos Lifestyle One of this estate's most exceptional features is its connection to the surrounding community and natural beauty. A private ditch gate provides direct access to miles of walking and biking trails along the historic acequias and the Bosque. Nearby destinations include Los Poblanos Farm, the local farmers market, and Harnett Park, with its tennis courts, playground, and open green space. Here, the charm of rural New Mexico meets the convenience of an established and highly sought-after village setting. Enjoy the privacy and serenity of expansive grounds while remaining connected to the traditions, recreation, and distinctive character that make Los Ranchos so special. Property Highlights & Specifications Main Residence Ï Approximately 6,826 square feet Ï Five en suite bedrooms Ï Nine total baths throughout the property Ï Four interior fireplaces Ï Custom ceiling treatments throughout home Ï Gourmet kitchen with Viking appliances and Taj Mahal quartzite countertops and walk in pantry Ï Travertine and distressed hardwood flooring Ï Custom wood doors, cabinetry, built-in bookcases, and window treatments Ï Surround sound throughout the main house Ï Wet bar with refrigerator and wine storage Ï Private office with custom built-ins and separate patio entrance Ï Interior courtyard with fountain Ï In-line central vacuum system and alarm system Ï Custom paint finish on walls Ï 3 car attached garage with storage Ï Alarm system Detached Casita Ï Separate guest accommodations with living area and kitchenette Ï One bedroom and a three-quarter bath Ï Refrigerator, microwave/convection oven, sink, closet, and private porch Ï Independent forced-air heating and refrigerated cooling Grounds & Outdoor Living Ï Three acres of landscaped grounds with concrete curbing around perimeter and within interior grounds Ï Four fountains Ï Automatic lawn sprinklers and drip irrigation for plants and flower pots Ï MRGCD irrigation and private irrigation well Ï Custom electric entry gate and additional vehicle entrance near the almond orchard Ï Built-in gas fire pit and circular banco Ï Endless-resistance swim spa Ï Viking gas grill Ï Covered and open patios with concrete pavers Ï Private pedestrian gate with direct ditch-trail access Equestrian Facilities Ï 3,948-square-foot barn (94' × 42') Ï Three custom stalls with heated automatic water troughs and six turnouts Ï Tack room/storage and half bath Ï Six parking spaces plus one RV garage Ï Tongue and Groove on walls and ceiling Mechanical & Construction Features Ï Pitched roof with concrete roof tiles Ï Forced-air heating and radiant in-floor heating in the main residence Ï Refrigerated cooling: four units for the main house and one for the casita Ï 100-gallon hot water heater serving the main residence and casita Ï Recirculating hot water system Ï Jeld-Wen Custom Series doors and windows Ï Newport Brass faucets Ï Custom doors and cabinetry by Rancho Viejo Area Measurements Ï Main residence: 6,826 square feet Ï Casita: 539 square feet Ï Total living area: 7,365 square feet Ï Barn: 3,948 square feet

4600 Rio Grande Ln Nw, Los Ranchos

7200 Zia View Ct Nw Unit N/A, Los Ranchos

$299,000

This amazing lot could be the place to build your dream home in the North Valley, in Los Ranchos De Albuquerque. Shopping, schools close to your new dream home. The lots all have Electric, City Water, City Sewer and Gas just need to set the meters. Road is graded with a cul-de-sac turn around. Also the perimeter is all fenced, some with nice adobe style walls. Lots are level and ready to build, this can save you $30,000 - $40,000 per lot compared to an unimproved lot.

7200 Zia View Ct Nw Unit N/A, Los Ranchos

1718 Avenida Las Campanas Nw, Los Ranchos

$1,790,000

3 Beds ⋅ 3 Baths

Set at the end of a quiet road on 2 peaceful acres in Los Ranchos de Albuquerque, this custom adobe home captures the character and craftsmanship that make the North Valley so special. Handcrafted details include interior adobe walls, custom arched doors, wood ceilings, kiva fireplaces and gallery-like hallways. The remodeled kitchen opens directly to exceptional outdoor living with covered patio, a heated swimming pool and outdoor fireplace. Multiple living and dining spaces offer room to gather, while a private office/nursery with its own kiva fireplace adjoins the primary suite. Horse-ready grounds include a barn, training areas, cross fencing and room to roam, with no HOA. A gated entrance, detached 3-car garage and generous RV/vehicle parking complete the property. Peaceful and private, yet remarkably convenient to I-40, I-25 and the heart of Albuquerque.

1718 Avenida Las Campanas Nw, Los Ranchos

$2,200,000

4 Beds ⋅ 6 Baths

Discover unparalleled luxury and serene living in the exclusive Tinnin Farms community of Los Ranchos de Albuquerque. This exceptional 7,166-square-foot estate epitomizes the elegance and warmth of Santa Fe style, boasting incredible curb appeal and a magnificent presence in this verdant locale. The Santa Fe style is on display throughout the home, with iconic architectural details including rustic wood beam ceilings, classic diamond plaster walls and stained concrete floors with radiant heat that add a durable and stylish touch. The chef's kitchen features top-of-the-line amenities designed for both casual family meals and high-end entertaining.

1623 Francisca Rd Nw, Los Ranchos

$850,000

5 Beds ⋅ 3 Baths

Welcome to your North Valley retreat! NEW Roof- Refrigerated Air - Furnace - Hot Water Heater - Upgraded Electrical Panel. This charming 2-story home sits on nearly an acre in the heart of Los Ranchos and offers 5 bedrooms, a basement, and plenty of space to grow. With a private irrigation well, MRGCD ditch access, and room for horses or gardens, it's the perfect place to enjoy country living close to the city. An oversized garage and storage shed add extra convenience. Just minutes from the quaint shops and beloved spots of the Village of Los Ranchos, this home is a wonderful opportunity to create the cozy haven you've been dreaming of.

800 Pueblo Solano Rd Nw, Los Ranchos

$1,299,000

4 Beds ⋅ 3 Baths

This beautifully renovated 3,704 sqft home offers 4 bedrooms plus an office, 3 baths, with a spacious primary suite PLUS a junior primary suite on a generous 1.42-acre lot -- located in the highly sought-after Village of Los Ranchos de Albuquerque, directly across from Casa Rondeña Winery. Major recent upgrades include new stucco, a new TPO roof, a new refrigerated air system, and a fully remodeled interior -- plus the peace of mind of no aluminum wiring -- making this a rare turnkey opportunity in one of New Mexico's treasured neighborhoods. The property also boasts an attached 2-car garage plus an additional detached 2-car garage with a workshop. Residents of El Caballero also enjoy access to a private neighborhood park and a security house. The remodeled interior features a large open kitchen with custom cabinetry, quartz countertops, Forno appliances, ample counter space, and island seating. Two fireplaces warm two separate living spaces, and skylights illuminate the formal dining area. The spacious primary suite includes its own private patio, along with an en-suite bath featuring a walk-in closet, double sinks, a standalone tub, and a custom shower surround, all bathed in natural light. The junior primary suite is perfect for guests or multi-generational living. Outside, a charming courtyard filled with flowers and plants welcomes you home, while apple and nectarine trees add to the property's park-like feel. An irrigation well is also on hand, ideal for maintaining the landscaping on this expansive lot.

1105 Salamanca St Nw, Los Ranchos

$1,800,000

5 Beds ⋅ 3 Baths

INCREDIBLE BUYER INCENTIVE! Seller is offering a generous $50,000 credit with an acceptable offer! Set in one of the most coveted North Valley locations, this one-of-a-kind residence seamlessly blends serene privacy with city convenience, offering an elevated lifestyle enhanced by thoughtful design and recent upgrades throughout. Enter through striking custom blue doors into a grand foyer and staircase that set the tone for the home's distinctive character. Authentic adobe-style walls frame the formal dining room, while the country-inspired kitchen invites connection with a charming breakfast nook--an ideal setting for intimate gatherings or elegant entertaining. Saltillo tile flows throughout the home, complemented by fresh interior and exterior paint that enhances the residence's warm and sophisticated aesthetic. The primary suite is a private sanctuary, featuring dramatic double-door entry, an expansive walk-in closet, and access to a private balcony overlooking the Bosque Trail area. An upstairs secondary bedroom also offers access to its own outdoor balcony. Additional interior features include a dedicated executive office and private fitness studio, along with a newer heat and A/C combo unit for year-round comfort and efficiency. A recently installed, owned water softener adds to the home's modern conveniences. Outdoors, the property offers a resort-style setting with a concrete patio installed by Leisure Pools, a pool, hot tub, and bar area designed for outdoor enjoyment. The exterior has been updated with new stucco and a Propanel roof, both completed within the last two years. Enhancing the property's versatility is a detached casita featuring a living room, kitchen, bedroom, and bathroom. Recently refreshed with new exterior stucco, this space has been utilized as a rental in the past. The current occupant has expressed interest in remaining, subject to buyer approval and applicable agreements. Buyers are advised to verify zoning, rental use, and occupancy terms to their satisfaction. The property is located near the river with access to the Bosque Trail and may offer views of hot air balloons during the annual Balloon Fiesta, depending on conditions. This distinctive North Valley property offers flexible living spaces, outdoor amenities, and a desirable location.

7431 Rio Grande Blvd Nw, Los Ranchos

$585,000

3 Beds ⋅ 3 Baths

Discover the exceptional possibilities of 712 Green Valley, a custom home situated on an extra-large lot with the space, flexibility, and thoughtful improvements to accommodate a wide variety of lifestyles. From the moment you enter, the home's inviting layout and adaptable spaces make it easy to envision comfortable everyday living, entertaining, hobbies, and future needs. The kitchen and dining room have been opened up to create a more connected, spacious gathering area. The former utility room was also incorporated into the redesigned layout, enhancing the home's flow and functionality. New cabinets have been installed throughout the kitchen, with the exception of the sink wall, providing refreshed storage and an updated appearance. Numerous improvements add to the home's comfort and efficiency, including a new heater and tankless water heater serving the center of the home. The expanded west wing offers an impressive collection of additional spaces, including a walk-in closet, laundry room, heater room, full bathroom, closet, and dressing area. The converted garage bedroom provides even more living flexibility and features its own walk-in closet, making it suitable for guests, extended household members, or a private retreat. Additional living areas include a comfortable den, a versatile Flex Room, and an insulated covered porch that can be enjoyed throughout the year. A deck provides another place to relax or gather outdoors, while the extra-large lot offers room to make the property your own. New flooring adds a clean, refreshed feel throughout the home. Storage and workspace options are plentiful. The west shed features electricity and finished walls, offering potential for a workshop, hobby area, or organized storage. The east Tuff Shed provides excellent additional storage for tools, equipment, seasonal items, and more. There is even room for chickens, adding to the property's unique appeal and flexibility. With its custom layout, expansive lot, numerous bonus spaces, updated systems, and abundant storage, 712 Green Valley is a one-of-a-kind property ready to adapt to your lifestyle.

712 Green Valley Rd Nw, Los Ranchos

8531 Rio Grande Blvd Nw Unit n/a, Los Ranchos

$789,000

OWNER FINANCING AVAILABLE! You may never see acreage at this price in Los Ranchos again. 2.7 acres with mountain views! MRGCD surface irrigation rights. Mature treeline, lush, green & ready for your vision. Horse arena with riding mirrors. Enjoy direct access to the Bosque trails & ditch trails--ideal for hiking, fishing, biking & horseback riding. This is your chance to create an extraordinary living experience at 8531 Rio Grande NW. Buyer to complete its own due diligence regarding the property and utilities.

8531 Rio Grande Blvd Nw Unit n/a, Los Ranchos

$650,000

5 Beds ⋅ 5 Baths

Rare opportunity in the coveted Los Ranchos neighborhood! Situated on over 0.75 acres, this sprawling property features a 3,874 sq ft main house plus a separate 923 sq ft casita. Inside, you'll find classic red brick floors and a spacious layout with large gathering areas designed for entertaining. While the home is ready for a thoughtful renovation, the potential to create a custom masterpiece in the North Valley is immense. The grounds include a 2-car carport, abundant outdoor storage, and a prime location near Los Ranchos Elementary. This is a must-see for those who value space and character. It is an incredible canvas for a visionary buyer ready to reimagine these historic bones and make the space uniquely their own.

509 Chamiso Ln Nw, Los Ranchos

$1,699,000

4 Beds ⋅ 4 Baths

Nestled at the end of a picturesque tree-lined lane in the heart of Los Ranchos de Albuquerque, this custom estate sits on 1.5 acres with MRGCD irrigation rights. Home is 3,521sf and features 3 upstairs ensuite bedrooms, a main-level bedroom with adjacent guest bath, two living areas, wood flooring, formal dining, office/ or sitting area, gorgeous kitchen with high end appliances, wet bar w/ice maker. Nice 3 car garage which has custom built in cabinets, soft water system. The barn includes a 1024sf ADU which was added in 1993 and has a large BR, 3/4BA, kitchen, living area, W/D hookups and two private balconies! It's ideal for guests, multigenerational living, or rental potential! New septic system installed for the ADU. New windows and doors recently installed in the ADU. Barn also has a heated area for chicken coop and also abundant storage and a 1/4 bath! Above ground Swim Spa stays! Automatic electric gate entry! Enjoy privacy, mature trees, and direct access to the nearby Bosque and scenic walking trails in one of Los Ranchos' most desirable locations!

7437 Rio Grande Blvd Nw, Los Ranchos

$1,625,000

4 Beds ⋅ 4 Baths

Seller now offers a $50k concession that may be applied toward a 2-1 buydown, permanent rate buydown, flex cash, closing costs and/or prepaids! Under Construction expected completion - end of Aug 2026. Experience the pinnacle of luxury living in the heart of Los Ranchos. This stunning newly constructed 4-bedroom, 2,890 sq. ft. contemporary home showcases impeccable craftsmanship, soaring ceilings, and a light-filled open design. Striking chevron-pattern wood plank tile flooring sets the tone, while the chef's kitchen impresses with a premium Monogram appliance suite and upscale finishes, flowing effortlessly into expansive living and dining spaces designed for entertaining. Step outside to a 565 sq. ft. covered patio, perfect for seamless indoor-outdoor living. Car enthusiasts and adventur

420 Bledsoe Rd Nw, Los Ranchos

$220,000

2 Beds ⋅ 2 Baths

Exceptional opportunity in the highly desirable Los Ranchos area! This property is being sold AS-IS and will require renovation and repairs, making it ideal for investors, contractors, or buyers looking for their next project. Bring your vision and restore this property to its full potential. Excellent location with convenient access to local amenities, walking trails, dining, and all that Los Ranchos has to offer.

828 Ranchitos Rd Nw, Los Ranchos

$675,000

3 Beds ⋅ 3 Baths

North Valley living at its best! Located at the end of a quiet cul-de-sac in the heart of Los Ranchos, this thoughtfully updated home offers two primary bedroom suites - one on main floor and one upstairs, and a beautifully open and functional floor plan. Kitchen has brand new appliances, quartz counters with a breakfast bar and pantry. Great room features raised ceiling, dramatic panel wall, and natural light streaming through clerestory windows. A finished sunroom offers additional space for workout or home office. Tranquil Main floor primary faces rear yard includes huge walk-in closet and the bath features double sinks, vessel tub, and walk-in shower with glass block accents. Upstairs find one bedroom which is the second primary suite. Generous closets with stylish barn doors. Freshly painted with Neutral vinyl plank flooring everywhere but bedrooms. Oversized 3 car garage with room for workshop. Yard has space around you for privacy and is low maintenance. Short distance to the Casa Rodena, the weekend growers market, tennis courts, and miles of acequia trails.

6425 Guadalupe Pl Nw, Los Ranchos

$11,950,000

8 Beds ⋅ 9 Baths

This one of a kind property in the North Valley of Los Ranchos de Albuquerque offers a unique opportunity to own a piece of history and luxury in a picturesque setting. This original 1850s ranch, located in Los Ranchos de Albuquerque, spans over 8 acres of beautifully landscaped yards, adorned with 100-year-old trees. The property also boasts 2 acres of vineyard, producing award-winning grapes for world-class wines. Rare 1906 water rights on the property, but also the connivence of city water to the house. The main house, constructed around the original 19th century ranch house, with over 9000 square feet of Double Adobe, exudes timeless elegance. Its hand-carved wood doors, massive carved wood beams, and soaring ceilings reflect the craftsmanship of a bygone era. The attention to detail is evident in the hand-painted ceiling of the piano room and the dedicated wine room. A Bell tower greets you at the main entrance, with an antique bell and massive carved wood doors. Step back in time as you stroll through the portal with hand carved doors and tapered wood pillars leading to the open patio and garden area. For those who appreciate outdoor activities, the property features one of the only clay tennis courts in New Mexico, offering a unique recreational opportunity. Additionally, a spacious 4-car garage with a workshop, remodeled greenhouse provides ample space for hobbies and storage. A 670sf Casita or Bonus room constructed with the same detail as the main house awaits your vision. A duplex with bedrooms, full baths, fireplaces, sit on top of the 4 car garage with mountain views and private entrances, a very inviting living space for your guests. This property is not just a home; it's a testament to history, craftsmanship, and luxury living. It offers a rare combination of natural beauty, historical significance, and modern amenities. Whether you're drawn to the allure of winemaking or seeking a serene retreat in a stunning landscape, this property presents an exceptional opportunity for discerning buyers.

7011 Rio Grande Blvd Nw, Los Ranchos

520 Sandia View Rd Nw Unit N/A, Los Ranchos

$1,500,000

RARE 2.75-ACRE LOS RANCHOS DEVELOPMENT OPPORTUNITY | CONCEPTUAL 35-TOWNHOME PLAN | $1,500,000 Exceptional opportunity to acquire approximately 2.75 acres near the heart of the Village of Los Ranchos de Albuquerque, one of the Albuquerque area's most desirable and supply-constrained communities. Offered at $1,500,000, the property presents a compelling opportunity for a homebuilder, build-to-rent developer, multifamily investor, or development group seeking a well-located residential project in the North Valley. The property currently consists of approximately 2.0 acres of commercially zoned land and 0.75 acres of R-2 residential land. A conceptual development plan has been prepared illustrating the potential for a 35-unit, two-story townhome community, subject to all required zoning, entitlement and governmental approvals. The concept contemplates pursuing appropriate zoning for the smaller R-2 portion to create a cohesive development consistent with the larger parcel and surrounding Village character. CONCEPTUAL DEVELOPMENT PROGRAM The preliminary concept includes: 35 total townhomes 25 two-bedroom residences 10 three-bedroom residences Two-story construction Private garages Private backyards Outdoor patios Attractive contemporary Southwestern/Village-inspired architecture Landscaped common areas and residential streetscape The design provides flexibility for either a build-to-sell or build-to-rent strategy, allowing a developer to pursue the exit that best fits its investment objectives and market conditions. COMPELLING DEVELOPMENT ECONOMICS At the $1,500,000 offering price, the land basis equates to approximately: $42,857 per conceptual townhome Based on preliminary ownership assumptions, completed townhomes could potentially support values of approximately $400,000 per residence, representing approximately $14,000,000 in potential gross residential sellout across 35 units. Alternatively, at an illustrative average rent of approximately $2,800 per month, the completed community could generate approximately $98,000 in monthly gross residential rent, or $1,176,000 annually, before vacancy, concessions, operating expenses and other costs. These figures are preliminary estimates only and are provided to illustrate potential development strategies. Buyers should independently verify achievable density, zoning, construction costs, rents, sales values and project economics. LOS RANCHOS LOCATION The property benefits from a location near the Los Ranchos Village Center, offering the character and desirability of the North Valley while maintaining convenient access to the greater Albuquerque metropolitan area. Los Ranchos continues to attract investment centered around thoughtful, Village-style development and offers a distinctive environment characterized by established neighborhoods, mature landscaping, local businesses and a highly desirable residential setting. The location provides convenient access to both the east and west sides of Albuquerque, making it well positioned for residents seeking a quieter residential environment without sacrificing connectivity to employment, shopping, dining and other major destinations. DEVELOPMENT INFRASTRUCTURE An important advantage for prospective developers is the availability of major utilities at the property, including: Water Sewer Natural gas Electric Conceptual planning and development materials are available to qualified prospective purchasers, including applicable site-planning, architectural and supporting due-diligence materials currently available to ownership. MULTIPLE POTENTIAL EXIT STRATEGIES Build-to-Sell: Develop the community as individually marketed townhomes targeting buyers seeking newer construction within the highly desirable Los Ranchos/North Valley market. Build-to-Rent: Retain the 35 residences as a professionally managed rental community, combining the privacy, garage parking and outdoor space of a single-family residence with the operating efficiencies of a concentrated rental development. Phased or Hybrid Strategy: Subject to final subdivision, condominium structure and approvals, a developer may also evaluate retaining a portion of the community while selling individual residences or phases. A RARE NORTH VALLEY DEVELOPMENT OPPORTUNITY Large development parcels in desirable, established areas are increasingly difficult to assemble. This offering provides an investor or developer the opportunity to acquire 2.75 contiguous acres, major utilities available at the property, and an existing conceptual vision for a 35-residence community near the center of Los Ranchos. Offering Price: $1,500,000 Approximate Site Area: 2.75 Acres Conceptual Residential Yield: 35 Townhomes Approximate Land Basis: $42,857 per Conceptual Unit Conceptual For-Sale Gross Sellout at $400,000/Unit: $14,000,000 Illustrative Gross Rental Revenue at $2,800/Unit: $98,000/Month | $1,176,000/Year All development concepts, unit counts, zoning changes, rents, sales prices and financial projections are conceptual and subject to buyer verification and applicable governmental approvals.

520 Sandia View Rd Nw Unit N/A, Los Ranchos

$739,000

Rare North Valley income-producing opportunity near Los Ranchos! This unique 4-unit property offers an exceptional combination of flexibility, location, and income potential on a spacious approximately 1/2-acre lot. The property features two individual 1-bedroom units plus a duplex consisting of two 2-bedroom units, providing four separate living spaces in total. All units have been updated and are in move-in condition. Three of the four units are nicely furnished, and each unit offers its own private front-yard area along with ample on-site parking. Separate electric meters for each unit provide additional convenience for ownership and management, with water being the only shared utility. Whether you're an experienced investor seeking a versatile income property, an owner-occupant looking to live in one unit while generating rental income from the others, or someone looking for a unique property with potential for furnished or vacation-rental use, this property offers a rare range of possibilities. Set in the highly desirable North Valley near Los Ranchos, this is a special opportunity that is not often available. Come explore the possibilities! Buyer to verify zoning for their use.

321 Wayne Rd Nw, Los Ranchos

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