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$1,249,000
1094602 MLS
Property is approved for Residential Financing if buyer qualifies! Step back in time to this historic Route 66 ranch-style 1940 home on 10.7 acres-first built on a 200-acre Tres Pistoles Canyon homestead amid granite boulders with historic visitors! A rare investment opportunity with 7 beds, 6 baths, 8,134 sq ft. Main house + 2 casitas, each with their own entry, private driveway, and beautiful courtyards! Breathtaking Sandia views & easy National Forest hiking access make you feel worlds away--yet minutes from I-40's Tramway/Central exit. Historical charm includes original kitchen cabinets, classic bathtubs/showers, flooring, rock fireplaces, wrought-iron porches, & built-in BBQ pits. Main floor has koi pond & privacy fence; lower back has shade trees.

24 Matisse Road NE, Albuquerque

Listing courtesy of Anne M Vallejos from Keller Williams Realty
$1,250,000
1085412 MLS
Rare opportunity on the North side of prestigious Elena Drive! These two already-subdivided lots, each .78 acres, total 1.56 acres and back directly to the Sandia Pueblo buffalo preserve, offering exceptional privacy and unobstructed views of the Sandia Mountains and Albuquerque city lights. Sold As-Is, the property presents an excellent opportunity for a full tear-down and custom build in one of North Albuquerque Acres' most coveted locations. The lot includes an existing structure-making conventional financing a breeze. Live in the existing home while building your dream estate on the adjacent lot, or create a luxurious compound in one of Albuquerque's most coveted locations.

12519 ELENA Drive NE, Albuquerque

Listing courtesy of Dominic Serna from Keller Williams Realty
$1,249,000
7 Beds ⋅ 6 Baths ⋅ 1094511 MLS
Property is approved for Residential Financing if buyer qualifies! Step back in time to this historic Route 66 ranch-style 1940 home on 10.7 acres-first built on a 200-acre Tres Pistoles Canyon homestead amid granite boulders with historic visitors! A rare investment opportunity with 7 beds, 6 baths, 8,134 sq ft. Main house + 2 casitas, each with their own entry, private driveway, and beautiful courtyards! Breathtaking Sandia views & easy National Forest hiking access make you feel worlds away--yet minutes from I-40's Tramway/Central exit. Historical charm includes original kitchen cabinets, classic bathtubs/showers, flooring, rock fireplaces, wrought-iron porches, & built-in BBQ pits. Main floor has koi pond & privacy fence; lower back has shade trees.

24 Matisse Road NE, Albuquerque

Listing courtesy of Anne M Vallejos from Keller Williams Realty
$1,500,000
1094373 MLS
This property has an excellent location and lease history. It is currently leased by The Whole Hog Cafe and Oasis dispensary. The parking lot was recently resurfaced and is in great shape.

9880 Montgomery Boulevard NE, Albuquerque

Listing courtesy of Donald Lee Slack from Coldwell Banker Legacy
$1,250,000
1090534 MLS

8700 BATES Road SE, Albuquerque

Listing courtesy of Leonel Munoz from Regal Real Estate Experts
$1,000,000
7 Beds ⋅ 4 Baths ⋅ 1087921 MLS
Well kept property that has been in the same family for over 100 years. Call Listing agent for showing. Must give 48 hrs notice.

313 Iron Avenue SW, Albuquerque

Listing courtesy of Timothy R Luten from Sperry Van Ness/WACB, Inc.
$1,500,000
1087855 MLS
Located in a high-visibility area near Costco and Cottonwood Mall, this vacant parcel offers a golden opportunity for investors and entrepreneurs. Ideal for building storage units, a car wash, or other commercial developments, with easy access to major roads and utilities nearby. Surrounded by new growth and established businesses, this lot is perfectly positioned to capitalize on Albuquerque's expanding northwest corridor. Don't miss your chance to build your vision from the ground up in one of the city's most promising commercial zones!

EAGLE RANCH Road NW, Albuquerque

Listing courtesy of Tahir Gauba from MORE Realty, Inc
$1,050,000
1085259 MLS
High Traffic count & on Hard corner, perfect for Medical Complex, pad site(s) and/or commercial center. Centered among heavy residential communities commercial sites are limited. Close proximity to retail, dining, Walmart, Direct access off of Unser Blvd., Utilities run to the site, Site is level and development ready. Flexible MX-L IDO Zoning allows for a variety of uses. Lot is Sub-dividable if desired.

Sage Road SW, Albuquerque

Listing courtesy of Santiago Aceves from Elevate New Mexico Realty
$1,200,000
1083191 MLS
Owner Financing Available - Presenting 5 acres of development-ready land, comprised of five individually plotted lots, located at the intersection of Sage Rd and 90th St. This level site is fully equipped with utilities at the street ( Buyer to Verify ) Zoned R-T (Residential - Townhouse), the property is ideally suited for apartment complexes, townhouses, or other high-demand residential projects.Located in Albuquerque's rapidly expanding southwest corridor, this area is widely recognized as an underserved rental market, where demand continues to outpace supply. With steady population growth and limited available rental housing, this site presents a rare chance to capitalize on the strong need for quality housing in this emerging market

Sage & 90th Street Street SW, Albuquerque

Listing courtesy of Tyler M Pete from EXP Realty LLC
$1,420,000
4 Beds ⋅ 5 Baths ⋅ 1072451 MLS
Under construction with an estimated start at the end of August 2026, this custom luxury home in the heart of Los Ranchos offers an extraordinary blend of elegance, thoughtful design, and timeless craftsmanship. Spanning over 6,200 square feet, this architectural masterpiece is tailored for elevated living, multigenerational comfort, and seamless indoor-outdoor entertaining. From the grand entry tower and central courtyard to the expansive covered porches and elevated Trex deck, every detail has been intentionally curated. At the heart of the home, the soaring family room with 14-foot ceilings is anchored by a sleek linear fireplace and flanked by four retractable glass sliders that open to the outdoors, creating a fluid connection between interior and exterior spaces.

126 Los Ranchos Road NW Unit Lot 4, Albuquerque

Listing courtesy of Silesha Montano Naden from LPT Realty
$1,390,000
1072123 MLS
The current owner has plans for 100 Multi-family units on the site, with first floor parking, including a roof top deck amenity. The property is conveniently located directly west of the planned $70M Rail Trail, south of the Alvarado Transportation Hub, just southwest of the ABQ Innovation district, and north west of the under development NM Media Academy, and on the east side of the Central Business District.The asking price is $1,750,000, with a price per unit of $17,500, and a price per square foot of $82.33. Using price pre unit and recent comparable sales supports a value closer to $2,150,983.Subject property might qualify for the first round of $30,000,000 of financing from the NMFA Opportunity Enterprise Housing Development Fund - applications are open

517 1st Street SW, Albuquerque

Listing courtesy of Todd D Clarke from NM Apartment Advisors, Inc.
$1,200,000
1067843 MLS
CALLING ALL DEVELOPERS...An EXCELLENT OPPORTUNITY to develop this site. MRA - OPPORTUNITY ZONED - 4TH STREET SECTOR PLAN - PRT ready. Contact April to discuss ALL OPTIONS.

1916 4th Street NW, Albuquerque

Listing courtesy of April Ager from NM Real Estate Resources, Inc

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