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$349,900
1.19 ACRES OF COMMERCIAL LAND | LOS LUNAS, NM | DEVELOPMENT OPPORTUNITYLooking for commercial land in Los Lunas with room to build, invest, or position yourself for future growth?This approximately 1.19-acre commercial parcel offers an opportunity to acquire usable land in an established and growing area of Los Lunas, New Mexico.The real opportunity becomes even more interesting when you look at the property next door.The adjoining 1604 Juan Perea property is also available, creating the potential to acquire both properties as a package. Together, the two properties offer a larger development footprint and give a buyer more control over the site and its future use.At $350,000 for the commercial parcel, this property is suited for buyers looking for commercial land, development land, an investment opportunity, or a location to build a business in Los Lunas.Possible buyers include: Commercial developers Small business owners Investors Contractors Office or professional users Service businesses Retail users Owner-users looking to build Developers looking for additional land Investors interested in assembling adjacent parcelsThe location along the Juan Perea corridor gives this property an important advantage: proximity to existing residential development, commercial activity and the continued growth of the Los Lunas market.There is also an opportunity to explore the purchase of the adjoining 1604 Juan Perea property as a package. That creates a substantially different development proposition than purchasing either property independently.PACKAGE OPPORTUNITY:Commercial Parcel: $350,0001604 Juan Perea: $550,000Combined Asking Price: $900,000For the right buyer, purchasing both properties together provides additional land, greater control over the site and more flexibility when evaluating a larger development concept.This is not a property where the value should be viewed solely by looking at the dirt today. The value is in the location, the surrounding development, the ability to assemble adjacent property and the long-term potential of the Los Lunas market.Bring your development concept and perform your due diligence.Buyer to independently verify zoning, permitted uses, utilities, access, dimensions, development requirements, subdivision potential and all other information with the appropriate governmental agencies.If you have been searching for:'commercial land for sale in Los Lunas''commercial property in Los Lunas NM''1 acre commercial lot Los Lunas''development land Valencia County''commercial development opportunity near Albuquerque'or 'commercial property with additional adjoining land'this property deserves a closer look.

1602 Juan Perea, Los Lunas

$795,000
2 Beds 3 Baths
Opportunity awaits on 1.06 acres in desirable Los Ranchos! This 2-bedroom home offers the potential for up to 4 bedrooms, giving you the flexibility to reimagine the space to fit your needs. Originally built in 1930 with an addition in the 1980s, the home features partial adobe construction, providing natural thermal mass that can help maintain comfortable indoor temperatures year-round. A fireplace adds warmth and character to the living space. The property also includes a one-car garage with workshop space and a separate storage shed. Set back from Rio Grande Blvd, this fixer-upper offers room to renovate, restore, and create something truly special while preserving the character of an established North Valley property. Bring your vision and explore the possibilities this 1.06-acre Los Ranchos property has to offer.

8901 Rio Grande Boulevard NW, Rio Rancho

$810,000
3 Beds 3 Baths
Experience the beauty of New Mexico living at 27 Homestead Ln, a stunning Territorial-style home situated on 4.37 private acres in Placitas with breathtaking views from both the front and back of the property. Rich Southwestern character is showcased throughout with Saltillo tile floors, abundant natural light, and a custom wood-burning fireplace anchoring the spacious open living area. The beautifully remodeled kitchen features granite countertops, custom cabinetry, and premium appliances, including a Wolf range and oven. A generous library/media room and additional office provide flexible spaces for working from home, hobbies, entertaining, or relaxing. Outdoor living is equally impressive with a spacious tiled patio, new built-in grill, and traditional outdoor kiva fireplace--the perfect setting to enjoy Placitas sunsets, mountain views, and star-filled New Mexico evenings. Equestrian enthusiasts will appreciate the horse-ready setup featuring a 3-stall barn with utilities, tack rooms, arena, and turnout area, along with convenient access to Cibola National Forest and nearby open space. Recent improvements include a new roof, fresh stucco, and septic improvements completed in 2024. Offering privacy, serenity, incredible scenery, and authentic Southwestern charm, this exceptional Placitas property captures the very best of New Mexico living.

27 Homestead Lane, Placitas

$374,900
3 Beds 3 Baths
Great Opportunity in Northwest Albuquerque! Welcome to this inviting 3-bedroom, 2.5-bath home tucked away at the end of a cul-de-sac, offering added privacy and a peaceful setting. With a functional open floor plan and plenty of potential, this home is ready for your personal touches to make it truly your own. The versatile loft provides additional living space and could easily be transformed into a TV area, study, playroom, or home office. The open-concept main living areas create a welcoming atmosphere, while the nicely sized backyard offers a great space for entertaining, relaxing, or enjoying the outdoors. Additional features include refrigerated air, tile flooring in many areas, and convenient access to shopping, dining, and major highways. Located in a desirable Northwest Albuquerque neighborhood, this home offers a fantastic opportunity at an attractive value. Come take a look and imagine the possibilities!

4844 Stafford Place NW, Albuquerque

$345,000
4 Beds 2 Baths
Welcome to this beautifully maintained D.R. Horton home in the desirable Las Terrazas community! This spacious 4-bedroom, 2-bath home features an inviting open-concept floor plan perfect for comfortable living and entertaining.The kitchen offers granite countertops, rich cabinetry, tile backsplash, appliances, pantry storage, and a large island. Extended tile flooring flows through the kitchen, dining, and other areas throughout the home. The spacious great room provides plenty of room to gather, while the split-bedroom layout offers added privacy. The primary suite features a walk-in closet, with three additional bedrooms offering flexibility for family, guests, an office, or hobbies.Large windows bring in natural light, and the covered patio is perfect for enjoying the New Mexico outdoors. Additional features include low-maintenance landscaping, a 2-car garage, and solar panels to be paid off by the seller at closing.Enjoy an HOA park, easy freeway access, and nearby shopping, dining, and everyday amenities. A great combination of space, functionality, energy efficiency, and location!

1841 Valle Vista Road NW, Los Lunas

$325,000
3 Beds 2 Baths
Discover the charm of peaceful living on 1.13 acres in a well-kept neighborhood with covenants. Lovingly cared for, this inviting home offers a large, shady porch perfect for relaxing and enjoying the quiet surroundings. Inside, a gas fireplace creates a warm and welcoming atmosphere, while new luxury vinyl flooring in the kitchen and baths adds a fresh, stylish touch. The fenced back portion of the property offers space for pets, horses, gardening, or outdoor enjoyment, and two sheds provide excellent storage. A 2-year-old septic system adds peace of mind. Conveniently located with easy access to I-40, enjoy a relaxed lifestyle with an easy commute to either Santa Fe or Albuquerque. A wonderful opportunity to own this well-cared-for home that is ready for your personal touches!

15 Fence Post Drive, Moriarty

$340,000
3 Beds 3 Baths
Fresh air, open space, and a completely renovated home come together at 18 Brent Drive in Edgewood, NM. Set on two acres, this 1,792 sq ft manufactured home offers three bedrooms and 2.5 baths on a permanent foundation. A covered front porch, back deck and screened porch off the den expand the living areas to the exterior, while the kitchen has been updated with new cabinets, granite countertops, and a practical layout. Wood-look tile adds a durable finish throughout the living areas. The primary suite, conveniently located on the opposite end of the home from the other bedrooms, features beautifully updated dual sinks, a separate tub, and a separate shower. Major improvements include a new metal roof, new 3-ton Rheem heat/cool system with refrigerated air, new water heater, completely re-plumbed and insulated water supply lines underneath, and an owned water softener system. The home is all electric with no propane, and reinforced blocking is in place for TV mounts. A wood-burning fireplace provides a cozy focal point in the second living space, and all appliances convey with the sale. Outside, three sheds provide additional storage, while the fully fenced two-acre parcel offers room for future improvements. Plenty of space for RVs, trailers, etc. Horses are permitted, although there are currently no horse facilities on the property. With no HOA and an easy commute to Albuquerque, this Edgewood property offers updated living space, usable acreage, and flexibility for what comes next.

18 Brent Drive, Edgewood

$334,500
3 Beds 3 Baths
Welcome to 121 Princeton SE. One of the lowest $/SF offerings in the UNM multi-family submarket, this property offers a unique and updated 2 house compound just 1 block to UNM, great local shopping, entertainment, breweries, & restaurants.The MAIN HOUSE lives larger than its 1,440 SF - with a giant living room, a lovely sun room, a studio space ideal for projects or an at home office (with separate entry off driveway), and one of the best private mastersuites we've seen in the neighborhood. It also includes a semi-finished 240 SF basement, a 168 SF enclosed sunroom, and a 170 SF finished hobby, workshop, or storage space (none of which areincluded in the heated SF). Residents also love the long driveway with plenty of off-street parking, private yard, and a flexible floor plan with 3 bedrooms, a laundry / utility room with washer / dryer hook ups, as well as the built-ins, great natural light, vintage fixtures, and original casework. Meanwhile, the 540 SF CASITA also features a private driveway with gated entry to a large yard, adobe wall, and a flexible open floor plan w/ a full-size kitchen, a stacked washer / dryer in the apartment w/ updated fixtures and luxury vinyl plank flooring throughout.

121 Princeton Drive SE, Albuquerque

$430,000
3 Beds 2 Baths
Classic Southwest living with timeless character, thoughtful updates, and an abundance of natural light. This charming 3-bedroom home offers 1 full bath plus a 3/4 bath and blends partial adobe construction, earthen plaster walls, Saltillo tile, and artistic details throughout. The living room is a true focal point, featuring floor-to-ceiling windows, passive solar warmth in winter, indirect summer light, and a soapstone wood stove for cozy evenings. In-floor radiant heat and wall heaters provide additional comfort. The custom primary bedroom features earthen plaster walls with straw fleck and artistic inlays, while the custom primary bathroom offers a classic clawfoot tub. The stunning back office is filled with natural light and provides an inspiring work-from-home setting. An indoor aviary with hose bib and floor drain adds a unique touch. Recent improvements include a dishwasher, disposer, luxury lighting and fan package featuring solid bronze, brass, and alabaster fixtures valued at approximately $12,000. Motorized shades have been added in the bedroom loft. The roof was resealed and screws replaced approximately two years ago. A tankless Rheem water heater and washer/dryer add everyday convenience. Step outside to a quiet, private, green yard filled with birds and mature plantings. The yard includes three Santa Fe apricot trees, Chinese date, Asian pear, currant bush, wild plums, juneberries, sand cherries, grapes, and more. Ditch access provides spring and summer irrigation. Per seller, the property has surface irrigation rights. Multiple portals create inviting spaces for enjoying the outdoors, and a nearby walking path along the irrigation ditches allows peaceful access to Rio Grande Bosque. Detached one-car garage has power. A truly special custom home offering character, comfort, privacy, natural beauty, and an authentic Southwest lifestyle.

1511 San Lorenzo Avenue NW, Albuquerque

$140,000
3 Beds 2 Baths
Delightful, impeccable, and very well kept home. Refrigerated A/C. Private, peaceful and serene side & backyard with garden and lush green grass with stunning, unobstructed views from east to west. Newer roof. Upgraded, perfectly kept, clean, plush, carpeting in bedrooms and living area. Nice vinyl in kitchen & baths. Generously sized open Living area and Primary Bedroom suite. Ample closet space. Excellent & convenient location in Four Hills Community with many amenities. Close access to I-40, shopping and restaurants. Potential buyers must apply and obtain approval with Four Hills Management prior to purchase for lot space rent. Current lot rent subject to increase upon new home owner, verify new amount with community management.

11638 Wild Horse Trail SE, Albuquerque

$55,000
1 Beds 1 Baths
Top-floor 1-bedroom, 1-bath condo in the gated Tres Caminos community offering 582 square feet and plenty of potential for the next owner. This second-story unit features a functional floor plan, abundant natural light, refrigerated central air, gas range, and a private balcony overlooking the community pool area. The property is ready for renovation and personalization, making it a great opportunity for an investor or buyer looking to create an affordable home of their own. Community amenities include an on-site laundry facility, common-area maintenance, exterior building maintenance, and front landscaping. Buyer to verify current HOA inclusions and community amenities. Conveniently located near shopping, dining, parks, Albuquerque International Sunport, Kirtland Air Force Base, the VA Hospital, and Sandia National Laboratories. Cash-only complex. Property is being sold As-Is.

1025 Valencia Drive SE Unit APT 16, Albuquerque

$680,000
4 Beds 3 Baths
RARE FIND! Custom-built in 2015, this 3,000-square-foot, 4-bedroom home offers newer construction, a huge .37-acre lot, backyard access, covered RV parking, an oversized garage, and solar panels that will be paid off by the seller at closing. Built to Build Green NM Gold standards, this home is considerably newer than many surrounding properties and has been exceptionally well maintained.Step inside to soaring ceilings, an open and spacious floor plan, and a gas fireplace that anchors the main living area. The kitchen features granite countertops, stainless steel appliances, generous workspace, and plenty of storage. Refrigerated A/C keeps the home comfortable during Albuquerque summers. Fresh interior paint and new carpet in the bedrooms make this home truly move-in ready.Outside, the large .37-acre lot provides plenty of room to enjoy. Backyard access leads to substantial covered RV parking with space for an RV, trailer, boat, or other toys. A huge covered backyard patio creates an outstanding outdoor living space for grilling, entertaining, relaxing, and enjoying time with family and friends.The oversized garage is another major bonus, offering exceptional room for the hobbyist, workshop, projects, storage, or recreational equipment.Custom construction, newer age, excellent condition, paid-off solar at closing, RV parking, backyard access, an oversized garage, and a large lot make 423 Cenaroca NE a standout Albuquerque property. This is one you don't want to miss!

423 Cenaroca Court NE, Albuquerque

$425,000
4 Beds 3 Baths
Welcome to 5400 Sicily NW! This beautiful West Side Albuquerque home offers stunning views of the Sandia Mountains, which can be enjoyed from the second-floor deck stretching from the primary bedroom to one of the home's additional three bedrooms. The lower-level overhang also provides additional covered outdoor space to enjoy. With 4 bedrooms and 2,477 square feet of living space, this home offers plenty of room for a family to live, relax, and grow. The home sits on a desirable corner lot with a large backyard, providing plenty of outdoor space to enjoy. The kitchen has been fully remodeled, creating a fresh and updated space for cooking and entertaining. All of the home's windows have also been replaced within the last month. With spacious living areas, thoughtful storage, a remodeled kitchen, new windows, refrigerated air, a large backyard, and beautiful Sandia Mountain views, this home offers comfort and convenience in a great West Side location. Schedule your private showing today and come see all that 5400 Sicily NW has to offer!

5400 Sicily Road NW, Albuquerque

$119,900
3 Beds 2 Baths
Welcome to this beautifully updated home in Albuquerque Meadows! Thoughtfully improved inside and out, this home offers a comfortable, low-maintenance lifestyle with upgrades you can appreciate from day one.Inside, you'll find luxury vinyl plank flooring and updated baseboards throughout, fresh interior paint, stainless-steel appliances, a large stainless-steel kitchen sink, and freshly painted cabinetry. The primary bedroom features a custom closet system, while the primary bath has been upgraded with a Bath Fitter walk-in shower. Additional touches include 2-inch wood blinds, updated lever-style door handles, and rocker-style light switches throughout.Major updates include a newer HVAC system with electrical upgrades, a roof replaced in 2023, and a dishwasher replaced in 2024--taking care of some of the big-ticket items for the next owner.Outside, enjoy a low-maintenance turf yard, covered patio/deck area, and two storage sheds. The fully fenced yard is perfect for a small dog and even includes a dog door and ramp from the patio/deck. One shed has been reinforced with plywood interior walls for convenient tool and equipment storage.This home has been incredibly well cared for and thoughtfully upgraded over the past several years. Come see everything it has to offer in Albuquerque Meadows!

7112 Pan American East NE Unit UNIT 70, Albuquerque

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.