Homes Under $500K in Albuquerque
Search homes under $500,000 in Albuquerque, New Mexico. This price range opens up move-in ready options across a wide variety of neighborhoods, styles, and sizes.
Showing 243 listings in Albuquerque. Want to refine your search? Use our Advanced Home Search to filter by price, bedrooms, features, and more.
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4 BED/3 BATH HOME IN BEAUTIFUL RIDGECREST/SOUTH UNM NEIGHBORHOOD. Spacious and functional with thoughtful updates throughout. Original hardwood floors add warmth and authenticity while the updated kitchen offers modern convenience and style. Flexible floorplan with 2.25 baths provides comfortable, light-filled living spaces ideal for both everyday living and entertaining. Huge primary suite features French doors leading to a Juliet balcony that overlooks the lush and mature backyard with multiple producing fruit trees. A lovingly maintained home ready for its next chapter. Located in one of Albuquerque's most desirable neighborhoods with easy access to UNM, Nob Hill, and local dining. Just a short stroll from iconic Ridgecrest Park.
Unique Dual-Residence Property with Extensive Commercial ParkingDiscover a one-of-a-kind opportunity that perfectly blends residential comfort with massive industrial utility. This expansive property features two attached homes and a reinforced yard capable of accommodating 5+ semi-trucks--ideal for owner-operators or savvy investors.Residence A: Features a generous open-concept layout including a kitchen, dining, and living area. Includes 2 bedrooms, 1 bathroom, a dedicated office space, a laundry room, and a 22'2'' x 12'3'' attached garage.Residence B: A secondary unit offering 2 bedrooms, 1 bathroom, and a functional kitchen/dining combo.Whether you're looking to run your business from home or generate dual rental income, this property offers unmatched versatility.
This one-of-a-kind condo is the epitome of industrial chic & contemporary cool, taking vertical living to a whole new level. Perched tantalizingly in the middle of floor 7 of the landmark Alcalde bldg, this unit by renowned ABQ architect Jon Anderson features an expansive open floorplan that is sleek, sophisticated, comfortable & livable. Inserting stainless steel, white melamine, frosted glass & clean lines into every aspect of design the residence glows almost as if from within, allowing 180-degree views to take center stage. Streamlined kitchen w/SubZero & Gaggenau; den w/wetbar & ofc; liv room w/massive windows; bedroom w/custom headboard; & jewelbox bathroom w/huge shower. Alcalde offers elevator & pool + gated/covered parking in a Downtown location next to ABQ Country Club & Bosque.
Welcome to this well-maintained home in Saltillo. This spacious floor plan features a primary suite, a large living room that flows seamlessly into the kitchen and dining area, a main-floor office, and a desirable 2 car garage. Upstairs offers a generous family room and 2 additional bedrooms with one full bathroom. All appliances convey. The backyard is thoughtfully landscaped with flagstones and trees for a low maintenance year-round outdoor retreat; and amazing views of the mountains and city.
Perched in the foothills of the Sandia Mountains in Albuquerque's sought-after Supper Rock neighborhood, this custom split-level home delivers sweeping unobstructed views!Inside, natural light pours through the expansive upper level, where an open living room, dining area, and kitchen flow out to a private balcony framed by the Sandias. Two upper-level bedrooms share a beautifully upgraded bathroom, ideal for family or guests.The lower level is a true owner's retreat: a spacious primary suite with a walk-in closet and en-suite bath, plus a versatile bonus room ready to become a nursery, home office, or creative studio, and a laundry room with abundant storage. A third level adds even more storage and a long 2 car garage.Set on a generous 0.37-acre lot on a quiet cul-de-sac, this home offers the kind of space, privacy, and mountain-backdrop living that's increasingly hard to find inside city limits. Recently reduced to $489,900, this is a rare chance to own land, views, and flexibility in one of Albuquerque's most desirable pockets.Don't just take our word for the views -- take the virtual tour and picture your evenings on that balcony.
Nearly a Century of Legacy--Unmatched Space, Views & Development Potential!For the first time in nearly 100 years, this landmark estate is available. Held by the same family for generations, this rare property offers the ideal blend of serene country living and city convenience--along with extraordinary potential for development, rental units, or office space.Situated on nearly a full acre with sweeping mountain views, this private sanctuary features a 2,100-sq-ft home offering 4 spacious bedrooms, 2 bathrooms, and two generous living areas.Incredible Versatility & Outbuildings:Development Potential: Expansive lot ideal for multi-unit rental development, professional office space, or a custom live/work compound.Outbuildings: Detached garage with carport, attached storage shed, plus a large rear metal workshop/storage building.Utilities: City water connected, plus two private wells on-site (unused recently).Whether you're looking to establish a multi-generational family retreat, build income-producing rentals, or create a unique commercial/office space, this exceptional property is ready for its next big venture.
Live Bright & Cozy in Mesa del Sol - M4! 🌞 🏡 Two-Story | 3 Bedrooms | Covered Front Porch + Extended Back Patio | SPC Flooring | Level 3 Granite Countertops | Overhead Garage Storage | Dining-Room Buffet Cabinets 🏡 Step into a home that captures New Mexico sunshine from every angle. This two-story, 3-bedroom residence in Mesa del Sol - M4 blends modern upgrades with a warm, inviting vibe--perfect for both laid-back weekends and lively get-togethers. ✨ Stand-Out Features Outdoor Living, Doubled Up - Sip coffee on the shaded front porch and host sunset dinners on the extended covered patio out back. Chef-Inspired Finishes - Level 3 granite countertops pair with buffet base cabinets in the dining room for effortless entertaining.
Step into this exceptional home in desirable Montecito Estates, complete with a tandem 3-car finished garage. This spacious residence features soaring ceilings, a formal dining area, and an open-concept kitchen that flows seamlessly into the breakfast nook and inviting living room with built-ins and a cozy fireplace. Upstairs, the elegant primary suite offers a private balcony, soaking tub, dual sinks, separate shower, and generous walk-in closet. Each bedroom includes a walk-in closet and convenient bath access. Additional highlights include central vacuum, covered flagstone porch, gazebo, built in picnic table, wood-burning kiva, lush landscaping, and access to the community pool, park, clubhouse, and scenic bike paths. Don't miss out, schedule your private tour today!
This well-cared-for 3 bedroom, 2 bath home, located in the Heritage Hills subdivision, offers comfort, value, and peace of mind. Major updates have already been taken care of, including a New roof with a 5-year transferable warranty, a New evaporative cooler, New carpet throughout, and a newer water heater and disposal. The cozy kiva fireplace adds warmth and Southwestern charm to the living space. Under-cabinet lighting adds class to the kitchen, and a new ceiling fan adds a fresh touch to the primary bedroom. This is a solid home that's ready for its next chapter.
(EXTREMELY MOTIVATED SELLER! BRING ALL OFFERS TODAY!!) Stylish and modern two BR, 2.5 BA single-family adobe home with 14 92 ft. in a rapidly revitalizing downtown community. This move-in ready home has been fully remodeled with new low E windows, flooring, aquaPEX plumbing tankless water heater Mini splits system units in every room, updated electrical and granite countertop! ****Optional 3rd bedroom conversion available and can be completed by the seller- a licensed contractor.*******Enjoy private outdoor living area, large front yard with ample parking and a detached garage/studio! Prime location, near dining entertainment, one block from the zoo and heartbeat of downtown Albuquerque! SELLER WILL ENTERTAIN EQUITY TRADES
UPDATE: Now offering 4th bedroom, with a loft and/or office space. Come see this beautiful home full of natural lighting throughout. Home is very clean and offers lots of storage for your needs. This home has 4 bedrooms, 3 bathrooms and 3 car garage. Loft upstairs. Amazing open floor plan. Offering top notch appliances, quartz countertops. Primary bedroom has 2 really large walk-in closets and adjacent office space. New roof has been recently replaced in 2025. Backyard is fully walled for your added privacy needs.
MOTIVATED SELLER! Modern Luxury meets North Valley versatility! Fully remodeled in 2025, this 3BR/2BA main home features a sleek chef's kitchen, designer flooring, and a bright, open floor plan. THE STANDOUT FEATURE: A fully updated private 1BR/1BA CASITA--ideal for rental income, a home office, or a guest suite. Newer roof and refrigerated air! Move-in ready with unmatched flexibility in the Near North Valley. Bring all offers and schedule your tour today!
Located just minutes from both I-25 and I-40, this versatile property with main home plus ADU offers exceptional convenience and flexibility. Centrally located near downtown Albuquerque and UNM, it's ideal for owner-occupants, students, house-hackers, investors, or professionals.The main home features 3 bedrooms, 2 bathrooms, and a 1-car garage, while the 1-bed, 1-bath ADU with separate entrance provides private living space perfect for rental income, multigenerational living, or a home office. Recent updates include a new roof in Dec 2025 and interior improvements, making this a move-in-ready opportunity with built-in income potential in a prime Northeast location.
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Welcome to this charming 3-bed, 2-bath Pueblo-style home in the gated Oxbow Community of NW Albuquerque. Enjoy bright living spaces with Sandia Mountain views and a custom Kiva-style gas fireplace for cozy evenings.This updated one-story gem features a newly finished roof (10-year transferable warranty), new hardwood floors, carpet, stucco, paint, and landscaping, all done this year. The finished garage offers built-in storage, and the master suite includes a garden tub, glass shower, and huge walk-in closet. Lovingly maintained by its original owner, this move-in-ready home combines Southwest charm, modern comfort, and a prime location near restaurants and shopping.
Welcome to this beautiful family home in the desirable Volterra Subdivision. This spacious 5-bedroom 3-bathroom residence offers the perfect blend of comfort and style, featuring an open concept layout. Enjoy the modern appliances, a xeriscaped yard and a welcoming community atmosphere. With ample space for family gatherings and entertaining, this home is designed for relaxation and connection. Don't miss the opportunity to make this stunning property your own!
3 Bedrooms | Covered Front Porch & Extended Back Patio | Overhead Garage Storage | Adv Layout Tile | Quartz Countertops 🏡Welcome to this charming 3-bedroom home in the heart of Mesa del Sol - M5, where thoughtful design meets everyday comfort. From the welcoming covered porch in front to the extended patio in back, this home is built for enjoying every ounce of New Mexico's sunshine.
NOW qualifies for VA Financing!! Experience modern luxury in this 2 bed, 2.5 bath condo set within a beautifully restored historic building in the heart of downtown. You are a quick jaunt from the Convention Center, Civic Plaza, and office buildings. This stylish features high-end finishes, an open layout, spacious en-suite and a private balcony--perfect for enjoying your morning coffee or evening views. Residents enjoy secure access, a full-time security guard, and stunning rooftop views of the city skyline. A parking garage is available with secure access from the 5th floor. Moka Joes coffee, located in the building, for great coffee and eats. Plus, you're close to top restaurants, shopping, and public transit. This condo offers the perfect balance of convenience, comfort, and character.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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