Pending

$1,300,000

Est. $7,952/mo —

•

1,768

sq ft

221 Homeland Rd NW, Albuquerque, NM 87114

About this home

Extraordinary Opportunity for 4.12 acres of mostly clear land with VIEWS of mountains and hot air balloons!! Super Convenient location in the highly sought-after North Valley off 2nd St, between Alameda & Paseo del Norte! Over 180,000 square feet - huge potential, this property is a blank canvas just waiting for your creative touch. Currently zoned R-1 with public utilities already connected to the property via an existing 1700sqft home at the SW corner of the land. Imagine subdividing, building, or developing a lovely community. This location has convenient access and unbeatable flexibility- near shops, restaurants and freeway access. Developers will want to investigate feasibility. AS IS- in current condition/ no repairs. Call to schedule a showing!

Single-familyProperty Type

1958Year Built

4.12 acresLot Size

$735Price/Sq.Ft.

2 car garageParking

Listed by Dee Rasberry • Realty One of New Mexico

Listing updated: Jul 28, 2026 at 11:31am

Redfin checked: 2 minutes ago

•Source:Southwest MLS #1094500

Payment calculator

$7,952 per month

Principal and interest$7,272

Property taxes

$475

HOA dues

Home insurance

$206

Utilities

Add

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Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 2PM TO 5PM
$404,180
3 beds2 baths1,420 sq ft
3247 Dijamant Loop SE, Rio Rancho, NM 87124
OPEN TUE, 10AM TO 1PM
$418,140
3 beds2 baths298 sq ft
4257 Peakview Loop NE, Rio Rancho, NM 87144
OPEN TUE, 10AM TO 1PM
$485,140
5 beds3.5 baths2,635 sq ft
4225 Peakview Loop NE, Rio Rancho, NM 87144
OPEN TUE, 10AM TO 1PM
$397,390
4 beds2 baths216 sq ft
4237 Peakview Loop NE, Rio Rancho, NM 87144
OPEN TUE, 10AM TO 1PM
$456,190
3 beds2.5 baths237 sq ft
4273 Peakview Loop NE, Rio Rancho, NM 87144
OPEN WED, 3:30PM TO 5PM
$484,000
3 beds2 baths1,893 sq ft
5725 Rio Pinos Rd NE, Rio Rancho, NM 87144
OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$345,000
3 beds2.5 baths1,612 sq ft
1235 8th St NW Unit B, Albuquerque, NM 87102
OPEN SUN, 12PM TO 2PM
$350,000
3 beds2 baths1,632 sq ft
4016 Ponderosa Ave NE, Albuquerque, NM 87110
OPEN SUN, 1PM TO 3PM
$370,000
3 beds2 baths1,823 sq ft
12908 Granite Ave NE, Albuquerque, NM 87112
OPEN SUN, 1:30PM TO 3:30PM3D WALKTHROUGH
$399,000
4 beds2 baths1,766 sq ft
3325 21st Ave SE, Rio Rancho, NM 87124

Around this home

Schools

K - 12
Preschool & daycare

Alameda Elementary School

Public PreK-5 • Assigned • 0.4mi

5/10

Taylor Middle School

Public 6-8 • Assigned • 1.3mi

4/10

Valley High School

Public 9-12 • Assigned • 4.8mi

4/10

Provided by GreatSchools

About Alamedan

Valley

Alamedan Valley, located between Alameda Blvd NW and the Rio Grande, is a rural and residential North Valley neighborhood with irrigated fields and cottonwood-lined lanes. The neighborhood’s character concentrates around the 4th Street NW and Alameda Blvd NW corridor, where farm stands, local cafés, and small service shops set a steady, day-to-day rhythm. Los Poblanos Historic Inn & Organic Farm anchors the area’s agrarian identity with lavender fields and a working farm setting. Nearby, the Rio Grande Nature Center State Park adds bosque trails and river overlooks that shape the outdoor routine. Homes range from adobe-style compounds to mid-century ranch houses on larger lots, with acequia ditches tracing the landscape. Evenings feel quieter, with sunset views across the valley and a strong connection to open space.

Provided by Walk Score and Local Logic

Market insights

221 Homeland Rd NW · $1,300,000

DAYS ON MARKET

The average home goes pending in 37 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median sale price in this area is $387,199. (70% lower than this home)

PRICE DROP

28% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Double-pane insulated windows
Main level primary bedroom
Fireplace (1)

Bedrooms
Primary bedroom on the main level

Bathrooms
Two three-quarter bathrooms

Kitchen
Kitchen on main level

Flooring
Carpet
Laminate

Heating & cooling
Central forced-air heating (natural gas)
Evaporative cooling

Sale and tax history for 221 Homeland Rd NW

Sale History
Tax History

Date

Event

Price

Southwest MLS #1094500

Apr 20, 2026

Pending

—

Feb 2, 2026

Price Changed

$1,300,000

$735/sq ft

Dec 12, 2025

Price Changed

$1,600,000

$905/sq ft

Oct 16, 2025

Listed

$2,000,000

$1,131/sq ft

Southwest MLS #1094499

Apr 20, 2026

Pending

—

Feb 2, 2026

Price Changed

$1,300,000

$735/sq ft

Dec 12, 2025

Price Changed

$1,600,000

$905/sq ft

Oct 6, 2025

Listed

$2,000,000

$1,131/sq ft

Extraordinary Opportunity for 4.12 acres of mostly clear land with VIEWS of mountains and hot air balloons!! Super Convenient location in the highly sought-after North Valley off 2nd St, between Alameda & Paseo del Norte! Over 180,000 square feet - huge potential, this property is a blank canvas just waiting for your creative touch. Currently zoned R-1 with public utilities already connected to the property via an existing 1700sqft home at the Southwest corner of the land. Phenomenal views, convenient access and unbeatable flexibility- near shops, restaurants and freeway access. Developers will want to investigate the feasibility. Call to Schedule a showing! AS IS- No Repairs to home. .

Year

Property tax

Land + Additions

Assessment*

2025

$5,887 (+3.3%)

$107,148 + $57,846

$164,994

2024

$5,698 (+1.9%)

$104,028 + $56,161

$160,189

2023

$5,594 (+6.3%)

$100,998 + $54,526

$155,524

2022

$5,262 (+3.4%)

$98,057 + $52,938

$150,995

2021

$5,087 (+1.9%)

$95,201 + $51,396

$146,597

2020

$4,994 (+3.1%)

$92,428 + $49,899

$142,327

2019

$4,845 (+3.7%)

$89,736 + $48,446

$138,182

2018

$4,673 (+3.9%)

$87,123 + $47,035

$134,158

2017

$4,498 (+3.9%)

$82,122 + $44,335

$126,457

2016

$4,327 (+8.2%)

$82,122 + $44,335

$126,457

2014

$3,999

$75,153 + $40,574

$115,727

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

4.14 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,813

Year built

1958

Style

Single Family Residential

County

Bernalillo County

APN

101606414240920804

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

R-1

Single-Family Residential Zone

The purpose of this zone is to provide for the development of single-family homes on lots not less than 0.75 of an acre in area, except that where community water and sewer facilities are made available, the lot size may be reduced consistent with development densities in the Albuquerque/Bernalillo County Comprehensive Plan. The regulations provide for the health, safety and welfare of the residents.

Permitted uses

Include but are not limited to:

Agriculture
Dairy
Greenhouse / nursery
Livestock production
Housing-Single unit
Library
Museum / gallery
Communications tower

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

8 days above 96° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Albuquerque, NM • 87114

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

98/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 11% for direct sun exposure in Albuquerque. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11.3 hrs

7.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 221 Homeland Rd NW

$1,311,237

$11K over list price of $1.30M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $450K to $1.8M.

SOLD SEP 10, 2026
$699,000 Last sold price
4 beds3.5 baths2,513 sq ft
8764 Sevano Cir NE, Albuquerque, NM 87113
$457/sq ft
smaller lot
66 years newer
SOLD SEP 8, 2026
$1,239,900 Last sold price
4 beds3.5 baths4,184 sq ft
1022 Camino Ranchitos NW, Albuquerque, NM 87114
$439/sq ft
smaller lot
27 years newer
SOLD JUN 29, 2026
$449,500 Last sold price
3 beds2 baths1,900 sq ft
8301 4th St NW #3, Los Ranchos, NM 87114
$498/sq ft
smaller lot
31 years newer
SOLD JUL 2, 2026
$999,900 Last sold price
4 beds3.5 baths3,753 sq ft
9506 Dancing River Dr, Albuquerque, NM 87114
$469/sq ft
smaller lot
39 years newer
SOLD JUN 5, 2026
$1,750,000 Last sold price
5 beds6 baths5,500 sq ft
10075 Los Cansados Rd NW, Albuquerque, NM 87114
$417/sq ft
smaller lot
6 years older
SOLD JUL 9, 2026
$1,300,000 Last sold price
4 beds3.5 baths3,200 sq ft
10020 Loretta Dr NW, Albuquerque, NM 87114
$329/sq ft
smaller lot
3 years older

Rental earnings

Est. $2,184 per month, based on comparable rentals

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Jonas Courey

Albuquerque Redfin Agent

Jonas Courey typically replies in about 10 minutes

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Details provided by Southwest MLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 221 Homeland Rd NW

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 221 Homeland Rd NW

This home is pending

Have questions?

Nearby similar homes

New listings for sale in 87114

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