Rare opportunity to own a beautifully transformed 1.75-acre North Valley property, thoughtfully developed as a working flower farm and vegetable garden just minutes from Old Town. This unique property combines a fully renovated 1940 adobe home with established gardens, extensive new landscaping, a large fenced vegetable garden, greenhouse, and a newly drilled, fully functional irrigation well. The charming main home has been extensively renovated and upgraded while maintaining its original character. It features an open living and dining area, 3 bedrooms, 2 bathrooms, a spacious laundry room, updated electrical panel, and new appliances. A detached casita adds tremendous flexibility with a bedroom, eat-in kitchen, and 3/4 bath, offering an ideal space for guests, extended family, studio use, or a private workspace. The existing 2-car garage provides additional storage or workshop space. The grounds are the heart of this extraordinary property, with thoughtfully designed flower-growing areas, vegetable gardens, greenhouse space, fencing, landscaping, and irrigation infrastructure already in place. Whether you envision continuing the flower farm, creating your own private garden retreat, growing fresh produce and flowers, or simply enjoying the space and privacy of 1.75 acres, this property offers possibilities that are increasingly difficult to find in the North Valley. Contact your realtor for further details today.
Los Duranes, located between the Rio Grande and I-40, is a residential and semi-rural Albuquerque neighborhood with acequia-lined lanes and big-sky river views. Low-slung adobe and ranch-style homes sit beside small farms and horse properties, giving the streets a quiet, working-landscape feel. The neighborhood’s character concentrates around the 4th Street NW and Montaño Road NW corridor, where local cafés, markets, and service shops set a steady daily rhythm. Community pillars include Los Poblanos Historic Inn & Organic Farm, the Indian Pueblo Cultural Center, and the National Hispanic Cultural Center. Paseo del Bosque Trail and nearby bosque access shape an outdoors-forward routine. Commutes and errands often track along 4th Street NW and Montaño, while evenings lean toward patios and river sunsets.
Provided by Walk Score and Local Logic
Offer insights
2929 Floral Rd NW · $889,000
$888K and above
75% chance or better to win
Why $888K+ is a strong offer
DAYS ON MARKET
49 days
The average home goes pending in 37 days.
SALE-TO-LIST
98.5%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Main-level primary suite
Double-pane insulated vinyl windows
Wood and tile flooring
Wood-burning fireplace (1)
Bedrooms
Bedroom 2 on main level
Bedroom 3 on main level
Bathrooms
Two full bathrooms
One three-quarter bathroom
Kitchen
Built-in gas range
Microwave
Refrigerator
Laundry & utility
Washer
Dryer
Electric dryer hookup
Flooring
Wood flooring
Tile flooring
Heating & cooling
Natural gas heating
Evaporative cooling
Exterior features
Covered patio
Private entrance
Smart cameras recording
Greenhouse
Full backyard fencing
Sprinklers in rear
Garden
Landscaped grounds
Many trees
Corner lot
Home design
Single-story home
Faces south
Resale property
Parking
Attached oversized two-car garage with storage and multi-door access
Security
Smart cameras (recording)
Construction
Adobe, block, and frame construction
Metal pitched roof
Built according to public records (year built source)
Utilities
Electricity connected
Natural gas connected
Water connected
Public sewer
Water from public and private sources and well
Irrigation via canal/ditch and well
Electricity and solar
View estimated energy costs and solar savings for this home
Exceptional 1.75-acre investment opportunity in the Near North Valley--ideal to occupy, lease, or develop. The 1940 Adobe home features an open living-dining-kitchen layout, 3 bedrooms, 2 baths, and a large laundry/craft room. A detached casita offers a bedroom, eat-in kitchen, and 3/4 bath--perfect for guests or rental. The 2-car garage includes space for storage or a workshop. Horse-friendly property with possible irrigation ditch rights--ask your realtor for details. Don't miss this unique chance to own a versatile and charming property!
Southwest MLS #945771
May 31, 2019
Listed
$700,000
$402/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,651 (+2.6%)
$12,664 + $137,120
$149,784
2024
$3,558 (−4.4%)
$12,664 + $62,898
$75,562
2023
$3,723 (+12.5%)
$12,664 + $61,066
$73,730
2022
$3,309 (+0.4%)
$16,990 + $59,288
$76,278
2021
$3,295 (+155.9%)
$11,951 + $57,561
$69,512
2020
$1,288
$11,951 + $57,561
$69,512
2019
$1,287 (−12.6%)
$11,951 + $20,893
$32,844
2018
$1,473 (+0.7%)
$11,951 + $20,893
$32,844
2017
$1,463 (+0.5%)
$11,951 + $24,946
$36,897
2016
$1,456 (+3.6%)
$11,951 + $24,946
$36,897
2014
$1,406
$30,697 + $30,097
$60,794
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.75 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,475
Year built
1940
Style
Single Family Residential
County
Bernalillo County
APN
101205928823841016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-A
CPO-6
Residential – Rural and Agricultural Zone District
The purpose of the R-A zone district is to provide for lower density single-family residential and limited agricultural uses, generally on lots of ¼ acre or larger, as well as limited civic and institutional uses to serve the surrounding residential area. Allowable uses are shown in Table 4-2-1.
Zone overlays
Character Protection Overlay Zones - Los Duranes - 6
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Religious facility
Housing-Group
Housing-Single unit
Infrastructure
Park & open space
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
7 days above 97° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Albuquerque, NM • 87104
Average low and high temperatures (°F)
51
25
65
33
73
40
74
46
82
53
94
64
95
68
95
68
85
59
78
50
61
35
58
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Albuquerque. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2929 Floral Rd NW
$861,627
$27K under list price of $889K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $329K to $725K.