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503 Camino Espanol NW, Albuquerque, NM, 87107

5beds
4baths
3,197sqft
$1,195,000
$374price/sqft
$7,256/moest. monthly cost
$290,240/yrincome needed

About This Home

Priced to sell. This beautiful home is located in a gated North Valley community on a beautifully landscaped 0.43-acre lot. Southwestern architectural details shine throughout the home, including handcrafted cabinetry, exposed beams, and a classic Kiva fireplace. The spacious primary suite offers a private and comfortable retreat. Modern security and surround sound systems enhance both safety and convenience. The country-style backyard is perfect for relaxing or entertaining, featuring an outdoor kitchen, water fountain, and custom wood columns that frame a welcoming sitting area. This property blends rural charm with convenient access to nearby urban amenities. Owner occupied. Minimum 24-hour notice required for showings. Surveillance system in use.

Getting Around

58
WalkingSomewhat Walkable
26
TransitSome Transit
52
BikeBikeable

Schools

8/10
4/10
Taft Middle SchoolGrades 6-80.4 mi
4/10
Valley High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2020

Materials

  • Foundation: Slab
  • Roof: Tile
  • Construction materials: Frame,Stucco,Rock

Other

  • Builder name: Southwest Contruction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom,Mediterranean,Northern New Mexico,Pueblo,Ranch,Spanish/Mediterranean
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven,Cooktop,Dishwasher,ENERGY STAR Qualified Appliances,Disposal,Microwave,Range Hood,Wine Cooler
  • Laundry features: Electric Dryer Hookup

Bedroom3

  • Level: Main
  • Area: 128.76

Bedroom4

  • Level: Main
  • Area: 127.65

Bedroom5

  • Level: Main
  • Area: 116

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 192

Features

  • Beamed Ceilings,Breakfast Bar,Ceiling Fan(s),Dual Sinks,Entrance Foyer,High Ceilings,Jetted Tub,Country Kitchen,Kitchen Island,Main Level Primary,Multiple Primary Suites,Pantry,Skylights,Separate Shower,Walk-In Closet(s)
  • Window features: Double Pane Windows,Insulated Windows,Low-Emissivity Windows,Vinyl,Skylight(s)
  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace features: Custom,Gas Log,Kiva
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Ductless,Multiple Heating Units
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 3,197
  • Total interior livable area: 3,197 sqft

Kitchen

  • Level: Main
  • Area: 224

Living Room

  • Level: Main
  • Area: 365.2

Primary Bedroom

  • Level: Main
  • Area: 370.54

Primary Bedroom

  • Level: Main
  • Area: 261.36

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101406246616740820
  • Zoning description: R-1D*

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Courtyard,Outdoor Grill,Patio,Privacy Wall,Private Yard,Smart Camera(s)/Recording,Water Feature,Sprinkler/Irrigation
  • Fencing: Full,Gate,Wall

Lot

  • Lot size: 0.43 Acres
  • Features: Lawn,Landscaped,Sprinklers Automatic,Sprinkler System
  • Lot size dimensions: .43

Parking

  • Total spaces: 2
  • Parking features: Attached,Finished Garage,Garage,Garage Door Opener,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Earthquake
Hail
Lightning

FEMA Declared Disasters in Bernalillo County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,042$72,504
Home Insurance *$141$1,692
Property Taxes $846$10,152
Electricity $227$2,727
Total$7,256$87,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$248,777/yr
40% on housing$217,680/yr
45% on housing$193,493/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$374This listing

vs Other Active Listings

Avg $/sqft

ZIP 87107$245
Bernalillo County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 87107
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-14Listed for sale$1,195,000
2019-04-04Listing removed$115,000
2019-03-27Pending sale$115,000
2018-06-01Price change$115,000
2018-04-25Listed for sale$125,000
2018-03-06Sold--

For Sale by Agent

AgentMaribel Encarnacion
BrokerageR & R Real Estate Partners LLC

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