5003 Redwood Ave, Farmington, NM, 87402
About This Home
Welcome to your dream home! This stunning new construction offers 4 spacious bedrooms and 2 beautifully designed bathrooms, thoughtfully crafted with modern living in mind. From the moment you step inside, you'll appreciate the open-concept layout, abundant natural light, and quality finishes throughout. The kitchen is the heart of the home, featuring sleek countertops, ample cabinetry, and generous space for cooking and gathering. The primary suite provides a private retreat with a well-appointed ensuite bath and plenty of closet space. Three additional bedrooms offer flexibility for family, guests, or a home office. Situated on 5 expansive acres, this property provides endless possibilities -- whether you envision outdoor entertaining, recreational space, room for animals, or simply enjoying peaceful country views. With wide-open space and the comfort of a brand-new build, you get the best of both worlds: modern efficiency and serene surroundings. Don't miss the opportunity to own a beautiful new home with acreage and room to grow! **Photos are of a similarly constructed home. Listing broker related to seller.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2026
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Vented Exhaust Fan,Microwave
Bedroom2
- Area: 163.8
- Dimensions: 13 x 12.6
Bedroom3
- Area: 163.8
- Dimensions: 13 x 12.6
Bedroom4
- Area: 127.6
- Dimensions: 11 x 11.6
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Area: 116
- Dimensions: 11.6 x 10
Family Room
- Area: 249
- Dimensions: 15 x 16.6
Features
- Fireplace features: Living Room
- Fireplace: Yes
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 2,352
- Total interior livable area: 2,352 sqft
Kitchen
- Area: 266.8
- Dimensions: 11.6 x 23
Living Room
- Area: 381.8
- Dimensions: 16.6 x 23
Master Bedroom
- Area: 225
- Dimensions: 15 x 15
Property
Details
- Zoning description: Residential
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
Lot
- Lot size: 5.22 Acres
Parking
- Parking features: Garage - Attached
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
- Lightning
- Cold Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in San Juan County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,134 | $37,608 |
| Home Insurance * | $264 | $3,168 |
| Property Taxes | $268 | $3,216 |
| Electricity | $167 | $2,006 |
| Total | $3,833 | $45,996 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Price change | $649,900 |
| 2026-04-24 | Price change | $659,900 |
| 2026-04-08 | Price change | $664,000 |
| 2026-02-19 | Listed for sale | $669,000 |
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