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1300 Highway Nm 313, Algodones, NM, 87001

2beds
3baths
1,800sqft
$385,000
$214price/sqft
$2,474/moest. monthly cost
$98,960/yrincome needed

About This Home

Set on a full acre of peaceful country living, this enchanting Santa Fe-style custom home blends classic Adobe and Stucco craftsmanship with the warmth and character that make Southwestern architecture so timeless. This 2-bedroom, 2-bath residence welcomes you with traditional vigas, two Kiva fireplaces, and an inviting ambiance that feels both rustic and refined. A spacious walled courtyard extends the living space outdoors, offering a perfect setting for entertaining, relaxing, or enjoying the serenity of New Mexico skies.Beyond the main home, an additional studio/workshop unit sits privately at the back of the property an ideal space for a work-from-home office, creative studio, or income-generating opportunity. The land itself provides abundant room to bring your extra cars and toys.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

5/10
7/10
Spartan Learning AcademyGrades 7-85.3 mi
4/10
Bernalillo High SchoolGrades 9-124.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1978

Materials

  • Roof: Flat
  • Construction materials: Adobe,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Bedroom2

  • Level: Main
  • Area: 126

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Garden Tub/Roman Tub,Multiple Living Areas,Main Level Primary
  • Window features: Insulated Windows,Triple Pane Windows
  • Flooring: Brick,Tile
  • Number of fireplaces: 3
  • Fireplace features: Gas Log,Kiva,Outside,Wood Burning Stove
  • Fireplace: Yes

Heating

  • Heating features: Central

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Kitchen

  • Level: Main
  • Area: 120

Living Room

  • Level: Main
  • Area: 340

Primary Bedroom

  • Level: Main
  • Area: 238

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1023077044308
  • Zoning description: R-1

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Open,Patio
  • Exterior features: Courtyard,Privacy Wall,Private Yard
  • Fencing: Gate
  • Has view: Yes

Lot

  • Lot size: 1 Acres
  • Features: Corner Lot,Landscaped,Few Trees,Views

Parking

  • Total spaces: 3
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 3
  • Carport: Yes
  • Carport 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
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Drought
Heat Wave
Winter Weather

FEMA Declared Disasters in Sandoval 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 $1,946$23,352
Home Insurance *$169$2,028
Property Taxes $211$2,532
Electricity $148$1,780
Total$2,474$29,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,822/yr
40% on housing$74,220/yr
45% on housing$65,973/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 87001$431
Sandoval County$215

vs Homes Sold Last Month

Median $/sqft

ZIP 87001
Sandoval County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Listed for sale$385,000
2026-07-20Pending sale$385,000
2026-07-14Listed for sale$385,000

For Sale by Agent

AgentRose M Varona
BrokerageRealty One of New Mexico

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