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520 Luna Blvd NW, Albuquerque, NM, 87102

2beds
2baths
1,831sqft
$497,500
$272price/sqft
$3,133/moest. monthly cost
$125,320/yrincome needed

About This Home

A masterfully reimagined 1920s Downtown Albuquerque bungalow, this residence blends historic character with elevated, design-forward living. Thoughtfully restored and meticulously curated, every detail honors the home's architectural heritage while introducing refined modern comforts. Beautifully restored hardwood floors, a new roof, two bedrooms, two bathrooms, a spacious primary suite, an enclosed front porch, and a private courtyard create a home rich in warmth, texture, and timeless sophistication. Ideally located in the heart of Downtown, this rare offering places dining, galleries, and entertainment just moments away while providing an exceptional retreat that feels both collected and enduring.

Getting Around

83
WalkingVery Walkable
48
TransitSome Transit
86
BikeVery Bikeable

Schools

6/10
4/10
Washington Middle SchoolGrades 6-80.4 mi
3/10
Albuquerque High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1921

Materials

  • Foundation: Combination
  • Roof: Pitched,Shingle
  • Construction materials: Board & Batten Siding,Brick,Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Electric Range,Disposal,Refrigerator
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

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

Features

  • Attic,Home Office,Living/Dining Room,Main Level Primary,Shower Only,Separate Shower
  • Window features: Double Pane Windows,Insulated Windows,Wood Frames
  • Flooring: Concrete,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 1,831
  • Total interior livable area: 1,831 sqft

Kitchen

  • Level: Main
  • Area: 150

Living Room

  • Level: Main
  • Area: 288

Primary Bedroom

  • Level: Main
  • Area: 319

Property

Details

  • Parcel number: 101405800711031813
  • Zoning description: R-1A*

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Open,Patio
  • Fencing: Back Yard

Lot

  • Lot size: 3,484 sqft
  • Features: Landscaped,Few Trees

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

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Lightning
Winter Weather

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 $2,515$30,180
Home Insurance *$118$1,416
Property Taxes $352$4,224
Electricity $148$1,780
Total$3,133$37,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,417/yr
40% on housing$93,990/yr
45% on housing$83,546/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

$272This listing

vs Other Active Listings

Avg $/sqft

ZIP 87102$158
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87102
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Price change$497,500
2026-07-09Listed for sale$519,000
2025-08-28Sold--
2025-08-09Pending sale$338,000
2025-08-07Listed for sale$338,000

For Sale by Agent

AgentNM Homegirls Team
BrokerageNMHG

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