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9707 Rio Grande Blvd NW, Albuquerque, NM, 87114

4beds
4baths
5,501sqft
$1,000,000
$182price/sqft
$6,280/moest. monthly cost
$251,200/yrincome needed

About This Home

Nestled on a serene 1.6 acre gated lot in the sought-after Far North Valley, this lovely Northern New Mexico-style horse property offers privacy, charm and views in the heart of the city just minutes from the Bosque open space trails, dining, and shopping. The property also boasts a two bedroom guest house (ADU) that is perfect for extended family, in laws or additional rental income. This expansive home is designed for both relaxation and entertainment. The home opens up to the park-like backyard that overlooks a charming vintage barn with 3 stalls, a tack room, and a paddock. A welcoming courtyard invites you to the main house, where you'll find a perfect blend of rustic charm and modern amenities. The generous owner's suite is a true retreat, featuring 3 walk-in closets.

Getting Around

20
WalkingCar-Dependent
0
TransitNo Nearby Transit
59
BikeBikeable

Schools

5/10
Alameda Elementary SchoolGrades PK-51.0 mi
3/10
Taylor Middle SchoolGrades 6-81.3 mi
4/10
Valley High SchoolGrades 9-125.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1974

Materials

  • Roof: Metal,Pitched
  • Construction materials: Frame

Other

  • Builder name: Cutsom

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Gas Range,Double Oven,Dishwasher,Refrigerator
  • Laundry features: Gas Dryer Hookup,Washer Hookup,Dryer Hookup,ElectricDryer Hookup

Bedrooms & Bathrooms

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

Features

  • Kitchen Island,Multiple Living Areas
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Pellet Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,Forced Air,Radiant
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 5,501
  • Total interior livable area: 5,501 sqft

Kitchen

  • Level: Main
  • Area: 361

Living Room

  • Level: Main
  • Area: 350

Primary Bedroom

  • Level: Upper
  • Area: 589

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101506513223030607
  • Zoning description: A-1

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Courtyard,Private Yard,Sprinkler/Irrigation
  • Horses can be raised: Yes

Lot

  • Lot size: 1.66 Acres
  • Features: Lawn,Sprinklers Automatic

Parking

  • Total spaces: 4
  • Parking features: Detached,Garage,Garage Door Opener,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4
  • 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 FloodingVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Earthquake
Hail
Heat Wave
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 $5,056$60,672
Home Insurance *$125$1,500
Property Taxes $708$8,496
Electricity $391$4,693
Total$6,280$75,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$215,314/yr
40% on housing$188,400/yr
45% on housing$167,466/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

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 87114$190
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87114
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Price change$1,000,000
2025-12-03Price change$1,125,000
2025-12-01Listed for sale$1,175,000
2025-11-30Listing removed$1,175,000
2025-08-11Listed for sale$1,175,000
2022-08-01Listing removed--
2022-06-16Price change$1,050,000
2022-01-14Listed for sale$1,100,000
2022-01-04Listing removed--
2021-10-14Price change$1,100,000
2021-06-10Listed for sale$1,200,000
2008-05-12Listing removed$750,000
2008-04-16Listed for sale$750,000
2004-08-12Sold--

For Sale by Agent

AgentMissy Ashcraft Real Estate Group
BrokerageKeller Williams Realty

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