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240 Maxwell Pl, Edgewood, NM, 87015

4beds
3baths
3,521sqft
$900,000
$256price/sqft
$5,751/moest. monthly cost
$230,040/yrincome needed

About This Home

Escape to your own private mountain retreat--20 acres of serene, scenic beauty, thoughtfully developed for comfort and sustainability. This rare dual-lot property offers two fully fenced 10-acre parcels. Both lots have membership to the mutual domestic water assoc(reverse osmosis included). In addition, they share a private well and electricity. This impeccably maintained custom home features an open floor plan, boasting with natural light, radiant heat, tankless water heater, a new metal roof in 2019, new stucco in 2024 and views in every direction. A fully paid solar system covers all electric usage. The 4-car garage includes plumbing, electricity, bathroom, and a 705 sqft loft. Too many amenities to mention! See documents tab for full list! Truly a one-of-a-kind property! Welcome home!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

5/10
7/10
Edgewood Middle SchoolGrades 6-88.1 mi
5/10
Moriarty High SchoolGrades 9-1212.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2003

Materials

  • Roof: Metal,Pitched
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator
  • Laundry features: Electric Dryer Hookup

Bedroom2

  • Level: Main
  • Area: 154.28

Bedroom3

  • Level: Lower
  • Area: 139.15

Bedroom4

  • Level: Lower
  • Area: 122.4

Bedrooms & Bathrooms

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

Family Room

  • Level: Lower
  • Area: 367.92

Features

  • Hot Tub/Spa,Multiple Living Areas,Main Level Primary,Pantry,Walk-In Closet(s)
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Carpet,Tile,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Radiant
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 3,521
  • Total interior livable area: 3,521 sqft

Kitchen

  • Level: Main
  • Area: 220.52

Living Room

  • Level: Main
  • Area: 360.64

Primary Bedroom

  • Level: Main
  • Area: 236.91

Property

Details

  • Parcel number: 103605116236220111
  • Zoning description: A-2

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Exterior features: Deck,Patio
  • Has spa: Yes
  • Spa features: Hot Tub
  • Fencing: Full,Gate
  • Has view: Yes

Lot

  • Lot size: 20 Acres
  • Features: Cul-De-Sac,Meadow,Views,Wooded

Parking

  • Total spaces: 6
  • Parking features: Storage,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 6
  • 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

  • Wildfire
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Winter Weather
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 $4,550$54,600
Home Insurance *$314$3,768
Property Taxes $637$7,644
Electricity $250$3,004
Total$5,751$69,012
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$197,177/yr
40% on housing$172,530/yr
45% on housing$153,360/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

$256This listing

vs Other Active Listings

Avg $/sqft

ZIP 87015$172
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87015$236
Bernalillo County

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

DateEventPrice
2026-07-17Price change$900,000
2026-05-15Listed for sale$960,000
2025-11-07Listing removed$925,000
2025-10-03Price change$925,000
2025-08-15Listed for sale$960,000

For Sale by Agent

AgentMorgan Cannaday
BrokerageIda Kelly Realtors

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