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1506 Ridgecrest Dr SE, Albuquerque, NM, 87108

4beds
3baths
1,701sqft
$459,000
$270price/sqft
$2,909/moest. monthly cost
$116,360/yrincome needed

About This Home

Come feel the ''hidden garden'' vibe of this super clean, move-in ready Ridgecrest home. Timeless character blends beautifully with thoughtful updates, recent maintenance, and evident pride of ownership. Original hardwood floors add warmth and authenticity, while the updated kitchen offers modern convenience and style. Flexible floorplan with 2.25 baths provides comfortable, light-filled living spaces ideal for both everyday living and entertaining. Well maintained throughout and ready for its next chapter. Located in one of Albuquerque's most desirable neighborhoods with easy access to UNM, Nob Hill, and local dining. Just a short stroll from iconic Ridgecrest Park, this is a great opportunity to own a classic Ridgecrest property in excellent condition.

Getting Around

44
WalkingCar-Dependent
30
TransitSome Transit
78
BikeVery Bikeable

Schools

4/10
3/10
Wilson Middle SchoolGrades 6-80.8 mi
2/10
Highland High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1945

Materials

  • Roof: Flat
  • Construction materials: Block,Frame

Other

  • Builder name: Quentesential Ridgecrest Home!

Type & Style

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

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Main Level Primary
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,701
  • Total interior livable area: 1,701 sqft

Kitchen

  • Level: Main
  • Area: 182

Living Room

  • Level: Main
  • Area: 276

Primary Bedroom

  • Level: Main
  • Area: 330

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101705631822343418
  • Zoning description: R-1A*

Features

  • Levels: One
  • Stories: 1
  • Fencing: Gate

Lot

  • Lot size: 6,969 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
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 $2,320$27,840
Home Insurance *$116$1,392
Property Taxes $325$3,900
Electricity $148$1,780
Total$2,909$34,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,737/yr
40% on housing$87,270/yr
45% on housing$77,573/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

$270This listing

vs Other Active Listings

Avg $/sqft

ZIP 87108$162
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87108
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-02Listed for sale$475,000
2026-04-18Pending sale$475,000
2026-03-26Listed for sale$475,000

For Sale by Agent

AgentThomas D Hornback
BrokerageCoyote Realty Pros

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