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12300 Palomas Ave NE, Albuquerque, NM, 87122

4beds
3baths
3,510sqft
$1,800,000
$513price/sqft
$10,819/moest. monthly cost
$432,760/yrincome needed

About This Home

Luxury Equestrian Living on Nearly 2 Acres in North Albuquerque Acres. Discover the perfect blend of modern luxury and country living in this stunning custom estate nestled in the heart of North Albuquerque Acres. Situated on 1.78 acres--nearly 2 acres of beautifully landscaped horse property, this exceptional home offers the perfect balance of privacy, space, and refined living. Beautifully appointed living spaces, soaring ceilings, expansive windows, and designer finishes create an inviting atmosphere throughout.The open-concept floor plan features a gourmet chef's kitchen, spacious living and dining areas, a private office, and a luxurious primary suite designed for comfort and elegance. Outside, enjoy breathtaking mountain views, a detached oversized two-car garage, and exceptional horse facilities complete with stables, making this property ideal for equestrian enthusiasts or anyone seeking room to roam.Offering approximately 3,510 square feet of thoughtfully designed living space on 1.78 acres, this rare estate combines refined craftsmanship with the beauty of New Mexico living,all just minutes from city conveniences. Luxury. Space. Lifestyle. Welcome home.

Getting Around

14
WalkingCar-Dependent
0
TransitNo Nearby Transit
47
BikeSomewhat Bikeable

Schools

9/10
8/10
7/10
La Cueva High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1975

Materials

  • Foundation: Permanent,Slab
  • Roof: Pitched,Shingle
  • Construction materials: Stucco

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

Dining Room

  • Level: Main
  • Area: 160.12

Family Room

  • Level: Main
  • Area: 338.09

Features

  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Carpet,Laminate
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 3,510
  • Total interior livable area: 3,510 sqft

Kitchen

  • Level: Main
  • Area: 378.9

Living Room

  • Level: Main
  • Area: 327.5

Office

  • Level: Main
  • Area: 39.31

Primary Bedroom

  • Level: Second
  • Area: 561.33

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 102206342745610423
  • Zoning description: A-1
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Gate
  • Horses can be raised: Yes

Lot

  • Lot size: 1.78 Acres

Parking

  • Total spaces: 2
  • Parking features: Door-Multi,Detached,Garage,Two Car Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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

  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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 $9,101$109,212
Home Insurance *$194$2,328
Property Taxes $1,275$15,300
Electricity $249$2,994
Total$10,819$129,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$370,937/yr
40% on housing$324,570/yr
45% on housing$288,506/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

$513This listing

vs Other Active Listings

Avg $/sqft

ZIP 87122$323
Bernalillo County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 87122
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$1,800,000

For Sale by Agent

AgentMonique M Parsons
BrokerageBerkshire Hathaway NM Prop

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