Near North Valley Homes under $500,000

Welcome to the enchanting Near North Valley, a hidden gem nestled in the heart of Albuquerque, New Mexico. This vibrant community is renowned for its rich cultural heritage, stunning landscapes, and a warm, welcoming atmosphere that makes it an ideal place to call home. With its charming adobe-style architecture and lush greenery, the Near North Valley offers a unique blend of traditional New Mexican charm and modern convenience.

For those seeking a home in this picturesque region, you’ll be delighted to discover a variety of options available under $500,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for a cozy retreat, the Near North Valley has something to offer everyone. From quaint single-family homes with spacious yards to stylish townhouses that provide low-maintenance living, you’ll find a diverse selection of properties that cater to different lifestyles and preferences.

Living in the Near North Valley means enjoying easy access to local amenities, including delightful eateries, boutique shops, and community parks. The area is also known for its vibrant arts scene and frequent cultural events, allowing residents to immerse themselves in the rich traditions of New Mexico. With its close-knit community feel and convenient proximity to downtown Albuquerque, you can enjoy the best of both worlds—serene suburban living alongside the excitement of city life.

Explore the possibilities that await you in Near North Valley, where your dream home under $500,000 is just waiting to be discovered!

Newest Near North Valley Homes under $500,000

$394,500

4 Beds ⋅ 3 Baths

Open House this weekend: Sunday, October 4th from 9am-11am. This luxurious modern home offers 4 bedrooms (2 PRIMARY SUITES one upstairs and one downstairs) and 3 bathrooms. This beautiful home is in the heart of the North Valley and features a 2,059 sq. ft. layout. The beautiful kitchen equipped with granite countertops, upgraded cabinetry, a gas stove and a breakfast bar overlooking the bright, open-concept living and dining area. Luxury laminate flooring runs through the whole first level including one of the first primary bedroom and walk in closet. Upstairs, the spa-like primary suite bathroom has double sinks, a garden tub, and an amazing walk-in closet. The secondary living room/loft/ office space offers versatility. The low-maintenance back patio is a perfect place to have a nice glass of wine after a log day or has easy access to trails nearby for nice walks with the kids or fur babies. This is an ideal home for families that have a spouse working from home, multigenerational living, siblings wanting to build equity or those families who have been looking for that perfect home in the North Valley. For best parking: Park either directly in the driveway or on San Clemente near the mailbox.

267 San Clemente Avenue NW, Albuquerque

$230,000

1 Beds ⋅ 1 Baths

Move fast on 526 Apache Ave NW because this one has been refreshed from top to bottom and comes with a $5,000 buyer incentive PLUS a 13-month home warranty! This charming single-story Albuquerque home is practically NEW, NEW, NEW, with a new roof, new stucco, new AC, new heaters, new flooring, new landscaping, new appliances, new cabinets, fresh paint, and a newly remodeled bathroom all coming together to create a clean, move-in-ready home with a fresh modern feel. Inside, you'll find bright, comfortable living spaces, attractive new flooring, a sharp updated kitchen with stainless appliances, dark cabinetry, updated countertops and backsplash, plus a beautifully refreshed bathroom with contemporary finishes. Outside, the property offers low-maintenance landscaping, mature trees, private fenced areas, patio space, and a storage shed, giving you plenty of flexibility for relaxing, entertaining, pets, hobbies, or extra storage. Don't wait until someone else makes it theirs. Schedule your showing today and come see why the next thing NEW about this home could be YOU! Cash or Conventional Financing Only.

526 Apache Avenue NW, Albuquerque

$245,000

3 Beds ⋅ 2 Baths

Welcome to 1212 La Poblana! This home showcases a 3 bedroom, 2 bathroom floorplan with tile floors throughout, making cleanup a breeze! The backyard is fenced and a nice size and the home is perfectly situated just minutes from newer shops, restaurants and the Indian Pueblo Cultural Center. Recent upgrades to the property include a newer roof (installed in 2026) and a refreshed backyard fence.

1212 La Poblana Road NW, Albuquerque

$240,000

2 Beds ⋅ 1 Baths

Located in a quiet neighborhood, this well-maintained townhouse offers 2 bedrooms, 1 bathroom, and a 1-car garage. Fresh interior paint creates a clean, refreshed feel, while a new water heater adds a recent system improvement. The roof and stucco are less than 5 years old. The backyard extends the living space outdoors with a covered patio, grassy area, and flowers, creating a pleasant setting for relaxing or enjoying time outside. Home has easy access to all areas of Albuquerque.

545 Berry Road NW, Albuquerque

$495,000

2 Beds ⋅ 2 Baths

Fabulous Southwestern style custom home on a sweet North Valley cul-de-sac, in the discreet gated community of Villa de la Capilla. Take a moment to enjoy the south-facing entry courtyard behind the privacy wall, then come on in & explore the lovely home. High ceilings, exposed adobe blocks, numerous nichos, the fireplace banco, & large viga beams support tongue-&-groove wood ceilings. Radiant floor heat warms the house & the a/c keeps it cool. Both private bedrooms--one upstairs, one down--have walk-in-closets & their own bathrooms. The upper primary suite includes a view balcony large enough for a group to watch the sun linger against the Sandias at dusk. The private backyard courtyard is a serene Welcome Home after a day in the city. More to love: a pro-panel metal roof, two-car garage with attic storage & covered walkway to the house, glass brick accents, tile floors, stainless appliances, kitchen island cooktop, b'fast bar, pendant & recessed lighting, plus a large laundry room with a sink. Whew! Enough description already--come see!

1813 Calle Barbarita NW, Albuquerque

$359,900

2 Beds ⋅ 2 Baths

Welcome to 5103 San Luis, Brand new construction, seller tore down old house, only bearing walls were standing, (block walls).Everything is new, new sewer line, new electrical, new plumbing, new insulation, new roof and refrigerated air. Recessed lighting throughout the house. ceiling fans, walk in closet in master bedroom. Open space concept for living room, dining and kitchen area. Cathedral ceilings. Covered patio in the back is 14 x 8, good size laundry room 14 x 7.6'. come and see this home before it sells.

5103 San Luis Place NW, Albuquerque

$373,000

3 Beds ⋅ 2 Baths

Welcome to a beautiful one of a kind retreat in highly sought after gated community in the North Valley! This beautiful this home features refrigerated AC, metal roof, new interior paint, recent furnace and water heater (2024), updated kitchen with solid wood countertops, high ceilings, low maintenance yards, and the washer/dryer/refrigerator stay as well! Dont miss out on this opportunity!

1527 Phoenix Avenue NW, Albuquerque

$469,900

3 Beds ⋅ 3 Baths

Discover timeless Southwestern charm in this inviting North Valley retreat featuring a 1,430 sq. ft. main home and a separate 451 sq. ft. guest house! The main residence offers 2 bedrooms, 2 baths, beautiful hardwood floors, soaring ceilings with exposed wood beams, and a welcoming living room with a fireplace. The kitchen features granite countertops, abundant cabinetry, a gas cooktop, and breakfast bar. The primary suite offers a peaceful retreat, showcasing beautiful hardwood floors, soaring beamed ceilings, a charming kiva fireplace, and an impressive wall of built-in bookshelves. The spacious ensuite bath features dual vanities, a jetted soaking tub, separate shower, and generous walk-in closet with custom shelving. Additional bedroom provides comfortable accommodations and ample closet space. The detached guest house features its own kitchen, living area, and full bath, offering flexibility for guests, a home office, or extended living. Step outside to discover a private, beautifully shaded backyard retreat with flagstone patios, mature trees, built-in seating, an outdoor fireplace, and a built-in grilling area perfect for entertaining or relaxing beneath the New Mexico sky. New Carpet and paint! Casita rents for $1,300 a month

2410 Vicic Road NW, Albuquerque

$349,000

3 Beds ⋅ 2 Baths

** Seller is offering $5,000 credit to Buyer towards Buydown or Closing Costs!!** Welcome to this absolutely gorgeous, completely remodeled 3-bedroom, 2-bath home in Northwest Albuquerque! Thoughtfully updated from top to bottom, this beautiful residence offers modern style, functionality, and comfortable living spaces throughout.The home features two spacious living areas, providing plenty of room for entertaining, relaxing, or creating a separate family room or home office. Beautiful luxury vinyl flooring runs throughout the entire home--no carpet! The stunning remodeled kitchen is both beautiful and highly functional, with ample workspace designed for those who truly enjoy cooking and entertaining.Major updates include a new roof completed in September 2026, adding valuable peace of mind for the new owners. The home also offers backyard access, providing excellent flexibility for vehicles, recreational equipment, or outdoor projects. Located on a quiet, established street while still being conveniently close to restaurants, shopping, and everyday amenities. Nature lovers will appreciate being just a short distance from the Rio Grande Bosque, offering easy access to walking, biking, and the beautiful outdoor spaces Albuquerque is known for. This move-in-ready home combines a gorgeous remodel with a functional floor plan and an excellent Northwest Albuquerque location. Don't miss the opportunity to make this beautifully updated home yours!

2909 18th Street NW, Albuquerque

$295,000

2 Beds ⋅ 1 Baths

Step into the warmth and character of classic New Mexico in this inviting townhouse, designed by Hap Crawford, a legendary Albuquerque architect celebrated for his distinctive Southwestern style. Authentic architectural details include exposed beams, vigas and warm Saltillo tile. High ceilings, and skylights create an abundance of natural light. The inviting kitchen features a gas stove, recently purchased refrigerator, dishwasher, and microwave, Large laundry room includes the washer and dryer. Two comfortable bedrooms with new carpet each open directly to the backyard, creating an easy connection to the low-maintenance patio. An ideal spot for morning coffee, afternoon sunshine, or relaxing under Albuquerque's beautiful skies.The spacious full bathroom offers ample storage and functionality.Enjoy the convenience of being close to the Indian Pueblo Cultural Center, neighborhood parks, local restaurants, and the many experiences that make Albuquerque such a special place to call home.

2602 Los Tomases Drive NW, Albuquerque

$410,000

2 Beds ⋅ 3 Baths

Discover this North Valley hidden gem, ideally located just minutes from the Rio Grande Nature Center and with easy access to the popular Bosque trails for walking and biking. Tucked just off Rio Grande, this inviting home offers a wonderful blend of comfort, convenience, and indoor-outdoor living.The thoughtfully designed kitchen features sleek Silestone countertops, custom cabinetry, and a newly installed Master Cooler. Spacious primary and guest bedrooms provide plenty of room for relaxing and hosting guests. Outside, enjoy the privacy of an enclosed backyard with a covered patio area that's perfect for morning coffee, outdoor dining, or unwinding at the end of the day.This home is a wonderful opportunity to enjoy the beauty and lifestyle of Albuquerque's North Valley, close to nature, trails, and all that the area has to offer.

3036 Sombra Del Rio NW, Albuquerque

$424,900

2 Beds ⋅ 1 Baths

Rare 1920s Adobe fully restored in 2021 in sought after north valley neighborhood. High end classic touches like Talavera and Saltillo tiles, white oak floors, solid pine doors, and rustic wood vegas blend with modern amenities like the 42 inch Italian Hallman range, ducted heat and refrigerated air, upgraded 200 amp electric, and hard wired ethernet throughout, giving a five star hotel resort feel to the house. Spacious walk in closet, large laundry room, French doors, and stained glass add to the practical charm. Outside, three separate patio areas spread across the .34 acre provide sun or shade throughout the day with the entire yard enclosed for peace of mind when it comes to children, pets and privacy. Minimal traffic on your private road but less than a mile from your favorite shops on Rio Grande. The almost 500 sq ft adobe outbuilding provides ample storage and is ready to be turned into your ADU. The 865 sq ft soaring steel carport is ready for your RV. Let your next home be this luxurious move in ready southwestern dream.

1801 Calle Pequeno NW, Albuquerque

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.