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Peppertree-Royal Oak

Peppertree-Royal Oak

Neighborhood in Albuquerque, New Mexico

Bernalillo County 87111

$643,599 Average Value
$248 Average Price per Sq Ft
6 Homes For Sale

A single-family homes neighborhood, close to the Sandias

Peppertree-Royal Oak is about 12 miles northeast of downtown Albuquerque. The neighborhood, with its name often shortened to "Peppertree," is close to the Sandia Mountains to the east, which, in addition to views, provide countless opportunities for outdoor recreation. Peppertree is also adjacent to state Route 556, which is Tramway Boulevard, commonly known as "Tramway." That thoroughfare spans 15 miles from north to south. "Peppertree is just a really great area, with custom homes built by quality builders. It has proximity to good schools," says Mike Haley, associate broker with Coldwell Banker Legacy Realtors.

1980s and '90s homes often under $800K in Peppertree

The neighborhood expands on the tree theme with streets such as Persimmon Avenue, Balsa Place, Teakwood Trail and Summertree Road. In addition to all the trees, yards often include hedges, shrubs, drought-resistant plants and hardscaping.

Many homes date to the 1980s or early 1990s and have Pueblo-style elements like flat roofs and adobe finishes or Mediterranean and Spanish influences like archways and clay tile roofs. There is a limited supply of homes on the market in this sought-after area. In the 12 months before February 2025, sales ranged from the high $300,000s to the mid $700,000s. One pricing factor is size; these single-family homes ranged from 1,600 square feet to 3,200 square feet.

Peppertree-Royal Oak has a CAP Index Crime Score of 2 out of 10, compared to the national average of 4.

Prospectors Ridge Park and Desert Park are close by

West of the neighborhood is Prospectors Ridge Park, which has walking paths, open space and a playground often visited by students from the adjacent elementary school. To the east, there is High Desert Park, with a playground and basketball and tennis courts. About 4 miles north of Peppertree, Ice Arenas is open to the public for recreational and figure skating and ice hockey.

O'Keeffe Elementary, Eisenhower Middle and Eldorado High

Georgia O'Keeffe Elementary School earns an A grade from Niche. Eisenhower Middle School has an A-minus and Eldorado High School has an A. Albuquerque Public Schools has district magnet schools as well.

Wilderness, Sandia Foothills hiking and an aerial tramway

Access to nature in the Sandia Foothills is a plus for northeast Albuquerque residents. "We have hundreds of miles of trails throughout the city. And there are numerous walking and hiking trails very close by," Haley says. South of Peppertree, Bear Canyon Open Space has varying terrain and trails used by hikers and mountain bikers. It's advised to keep an eye out for rattlesnakes and other wildlife.

The Sandia Peak Tramway, the longest aerial tramway in the Americas, is about 5 miles to the north. In addition to being a tourist attraction, the tramway is a mode of transportation that experienced skiers with equipment can use to get to the Sandia Peak Ski Area without driving more than 30 miles.

Tree-named streets, bus stops and major roads

Peppertree is a walkable neighborhood with tidy sidewalks. Short streets and many cul-de-sacs contribute to the lack of traffic, though people living on the east side, which is closest to the Tramway, may experience some road noise. There are ABQ RIDE bus stops along Lowell Street Northeast. Tramway and Spain Road Northeast include bike lanes. To the north, state Route 423, known as Paseo del Norte Boulevard, runs west from Tramway across the city. It's about a 16-mile trip from Peppertree to reach Albuquerque International Sunport, for commercial flights.

Shopping along Tramway, Eubank Boulevard or Academy Road

North of the neighborhood, near the intersection of Tramway and Academy Road Northeast, there's a shopping center with an Albertsons Market. Additionally, within several miles, Tramway offers a variety of retail and dining options. To the south, those include Glenwood Village Shopping Center and The Bridges on Tramway, which has eateries and Boxing Bear Brewing Company. To the west, there are more places to shop and dine off Eubank Boulevard and Academy Road.

Peppertree/Royal Oak Residents Association is active

The Peppertree/Royal Oak Residents Association (PRORA) fosters communication while protecting the residential environment and promoting community interaction and well-being. The association hosts various events, including a July 4th parade, ice cream socials and an annual garage sale. The area is divided into districts, each served by a board member, and annual dues for PRORA are $25.
Robin Silberman
Written By
Robin Silberman
Nate Myers
Photography Contributed By
Nate Myers
Timothy Cerva
Video By
Timothy Cerva

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Cecilia Chavez, an experienced agent in this neighborhood.

Transit

Airport

Albuquerque International Sunport

31 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Peppertree-Royal Oak US
Homicide 1 4
Sexual Assault 2 4
Assault with Weapon 1 4
Robbery 1 4
Burglary 2 4
Motor Vehicle Theft 1 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Peppertree-Royal Oak Demographics and Home Trends

Housing Trends

Median List Price
$639,000
Median Sale Price
$670,000
Median Single Family Sale Price
$670,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
15
Median Home Sale Price YoY Change
10%
Average Price Per Sq Ft
$248

Neighborhood Facts

Number of Homes in Neighborhood
363
Number of Homes for Sale
6
Median Year Built
1990
Months of Supply
4.80
Average Single Family Home Size Sq Ft
2,694
Significantly above the national average
1,933
Median Lot Size Sq Ft
8,712

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Cecilia Chavez, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,396
Median Age
45
Population under 18
21%
On par with the national average
23.8%
Population over 65
25%
Above the national average
19.1%

Finances

Median Household Income
$137,500
Significantly above the national average
$71,702
Average Household Income
$158,824

Education and Workforce

High School Graduates
96.4%
College Graduates
76.8%
Significantly above the national average
34.1%
Advanced Degrees
45.1%
Significantly above the national average
13.3%
% Population in Labor Force
66%

Weather

Annual Precipitation
8''
Average Winter Low Temperature
27°F
Average Summer High Temperature
91°F
Annual Snowfall
4''

Area Factors

Bikeable

Bike Score®

54 / 100

Car-Dependent

Walk Score®

7 / 100

Minimal Transit

Transit Score®

20 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Peppertree-Royal Oak