$700,000
NEW CONSTRUCTION $25K PRICE DROP

506 Camino Espanol NW Albuquerque, NM 87107

Estimated payment $3,933/month

Total Views 10,649
3 Beds
2 Baths
1,714 Sq Ft
$408 Price per Sq Ft

Highlights

  • New Construction
  • Build Green New Mexico Gold
  • Covered Patio or Porch
  • Gated Community
  • Great Room
  • Breakfast Area or Nook

About This Home

Nestled in the picturesque North Valley, this award winning property by Las Ventanas Homes offers a rare opportunity live in one of the city's most desirable areas. Tucked away off Los Rancho's new 4th street revitalization project, their newest property provides a perfect location that blends tranquility and convenience. Just over 1700 square feet with three bedrooms and two baths, boasting all the finishes and unwavering quality you have come to expect including a NM Green Build Gold certification. The home is situated on an oversized lot perfect for constructing a casita (an ADU)...and Las Ventanas has a plan ready for you!! This home embraces the best of rural charm and urban amenities with nearby trails and fantastic dining. Ready for quick move in!!

Listing Agent

Merissa Ashcraft

Keller Williams Realty Listed on: 07/04/2025

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $527

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • South Facing Home
  • Back Yard Fenced
  • Water-Smart Landscaping
  • Sprinkler System
  • Zoning described as R-1D*

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Proposed Property
  • Home to be built
  • Frame Construction

Interior Spaces

  • 1,714 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Great Room
  • Combination Dining and Living Room
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Plumbing Fixtures
  • Shower Only
  • Separate Shower

Eco-Friendly Details

  • Build Green New Mexico Gold
  • ENERGY STAR Qualified Equipment

Schools

  • Alvarado Elementary School
  • Taft Middle School
  • Valley High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Low Threshold Shower
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 101406244313240744

Community Details

Overview

  • Association fees include common areas, road maintenance
  • Built by Las Ventanas NM Inc

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$527

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From I-25, take Paseo del Norte westbound to 2nd Street. Exit south (left) on 2nd Street to Osuna Road NW. Turn west (right) onto Osuna Road to 4th Street, turn south (left) on 4th Street to Camino Espanol (just past the Fruit Basket). Turn west (right) on Camino Espanol, just past the Spanish Walk subdivision on your left, take a left onto the cul de sac to the model home ahead.
  • Listing Contract Date: 2025-07-01
  • Year Built: 2025
  • Lot Size Acres: 0.19
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt, Paved
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: 4098

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Area, Dual Sinks, Great Room, High Speed Internet, Kitchen Island, Living/Dining Room, Main Level Primary, Pantry, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: Low Threshold Shower
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1714.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Fence, Private Yard, Sprinkler/Irrigation
  • Fencing: Back Yard, Wall
  • Lot Features: Cul-De-Sac, Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Las Ventanas NM Inc
  • Construction Type: Frame
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: To Be Built

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Refrigerated
  • Heating: Combination, Central, Forced Air
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Road Maintenance

Schools

  • Elementary School: Alvarado
  • High School: Valley
  • Middle Or Junior School: Taft

Green Features

  • Green Power: None
  • Green Water Conservation: Low-Flow Fixtures, Water-Smart Landscaping
  • Green Building Verification Type: Build Green New Mexico Gold

Lot Info

  • Development Status: Proposed
  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 101406244313240744
  • Zoning Description: R-1D*

Tax Info

  • Tax Annual Amount: 527.48

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $527 $9,566 $9,566 $0
2023 $529 $9,566 $9,566 $0
2022 $520 $9,566 $9,566 $0
2021 $520 $9,566 $9,566 $0
2020 $520 $9,566 $9,566 $0
2019 $520 $9,566 $9,566 $0
2018 $520 $9,566 $9,566 $0
2017 $517 $9,566 $9,566 $0
2016 $514 $9,566 $9,566 $0
2015 $9,566 $9,566 $9,566 $0
2014 $502 $9,566 $9,566 $0
2013 -- $9,566 $9,566 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $700,000 -3.4% $408 / Sq Ft
07/04/2025 07/04/25 For Sale $725,000 -- $423 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Warranty Deed -- Accommodation
Contract Of Sale $105,000 Landamerica Albuquerque Titl
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $389,325 Construction
Previous Owner $85,000 Seller Take Back
Source: Public Records

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Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1087300

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-062-443132-4-07-44