Why Live in Las Maravillas
Las Maravillas, a rural neighborhood in Tome, New Mexico, is located 30 miles south of downtown Albuquerque and home to 4,500 residents. This area is known for its peaceful environment, where residents enjoy activities such as horseback riding, fishing in the Rio Grande, and stargazing. The neighborhood features a mix of three-bedroom renovated ranch-style homes from the 1980s and early-1990s, as well as newer Craftsman-style homes in northern subdivisions like Manzano Vista. These homes often have brick facades, well-manicured yards, and sit on quarter-acre lots. Las Maravillas is safer than the national average, making it an appealing choice for families and young professionals working at nearby tech companies like Facebook’s data center.
Local amenities include the Las Maravillas Nature Trail and Community Park, which has a duck-filled pond and basketball court, and Cypress Estates Park, located 7 miles north, offering playgrounds for children. For outdoor activities, Tome Hill Park, 3 miles west, provides hiking trails with panoramic views of the Rio Grande Valley. Residents can also visit the Garden Gate Day Spa and Salon and the Green House Bistro, 6 miles northwest, for relaxation and dining. Shopping options include local thrift stores, Dollar General, and larger retailers like JCPenney at the Coronado Center shopping mall, 33 miles north. Groceries can be purchased at Albertsons, 8 miles northwest. The neighborhood is accessible via Rio Del Oro Loop and the Manzano Expressway, with Interstate 25 providing a route to downtown Albuquerque. The Presbyterian Hospital and Albuquerque International Sunport airport are approximately 28 miles north.
Home Trends in Las Maravillas, NM
On average, homes in Las Maravillas, Tome sell after 41 days on the market compared to the national average of 51 days. The median sale price for homes in Las Maravillas, Tome over the last 12 months is $277,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$277,000
Median Single Family Sale Price
$294,995
Average Price Per Sq Ft
$195
Number of Homes for Sale
29
Last 12 months Home Sales
109
Median List Price
$296,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%