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Residential Land with Home for Sale in Albuquerque, New Mexico

221 Homeland Rd NW, Albuquerque, NM 87114

$1,600,000
4.12 acres
Active
$400k drop
Est $8,314/mo

Extraordinary Opportunity for 4.12 acres of mostly clear land with VIEWS of mountains and hot air balloons!! Super Convenient location in the highly sought-after North Valley off 2nd St, between Alameda & Paseo del Norte! Over 180,000 square feet - huge potential, this property is a blank canvas just waiting for your creative touch. Currently zoned R-1 with public utilities already connected to the property via an existing 1700sqft home at the SW corner of the land. Imagine subdividing, building, or developing a lovely community. This location has convenient access and unbeatable flexibility- near shops, restaurants and freeway access. Developers will want to investigate the feasibility of re-zoning. Call to schedule a showing!

1,768
Sq feet
3
Beds
2
3/4 baths
1958
Built

Location

Street address
221 Homeland Rd NW
Community
North Valley
Elevation
4,996 feet
Coordinates
35.1854, -106.6167

Directions

From I-25 head west on Alameda, exit 2nd street and turn left (south), then turn right on Homeland Rd.

Property details

Acreage
4.12 acres
MLS #
SWMLS 1094500
Posted

Property taxes

Recent
$5,698

Parcels

  • 1-016-064-142-409-2-08-04

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Zoning
R-1

Lot

Features
Views

Exterior

Pool
Patio

Structure

Style
Ranch
Stories
1
Water
Public
Sewer
Public Sewer
Heating
Central, Forced Air, Natural Gas
Materials
Frame, Stucco
Roof
Shingle

Interior

Rooms
Bathroom x 2, Bedroom x 3
Flooring
Carpet, Laminate
Features
Main Level Primary

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected

Nearby schools

NameLevelDistrictDescription
AlamedaElementary
TaylorMiddle
ValleyHigh

Listing history

DateEventPriceChangeSource
Dec 12, 2025Price drop$1,600,000$400,000 -20%SWMLS
Nov 14, 2025New listing$2,000,000SWMLS
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This 4.12-acre property is located at 221 Homeland Rd NW in Albuquerque, NM 87114. The property is available for sale for $1,600,000. It has a 1,768 sq ft 3 bedroom house built in 1958.

Checked 7 hours ago — Updated

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