#1080121, Tonia R Hendrickson, Listing Office: La Puerta Real Estate Serv LLC
20 Ridge Rd Placitas, NM 87043
Property details
About 20 Ridge Rd
Nestled in the picturesque landscape of Placitas, New Mexico, 20 Ridge Rd offers a unique blend of Southwestern style and contemporary comfort. This 4, possible 5, bedroom, 3-bathroom custom built adobe home spans 3,452 square feet and is situated on a sprawling 2.5-acre lot, with no HOA, providing ample space and privacy. Key Features: Income-Generating or Multi-Gen Potential: The home boasts a successful Airbnb setup, generating over $17,000 in gross income last year, and numerous positive ratings, offering a lucrative opportunity for supplemental income. Equestrian Facilities: Equipped with a horse paddock and loafing sheds, this property is a haven for horse enthusiasts. Authentic Southwestern Design: The adobe architecture reflects the rich cultural heritage of the region, offering a warm and inviting atmosphere. Indoor and Outdoor Living Spaces: Multiple indoor and outdoor areas cater to both relaxation and entertainment, allowing residents to fully embrace the serene surroundings. Breathtaking Views: Expansive windows throughout the home frame stunning views of the Sandia Mountain range and the Sangre de Cristos, creating a seamless connection between indoor comfort and outdoor beauty. Location, Location...Located in the tranquil community of Placitas, only 15 minutes from Albuquerque, and 30 from Santa Fe, this property provides a peaceful retreat while still being within reach of local amenities and attractions. Whether you're seeking a private residence, an equestrian estate, or an investment opportunity, 20 Ridge Rd combines versatility with timeless Southwestern allure.
Highlights
Virtual tour
Summary
- MLS Number: 202501256
- MLS Name: SFAOR
- Office Name: Keller Williams Realty
- Office Phone: (505) 271-8200
- Office Email: alice@swcp.com
- Listing Agent: Lisa Godin
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Last updated on: 4/23/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$850,000
20 Ridge Rd
$10,000
closing credit¹
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $222,459 | $4,881 |
2023 | $152,921 | $3,411 |
2022 | $148,467 | $3,312 |
2021 | $144,143 | $3,270 |
2019 | $139,944 | $3,249 |
2018 | $135,868 | $2,862 |
2017 | $131,911 | $2,809 |
History based on county public records data.
Nearby schools
3
Bernalillo Elementary School
Public District 3-5
3.0 mi
•301 Calle Del Carbon
9
Placitas Elementary School
Public District PK-5
4.2 mi
•5 Calle Del Carbon
3
Algodones Elementary School
Public District PK-5
5.1 mi
•1300 Highway 313
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,453. The most common annual income of people living in Placitas, NM is less than $<35k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
Living in Placitas, NM
About 20 Ridge Rd
This home is located at 20 Ridge Rd in Placitas, NM and zip code 87043. This 3,452 square foot home, which was built in 1971, sits on a 2.50 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $850,000.
Over 2 listings were sold over their listed price in March 2025 in Placitas, NM. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Placitas, NM decreased by 8.1% between February and March 2025. In March 2025 median list price was $699,900 and the average listing age was 34 days.