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    24 Matisse Rd NE Albuquerque, NM 87123

    For Sale
    $1,375,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    8,134 SF
    Lot size:
    10.71 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 24 Matisse Rd NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 6, Bedroom 2, Bathroom 2, Bathroom 5, Bathroom 1, Basement, Bedroom 1
    Bedrooms
    2
    Bathrooms
    1
    APN
    102505709901830105
    Patio and Porch features
    Patio
    Exterior features
    Landscaping, PropaneTankOwned, Patio
    Fireplace
    1
    Appliances
    Dryer, FreeStandingGasRange, Washer
    Size
    8,134 SF
    Lot size
    10.71 Acres

    Utilities

    Utilities
    Propane
    Heating system
    Baseboard, Electric (Heating), Propane (Heating), Hot Water(Heating)
    Cooling system
    Varies by Unit

    Building Details

    Year built
    1946
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Carpet, Tile, Brick, Wood
    Building materials
    Frame, Concrete, Stone, Stucco

    Keller Williams Realty (505) 897-1100 [email protected]

    Listing agent Anne M Vallejos (505) 331-8306 License #41997

    Listing date Nov 24, 2025

    MLS# 1094511 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Route 66 Ranch Home

    This historic Route 66 ranch-style home, dating back to 1940, is situated on 10.7 acres. Originally part of a 200-acre Tres Pistoles Canyon homestead, the property features granite boulders and a history of notable visitors. The property includes 7 bedrooms, 6 bathrooms, and 8,134 square feet of living space, presenting a rare investment opportunity. In addition to the main house, there are two casitas, each with a private entry, driveway, and courtyard. The location offers views of the Sandia Mountains and convenient access to the National Forest for hiking, while remaining close to the Tramway/Central exit of I-40. The property retains its historical charm with original kitchen cabinets, classic bathtubs and showers, flooring, rock fireplaces, wrought-iron porches, and built-in BBQ pits. The main floor features a koi pond and privacy fence, while the lower back area offers shade trees. Extensive masonry and flagstone work, along with adobe, brick, and saltillo floors, and open wood ceilings, reflect Northern New Mexico charm. The property is located in Albuquerque, New Mexico.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Auto Repair Shop Hotel & Motel Bed & Breakfast Pet Store Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.446666
    Latitude
    35.068423

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    FAQs

    What type of property is this?
    Single family property - Historic Route 66 ranch home on 10.7 acres.
    Where is this single family property located?
    The property is located at 24 Matisse Rd NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - Historic Route 66 ranch-style home on 10.7 acres with granite boulders.; - Main house plus 2 casitas, each with private entry and courtyard.; - **7 beds, 6 baths, 8,134 sq ft - rare investment opportunity.**
    (505) 331-8306
    Request Owner's contact information
    24 Matisse Rd NE Albuquerque, NM 87123
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    Albuquerque, NM 87123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24 Matisse Rd NE Albuquerque, NM 87123
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