Gated Custom Home
For Sale
$299,000
12505 Bevan Way NE, Albuquerque, NM 87111
Land, Albuquerque, NM
Property SizeContact for details
Lot Size0.25 Acres
Days on Market184
Property Features for 12505 Bevan Way NE
General Information
Property type
Land
Property subtype
Other
Zoning
R-1D*
Subdivision
Plat Of Albuquerque Ranch Estates
Elementary school
Georgia O Keeffe
Middle school
Eisenhower
High school
Eldorado
Directions
From Tramway and Spain, Head West on Spain, Turn Right on Royal Oak Dr, Turn Right on Royal Oak St, Head North until you arrive at the gate of Albuquerque Ranch Estates, go through gate, and turn right on Melloy Way to 12505 Melloy Way NE.
Standard status
Active
APN
102206250217740167
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
Lt 2 Plat Of Albuquerque Ranch Estates, Unit II Cont .2470 Ac
Tax Annual Amount
1660
HOA Fee
$67 Annually
Legal Description
Lt 2 Plat Of Albuquerque Ranch Estates, Unit II Cont .2470 Ac
Listing Agency:
Maestas Real Estate Services
(505) 463-3565
Listed By:
Rachel Amy Bevan · License #53850
(505) 948-4115
Added: May 4
Changed: Oct 30
Last Checked: Nov 3 at 5:06AM
MLS# 1103947
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This is a 0.25-acre gated residential home lot in Albuquerque Ranch Estates, offered as a turnkey-ready pad site. The property is described as having an over-excavated and compact pad site, giving you a practical starting point for a custom build. Utilities are already stubbed at the street, including water, electric, gas, and cable, which can help streamline early planning and coordination.
Located within the Albuquerque Ranch Estates community, the lot is set in a gated environment with views of the Sandia and Manzano mountains. The listing information also notes that essential services are available at the street, supporting straightforward site development.
For buyers looking to design and build their own home, this parcel offers a controlled-access setting and a site prepared for construction, backed by utility availability at the curb. It may also appeal to custom homebuilders seeking a lot where major infrastructure needs are already underway at the street, allowing the focus to shift to design, layout, and final site execution.
Located within the Albuquerque Ranch Estates community, the lot is set in a gated environment with views of the Sandia and Manzano mountains. The listing information also notes that essential services are available at the street, supporting straightforward site development.
For buyers looking to design and build their own home, this parcel offers a controlled-access setting and a site prepared for construction, backed by utility availability at the curb. It may also appeal to custom homebuilders seeking a lot where major infrastructure needs are already underway at the street, allowing the focus to shift to design, layout, and final site execution.
Key Highlights
- Buildable lot in Albuquerque Ranch Estates with gated community access
- Utilities stubbed at the street: water, electric, gas, and cable
- Water source available: public water
Property Analytics
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Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
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Business Placement
Demographics for 87111, NM
56,121
Population
28,192
Households
2
Avg Household Size
45
Median Age
56%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
4,419
Density / Sq Mi
$84,511
Median Household Income
$52,350
Median Earnings
$1,310
Median Rent
$349,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Turnkey-ready lot within a gated Albuquerque community with utilities stubbed at the street for easy custom home planning.
Where is this residential land & home lot located?
The property is located at 12505 Bevan Way NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Buildable lot in Albuquerque Ranch Estates with gated community access; Utilities stubbed at the street: water, electric, gas, and cable; Water source available: public water
