Check out these 7 New Mexico homes for sale under $500k, featuring modern designs and affordable prices. Whether you’re a first-time buyer or looking to upgrade, these homes provide great options.
110 Sutton Pl | $475,000


Pete French

Pete French
One bedroom condo at Snakedance Condos include remodeled kitchen in 2022, gas log fireplace, high-end cabinetry. Very short walk to main lift, ski locker, package store/deli, on-site management company with proven track record.
Listing details: Prime location in Taos Ski Valley, convenient to Plaza area and ski lifts.
- Price:
- $475,000
- Size:
- 622 sq ft
- Contact:
- Pete French, Coldwell Banker , +1 575.770.4322
Cozy Home, Spectacular Views! | $399,999


Angel Fire & Lisa Mitchell

Angel Fire & Lisa Mitchell
Fabulous views, a cute and comfortable home with great outdoor living areas….what more could you want? The kitchen is roomy and functional and the spacious primary suite features an enviable bathroom and shower with plenty of closet space. This home is outside of the Angel Fire Resort -so no membership fee – but just minutes from the slopes, golfing, restaurants and grocery store.
Listing details: There are plenty of windows giving you great views from every direction. Bonus! The home is situated on a greenbelt making your acreage seem even larger and offering plenty of opportunities to sip your favorite beverage while watching the wildlife amble by. The property also includes a fenced-in back yard, a greenhouse, shed, and the private well on the property has a shared agreement with 3 neighbors.
- Price:
- $399,999
- Size:
- 1,920 sq ft
- Contact:
- Angel Fire & Lisa Mitchell , Coldwell Banker, +1 918.260.7680, 575.377.5189
22 Carlowe Rd | $472,000


Kevin Branum

Kevin Branum
Escape to the wide-open spaces with this 42-acre homestead near Gallup, NM. Featuring two homes, equipment sheds, a chicken coop, and more, it’s ready for your rural living dreams.
Listing details: Enjoy clean air, stunning views, and nearby essentials. Perfect for growing food and outdoor adventures, with easy access to Bluewater and Lyman Lakes.
- Price:
- $472,000
- Size:
- 3,300 sq ft
- Contact:
- Kevin Branum, Hayden Outdoors Real Estate , +1 575.760.7460
Custom-built Residence Nestled On 3.4 Acres |$340,000


Ramona S Kilpatrick

Ramona S Kilpatrick
Your search for a country home with acreage close to town ends here. This custom-built residence features four bedrooms, three full baths, and an open-concept living area, dining room, and kitchen. Three bedrooms and two baths are located on one side of the house, with a guest-friendly bedroom and bathroom on the other. The property includes a two-car garage and an additional room under construction, potentially adding 786 square feet or serving as a patio.
Listing details: Nestled on 3.4 acres, the home showcases custom cabinetry, ample closet space, a metal roof, and a covered front porch. Schedule a visit today to all this home has to offer.
- Price:
- $340,000
- Size:
- 2,310 sq ft
- Contact:
- Ramona S Kilpatrick , Re/Max , +1 575-302-0326
13601 Covered Wagon Ave SE | $424,900


Leo Martinez

Leo Martinez
Brand new home, 4 Bedrooms, 3.5 baths. Come and take look a this beautiful home. Refrigerated A/C two units. Tankless water heater. Fully landscaped. Smart garage door opener.
Listing details: Close to I 40. Seller is working on getting the home finish about 1 week.
- Price:
- $424,900
- Size:
- 2,244 sq ft
- Contact:
- Leo Martinez , Martinez Realty , +1 505.850.6202
Perfect Property To Raise Cattle Or For The Horse Enthusiasts | $478,700


Kerry J. Mccullar

Kerry J. Mccullar
Charming 4-Bedroom Manufactured Home on 232+ Acres with Bonus Room and Expansive Outdoor Features. This spacious 4-bedroom, 2-bath residence boasts 2, 456 square feet of newly painted, luxury vinyl flooring installed, open-concept living space, perfect for families and entertaining. Set on a stunning 232 acres, this property offers endless opportunities for outdoor activities and exploration.
Listing details: This expansive property is a must-see for anyone seeking a blend of comfort, functionality, and serene country living. Schedule your showing today!
- Price:
- $478,700
- Size:
- 2,576 sq ft
- Contact:
- Kerry J. Mccullar, Re/Max , +1 817.559.1018
Historic Hot Springs Property | $340,000


Virginia Henry

Virginia Henry
Truth or Consequences, this Old Western town is full of History from Apache Indians, Geronimo and Miners up in the Gila looking for Gold! Geromino used to soak in the Hot Springs in this town back in the late 1880’s. This funky cool town is located on the banks of the Rio Grande in Southern NM. The weather is great here and there is the State’s larg- est lake that provides excellent boating, fishing and camping, Elephant Butte State Park! On Hol- idays this area can get over 100,000 people! This property has 3 acre feet of those healing waters, Hot Springs Mineral Water, ready to be taped for a bath house.
Listing details: 11 spaces and room for more rent $380 per month plus two mobile homes go with the property rent for $700 and $800. Two room office. Community shower. Small coin operated laundry room. Partially finished apartment. 7 double spac- es under a turn of the century shade structure. (10 including converted into a dog area) formerly 22 at its peak. The hot spring well with 3 acre feet is registered with NMOSE.
- Price:
- $340,000
- Size:
- 1,200 sq ft
- Contact:
- Virginia Henry , Santa Fe Bound Real Estate , +1 505.500.6447











