Homes Under $400K in Edgewood

Find affordable homes under $400,000 in Edgewood, New Mexico. These budget-friendly properties offer great value for first-time buyers, investors, and anyone looking for an affordable entry into the market.

Showing 17 listings in Edgewood.

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17 Properties
$399,000

Welcome to your country oasis! Situated on 1 acre with sweeping, unobstructed views of South Mountain. This 3 bed 2 bath home is located in a cul de sac and close to everything Edgewood has to offer. A quick drive to the ABQ area makes commuting a breeze. High ceilings and the open floorplan make this home feel spacious and comfortable. Plenty of space for your toys, animals or anything you can dream of! The additional loft area adds extra square footage for a bonus room, flex space or an office. A beautiful property tucked away on a quiet road, ready for new owners. Come take a look today and make it your own!

3
BEDS
2
BATHS
1,939
SQFT
1
ACRES

Enjoy the privacy and natural beauty of this spacious Edgewood property situated on just over an acre. The fenced corner lot offers a peaceful natural landscape with plenty of room for horses and other animals. Inside, the generous primary suite features a large walk-in closet with skylight and sliding glass door that opens to the outdoors, allowing you to take in the beautiful New Mexico surroundings. Saltillo tile adds warmth and character throughout the main living areas. The large kitchen provides ample workspace and a convenient eat-in dining area. The living room features a wood-burning stove, creating a cozy space for chilly winter evenings. Leased solar helps provide energy-efficient living and lower utility costs. A detached garage with additional storage offers added convenience and flexibility. A great opportunity to enjoy space, privacy, and the New Mexico lifestyle.

3
BEDS
2
BATHS
1,662
SQFT
1.07
ACRES
$374,999
-$10,001

Enjoy peaceful mountain living in this inviting 3-bedroom, 2-bath home filled with natural light and beautiful views of South Mountain. Expansive windows bring the outdoors in, creating a bright and welcoming atmosphere throughout the home.The upstairs bedroom is already plumbed for an additional bathroom, offering exciting potential for a second primary suite, private guest retreat, home office, or flexible living space to suit your needs.Step outside onto the deck and take in the fresh mountain air, scenic surroundings, and beautiful sunsets. Tucked into a tranquil mountain setting yet just minutes from shopping, dining, and everyday conveniences, this home offers the perfect blend of peaceful living and easy accessibility.

3
BEDS
2
BATHS
2,124
SQFT
1.48
ACRES

18 Brent Drive, Edgewood

Capital Valley Estates
$335,000
-$5,000

Fresh air, open space, and a completely renovated home come together at 18 Brent Drive in Edgewood, NM. Set on two acres, this 1,792 sq ft manufactured home offers three bedrooms and 2.5 baths on a permanent foundation. A covered front porch, back deck and screened porch off the den expand the living areas to the exterior, while the kitchen has been updated with new cabinets, granite countertops, and a practical layout. Wood-look tile adds a durable finish throughout the living areas. The primary suite, conveniently located on the opposite end of the home from the other bedrooms, features beautifully updated dual sinks, a separate tub, and a separate shower. Major improvements include a new metal roof, new 3-ton Rheem heat/cool system with refrigerated air, new water heater, completely re-plumbed and insulated water supply lines underneath, and an owned water softener system. The home is all electric with no propane, and reinforced blocking is in place for TV mounts. A wood-burning fireplace provides a cozy focal point in the second living space, and all appliances convey with the sale. Outside, three sheds provide additional storage, while the fully fenced two-acre parcel offers room for future improvements. Plenty of space for RVs, trailers, etc. Horses are permitted, although there are currently no horse facilities on the property. With no HOA and an easy commute to Albuquerque, this Edgewood property offers updated living space, usable acreage, and flexibility for what comes next.

3
BEDS
3
BATHS
1,792
SQFT
2
ACRES
$320,000

A great find in Edgewood: 2.5 fenced acres built for horses and privacy. This inviting 3-bedroom, 2-bathroom brick home features a durable metal roof and 1-car garage, with a large fenced corral, stable, and barn ready for your animals now. Tucked into a private, quiet setting just minutes from a charming small town, it's the kind of space that's hard to find. Room to roam, room to ride, and a home that's ready when you are. Come experience true horse-property living in Edgewood, New Mexico.

3
BEDS
2
BATHS
1,407
SQFT
2.5
ACRES

Discover the comfort and space of brand-new construction on approximately 1 acre in Edgewood. This 4-bedroom, 2-bath home offers a functional layout with modern finishes, an inviting kitchen with bright cabinetry and stainless-steel appliances, and a spacious living area filled with natural light. Refrigerated air keeps the home comfortable year-round, while 2x6 exterior wall construction, upgraded insulation, and a durable metal roof provide added efficiency for heating and cooling. The property also includes a detached 2-car garage, plenty of outdoor space, and EPCOR community water. Enjoy the benefits of a new home without giving up the charm of an established neighborhood.

4
BEDS
2
BATHS
1,700
SQFT
1.06
ACRES

Welcome to this brand-new 4-bedroom, 2.5-bath manufactured home in Edgewood, NM, set on approximately 1 acre in an established neighborhood. The open floor plan features modern finishes, refrigerated air, and a spacious kitchen with an eat-at island. A large laundry room adds convenience and storage. Built with 2x6 exterior walls, upgraded insulation, and a durable metal roof, this home is designed for improved energy efficiency and better temperature control for heating and cooling. Outside, enjoy a 25' x 33' detached 2-car garage with plenty of room for vehicles, storage, or hobbies. Served by EPCOR community water.

4
BEDS
3
BATHS
1,820
SQFT
1.44
ACRES

The one you've been looking for! This beautifully updated 4-bedroom, 2-bath home sits on a fully fenced and gated 1-acre lot shaded by mature trees, offering the perfect balance of privacy, comfort, and convenience. The renovated kitchen features granite countertops, stainless steel appliances, and opens to the spacious living area, where a cozy fireplace and large sliding doors create an inviting space for everyday living and entertaining. Abundant windows and skylights fill the home with natural light, while refrigerated air keeps you comfortable year-round. The private primary suite is thoughtfully separated from the additional bedrooms and includes a full en-suite bath and two walk-in closets. Energy-saving solar panels help keep electric costs remarkably low. Ideally located just minutes from shopping, schools, and freeway access, you'll enjoy a quick commute to Albuquerque while coming home to the space and tranquility of country living. Schedule your private showing today!

4
BEDS
2
BATHS
1,680
SQFT
1
ACRES

REC available for this Charming Modular Home on 2.5 Private Acres in Edgewood, NM.Welcome to this well-maintained 3-bedroom, 2-bathroom Karsten modular home, perfectly situated on 2.5 sprawling acres in desirable Edgewood. This property offers the space and privacy New Mexico buyers love, with room to roam, build, or simply enjoy wide-open skies.Inside, you'll find a comfortable, functional floor plan ideal for everyday living. The seller is committed to a smooth transaction and is offering a $3,000 credit giving buyers the flexibility to make this home their own from day one.With 2.5 acres to enjoy, there's plenty of room for animals, gardening, workshops, or outdoor recreation, all just a short drive from Albuquerque.Don't miss this opportunity to own land and a home with room to grow. Schedule your showing today!

3
BEDS
2
BATHS
1,941
SQFT
2.5
ACRES

This inviting Edgewood home pairs comfortable living spaces with the wide-open skies and mountain views that make New Mexico living so memorable. Inside, the flexible floor plan offers 3 bedrooms, 2 baths and two separate living areas--plenty of room to gather, relax, work from home or simply spread out. The family room has a warm, welcoming feel, anchored by a wood stove with a beautiful stacked-stone surround that adds character and creates a natural gathering place. Step outside and you'll find just as much to enjoy. Covered patios invite slow mornings with coffee, evening meals outdoors and front-row seats to colorful New Mexico sunsets. The fenced property offers room to garden, play, enjoy your pets or create the outdoor space you've been imagining, while multiple storage sheds provide welcome space for tools, equipment and hobbies. With mature trees, established outdoor spaces, mountain vistas and nearly an acre to call your own, this is more than a house--it's a comfortable country home ready for its next chapter.

3
BEDS
2
BATHS
1,472
SQFT
0.85
ACRES

Nestled in the peaceful East Mountains, this charming Edgewood property offers space, privacy, & the beauty of NM living. Situated on a generous lot, this 4-bedroom, 2-bath home provides approximately 1,456 square feet of comfortable living space with a functional layout & abundant natural light. The property features durable stucco construction, & fully fenced yard, offering flexibility for vehicles or storage. Enjoy wide open skies, fresh mountain air, & room for animals, hobbies, or outdoor entertaining. Conveniently located with easy access to Albuquerque, this home delivers the perfect balance of quiet country living and everyday convenience in a scenic Edgewood setting. Financing available- USDA, FHA, VA, Cash & Seller Financing.

4
BEDS
2
BATHS
1,456
SQFT
1.24
ACRES
$305,000

Nestled on a fully fenced acre in Edgewood, this 4 (possible 5) bedroom/bonus room, 2-bath home offers space, flexibility, and thoughtful updates throughout. The kitchen features updated cabinets, countertops, and an extended island for added prep space and gathering. The primary bathroom has been beautifully updated with a new vanity and tiled shower. Additional improvements include some updated flooring, water heater, and septic replaced in 2024. Outside, enjoy room for a garden, outdoor entertaining, and a dedicated space for animals.

4
BEDS
2
BATHS
2,115
SQFT
1.4
ACRES

***REC POSSIBLE!!*** Beautifully remodeled and move-in ready! This spacious 5-bedroom, 2-bath home offers over 2,000 sq ft of updated living space on 1.1 usable acres within Edgewood city limits. Enjoy a stunning new kitchen with quartz countertops, new cabinetry, and stainless steel appliances, plus updated bathrooms including a freestanding soaking tub in the primary suite. Major upgrades include new plumbing, HVAC, water heater, windows, and doors. Luxury vinyl plank flooring throughout with no carpet. Perfect for horses, animals, RVs, and outdoor living with plenty of usable space. Converted to real property and fully financeable!

5
BEDS
2
BATHS
2,052
SQFT
1.1
ACRES
$339,000
-$16,000

**Price improvement**Spacious 5-bedroom, 3-bath new construction. Installation complete. In the heart of Edgewood. Situated on a fully fenced 1.09-acre lot, this property offers room to spread out with modern comfort and convenience. Built with natural gas and connected to community water. Minutes from Walmart, dining, easy access to I-40. Home features an open-concept layout, refrigerated air, Ecobee Smart Thermostat that you can operate remotely on your phone with app, Energy Star appliances, stylish white cabinetry, and a spacious kitchen flowing into the main living area ideal for everyday living and entertaining. Additional living area perfect for a den, office, playroom or bonus room. Exterior boasts durable Smart Panel siding with a 30-year warranty. This home will have a 12x10 covered porch with a concrete pad. A rare find! Photos are of a model home.

5
BEDS
3
BATHS
2,001
SQFT
1.09
ACRES
$395,000

NEW PRIVATE WELL being installed at a cost of approximately $45,000.00 NEW Carpet just installed. Well maintained, light, bright, open floor plan with Cathedral Ceilings in the main Living, Dining and Kitchen areas. New roof at the beginning of 2026. New Water Heater Jan. 2024. Spacious Kitchen with large pantry. Separate Primary Suite with two walk-in closets and full bathroom on one side of home. Full Bathroom and Two Bedrooms, one with walk-in closet, on the other side of the home. Wood Burning, corner fireplace in the Living Room . Covered patios on the front and back of home. Finished two car garage with tons of custom, built-in cabinets. Newer storage shed. Refrigerated Air and Forced Air Heat. Mostly level 2.08 acre lot.

3
BEDS
2
BATHS
1,626
SQFT
2.08
ACRES

Seller financing available with below-market rates for qualified buyers. Ask about financing that may make ownership more affordable than many rental options. Rare opportunity to own 40 usable acres in Edgewood with the water, infrastructure, and improvements already in place to start enjoying country living from day one. A private 600' well producing approximately 25 GPM feeds a 3,000-gallon cistern, complemented by a conventional septic system and an established garden area with drip irrigation and timers. The clean, well-maintained 2016 Clayton home is situated on a permanent foundation and offers 3 BR / 2 BA with refrigerated A/C, electric forced-air heat, and a woodstove for backup heat and ambiance. Recent improvements include a metal roof, water heater, refrigerator, and carpet. Whether your vision includes homesteading, horses, livestock, hobby farming, RVs and equipment, or simply a private retreat with room to breathe, the property is ready for it. Additional improvements include a 3-car carport, 40' storage container, two greenhouses, and chicken coop with secure run. Enjoy wide-open New Mexico skies, mountain views, memorable sunrises and sunsets, and very little traffic. The acreage may also offer future development or split potential. Santa Fe County Residential Estate zoning has a 2.5-acre minimum lot size; any subdivision or development is subject to county approval and independent buyer due diligence. Matterport 3D tour available--explore the home online before your visit. Seller financing terms are negotiable and subject to seller approval.

3
BEDS
2
BATHS
1,190
SQFT
40
ACRES
$399,000

Under Construction on 1.89 Acres! This 3 bedroom, 2 bathroom home offers the opportunity to own a brand-new build on a spacious 1.89-acre lot. Designed with modern living in mind, this home will feature a functional floor plan, quality finishes, minisplit HVAC and plenty of room to enjoy the surrounding wooded space. Secure it early and make it yours before completion! +/- 90 day build time. Lock it in now. Excellent lot.

4
BEDS
2
BATHS
1,707
SQFT
1.89
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.