Los Lunas Homes under $500,000

Welcome to Los Lunas, New Mexico, a vibrant and growing community nestled in the heart of Valencia County. Just a short drive from Albuquerque, Los Lunas offers the perfect blend of small-town charm and easy access to urban amenities, making it an ideal place to call home. With its stunning desert landscapes, rich cultural heritage, and a warm, welcoming atmosphere, Los Lunas is a hidden gem in the Land of Enchantment.

For those seeking affordable housing options, Los Lunas has an impressive selection of homes under $500,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for a family-friendly neighborhood, you’ll find a variety of properties that cater to diverse lifestyles and budgets. From cozy single-family homes with spacious yards to modern townhouses in well-planned communities, there’s something for everyone in this flourishing market.

The town boasts excellent schools, beautiful parks, and a strong sense of community, making it a wonderful place to raise a family. Enjoy weekend outings at the nearby parks, explore the local shops and restaurants, or take advantage of the numerous recreational activities available in the area. With a rich history and a commitment to growth, Los Lunas is not just a place to live; it’s a place to thrive.

Explore the possibilities of homeownership in Los Lunas today! With homes available under $500,000, your dream home is within reach in this enchanting New Mexico town. Join the community and experience the warmth and charm of Los Lunas for yourself!

Newest Los Lunas Homes under $500,000

$285,000

3 Beds ⋅ 3 Baths

Welcome to this inviting 3-bedroom, 2.5-bath, two-story townhome in Los Lunas. The comfortable floor plan offers a spacious living area with a gas log fireplace and a separate dining room. Step outside to a charming backyard with grass, mature trees, and rose bushes, providing a great space for relaxing, gardening, or entertaining. Notable improvements include a roof replaced in 2016, water heater in 2013, and HVAC system replaced approximately 8-10 years ago. This townhome offers a nice combination of comfortable indoor living and an appealing outdoor space.

635 Reeves Place SW, Los Lunas

$275,000

4 Beds ⋅ 2 Baths

Enjoy country living with the convenience of nearby amenities in this brand NEW 4-bedroom home in Los Lunas! Situated on just over half an acre, this property offers incredible views, plenty of outdoor space, and a peaceful setting while still being close to shopping, dining, and more. Inside, you'll appreciate the bright, open floor plan that creates a welcoming space for everyday living and entertaining. Upgrades include a metal roof and refrigerated air for year-round comfort. With beautiful views and room to make the property your own, this home offers the perfect combination of space, comfort, and convenience!

704 Juan P Sanchez Road SW, Los Lunas

4837 Guadalupe Peak Street SW, Los Lunas

$450,000

4 Beds ⋅ 3 Baths

Welcome home to this spacious and inviting 4-bedroom property offering comfort, functionality, and room for everyone! Featuring a desirable junior suite, perfect for guests or multi-generational living, this home offers a versatile floor plan to fit your needs. Enjoy a generously sized laundry room complete with a utility sink, along with a tiled bonus room ideal for a game room, hobby space, or additional entertainment area. Step outside to a beautifully landscaped backyard designed for relaxation and entertaining, offering added privacy with no neighbors directly behind the property! With its flexible living spaces, thoughtful features, and inviting outdoor retreat, this home is one you won't want to miss!

4837 Guadalupe Peak Street SW, Los Lunas

$469,000

2 Beds ⋅ 2 Baths

Upgrades take center stage in this beautifully enhanced home in Jubilee, Los Lunas' premier gated 55+ community. Offering 2 bedrooms, 2 baths, and a versatile bonus room ideal for an office, hobby space, or additional living area, this home was heavily optioned during construction and thoughtfully improved well beyond. Enjoy tile flooring throughout, GE Cafe appliances with an induction cooktop and custom vented hood, expanded kitchen counters, an oversized pantry, custom backsplash, cabinet lighting, and a Kinetico reverse-osmosis and water-softening system. Seller-owned solar panels help keep utility costs low. The primary suite features a no-curb custom shower, while both baths include grab bars for added convenience. Outside, the fully landscaped backyard is designed for enjoyment, with an expanded covered patio, pergola, terraced stonework, turf, flagstone walkway, painted block walls, and a fountain. Jubilee residents enjoy a clubhouse, pool, pickleball courts, fully equipped fitness center, and more, all with easy freeway access near shopping, dining, services, and local amenities.

481 Pecos River Road SW, Los Lunas

$230,000

3 Beds ⋅ 2 Baths

Step into this move-in-ready single-story home where modern elegance meets comfort. The floor plan welcomes you with gorgeous, CARPET-FREE flooring throughout, offering a clean, contemporary aesthetic and low-maintenance living. Every inch of this residence has been meticulously refreshed with stylish finishes and plenty of natural light.The true crown jewel of this property is the massive backyard oasis, perfectly designed to maximize the breathtaking, panoramic views. Relax or entertain on the spacious built-in deck, lounge under the shade of the elegant pergola, or enjoy the lush greenery. It is a peaceful, private retreat that seamlessly blends indoor and outdoor living.This turn-key home combines modern updates with an outdoor paradise. Schedule your private showing today to experience these incredible views and features in person!

117 Vissing Place, Los Lunas

$461,500

4 Beds ⋅ 2 Baths

Welcome to this beautifully designed 4 bedroom, 2 bath home in the desirable Legacy at Sierra Vista community of Los Lunas! Featuring a 2 car garage, high ceilings, and a spacious open floor plan, this home offers a beautiful layout designed for both comfortable living and effortless entertaining. The exquisite Tuscan-inspired exterior creates a warm and elegant first impression, while the interior showcases luxury details, modern design, and thoughtfully appointed spaces throughout. Enjoy the convenience of being close to shopping, dining, schools, and many of the area's best amenities. With its inviting design, generous living spaces, and beautiful finishes, this home is a must see! Come see it today and experience all it has to offer.

374 W Adeline Avenue SW, Los Lunas

$420,000

3 Beds ⋅ 2 Baths

Easy living meets an active lifestyle in Jubilee Los Lunas! This move-in ready home features an open floor plan with a spacious kitchen island, custom cabinetry, and comfortable living space perfect for gathering or relaxing. A versatile flex room offers options for a home office, den, hobby room, or third bedroom. Thoughtful features include no carpet, a large laundry room with sink and extra storage, and built-in cabinetry in the garage. Outside, the landscaped backyard keeps maintenance simple so you can spend more time enjoying everything Jubilee has to offer. This vibrant 55+ community features resort-style amenities including a clubhouse, fitness center, pool, hot tub, pickleball courts, putting green, driving range, and an active calendar of community activities. Come discover a home--and a lifestyle--designed to be enjoyed!

590 Rio Chama Circle SW, Los Lunas

$239,000

3 Beds ⋅ 2 Baths

1 Natividad, Los Lunas

$417,500

4 Beds ⋅ 3 Baths

Stunning all-brick Sivage Thomas residence offering timeless elegance, exceptional space, and breathtaking mountain views in a highly desirable Los Lunas location! From the moment you arrive, the beautiful curb appeal and meticulously landscaped grounds set the tone for this impressive home. Inside, an expansive floor plan creates an inviting space for both everyday living and entertaining. The beautifully appointed kitchen flows into a charming breakfast nook and sunroom. In addition the kitchen is equipped with a range/stove with both gas and electric hookups, offering flexibility for your preferred appliance. Upstairs, the luxurious primary suite is a private retreat, complete with its own balcony where you can relax and take in beautiful mountain views. Step outside to enjoy the thoughtfully landscaped yard, featuring a lush lawn, fruit trees, and beautiful rose bushes. Walking trails border two sides of the property, creating additional separation from neighboring homes and a wonderful sense of openness. With a 3-car tandem garage, dedicated RV parking, and an expansive city lot, this exceptional property combines elegance, comfort, and convenience. Just minutes from I-25, shopping, dining, and schools, this is a rare opportunity to own a truly special home in Los Lunas!

1521 Bosque Vista Loop NW, Los Lunas

$295,000

3 Beds ⋅ 2 Baths

Welcome to 1094 Pandora Dr in Los Lunas! This 3-bedroom, 2-bath home offers a functional layout with unique features inside and out. The interior is highlighted by custom sinks that add character and a distinctive touch to the home. One of the standout features is the drive-through garage, providing direct access from the front of the property through to the backyard. The backyard also features a rear gate with access to the main road, creating added flexibility for vehicles, trailers, recreational equipment, or backyard access. A powered storage shed with electricity provides additional space for storage, projects, or hobbies. Energy-conscious buyers will appreciate the 16 paid-off solar panels, offering the benefits of solar without an ongoing solar payment. Additional improvements include a water heater installed in September 2026. With versatile access, useful outdoor space, paid-off solar, and features you won't find in every home, 1094 Pandora Dr is ready for its next owner.

1094 Pandora Drive SW, Los Lunas

$445,000

5 Beds ⋅ 3 Baths

Space like this is hard to find! Welcome to 940 Colibri, offering an impressive amount of living space with three oversized living areas, giving you incredible flexibility for entertaining, relaxing, a game room, media space, home office or whatever fits your lifestyle.Even better, the seller is offering a $10,000 buyer credit, providing added flexibility toward allowable closing costs, repairs, updates or an interest rate buydown, subject to lender approval.With three full bathrooms and a bedroom conveniently located downstairs, the floor plan offers great options for guests, multigenerational living or anyone wanting additional privacy. The oversized primary suite provides plenty of room to unwind, while the updated kitchen cabinets add a fresh touch to the heart of the home.Located near Los Lunas High School with convenient access to I-25, shopping, dining and everyday amenities. If you've been searching for a home with room to spread out, multiple living spaces and the kind of square footage that is increasingly difficult to find, 940 Colibri is one you won't want to miss!

940 Colibri Avenue NW, Los Lunas

$329,900

3 Beds ⋅ 2 Baths

Pristine condition and modern aesthetic at a phenomenal price. Soaring ceilings, new roof 2025, luxury vinyl floors 2022, newer paint and hot water heater. Refrigerated air! Everything at 1771 Camino Rustica is turnkey. Be the first to take advantage of an amazing deal for a high-quality home. Join a quiet, friendly neighborhood with easy access to I-25 and Los Lunas conveniences.

1771 Camino Rustica SW, Los Lunas

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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-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.