The luxury neighborhood known as Four Hills rests on the edge of Albuquerque, nestled between the foothills of Sandia Mountains and Kirtland Air Force Base. Four Hills is close to shopping, schools and transportation routes. With homes ranging from $250,000 and up, Four Hills offers luxury living and all the amenities you dream of including a country club, golf club, tennis courts, a cafe and a heated, Olympic sized pool.
Originally developed in the early 1960's, the neighborhood remains popular with home buyers today. Home prices vary greatly in the neighborhood depending on the amount of updates. Remodeled homes can sell for up to $140 per square foot while homes that have not been updated can sell for below $100 per square foot.
Home sales were up in 2014 slightly from 2013. The average sales price for single-family, detached homes was $297,027. The percentage of REO sales and short sales made up a small portion of the real estate market, around 6%of the sales.
Homes in Four Hills are great homes to purchase and update. The homes that have been updated can sell for a pretty penny.