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    20 Blue Sky Corrales, NM 87048

    Sponsored
    For Sale
    $325,500

    LAND - Corrales, NM

    Lot size:
    1.00 Acre
    Days on Market:
    107
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 20 Blue Sky

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    R191237
    Lot size
    1.00 Acre

    Absolute Real Estate (505) 681-8578

    Listing agent Michael Schlichte (505) 318-6264 License #17987

    Listing date Sep 26, 2025

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corrales Land with Mountain Views

    This one-acre lot is located in Corrales, New Mexico. The property is intended for residential use, offering the opportunity to build a custom home. The lot features mature trees and views of the Sandia Mountains. It is located in a rural area, while still being close to city conveniences. The property offers space for horses, gardens, or a private retreat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Corrales
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6028897
    Latitude
    35.26525116

    Nearby Similar for Sale

    • $2,450,000
      26,286 SF

      Corrales Industrial Property For Sale

      Industrial property in Corrales with income potential.
      325 Academy Dr, Corrales, NM 87048
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - One-acre lot in Corrales with Sandia Mountain views.
    Where is this residential land & home lot located?
    The property is located at 20 Blue Sky Corrales, NM.
    What is the asking price?
    The asking price for this property is $325,500.
    What are key features of this property?
    This property features: - 1-acre custom home lot in the highly sought-after village of Corrales.; - Breathtaking views of the Sandia Mountains.; - Serene property nestled among mature trees.
    (505) 318-6264
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    20 Blue Sky Corrales, NM 87048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 Blue Sky Corrales, NM 87048
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