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    Desert Luna Rd Corrales, NM 87048

    For Sale
    $560,000

    LAND - Corrales, NM

    Lot size:
    3.41 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 10 at 4:06 pm

    Property Features for Desert Luna Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1015069458475
    Lot size
    3.41 Acres

    Absolute Real Estate (505) 681-8578 [email protected]

    Listing agent Michael Schlichte (505) 681-8578 License #17987

    Listing date Oct 15, 2025

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Expansive Land with Mountain Views

    This 3.41-acre parcel, located in the Lands of Perea subdivision in Corrales, New Mexico, offers an opportunity to create a custom home, equestrian estate, or small development. The 148,540 sq ft lot, identified as Lot 17, Tract 12N, is zoned A-1. The property features mostly level topography and 360-degree views of the Sandia and Jemez Mountains. This property is located in one of New Mexico's most desirable communities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Corrales
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.625114
    Latitude
    35.259506

    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?
    Land - 3.41-acre lot in Corrales with 360-degree mountain views.
    Where is this land located?
    The property is located at Desert Luna Rd Corrales, NM.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: - Expansive 3.41-acre (148,540 sq ft) lot in Corrales' prestigious Lands of Perea subdivision.; - Zoned A-1, offering flexibility for a custom home, equestrian estate, or small development.; - Mostly level topography with **jaw-dropping 360-degree views** of the Sandia and Jemez Mountains.
    (505) 681-8578
    Request Owner's contact information
    Desert Luna Rd 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
    Desert Luna Rd Corrales, NM 87048
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