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Elevated Residential Development Land
For Sale
$1,400,000

710 Perfecto Lopez Rd, Corrales, NM 87048

7.4-acre parcel with elevated landscape views, including a house and outbuildings conveyed in as-is condition.

Property Size1,568 SF
Lot Size7.40 Acres
Price / SF$892.86
Days on Market122

Property Features for 710 Perfecto Lopez Rd

General Information

Standard status Active
Size 1,568 SF
Lot size 7.40 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,494
Listing Agency: Momentum Real Estate Group
Listed By: Margaret L Henderson · License #54392
Source: Exprealty
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 7 at 10:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Momentum Real Estate Group

Investment Insights

Based on property information with market context.

This offering is a 7.4-acre residential land parcel with elevated topography and view-oriented setting. The property includes an approximately 1,568-square-foot home and outbuildings. Existing structures are conveyed in as-is condition, and the listing is presented primarily for the land value and future redevelopment, subdivision, or private estate use, with all possibilities to be verified with the Village of Corrales.

Located within the Village of Corrales, the property’s elevated position is intended to support homesites designed around surrounding landscape views. The seller notes it is among the last remaining large parcels in the area, which may be of interest to buyers seeking larger tracts for long-term planning.

For buyers and developers, this site offers a practical platform for creating view-focused residential lots or a single estate approach, using the existing improvements as-is or planning around them. Because intended uses require confirmation with the Village of Corrales, prospective buyers should conduct due diligence on subdivision and redevelopment options during their evaluation.

Key Highlights

  • 7.4‑acre parcel in the Village of Corrales with elevated, surrounding landscape views
  • Includes a 1,568 sq ft home and outbuildings, conveyed in as‑is condition
  • Offered primarily for land value and future potential, with options to explore redevelopment, subdivision, or a private estate (buyer to verify with the Village of Corrales)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Law Firm Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 87048, NM

8,888
Population
4,079
Households
2.2
Avg Household Size
58
Median Age
51%
College-Educated
96%
High-School Grad
11.0 sq mi
ZIP Area
808
Density / Sq Mi
$112,716
Median Household Income
$53,479
Median Earnings
$1,184
Median Rent
$552,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7.4-acre parcel with elevated landscape views, including a house and outbuildings conveyed in as-is condition.
Where is this residential land & home lot located?
The property is located at 710 Perfecto Lopez Rd Corrales, NM.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 7.4‑acre parcel in the Village of Corrales with elevated, surrounding landscape views; Includes a 1,568 sq ft home and outbuildings, conveyed in as‑is condition; Offered primarily for land value and future potential, with options to explore redevelopment, subdivision, or a private estate (buyer to verify with the Village of Corrales)
More about this property
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