$399,000
PENDING $100K PRICE DROP

1408 Highway 116 Belen, NM 87002

Estimated payment $2,273/month

Total Views 136,615
3 Beds
2 Baths
1,901 Sq Ft
$210 Price per Sq Ft

Highlights

  • Barn
  • 8.5 Acre Lot
  • Private Yard
  • Stables
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

Sprawling 8.7-acre property with declared commercial water rights, perfect for versatile use. The inviting home features wood accents, a kiva fireplace, and Saltillo tile floors. A private back courtyard is perfect for entertaining or relaxing, while an electric entry gate provides easy access and added security to the fully fenced acreage--ideal for livestock, storage, or expansion. Complete with a barn and stalls for your four-legged friends, this property offers a rare blend of comfort, charm, and functionality. Come take a look today.

Listing Agent

Wendy Wallace

Realty One of New Mexico, LLC License #19042 Listed on: 09/26/2025

Realty One of New Mexico, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,628

Year Built

  • Built in 2009

Lot Details

  • 8.5 Acre Lot
  • Property fronts a highway
  • North Facing Home
  • Landscaped
  • Private Yard
  • Zoning described as RR-1

Home Design

  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,901 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1 007 026 025 189 000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,628

Year Built

Built in 2009

Lot Details

8.5 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: South on I-25 to Belen, take Exit 190 and turn right onto Highway 116 (old Hwy 85) home is about a 1/2 mile down the road on the right.
  • Year Built: 2009
  • Horses: Yes
  • Lot Size Acres: 8.5
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Electric Range
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Kiva
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1901.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Courtyard, Private Yard
  • Roof: Metal, Pitched
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Other Structures: Barn(s), Stable(s)
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Private, Well
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Green Features

  • Green Power: None

Lot Info

  • Current Use: Horses, Irrigation
  • Land Lease: No
  • Lot Size Sq Ft: 370260.0
  • Parcel #: 1 007 026 025 189 000000
  • Zoning Description: RR-1

Tax Info

  • Tax Annual Amount: 2628.0

3D Interior and Exterior Tours

Floorplan

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,126 $88,238 $12,506 $75,732
2024 $2,628 $88,591 $12,506 $76,085
2023 $1,730 $57,722 $13,205 $44,517
2022 $1,569 $56,065 $13,201 $42,864
2021 $1,431 $54,456 $13,197 $41,259
2020 $1,402 $52,895 $13,194 $39,701
2019 $1,358 $51,379 $13,194 $38,185
2018 $1,347 $51,379 $13,194 $38,185
2017 $1,305 $50,301 $13,194 $37,107
2016 $1,297 $48,861 $13,194 $35,667
2015 -- $47,462 $13,194 $34,268
2013 -- $44,786 $13,194 $31,592
2011 -- $130,518 $38,502 $92,016
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2026 02/14/26 Pending -- -- --
11/20/2025 11/20/25 Price Changed $399,000 -6.1% $210 / Sq Ft
10/14/2025 10/14/25 Price Changed $425,000 -14.8% $224 / Sq Ft
09/26/2025 09/26/25 For Sale $499,000 -- $262 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- First American Title
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Contract Of Sale -- Grande Title Co
Source: Public Records

About the Listing Agent

Wendy Wallace

Realty One of New Mexico, LLC

(505) 626-0096

Section Image

Listing Specialist. Entrepreneur. Big Dreamer.

Born on Douglas Island, Alaska, and raised in the mountains of Cedar Crest, New Mexico, I’ve found my forever home in the peaceful Village of Bosque Farms—where community, connection, and a love for life come together.

Before beginning my real estate journey in 2007, I spent over two decades working side by side with my family in our business. Those years taught me more than just work ethic—they instilled in me the value of listening

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Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1092132

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-007-026-025-189-000000

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