$900,000

150 Reed Ln Corrales, NM 87048

Estimated payment $5,157/month

4 Beds
4 Baths
4,397 Sq Ft
$205 Price per Sq Ft

Highlights

  • RV or Boat Parking
  • Sitting Area In Primary Bedroom
  • 4 Fireplaces
  • Corrales Elementary School Rated A-
  • Wood Burning Stove
  • Separate Formal Living Room

About This Home

Rare opportunity to own an authentic adobe compound in the heart of Corrales. Situated on over an acre along the Greenbelt, this 4-bedroom home showcases timeless New Mexico character, mature trees, and a peaceful, private setting. Designed for flexible living, the property includes a detached ADU ideal for multi-generational living, guests, a home office, or rental potential. Enjoy the charm of Corrales with nearby walking and biking paths, equestrian opportunities, and easy access to Albuquerque amenities. Experience the perfect blend of heritage, privacy, and rural New Mexico living.

Listing Agent

Mitchel Waring

EXP Realty LLC License #REC20230183 Listed on: 06/01/2026

EXP Realty LLC

Co-Listing Agent

Lance Lewis

EXP Realty LLC License #54290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,323

Year Built

  • Built in 1970

Lot Details

  • 1.27 Acre Lot
  • East Facing Home
  • Private Entrance
  • Private Yard
  • Zoning described as A-1

Parking

  • 3 Car Attached Garage
  • RV or Boat Parking

Home Design

  • Flat Roof Shape
  • Adobe

Interior Spaces

  • 4,397 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Skylights
  • 4 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Wood Frame Window
  • Great Room
  • Separate Formal Living Room
  • Multiple Living Areas
  • Sitting Room
  • Open Floorplan
  • Brick Flooring
  • Electric Dryer Hookup

Kitchen

  • Double Oven
  • Free-Standing Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard

Schools

  • Taylor Middle School
  • Cibola High School

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Floor Furnace
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Map 18 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1015067449433

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,323

Year Built

Built in 1970

Lot Details

1.27 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Corrales Rd, turn West on W. Ella. Drive. Turn Right on Reed Ln. Follow to the end of Reed Ln.
  • Year Built: 1970
  • Lot Size Acres: 1.27
  • Co List Office Mls Id: EXPR01
  • Co List Office Phone: (505) 554-3873
  • Subdivision Name: Map 18
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Brick
  • Appliances: Double Oven, Free-Standing Gas Range, Range Hood, Water Softener Owned
  • Interior Amenities: Beamed Ceilings, Separate/Formal Dining Room, Family/Dining Room, Great Room, Living/Dining Room, Multiple Living Areas, Main Level Primary, Pantry, Sitting Area in Master, Skylights
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Custom, Wood Burning, Wood BurningStove
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 4397.0
  • Dining Room Type: Sitting Room
  • Window Features: Wood Frames, Skylight(s)

Exterior Features

  • Exterior Features: Courtyard, Private Entrance, Privacy Wall, Private Yard
  • Roof: Flat
  • Fencing: Full
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Adobe
  • Direction Faces: East
  • Other Structures: RV/Boat Storage
  • Patio And Porch Features: Covered, Glass Enclosed, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Ductless, Floor Furnace
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Water Source: Private, Well
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • High School: Cibola
  • Middle Or Junior School: Taylor

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 55321.0
  • Parcel #: 1015067449433
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 3322.52

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $3,441 $99,048 $28,079 $70,969
2024 $3,287 $96,163 $27,204 $68,959
2023 $3,287 $93,362 $26,453 $66,909
2022 $3,185 $90,643 $25,694 $64,949
2021 $3,141 $88,004 $24,848 $63,156
2020 $3,043 $85,440 $0 $0
2019 $2,804 $82,953 $0 $0
2018 $2,698 $80,537 $0 $0
2017 $2,471 $78,190 $0 $0
2016 $2,702 $75,913 $0 $0
2014 $2,598 $75,913 $0 $0
2013 -- $67,702 $20,571 $47,131
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 For Sale $900,000 -- $205 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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

MLS Number: 1104557

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-067-449-433

Your Personal Tour Guide

Ask me questions while you tour the home.