159 El Rey Dr Corrales, NM 87048
Estimated payment $5,241/month
Highlights
- Very Popular Property
- Private Pool
- 4 Fireplaces
- Corrales Elementary School Rated A-
- Pueblo Architecture
- Separate Formal Living Room
About This Home
This dual-gated, .94 acre estate in Corrales is a custom, well-maintained, move-in-ready home, offering privacy and panoramic mountain views that dominate the day, while city lights provide a stunning nightly backdrop to your private pool & hot tub. The interior stays true to its roots with exposed adobe walls, raised latilla ceilings, and original brick floors throughout. Recent improvements ensure a worry-free transition: Septic & roof updates (2025), new windows & exterior doors (2023), well pump & tank (2023), east & west HVAC (2020), perimeter coyote fence (2019). Historic Southwest character throughout this property provides a serene sanctuary for the discerning buyer seeking beauty, security, and connection to the high desert landscape. Your Corrales retreat awaits.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,695
Year Built
- Built in 1985
Lot Details
- 0.94 Acre Lot
- North Facing Home
- Gated Home
- Landscaped
- Private Yard
- Zoning described as A-1
Parking
- 3 Car Attached Garage
Home Design
- Pueblo Architecture
- Flat Roof Shape
- Insulated Concrete Forms
- Tar and Gravel Roof
- Stucco
- Adobe
Interior Spaces
- 3,401 Sq Ft Home
- Property has 1 Level
- Bookcases
- Beamed Ceilings
- Skylights
- 4 Fireplaces
- Double Pane Windows
- Insulated Windows
- Entrance Foyer
- Great Room
- Separate Formal Living Room
- Multiple Living Areas
- Home Office
- Utility Room
- Property Views
Kitchen
- Breakfast Area or Nook
- Double Oven
- Cooktop
- Dishwasher
- Wine Cooler
Flooring
- Brick
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
- Dual Sinks
- Garden Bath
Laundry
- Dryer
- Washer
Home Security
- Security Gate
- Intercom
- Fire and Smoke Detector
Eco-Friendly Details
- Heating system powered by passive solar
Pool
- Private Pool
- Spa
- Pool Cover
Outdoor Features
- Patio
- Shed
Schools
- Corrales Elementary School
- Taylor Middle School
- Cibola High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Private Water Source
- Well
- Water Softener is Owned
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- Built by Ed Paschich
- Loma Larga Subdivision
Listing and Financial Details
- Assessor Parcel Number 1014066245508
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,575 | $216,245 | $34,963 | $181,282 |
| 2024 | $6,682 | $209,946 | $33,375 | $176,571 |
| 2023 | $6,682 | $203,831 | $32,266 | $171,565 |
| 2021 | $6,348 | $192,131 | $30,599 | $161,532 |
| 2020 | $6,161 | $186,535 | $0 | $0 |
| 2019 | $5,336 | $166,684 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $900,000 | +56.5% | $265 / Sq Ft | |
| 07/30/2019 07/30/19 | Sold | -- | -- | -- | View Prior Sale |
| 05/29/2019 05/29/19 | Pending | -- | -- | -- | |
| 05/14/2019 05/14/19 | For Sale | $575,000 | +7.5% | $169 / Sq Ft | |
| 07/23/2015 07/23/15 | Sold | -- | -- | -- | View Prior Sale |
| 06/04/2015 06/04/15 | Pending | -- | -- | -- | |
| 04/16/2015 04/16/15 | For Sale | $535,000 | -- | $157 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Fidelity Natl Title Nm Inc | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $459,942 | New Conventional | |
| Previous Owner | $400,000 | New Conventional |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1098126
APN: 1-014-066-245-508
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