$1,000,000
$500K PRICE DROP

1604 Juan Perea Rd Los Lunas, NM 87031

Estimated payment $5,488/month

Total Views 2,720
3 Beds
2 Baths
1,599 Sq Ft
$625 Price per Sq Ft

Highlights

  • 5.32 Acre Lot
  • Private Yard
  • Tile Flooring
  • 1 Fireplace
  • Evaporated cooling system
  • Forced Air Heating System

About This Home

LOCATION! LOCATION! LOCATION!Over 5 acres of opportunity in a prime Los Lunas location! This versatile property sits just minutes from the highly anticipated Los Lunas Corridor project which will connect I-25 to Highway 47 with a brand-new bridge over the Rio Grande. With irrigation rights in place and the ability to subdivide, this land offers endless potential-whether you're looking to build your dream estate, create multiple homesites or invest for future growth. Enjoy the perfect blend of rural charm and convenient access to town, schools and major highways.Don't miss this rare chance to own acreage in the path of progress!

Listing Agent

Morris Lucero

Realty One of New Mexico License #50727 Listed on: 09/04/2025

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1959

Lot Details

  • 5.32 Acre Lot
  • West Facing Home
  • Private Yard

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Adobe

Interior Spaces

  • 1,599 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Single Hung Metal Windows
  • Washer and Gas Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Los Lunas High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Underground Utilities
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • Built by Uknown

Listing and Financial Details

  • Assessor Parcel Number 1 009 037 216 250

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Head southwest on I-25 S Take exit 203 for NM-6 toward Los Lunas 0.2 mi Turn left onto NM-6 E/Main St NW Turn right onto NM-314 W/Hwy 314 SW Turn left onto Morris Rd 249 ft Turn left onto Juan Perea Rd.
  • Year Built: 1959
  • Lot Size Acres: 5.32
  • 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
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1599.0
  • Window Features: Clad, Metal, Single Pane

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Shingle
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Uknown
  • Construction Type: Adobe, Brick Veneer
  • Direction Faces: West
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • High School: Los Lunas

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 231661.0
  • Parcel #: 1 009 037 216 250
  • Zoning Description: R-1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
2023 $2,913 $69,531 $45,795 $23,736
2022 $2,676 $68,557 $45,780 $22,777
2021 $2,666 $67,612 $45,767 $21,845
2020 $1,048 $31,713 $10,771 $20,942
2019 $1,021 $30,822 $10,771 $20,051
2018 $1,006 $30,822 $10,771 $20,051
2017 $987 $30,822 $10,771 $20,051
2016 $991 $30,217 $10,771 $19,446
2015 -- $29,369 $10,771 $18,598
2013 -- $27,748 $10,771 $16,977
2011 -- $80,919 $31,470 $49,449
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2025 10/04/25 Off Market -- -- --
09/28/2025 09/28/25 Price Changed $1,000,000 0.0% $625 / Sq Ft
09/28/2025 09/28/25 For Sale $1,000,000 -33.3% $625 / Sq Ft
09/04/2025 09/04/25 For Sale $1,500,000 -- $938 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

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

MLS Number: 1090908

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-009-037-250-245-000000

New Mexico Valencia County Los Lunas 87031

1604 Juan Perea Rd, Los Lunas, NM

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Morris Lucero
Listing Agent
Morris Lucero
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Realty One of New Mexico
(505) 393-7212