PENDING
$38K PRICE DROP
3871 Corrales Rd Corrales, NM 87048
Estimated payment $7,072/month
Total Views
77,014
5
Beds
3
Baths
3,597
Sq Ft
$350
Price per Sq Ft
Highlights
- Corral
- Greenhouse
- Craftsman Architecture
- Corrales Elementary School Rated A-
- 2 Acre Lot
- Wood Burning Stove
About This Home
Exceptional Rental Income Opportunity in the Heart of Corrales!With a spacious detached guest house offering immediate income potential, this unique horse property creates a rare opportunity to offset your mortgage and make Corrales village living far more affordable. Owner financing may also be possible, adding even more flexibility for the right buyer.Set on 2 lush acres beneath towering cottonwoods and framed by breathtaking Sandia Mountain Views, this elegant country estate blends charm, flexibility, and financial practicality. The 2,125 square foot rustic adobe main home radiates warmth and character with rich wood and brick floors, an updated kitchen, and inviting living spaces designed for both quiet mornings and lively gatherings.The detached 1,471 square foot second hous
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,262
Year Built
- Built in 1960
Lot Details
- 2 Acre Lot
- West Facing Home
- Back and Front Yard Fenced
- Lawn
- Zoning described as A-2
Parking
- 3 Car Garage
Home Design
- Craftsman Architecture
- Block Foundation
- Slab Foundation
- Frame Construction
- Pitched Roof
- Shingle Roof
- Adobe
Interior Spaces
- 3,597 Sq Ft Home
- Property has 1 Level
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Stove
- Double Pane Windows
- Vinyl Clad Windows
- Insulated Windows
- Multiple Living Areas
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Fireplace
- Fire Pit
- Greenhouse
- Separate Outdoor Workshop
- Outdoor Storage
- Playground
Schools
- Taylor Middle School
- Cibola High School
Horse Facilities and Amenities
- Corral
Utilities
- Evaporated cooling system
- Multiple Heating Units
- Heating System Uses Natural Gas
- Natural Gas Connected
- Private Water Source
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1015067468065
Map
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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 | $7,224 | $194,925 | $65,029 | $129,896 |
| 2024 | $6,913 | $189,254 | $63,484 | $125,770 |
| 2023 | $6,913 | $183,749 | $62,871 | $120,878 |
| 2021 | $3,235 | $87,212 | $25,879 | $61,333 |
| 2020 | $3,167 | $84,672 | $0 | $0 |
| 2019 | $2,923 | $82,206 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/25/2026 02/25/26 | Pending | -- | -- | -- | |
| 02/13/2026 02/13/26 | Price Changed | $1,259,000 | -0.4% | $350 / Sq Ft | |
| 01/24/2026 01/24/26 | Price Changed | $1,264,000 | -0.4% | $351 / Sq Ft | |
| 12/12/2025 12/12/25 | Price Changed | $1,269,000 | -0.4% | $353 / Sq Ft | |
| 11/21/2025 11/21/25 | Price Changed | $1,274,000 | -1.8% | $354 / Sq Ft | |
| 10/16/2025 10/16/25 | For Sale | $1,297,000 | +72.9% | $361 / Sq Ft | |
| 12/15/2021 12/15/21 | Sold | -- | -- | -- | View Prior Sale |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- | |
| 10/21/2021 10/21/21 | For Sale | $750,000 | -- | $221 / Sq Ft |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | $325,000 | None Listed On Document | |
| Contract Of Sale | $325,000 | None Listed On Document | |
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $569,600 | New Conventional | |
| Closed | $569,600 | New Conventional |
Source: Public Records
About the Listing Agent
Andrew's Other Listings
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1092606
APN: 1-015-067-468-065
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