$355,000
$35K PRICE DROP

40 Blue Sky Corrales, NM 87048

Estimated payment $1,969/month

Total Views 55,138
1 Acre
$355,000 Price per Acre
43,560 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Partially Wooded Lot
  • Partially Fenced Property
  • Corrales Elementary School Rated A-
  • Views

About This Lot

Build your dream home on this stunning 1-acre custom home lot in the highly sought-after village of Corrales! Nestled among mature trees, this serene property offers breathtaking views of the Sandia Mountains, providing the perfect backdrop for your future home. Enjoy the peaceful, rural charm of Corrales while being just minutes from city conveniences. With plenty of space for horses, gardens, or a private retreat, this lot is a rare find in a prime location. Don't miss this opportunity to own a piece of paradise in one of New Mexico's most desirable communities!

Listing Agent

Michael Schlichte

Absolute Real Estate License #17987 Listed on: 09/02/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,282

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Partially Wooded Lot
  • Zoning described as A-1

Schools

  • Corrales Elementary School
  • Taylor Middle School
  • Cibola High School

Additional Features

  • Horses Allowed On Property
  • Sewer Not Available
  • Property Views

Community Details

  • Blue Sky Subdivision

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 1016070468131

Property Details

Property Type

Land

Est. Annual Taxes

$1,282

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Corrales Road and NM528 head East on Corrales Road. Turn right on Blue Sky Lane.
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Subdivision Name: Blue Sky
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Fencing: Partial
  • Lot Features: Views, Wooded, Acreage
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Not Available
  • Water Source: Other, See Remarks
  • Sewer: None

Schools

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

Lot Info

  • Topography: Other,SeeRemarks
  • Number of Lots: 1
  • Current Use: Residential, Single Family, Unimproved
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1016070468131
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 1282.0
  • Tax Block: N/A
  • Tax Lot: C
  • Tax Tract: N/A

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 -- $78,333 $78,333 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 Price Changed $355,000 -9.0% --
09/02/2025 09/02/25 For Sale $389,900 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

About the Listing Agent

Michael Schlichte

Absolute Real Estate

(505) 591-6308

Section Image

Michael is a father to Oliver (10 years old), and husband to Danielle Schlichte (18 years), and a long-time resident of Rio Rancho. He is currently building a custom home in Corrales New Mexico where he plans to raise his family and lay down even deeper roots.

Michael has been a licensed Realtor since 2005. He began his career as a home flipper. Since that time Michael and his team have flipped approximately two hundred homes in NM ranging from Artesia to Farmington and every city in

Michael's Other Listings

  • 60 Blue Sky, Corrales, NM 87048

    $375,500

    • Land
    • 1.09 Acres
    • $344,495 per Acre
    • 60 Blue Sky
    • Corrales, NM

    Build your dream home on this stunning 1.09-acre custom home lot in the highly sought-after village of Corrales! Nestled among mature trees, and an apple orchard, this serene property offers breathtaking views of the Sandia Mountains, providing the perfect backdrop for your future home. Enjoy the peaceful, rural charm of Corrales while being just minutes from city conveniences. With plenty of

    Michael Schlichte Absolute Real Estate

    Section Image
  • 20 Blue Sky, Corrales, NM 87048

    $325,500

    • Land
    • 1 Acre
    • $325,500 per Acre
    • 20 Blue Sky
    • Corrales, NM

    Build your dream home on this stunning 1-acre custom home lot in the highly sought-after village of Corrales! Nestled among mature trees, this serene property offers breathtaking views of the Sandia Mountains, providing the perfect backdrop for your future home. Enjoy the peaceful, rural charm of Corrales while being just minutes from city conveniences. With plenty of space for horses, gardens,

    Michael Schlichte Absolute Real Estate

    Section Image
  • 0 Desert Luna Rd, Corrales, NM 87048

    $560,000

    • Land
    • 3.41 Acres
    • $164,223 per Acre
    • 0 Desert Luna Rd
    • Corrales, NM

    Discover an extraordinary 3.41-acre parcel in the heart of Corrales, in the prestigious Lands of Perea subdivision (Lot 17, Tract 12N). This expansive 148,540 sq ft lot, zoned A-1, offers a rare chance to create your custom dream home, equestrian estate, or small 3 lot development amidst the serene beauty of the Rio Grande Bosque. Boasting mostly level topography and jaw-dropping 360-degree views

    Michael Schlichte Absolute Real Estate

    Section Image
  • 6461 Corrales Rd, Corrales, NM 87048

    $2,275,000

    • 3 Beds
    • 2 Baths
    • 3,841 Sq Ft
    • 6461 Corrales Rd
    • Corrales, NM

    Large Two Parcel Sale! Parcel 1: Main House and Lot (3.91 Acres) Discover a unique opportunity in the heart of Corrales, with this property featuring a charming main house brimming with potential. The main level features a few updates with ample room for personalization, allowing you to create your dream home. An unfinished upstairs awaits your creative vision, perfect for customizing to your

    Michael Schlichte Absolute Real Estate

    Section Image
  • 561 Vortex Rd NE, Rio Rancho, NM 87124

    $399,500

    • Land
    • 1 Acre
    • $399,500 per Acre
    • 561 Vortex Rd NE
    • Rio Rancho, NM

    Great lot with flexible zoning for many uses. Epic views of the mountains and lots of cars passing each day. This lot is mostly level and ready for your development! Owner financing available via REC. 25% down and 6% Interest over 15 years

    Michael Schlichte Absolute Real Estate

    Section Image
  • 1905 Sonora Rd NE, Rio Rancho, NM 87144

    $59,900

    • Land
    • 0.5 Acre
    • $119,800 per Acre
    • 1905 Sonora Rd NE
    • Rio Rancho, NM

    Easy to own .5 acre lot in Unit 17! Owner will finance with 10% down and 6.5% interest amortized over 15 years. Custom homes nearby and HD views of the Sandia Mountains. Make an offer today!

    Michael Schlichte Absolute Real Estate

    Section Image
  • 2504 Inca Rd NE, Rio Rancho, NM 87144

    $419,500

    • 3 Beds
    • 2 Baths
    • 1,639 Sq Ft
    • 2504 Inca Rd NE
    • Rio Rancho, NM

    Charming Pueblo-Style Retreat on One Acre! Bring your horses, toys, and dreams - there's room for it all! This single-level Wallen-built Pueblo gem blends features 3 bedrooms, 2 baths, and a two car garage. No HOA, well water + private septic. Whether you're a horse enthusiast, hobby farmer, or seeking peaceful one-level living with room to roam, this move-in-ready pueblo charmer delivers.

    Michael Schlichte Absolute Real Estate

    Section Image
  • 4701 Allemande Rd NE, Rio Rancho, NM 87144

    $13,500

    • Land
    • 0.5 Acre
    • $27,000 per Acre
    • 4701 Allemande Rd NE
    • Rio Rancho, NM

    Great investment lot located close to V. Sue Cleveland High School, and across the street from Watermelon Mountain Ranch. Buy now build later!

    Michael Schlichte Absolute Real Estate

    Section Image
  • 604 Southern Blvd SE, Rio Rancho, NM 87124

    $45,000 Pending

    • Land
    • 0.5 Acre
    • $90,000 per Acre
    • 604 Southern Blvd SE
    • Rio Rancho, NM

    Great build lot next to other custom homes. Located at the top of the hill and ready for your new home! Adjacent lot to the West is for sale as well if a full acre is desired. Drive by today!

    Michael Schlichte Absolute Real Estate

    Section Image

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

MLS Number: 1090732

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-070-468-131