$1,750,000

400 Perea Ln Corrales, NM 87048

Estimated payment $10,739/month

Total Views 5,620
4 Beds
3 Baths
3,952 Sq Ft
$443 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Custom Home
  • Wooded Lot
  • Corrales Elementary School Rated A-
  • 2 Acre Lot
  • Radiant Floor

About This Home

Exquisite eastside Corrales 2023 custom on two acres! An artist's dream oasis awaits a new owner for this fabulous home. Open, light, and well designed floorplan. The entry foyer invites you into a simply stunning living room with fireplace, high ceilings, hickory wood floors throughout and dramatic views of the Sandia's. Dining area is defined yet open to appreciate the gourmet kitchen with huge island, outfitted with high-end appliances including an induction cooktop, frigidaire column refrigerator, and a butler pantry. Private primary retreat w/unbelievable bath and walk in closet. A second primary BR w/full bath and walk in closet. BR 3 is the bunk house, BR 4 or office. Service room hosts W & D plus dog wash station. 3 car garage. Acreage is an open slate for you to create.

Listing Agent

Robin Riegor

Sotheby's International Realty License #14913 Listed on: 07/05/2025

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,433

Year Built

  • Built in 2023

Lot Details

  • 2 Acre Lot
  • Property fronts a private road
  • West Facing Home
  • Private Entrance
  • Property is Fully Fenced
  • Wooded Lot
  • Private Yard
  • Zoning described as A-1

Parking

  • 3 Car Attached Garage

Home Design

  • Custom Home
  • Permanent Foundation
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,952 Sq Ft Home
  • Property has 1 Level
  • High Ceiling
  • Ceiling Fan
  • Zero Clearance Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Flooring

  • Wood
  • Radiant Floor
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Patio
  • Horses Allowed On Property

Community Details

  • Built by Kelsey Gren Wells/Brent Emery
  • Lands Of David R Schmidt Subdivision

Listing and Financial Details

  • Assessor Parcel Number R122067

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,433

Year Built

Built in 2023

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Corrales Road north through village, east on Perea, across from Sagebrush. Continue east, a stop at gate and it will open, continue east to 400 Perea on south side. No sign, Enter through gate.
  • Listing Contract Date: 2025-06-15
  • Year Built: 2023
  • Horses: Yes
  • Lot Size Acres: 2.0
  • Road Frontage Type: Deeded Access, Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Lands of David R Schmidt
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: NewHome

Interior Features

  • Flooring: Concrete, Wood
  • Appliances: Built-In Electric Range, Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Wine Cooler, Washer
  • Interior Amenities: Bathtub, Ceiling Fan(s), Dual Sinks, Entrance Foyer, Great Room, High Ceilings, Kitchen Island, Living/Dining Room, Main Level Primary, Multiple Primary Suites, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Glass Doors, Gas Log, Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3952.0
  • Dining Room Type: Primary Bedroom
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Fully Fenced, Private Yard, Private Entrance
  • Roof: Metal
  • Lot Features: None, Trees, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Kelsey Gren Wells/Brent Emery
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Foundation Details: Permanent
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Refrigerated
  • Heating: Natural Gas, Radiant Floor, Radiant
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
  • Water Source: Private, Well
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Green Features

  • Green Power: None

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: R122067
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 14432.64

Map

Range of Values:

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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
2024 $6,422 $378,125 $136,000 $242,125
2023 $6,422 $136,000 $136,000 $0
2022 $5,823 $123,333 $123,333 $0
2021 $5,312 $114,800 $113,333 $1,467
2020 $4,689 $101,348 $0 $0
2019 $4,599 $101,348 $0 $0
2018 $4,591 $101,348 $0 $0
2017 $4,362 $101,348 $0 $0
2016 $3,175 $66,667 $0 $0
2014 $3,010 $66,667 $0 $0
2013 -- $66,667 $66,667 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 For Sale $1,750,000 -- $443 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title Ins Co
Warranty Deed -- First American Title
Contract Of Sale $375,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,288,000 Construction
Closed $400,000 New Conventional
Previous Owner $325,000 Seller Take Back
Source: Public Records

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

MLS Number: 1087325

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-068-142-099