About This Home

This 3-bedroom, 3-bathroom single family at 400 Paseo De Corrales in Corrales, NM is listed for $724,990 ($264 per sqft). Built in 1997, the home offers 2,750 sqft of living space on a 1.00 acres lot.

Key Features

  • Built in 1997
  • 1.00 acre lot
  • Fireplace

Property Details

1 story
2 full, 1 half
2-car garage
1997

Amenities

FireplaceA/C
Listing Description

HUGE PRICE REDUCTION & VIEWS--EXCEPTIONAL VALUE IN BEAUTIFUL CORRALES! Bring your vision to this incredible custom home and take advantage of a rare opportunity to create your own dream retreat. Perched to capture breathtaking mountain and city views, this unique property offers an extraordinary setting, generous potential with its casita, and the flexibility to make it truly your own.

The main home and casita both feature new septic systems, TPO roofs and new carpet, giving the next homeowner an excellent head start. With the significant price reduction, there is now an exciting opportunity to invest in your own upgrades and personal touches while enjoying the beauty, privacy, and incredible views this tiered 1 acre property has

to offer.Imagine waking up to spectacular mountain views and ending the day overlooking the city lights, all while enjoying the privacy and character that come with a truly custom property. Experience the beautify and character of Corrales living in this exceptional home that offers privacy, zero maintenance yards and the kind of setting that is in

creasing difficult to find.This property and its casita offers a rare combination of location views, versatility and income earning potential.With the price now significantly reduced, this is your opportunity to create the home you've envisioned while taking advantage of improvements already completed.

Bring your ideas, make it your own, and enjoy the incredible setting for years to come!A truly special custom property with views that simply must be seen in person! This special Corrales home & casita are ready for it's next chapter! The separate 2 bedroom 1 bath casita measures 869sf.

It too has BIG views, full kitchen, dining room and great room with a cozy fireplace. Primary residence measures 2750sf. You'll love the bright open floor plan and the newly built game room perfect for entertaining!The home boasts 3 bedrooms, 2.5 baths, Great Room with fireplace and a newly built Game Room with fireplace.

Majestic views are also enjoyed by the homes Formal Dining Room, Kitchen Nook, and Breakfast Bar. The Split Master bedroom with fireplace BIG VIEWS provide the perfect sanctuary at the end of the day. This seperate Casita is perfect for In-Laws, Guest Quarters, Hobby Space or rent it out for additional income. Rents anywhere from $1,300 to $1,600 a month. The home and casita would be a perfect Multi-generational property! Both homes are move in ready!

Monthly Cost Estimate

$3,877/mo

20% down · 6.5% · 30 years

Principal$524
Interest$3,142
Insurance$211

Estimates only. Actual payments may vary.

Location

400 Paseo De Corrales

Corrales, NM 87048

Lands Of Palmer

Features & Amenities

Interior Features

BeamedCeilingsBreakfastBarBreakfastAreaCeilingFansSeparateFormalDiningRoomDualSinksEntranceFoyerGreatRoomHighCeilingsHighSpeedInternetInLawFloorplanJettedTubMultipleLivingAreasMainLevelPrimaryPantryShowerOnlySkylightsSeparateShowerWalkInClosets

Exterior Features

FirePitPrivateEntrancePrivateYard

Property Details

Flooring

CarpetTile

Construction

Frame Stucco

Outdoor Features

Patio

Parking

OpenOversizeGarage

Heating

RadiantRadiant FloorZoned

Appliances

DryerDishwasherFreeStandingElectricRangeDisposalMicrowaveRefrigeratorWaterSoftenerOwnedWasher

Questions & Answers

This 3-bedroom, 3-bathroom single family at 400 Paseo De Corrales is listed at $724,990 ($264/sqft). The estimated monthly payment is $3,877 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1997, 1.00 acre lot, Fireplace. Interior Features: BeamedCeilings, BreakfastBar, BreakfastArea. Exterior Features: FirePit, PrivateEntrance, PrivateYard.

This property is listed by Gina M Dion.

GD

Gina M Dion

License 17855

Agent at Realty One Of New Mexico

Listed by Realty One Of New Mexico · Broker phone: (505) 712-1340 · View on Broker Site · Broker website

MLS# 1111203· Source: Southwest MLS· 38 days on PropertySimple

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

400 Paseo De Corrales, Corrales, NM 87048

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