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Sold on 09/09/25
  • Price Unknown

    140 Palacio Rd, Corrales, NM 87048

    4beds
    3,563sqft
    Single Family Residence
    Built in 1989
    0.86 Acres Lot
    $956,800 Zestimate®
    $--/sqft
    $3,576 Estimated rent

    Home value

    $956,800

    $871,000 - $1.05M

    $3,576/mo

    Zestimate® history
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    What's special

    Nestled in the heart of Corrales, this stunning NM-style adobe home at 140 Palacio offers timeless charm and modern elegance. Featuring authentic wood beams and classic adobe construction, this property captures the essence of Southwestern living. Enjoy breathtaking, unobstructed views of the Sandia Mountains, the Rio Grande Bosque, and the city lights, all from your private oasis. Expansive windows bathe the interior in natural light, connecting you to the outdoors. Perfect for those seeking tranquility and beauty, this home combines traditional architecture with unparalleled scenery.

    Zillow last checked: 8 hours ago

    Listing updated: December 19, 2025 at 11:46am

    Listed by:

    Mario Eleazar Montoya 505-681-3125,

    Casa Montoya Realty

    Bought with:

    Carmen Peters, REC20230053

    Jason Mitchell RE NM

    Source: SWMLS,MLS#: 1071325MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 360
    • Dimensions: 20 x 18
    Bedroom 2
    • Level: Main
    • Area: 182
    • Dimensions: 13 x 14
    Bedroom 3
    • Level: Main
    • Area: 154
    • Dimensions: 11 x 14
    Dining room
    • Level: Main
    • Area: 180
    • Dimensions: 15 x 12
    Family room
    • Level: Main
    • Area: 374
    • Dimensions: 17 x 22
    Kitchen
    • Level: Main
    • Area: 273
    • Dimensions: 13 x 21
    Living room
    • Level: Main
    • Area: 391
    • Dimensions: 17 x 23
    Heating
    • Combination, Multiple Heating Units, Natural Gas
    Cooling
    • Multi Units, Refrigerated
    Appliances
    • Included: Built-In Electric Range, Double Oven, Dishwasher
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Beamed Ceilings, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, In-Law Floorplan, Jetted Tub, Kitchen Island, Multiple Living Areas, Main Level Primary, Pantry, Sitting Area in Master, Skylights, Walk-In Closet(s)
    • Flooring: Brick, Carpet, Tile
    • Windows: Thermal Windows, Wood Frames, Skylight(s)
    • Has basement: No
    • Number of fireplaces: 4
    • Fireplace features: Kiva, Log Lighter, Wood Burning Stove
    Interior area
    • Total structure area: 3,563
    • Total interior livable area: 3,563 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Finished Garage, Garage, Garage Door Opener, Oversized, Storage
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Open, Patio
    • Exterior features: Courtyard, Fully Fenced, Private Yard, Water Feature, Private Entrance
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground, Pool Cover
    • Fencing: Gate
    • Has view: Yes
    Lot
    • Size: 0.86 Acres
    • Features: Cul-De-Sac, Landscaped, Views
    • Residential vegetation: Grassed
    Details
    • Parcel number: R049197
    • Zoning description: A-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Northern New Mexico
    • Property subtype: Single Family Residence
    Materials
    • Adobe, Frame
    • Roof: Flat
    Condition
    • Resale
    • New construction: No
    • Year built: 1989
    Details
    • Builder name: Passage

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, Well
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: Security System, Security Gate
    Location
    • Region: Corrales

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/9/2025Sold--
    Source: SWMLS #1071325
    7/5/2025Pending sale$1,075,000$302/sqft
    Source: SWMLS #1071325
    6/29/2025Price change$1,075,000-4.4%$302/sqft
    Source: SWMLS #1071325
    3/7/2025Price change$1,124,999-6.2%$316/sqft
    Source: SWMLS #1071325
    12/4/2024Price change$1,199,000-4.1%$337/sqft
    Source: SWMLS #1071325

    Public tax history

    YearProperty taxesTax assessment
    2025$4,983 +0.1%$161,761 +3%
    2024$4,977 +2.6%$157,050 +3%
    2023$4,851 +2%$152,475 +3%

    Find assessor info on the county website

    Neighborhood: 87048

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Corrales
    • Middle: Taylor
    • High: Cibola

    Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $956,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $956,800