PRICED TO SELL AT $885,000 - UPGRADED RECENTLY, Step into a worry-free Corrales estate. The sellers have proactively invested in a brand-new exterior paint job, new skylights, roof maintenance, and comprehensive handyman repairs to ensure this home is in peak condition for its next owner. Other high value infrastructure includes but not limited to updated septic, new well pump, new windows and exterior doors, Dual HVAC, and a perimeter coyote fence. This dual-gated .94-acre high-desert sanctuary perfectly blends historic Southwest character with modern reliability. Enjoy panoramic mountain views and city lights from your private pool and hot tub, framed by authentic exposed adobe, raised latilla ceilings, and classic brick floors. This a rare opportunity to secure a vetted.
For sale
Price cut: $15K (4/9)
$885,000
159 El Rey Dr, Corrales, NM 87048
4beds
3,401sqft
Est.:
Single Family Residence
Built in 1985
0.94 Acres Lot
$862,800 Zestimate®
$260/sqft
$-- HOA
What's special
Classic brick floorsBrand-new exterior paint jobPerimeter coyote fenceAuthentic exposed adobeDual hvacNew skylightsRaised latilla ceilings
- 62 days |
- 1,728 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
William R Norman 505-350-3194,
Realty One Group Concierge 505-318-1111
Source: SWMLS,MLS#: 1098126
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Main
- Area: 265.94
- Dimensions: 15.11 x 17.6
Kitchen
- Level: Main
- Area: 183.6
- Dimensions: 10.2 x 18
Living room
- Level: Main
- Area: 434.72
- Dimensions: 20.8 x 20.9
Heating
- Forced Air, Natural Gas, Passive Solar
Cooling
- Refrigerated
Appliances
- Included: Cooktop, Double Oven, Dryer, Dishwasher, Refrigerator, Water Softener Owned, Wine Cooler, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Beamed Ceilings, Bookcases, Breakfast Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, Garden Tub/Roman Tub, High Speed Internet, Home Office, Intercom, Multiple Living Areas, Main Level Primary, Skylights, Utility Room
- Flooring: Brick, Carpet
- Windows: Double Pane Windows, Insulated Windows, Skylight(s)
- Has basement: No
- Number of fireplaces: 4
- Fireplace features: Custom, Kiva, Log Lighter
Interior area
- Total structure area: 3,401
- Total interior livable area: 3,401 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage, RV Access/Parking
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Open, Patio
- Exterior features: Hot Tub/Spa, Private Yard, RV Hookup
- Has private pool: Yes
- Pool features: Pool Cover
- Has spa: Yes
- Fencing: Gate
- Has view: Yes
Lot
- Size: 0.94 Acres
- Features: Landscaped, Views
Details
- Additional structures: Shed(s), Storage
- Parcel number: 1014066245508
- Zoning description: A-1
- Other equipment: Intercom
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subtype: Single Family Residence
Materials
- Adobe, ICFs (Insulated Concrete Forms), Stucco
- Roof: Flat,Tar/Gravel
Condition
- Resale
- New construction: No
- Year built: 1985
Details
- Builder name: Ed Paschich
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Security Gate, Smoke Detector(s)
- Subdivision: Loma Larga
Location
- Region: Corrales
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $648,734
- Annual tax amount: $6,694
- Date on market: 2/11/2026
- Cumulative days on market: 61 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Estimated market value
$862,800
$820,000 - $906,000
$3,288/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Price change | $885,000-1.7%$260/sqft |
Source:  SWMLS #1098126 Report a problem | ||
| 2/11/2026 | Listed for sale | $900,000$265/sqft |
Source: SWMLS #1098126 Report a problem | ||
| 2/11/2026 | Listing removed | $900,000$265/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 2/5/2026 | Listed for sale | $900,000$265/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 1/27/2026 | Pending sale | $900,000$265/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 1/1/2026 | Price change | $900,000-5.3%$265/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 10/1/2025 | Listed for sale | $950,000$279/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 9/19/2025 | Pending sale | $950,000$279/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 8/28/2025 | Listed for sale | $950,000+65.2%$279/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 7/24/2019 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/30/2019 | Pending sale | $575,000$169/sqft |
Source: The Maez Group #944499 Report a problem | ||
| 5/14/2019 | Listed for sale | $575,000+7.5%$169/sqft |
Source: The Maez Group #944499 Report a problem | ||
| 7/31/2015 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/17/2015 | Listed for sale | $535,000-10.7%$157/sqft |
Source: Coldwell Banker Legacy #838178 Report a problem | ||
| 11/1/2014 | Listing removed | $599,000$176/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
| 6/18/2014 | Price change | $599,000-4.2%$176/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
| 5/28/2014 | Price change | $625,000-3.8%$184/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
| 3/20/2014 | Price change | $649,900-0.8%$191/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
| 3/13/2014 | Listed for sale | $655,000$193/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,695 +1.8% | $216,245 +3% |
| 2024 | $6,575 +0.3% | $209,946 +3% |
| 2023 | $6,558 +1.1% | $203,831 +3% |
| 2022 | $6,486 +2.2% | $197,895 +3% |
| 2021 | $6,348 +3% | $192,131 +3% |
| 2020 | $6,161 | $186,535 +11.9% |
| 2019 | -- | $166,684 |
| 2018 | $5,172 -2.5% | $166,684 +2.7% |
| 2017 | $5,304 | $162,225 +3% |
| 2016 | $5,304 +37.3% | $157,500 +36.8% |
| 2014 | $3,863 | $115,148 +4.9% |
| 2013 | $3,863 | $109,795 -67.3% |
| 2011 | -- | $335,385 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,125/mo
Principal & interest
$4564
Property taxes
$561
More affordability tools
Climate risks
Neighborhood: 87048
Nearby schools
GreatSchools rating
- 8/10Corrales Elementary SchoolGrades: K-5Distance: 2.3 mi
- 3/10Taylor Middle SchoolGrades: 6-8Distance: 2.9 mi
- 3/10Cibola High SchoolGrades: 9-12Distance: 1.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Mexico
- Sandoval County
- Corrales
- 87048
- 159 El Rey Dr
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