150 Reed Lane, Corrales, NM 87048
Map 18 · Sandoval County
Key Facts
Description
Rare opportunity to own an authentic adobe compound in the heart of Corrales. Situated on over an acre along the Greenbelt, this 4-bedroom home showcases timeless New Mexico character, mature trees, and a peaceful, private setting. Designed for flexible living, the property includes a detached ADU ideal for multi-generational living, guests, a home office, or rental potential. Enjoy the charm of Corrales with nearby walking and biking paths, equestrian opportunities, and easy access to Albuquerque amenities. Experience the perfect blend of heritage, privacy, and rural New Mexico living.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1970
Living Area
4,397 sq ft
Lot Size
1.27 acres
Garage Spaces
3
Days on Market
7
MLS® Listing#
1104557
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Laundry
Patio
Fencing
Construction
Roof
Windows
Other Structures
Utilities
Sewer
Water Source
Rooms
- Kitchen12.0 x 8.0Main
- Living Room22.0 x 23.0Main
- Master Bathroom136.0 x 16.0Main
Schools
- Middle:
- Taylor
- High:
- Cibola
Financial Details
Annual Taxes
$3,323
Parcel Number
1015067449433
Directions
From Corrales Rd, turn West on W. Ella. Drive. Turn Right on Reed Ln. Follow to the end of Reed Ln.
Affordability Calculator
$180,000
Estimated monthly payment
$4,790/mo
Principal $720,000 · Est. interest $1,004,464 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Corrales, NM
- $971,429
- Median Listing Price
- 73
- Median Days on Market
- 3,097
- Median Sq Ft
- $303
- Median Price / Sq Ft
- 46
- Active Listings
- This home’s price is 7% below the area median.
- Its price per sq ft is 32% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Corrales, NM.
Location
Points of Interest in Corrales, NM
Showing the Corrales area map.
Nearby Schools
Quail Run Montessori School
Elementary · 0.6 mi away
Cottonwood School
School · 0.8 mi away
Corrales Elementary School
Elementary · 0.8 mi away
Sandia View Academy
School · 1.6 mi away
Sandia View Christian School
School · 1.7 mi away
Covenant Schools
School · 1.7 mi away
Rio Rancho Elementary School
Elementary · 1.7 mi away
Rio Rancho Cyber Academy
School · 1.8 mi away
Leap International Montessori School
Elementary · 2.1 mi away
Springstone Montessori Schools
Elementary · 2.4 mi away
Independence High School
Secondary · 2.5 mi away
Rio Rancho Public Schools
Secondary · 2.5 mi away
Alameda Elementary School
Elementary · 2.8 mi away
Cibola High School
Secondary · 2.8 mi away
Seven Bar Elementary School
Elementary · 3.2 mi away
Rio Rancho High School
Secondary · 3.4 mi away
Martin Luther King Junior Elementary School
Elementary · 3.5 mi away
Mountain View Private School
School · 3.5 mi away
Taylor Middle School
Secondary · 3.8 mi away
North Valley Academy
School · 3.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 957 Camino Sin Pasada, Corrales, NM | $655,000 | 4 | 3 | 2,379 |
| 672 Coronado Road, Corrales, NM | $679,900 | 4 | 2 | 1,767 |
| 8 Calle Blanca, Corrales, NM | $724,900 | 4 | 2 | 3,002 |
| 953 Camino Sin Pasada, Corrales, NM | $735,000 | 4 | 3 | 2,232 |
| 480 Paseo Dulcelina Road, Corrales, NM | $800,000 | 3 | 3 | 1,858 |
| 489 El Rey Drive, Corrales, NM | $805,000 | 3 | 4 | 3,012 |
Moving Cost Estimate
EXIT Agents in Corrales
Listing Courtesy: EXP Realty LLC - 5055543873