
489 El Rey Drive, Corrales, NM 87048
El Rey Acres · Sandoval County
Key Facts
Description
220 degree City & Mountain Views | Exclusive Private Gate Access | Major System Updates Experience the best of Corrales living in this beautiful home located within a private gated enclave shared by only three neighboring properties. Enjoy breathtaking views overlooking the city lights and the Sandia Mountains, creating a truly special setting.Built with quality 2x6 construction, this well-maintained home features extensive updates, including a replacement well (2015), septic system (2019), TPO roof (2022), and new paint (2020). Additional highlights include two en-suite bedrooms, a dedicated office with a mini-split, and a hot tub that conveys!Offering privacy, incredible views, and major improvements already completed, this exceptional Corrales property is a rare opportunity.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1984
Living Area
3,012 sq ft
Lot Size
1.00 acres
Garage Spaces
2
Days on Market
13
MLS® Listing#
1106034
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Laundry
Construction
Roof
Windows
Utilities
Sewer
Water Source
Rooms
- Kitchen13.6 x 17.6Main
- Living Room22.4 x 18.7Main
- Master Bedroom24.6 x 16.11Main
Financial Details
Annual Taxes
$5,213
Parcel Number
1014067088059
Directions
From Loma Larga, south of Meadowlark, West on El Rey towards top of hill on south side.
Affordability Calculator
$161,000
Estimated monthly payment
$4,285/mo
Principal $644,000 · Est. interest $898,437 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Corrales, NM
- $960,000
- Median Listing Price
- 65
- Median Days on Market
- 3,082
- Median Sq Ft
- $313
- Median Price / Sq Ft
- 48
- Active Listings
- This home’s price is 16% below the area median.
- Its price per sq ft is 15% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Corrales, NM.
Location
- 489 El Rey Drive, Corrales, NM 87048
Points of Interest in Corrales, NM
Showing the Corrales area map.
Nearby Schools
Springstone Montessori Schools
Elementary · 0.6 mi away
Leap International Montessori School
Elementary · 0.9 mi away
Covenant Schools
School · 0.9 mi away
Cibola High School
Secondary · 1.1 mi away
Quail Run Montessori School
Elementary · 1.3 mi away
Rio Rancho Cyber Academy
School · 1.4 mi away
Seven Bar Elementary School
Elementary · 1.4 mi away
Cottonwood School
School · 1.8 mi away
Mountain View Private School
School · 2.0 mi away
Martin Luther King Junior Elementary School
Elementary · 2.1 mi away
Rio Rancho Elementary School
Elementary · 2.1 mi away
Corrales Elementary School
Elementary · 2.5 mi away
Maggie Cordova Elementary School
Elementary · 2.7 mi away
Alameda Elementary School
Elementary · 2.8 mi away
Petroglyph Elementary School
Elementary · 2.8 mi away
Taylor Middle School
Secondary · 3.1 mi away
Rio Rancho High School
Secondary · 3.2 mi away
North Valley Academy
School · 3.3 mi away
Sandia View Academy
School · 3.3 mi away
Sierra Vista Elementary School
Elementary · 3.4 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 | $675,000 | 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 |
| 42 Sereno Court, Corrales, NM | $822,500 | 3 | 3 | 2,728 |
Moving Cost Estimate
EXIT Agents in Corrales
Listing Courtesy: Keller Williams Realty - 5052718200

















